About
Bharat Road Network Limited owns, designs, develops, builds, operates, and transfers road and related services in India. It is also involved in the project development and implementation; tolling operation and maintenance; highway management and development; claim and contracts management; and advisory and project management services, including construction supervision/debt syndication. The company was incorporated in 2006 and is based in Kolkata, India.
Key Metrics
as of Sep 2026Market Cap144 Cr
P/E—
Div Yield0.00 %
Book Value₹48.00
52w High₹26.50
52w Low₹16.60
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 3.00 | 2.00 | 2.00 |
| Expenses | 155.00 | 2.00 | 2.00 | 2.00 | 2.00 | 6.00 | 256.00 | 51.00 | 2.00 | 1.00 | 3.00 | 2.00 | 3.00 |
| Operating Profit | -153.00 | -1.00 | 0.00 | 0.00 | 0.00 | -4.00 | -254.00 | -49.00 | -1.00 | 0.00 | 0.00 | 0.00 | -1.00 |
| OPM % | -8,344.00 | -56.00 | -30.00 | -32.00 | -23.00 | -283.00 | -16,840.00 | -3,430.00 | -46.00 | 11.00 | -14.00 | -22.00 | -77.00 |
| Other Income | 0.00 | 1.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.00 | 9.00 | 9.00 | 9.00 | 8.00 |
| Profit before tax | -153.00 | 0.00 | 1.00 | 1.00 | 2.00 | -2.00 | -252.00 | -47.00 | -8.00 | -7.00 | -7.00 | -7.00 | -8.00 |
| Tax % | 0.00 | 38.00 | -31.00 | 9.00 | 25.00 | -33.00 | 0.00 | 1.00 | -26.00 | -26.00 | -28.00 | -25.00 | -25.00 |
| Net Profit | -153.00 | 0.00 | 1.00 | 1.00 | 1.00 | -2.00 | -253.00 | -48.00 | -6.00 | -5.00 | -5.00 | -6.00 | -6.00 |
| EPS in Rs | -18.17 | -0.03 | 0.13 | 0.15 | 0.15 | -0.18 | -30.12 | -5.68 | -0.73 | -0.61 | -0.63 | -0.66 | -0.73 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6.00 | 6.00 | 7.00 | 27.00 | 91.00 | 19.00 | 7.00 | 11.00 | 33.00 | 14.00 | 4.00 | 10.00 |
| Expenses | 8.00 | 315.00 | 9.00 | 67.00 | 114.00 | 46.00 | 12.00 | 10.00 | 15.00 | 5.00 | 4.00 | 9.00 |
| Operating Profit | -2.00 | -309.00 | -2.00 | -41.00 | -23.00 | -27.00 | -5.00 | 0.00 | 18.00 | 9.00 | 0.00 | 1.00 |
| OPM % | -35.00 | -5,222.00 | -26.00 | -152.00 | -25.00 | -142.00 | -81.00 | 3.80 | 55.00 | 63.00 | 7.00 | 11.00 |
| Other Income | 6.00 | 8.00 | 7.00 | -26.00 | -291.00 | 12.00 | 11.00 | 64.00 | 31.00 | 2.00 | 4.00 | 33.00 |
| Interest | 0.00 | 9.00 | 34.00 | 31.00 | 27.00 | 22.00 | 2.00 | 44.00 | 9.00 | 9.00 | 50.00 | 41.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 4.00 | -310.00 | -30.00 | -97.00 | -341.00 | -37.00 | 3.00 | 20.00 | 41.00 | 3.00 | -47.00 | -6.00 |
| Tax % | 9.00 | -1.00 | -26.00 | -17.00 | -6.00 | -17.00 | 31.00 | 30.00 | 29.00 | 20.00 | 0.00 | 0.00 |
| Net Profit | 3.00 | -308.00 | -22.00 | -80.00 | -322.00 | -31.00 | 2.00 | 14.00 | 29.00 | 2.00 | -47.00 | -6.00 |
| EPS in Rs | 0.41 | -36.71 | -2.63 | -9.55 | -38.38 | -3.68 | 0.27 | 1.70 | 3.44 | 0.40 | -46.68 | -6.31 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 29.00 | 29.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 84.00 | 84.00 | 84.00 | 84.00 | 84.00 | 84.00 | 84.00 | 84.00 | 84.00 | 55.00 | 10.00 | 10.00 |
| Reserves | 332.00 | 329.00 | 637.00 | 659.00 | 739.00 | 1,061.00 | 1,092.00 | 1,095.00 | 1,086.00 | 518.00 | -121.00 | -74.00 |
| Borrowings | 264.00 | 264.00 | 264.00 | 307.00 | 310.00 | 325.00 | 143.00 | 120.00 | 133.00 | 150.00 | 513.00 | 377.00 |
| Other Liabilities | 53.00 | 134.00 | 125.00 | 94.00 | 123.00 | 34.00 | 132.00 | 35.00 | 85.00 | 3.00 | 5.00 | 6.00 |
| Total Liabilities | 733.00 | 810.00 | 1,110.00 | 1,144.00 | 1,256.00 | 1,505.00 | 1,451.00 | 1,334.00 | 1,387.00 | 726.00 | 407.00 | 319.00 |
| Fixed Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 392.00 | 414.00 | 696.00 | 761.00 | 892.00 | 1,085.00 | 1,144.00 | 1,240.00 | 1,114.00 | 643.00 | 311.00 | 309.00 |
| Other Assets | 341.00 | 396.00 | 413.00 | 382.00 | 364.00 | 419.00 | 306.00 | 94.00 | 273.00 | 83.00 | 96.00 | 10.00 |
| Total Assets | 733.00 | 810.00 | 1,110.00 | 1,144.00 | 1,256.00 | 1,505.00 | 1,451.00 | 1,334.00 | 1,387.00 | 726.00 | 407.00 | 319.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -17.00 | -4.00 | -1.00 | -53.00 | 50.00 | -102.00 | -67.00 | -25.00 | -15.00 | -19.00 | -4.00 | -2.00 |
| Cash from Investing Activity | 98.00 | 3.00 | 45.00 | 87.00 | -9.00 | -57.00 | 51.00 | 76.00 | -530.00 | -114.00 | -77.00 | 101.00 |
| Cash from Financing Activity | -80.00 | 0.00 | -44.00 | -34.00 | -42.00 | 161.00 | 16.00 | -54.00 | 533.00 | 148.00 | 81.00 | -98.00 |
| Net Cash Flow | 1.00 | 0.00 | 0.00 | 0.00 | -1.00 | 1.00 | 0.00 | -4.00 | -12.00 | 16.00 | -1.00 | 1.00 |
| Free Cash Flow | -17.00 | -4.00 | -1.00 | -53.00 | 50.00 | -103.00 | -68.00 | -25.00 | -15.00 | -19.00 | -4.00 | -2.00 |
| CFO/OP % | 764.00 | 1.00 | 184.00 | 129.00 | -228.00 | 377.00 | 1,227.00 | -4,565.00 | -60.00 | -206.00 | -1,273.00 | -169.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 177.00 | 234.00 | 198.00 | 48.00 | 22.00 | 150.00 | 598.00 | 350.00 | 474.00 | 301.00 | 801.00 | 212.00 |
| Cash Conversion Cycle | 177.00 | 234.00 | 198.00 | 48.00 | 22.00 | 150.00 | 598.00 | 350.00 | 474.00 | 301.00 | 801.00 | 212.00 |
| Working Capital Days | -1,745.00 | -7,184.00 | -4,452.00 | 2,037.00 | 568.00 | 4,003.00 | -197.00 | 493.00 | 1,487.00 | 300.00 | 1,174.00 | -9,792.00 |
| ROCE % | 1.00 | -36.00 | 0.00 | -4.00 | -1.00 | -1.00 | 0.00 | 5.00 | 5.00 | 2.00 | 1.00 | 10.00 |
Corporate Actions
3 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 05 Dec 2019 | 07 Dec 2019 | — | 0.50 | |
| Dividend | 19 Sep 2018 | 21 Sep 2018 | — | 0.50 | |
| Dividend | 16 Nov 2017 | 17 Nov 2017 | — | 0.50 |