Rs 1,313 Crore Order Book: Construction Company Secured Rs 4.22 Crore Road Repair Contract in Madhya Pradesh
As of March 30, 2025, the company held a robust order book worth Rs 1,313 crore, with a major share concentrated in road and highway projects.
B.R.Goyal Infrastructure Limited, a prominent player in the Indian infrastructure sector, has received a new work order worth Rs 4.22 crore from NHDC Limited. The contract involves repair and recarpeting work on the Barwaha – Siddhwarkut road at the Omkareshwar Power Station in Madhya Pradesh and is expected to be completed within a span of ten months. This development has sparked renewed investor interest, reflecting the company’s growing influence in infrastructure development across the country.
The company’s stock closed at Rs 126.5 on June 13, 2025, with a 52-week high of Rs 151.25 and a 52-week low of Rs 100. The new project win has further strengthened investor confidence as the company continues to scale its presence in roads and highways. The contract also underscores B.R.Goyal’s ability to execute complex infrastructure projects and demonstrates its strategic push in enhancing its domestic market footprint.
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Founded in 2005, B.R.Goyal Infrastructure Limited operates across multiple business segments such as engineering, procurement and construction (EPC) services, ready-mix concrete (RMC) manufacturing, toll collection contracts, residential projects, and wind energy. In FY24, EPC services accounted for 68.18 per cent of the total revenue, making it the company’s core revenue contributor. As of March 30, 2025, the company held a robust order book worth Rs 1,313 crore, with a major share concentrated in road and highway projects.
The company successfully raised Rs 85.2 crore through its initial public offering (IPO) and got listed on January 14, 2025. The IPO proceeds were directed toward capital expenditure, working capital, and potential acquisitions. B.R.Goyal’s strategic priorities include expanding RMC manufacturing capacity and boosting toll collection operations to support its long-term growth.
As of now, the market capitalisation of B.R.Goyal Infrastructure stands at Rs 301 crore, placing it in the small-cap category. Its price-earnings (PE) ratio is 13.67, indicating a moderate valuation compared to industry peers. Spread X Securities Private Limited is a notable public shareholder, holding 1.23 per cent of the company’s equity. The company has not announced any dividend or bonus plans recently but continues to focus on strengthening fundamentals and execution capabilities.
Disclaimer: The article is for informational purposes only and not investment advice.