Bharat Road Network Ltd Stock Price Today (NSE: BRNL)

Bharat Road Network Ltd

19.570.40 (2.00%)
Market Open

Fundamental Score

...

Bharat Road Network Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Bharat Road Network Ltd share price today is 19.57, down 2.00% on NSE/BSE as of 19 June 2026. Bharat Road Network Ltd (BRNL) is a Small-cap company in the Civil Construction sector with a market capitalisation of 201.90 (Cr). The 52-week high for BRNL share price is 26.50 and the 52-week low is 16.66. At a P/E ratio of 1.12x, BRNL is currently trading below its industry average P/E of 18.93x. The company has a Return on Equity (ROE) of 53.67% and a debt-to-equity ratio of 1.05.

Bharat Road Network Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
23.40
Low
19.51
Volume
43.8K
Change
-4.56%

Bharat Road Network Ltd share price chart: -4.56% return over the past month. 52-week high ₹26.50, 52-week low ₹16.66.

Bharat Road Network Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
19.6220.4819.0119.5742.27K (Cr)
19.8920.2019.8019.9728.67K (Cr)
20.1120.7720.1120.3531.24K (Cr)
20.5020.9019.7220.1166.55K (Cr)
19.9220.7019.9220.3232.44K (Cr)
20.3020.8920.1520.3116.86K (Cr)
20.1920.4919.5120.2418.55K (Cr)
20.4820.4819.9720.1913.05K (Cr)
20.2720.4919.5620.1123.28K (Cr)
19.7320.8919.7320.2624.09K (Cr)

Bharat Road Network Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
19.8920.4819.0119.57-1.61%
20.4023.4019.5120.35-0.25%
16.9322.0416.9320.77+22.68%
18.5521.0716.6616.94-8.68%
22.0122.7619.0519.46-11.59%
23.0623.0619.2021.80-5.46%
24.8824.8821.4922.62-9.08%
24.4226.5023.1624.43+0.04%
22.9025.4019.9024.17+5.55%
19.7024.6819.3022.86+16.04%
20.7122.2417.4019.08-7.87%
20.5324.8020.2020.60+0.34%

AI Research Briefing

Powered by Gemini · 2026-04-09

Microcap road builder is a distressed asset with potential for a turnaround, but significant risks remain.

Research Confidence
4.0/10Low
DEBT TRAP TURNAROUNDBreakdown. 1M: -0.46%, 3M: 20.24%, 6M: 4.56%Cheap, P/E 1.12x vs Industry P/E 18.93x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

BRNL's share price is Recent news includes the closure of the trading window, and announcement of board meeting outcomes from February. Q3 FY26 results showed a 145.91% QoQ increase in revenue to , but a 81.85% YoY decline. Net profit increased 107.32% QoQ to , but decreased 84.66% YoY.

CORE STORY (THE REAL GAME)

Why Now
  • QoQ revenue improvement
  • Low valuation
  • Government infrastructure push
Potential Catalysts
  • Successful debt restructuring
  • Strategic stake sale
  • Major order win
Key Risks
  • YoY revenue decline
  • ED proceedings at subsidiary level
  • Auditor going concern warning
Institutional Activity

FII holding is 0.0% (Δ -0.01%). Negligible institutional interest.

Macro Context

Civil engineering market in India is expected to grow at a CAGR of 35.1% from 2026 to 2033.

Cash Flow Quality

Yes, Free Cash Flow 5Y: ₹490.14 Cr

3–6 Month Outlook

Next 3-6 months hinge on debt restructuring and ability to secure new projects. Without these, bankruptcy risk is high.

Primary Thesis Risk

Inability to restructure debt will lead to bankruptcy.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

53.67%

Profit generated per ₹1 of shareholder equity

Average

Return on Capital (ROCE)

15.12%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

13.86%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Bharat Road Network Ltd Valuation Check

Excellent

Price to Earnings (P/E)

1.12x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

18.93x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

51.96%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.11%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

22.92%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

166.34%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-77.56%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

-1.72%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

53.91%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

53.91%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

1.05x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

74.20x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

490.14 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Bharat Road Network Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of BRNL across key market metrics for learning purposes.

Positive Indicators

9 factors identified

Strong Return on Equity (53.67%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (15.12%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Attractive Valuation (P/E: 1.12 vs Industry: 18.93)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (166.34%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Excellent EPS Growth (53.91% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (53.91% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Strong Interest Coverage (74.20x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹490.14 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (51.96%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Risk Factors

6 factors identified

Revenue Contraction (-77.56%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Limited Growth History (-1.72% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Elevated Debt Levels (D/E: 1.05)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Limited Institutional Interest (FII+DII: 0.11%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

High Share Pledging Risk (22.92%)

Observation: Significant promoter share pledging creates potential overhang.

Analysis: High pledging levels may create selling pressure during market downturns.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Bharat Road Network Ltd vs Civil Construction Peers

Peer Comparison - Civil Construction

Compare Bharat Road Network Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
46.1/100
20
₹201.90
1.1
Average
53.67%
Excellent
15.12%
Good
1.1
Average
53.91%
Excellent
-1.72%
Poor
0.00%
35.9/100
4048
₹560453.09
34.9
Average
16.55%
Good
14.49%
Average
1.3
Average
9.73%
Good
11.95%
Good
0.83%
34.9/100
252
₹67085.37
59.1
Average
14.01%
Average
14.72%
Average
0.5
Good
11.11%
Good
6.52%
Good
0.53%
60.3/100
99
₹31859.97
47.7
Average
25.54%
Excellent
33.17%
Excellent
0.0
Excellent
51.02%
Excellent
8.28%
Good
0.57%
24.4/100
22
₹26046.27
29.8
Average
5.91%
Poor
7.82%
Poor
1.0
Average
7.82%
Good
2.13%
Average
0.70%
29.9/100
1274
₹20171.65
24.6
Average
9.96%
Poor
15.95%
Good
0.7
Good
8.45%
Good
11.98%
Good
0.76%
48.5/100
503
₹18483.64
27.1
Average
12.02%
Average
17.98%
Good
0.9
Good
0.06%
Average
12.80%
Good
0.79%
14.1/100
318
₹15033.09
29.9
Average
11.06%
Average
19.59%
Good
0.7
Good
14.18%
Good
4.78%
Average
0.61%
30.2/100
140
₹14995.61
25.0
Average
11.33%
Average
11.60%
Average
0.8
Good
8.27%
Good
14.82%
Good
1.66%
60.7/100
993
₹14797.54
33.2
Average
21.78%
Excellent
27.64%
Excellent
0.5
Excellent
37.51%
Excellent
26.03%
Excellent
0.23%
66.3/100
1073
₹13872.92
31.1
Average
12.81%
Average
16.54%
Good
0.0
Excellent
18.85%
Excellent
21.09%
Excellent
0.75%

Bharat Road Network Ltd PE Ratio History

Historical price-to-earnings ratio for BRNL — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202516.22₹22.621.4x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Bharat Road Network Ltd Quarterly Performance

Latest quarterly metrics for BRNL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-77.56%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

166.34%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

-1.72%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

53.91%

Compounded annual net profit growth over 5 years

Bharat Road Network Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for BRNL — calculated from daily price history

26RSI 14
Oversold — RSI 26

Selling pressure is heavy — potential reversal zone.

SMA 50
20
▼ Price below SMA 50 — Short-term bearish
SMA 200
21
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
47K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Bharat Road Network Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Bharat Road Network Ltd (BRNL) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Bharat Road Network Ltd

About BRNL (Bharat Road Network Ltd)

Bharat Road Network Ltd is a prominent player in India's infrastructure development, focusing on the vital sector of civil construction, specifically road infrastructure. The compa...ny is deeply involved in the complete lifecycle of highway projects, from the initial conceptualization and meticulous design phase to the complex and demanding construction process. BRNL is more than just a construction company; it is an infrastructure solutions provider, taking on the responsibility of not only building roads but also ensuring their long-term viability and efficiency. They demonstrate a keen understanding of the challenges and opportunities inherent in the Indian landscape, enabling them to deliver projects that meet the growing demands of the nation's transportation network. Their commitment extends beyond simply laying asphalt; they aim to create sustainable and reliable infrastructure assets. BRNL's operational expertise extends beyond the physical construction, encompassing critical aspects like project development and diligent implementation. This includes meticulous planning, resource allocation, and efficient execution to ensure projects are completed on time and within budget. The company actively manages the operational phase, overseeing toll collection, rigorous maintenance, and proactive highway management to guarantee the longevity and smooth functioning of the roads. Furthermore, BRNL possesses considerable expertise in navigating the complexities of claim and contract management, demonstrating its commitment to sound financial governance and mitigating potential risks. Their integrated approach underscores their dedication to providing comprehensive solutions for road infrastructure development. Driven by a vision of contributing to India's growth story, BRNL provides advisory and project management services, offering invaluable insights and guidance to other stakeholders in the infrastructure sector. These services encompass detailed construction supervision, ensuring adherence to the highest quality standards, and facilitating debt syndication to secure the necessary financial resources for projects. Based in Kolkata, India, BRNL is strategically positioned to leverage its expertise and contribute to the development of a robust and efficient road network that connects communities, facilitates economic growth, and enhances the overall quality of life for millions of Indians. They strive to be a driving force in shaping India's infrastructure landscape.

Company Details

Symbol:BRNL
Industry:Civil Construction
Sector:Civil Construction

Key Leadership

Ms. Manisha Chandalia
Chief Financial Officer
Ms. Ankita Rathi
Company Secretary & Compliance Officer
Mr. Bajrang Kumar Choudhary
Executive Director

BRNL Share Price: Frequently Asked Questions

What is the current share price of Bharat Road Network Ltd?

Bharat Road Network Ltd (BRNL) trades at ₹19.57 on NSE and BSE. Market cap ₹201.90 (Cr). Educational data only.

What is the P/E ratio of Bharat Road Network Ltd?

Bharat Road Network Ltd has a P/E of 1.12x vs industry average 18.93x.

What is the Bull Run score for Bharat Road Network Ltd?

Bharat Road Network Ltd has a Bull Run score of 46.1/100 based on 25+ financial parameters.

Does Bharat Road Network Ltd pay dividends?

Bharat Road Network Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Bharat Road Network Ltd?

Bharat Road Network Ltd has ROE of 53.67%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Bharat Road Network Ltd?

Bharat Road Network Ltd has debt-to-equity of 1.05.

Is Bharat Road Network Ltd a good investment?

Bull Run gives Bharat Road Network Ltd a score of 46.1/100. This is not investment advice — consult a SEBI-registered advisor.