What the business is, and whether it's a good one at a fair price.
Builds and operates road infrastructure assets under India's hybrid annuity model, with revenue earned from toll collection and government annuity payments on completed road projects. The business is run through project-specific subsidiaries, including Guruvayoor Infrastructure (GIPL), Orissa Steel Expressway (OSEPL), and previously Solapur Tollways (STPL). STPL entered the Corporate Insolvency Resolution Process on 20 December 2024 and BRNL has ceased control over it, booking an exceptional gain of Rs. 18,392.16 lakhs from the deconsolidation in 9M FY26. FY26 consolidated revenue was Rs. 154.30 crore and total assets stood at Rs. 1,435.51 crore. The asset-heavy model shows up in depreciation at 42.5% of revenue. The company defaulted on repayment of Rs. 19,357.72 lakhs of financial assistance due on 31 March 2025, with auditors flagging material uncertainty on going concern; a partial payment of Rs. 8,000 lakhs was made in December 2025.
Measured from the filed financials, judged against its Transport Infrastructure peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
Loading peers…
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
Loading financials…
Who owns it — and is the promoter stake clean?
Loading shareholding…
Sign up to see the full company file
Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.
Answered from BHARAT ROAD NETWORK LTD's filed financials and exchange disclosures
BHARAT ROAD NETWORK LTD is a Transport Infrastructure company listed on NSE and BSE, trading under the symbol BRNL.
No. Over the trailing twelve months BHARAT ROAD NETWORK LTD reported a net loss of ₹160 Cr on revenue of ₹155 Cr.
Not in the latest reported year — BHARAT ROAD NETWORK LTD's dividend payout for FY26 was nil.
No. Debt stands at 0.81× equity, and it carries net debt of ₹308 Cr. That is lower than 7% of its 15 Transport Infrastructure peers.
On a typical session BHARAT ROAD NETWORK LTD moves 1.14% — that is the median absolute close-to-close move across its last 268 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by BHARAT ROAD NETWORK LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.
