Synopsis:
B.R. Goyal Infrastructure Limited secured a Rs. 47.83 crore NHAI contract for toll collection and toilet block maintenance at Khambara Fee Plaza, enhancing its highway operations portfolio.
Known for its expertise in infrastructure development and toll management services, the company continues to strengthen its presence in the sector. In this update, readers can learn about a significant new contract awarded to the firm, highlighting its growing role in highway operations and future expansion prospects.
B.R.Goyal Infrastructure Limited’s stock, with a market capitalisation of Rs. 419 crores, rose to Rs. 177, hitting a high of up to 4 percent from its previous closing price of Rs. 170.05. Furthermore, the stock over the past year has given a return of 23.4 percent.
Order Details
B.R. Goyal Infrastructure Limited has been given a contract by the National Highways Authority of India to collect user fees and maintain nearby toilet blocks at Khambara Fee Plaza in Maharashtra.
The contract is for one year and is worth about Rs. 47.83 crore. It was awarded through a competitive online bidding process, and there are no related parties involved in this deal.
Financial Highlight
In H2FY25, the company reported revenue of Rs. 352 crore, flat at Rs. 352 crore in H2FY24 compared to the previous year. However, revenue for H1FY25 stood at Rs. 213 crore, indicating a year-on-year (YoY) 65% increase. Profit for H2FY25 was Rs. 18 crore which is same as Rs. 18 crore in H2FY24, while H1FY25 profit was Rs. 6 crore.
Over the past three years, the company has achieved a strong profit CAGR of 55% and a sales CAGR of 34%, with a 3-year ROE CAGR of 16%, reflecting solid growth and improving returns despite recent quarterly fluctuations.
Written By Fazal Ul Vahab C H
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