Bharat Road Network Ltd
Bharat Road Network Ltd (BRNL) last reported results for the quarter ended Jun 2026, with sales of ₹47 crore and net profit of ₹-87 crore. The stock last traded at ₹16.2, a market capitalisation of ₹136 crore. Over the past 52 weeks the stock has ranged between ₹15.1 and ₹26.5. Figures are as of 6 Oct 2026 and are not real time.
Bharat Road Network Ltd share price and key metrics
- Current price
- ₹16.2
- Market cap
- ₹136 cr
- Book value
- ₹48
- ROE
- -8.15%
- ROCE
- -6.53%
- Dividend yield
- 0.00%
- 52w high / low
- 26.5/15.1
Metrics as of 6 Oct 2026. Not real time.
Track Bharat Road Network Ltd
Cruxal reads every Bharat Road Network Ltd filing as it lands, scores what it means for the stock, and emails you the ones that matter. Free to start.
Bharat Road Network Ltd growth and returns
- 10 Years
- 70%
- 5 Years
- -6%
- 3 Years
- -22%
- TTM
- -61%
- 10 Years
- 5%
- 5 Years
- 12%
- 3 Years
- 23%
- TTM
- -180%
- 10 Years
- %
- 5 Years
- -12%
- 3 Years
- -26%
- 1 Year
- -29%
- 10 Years
- -12%
- 5 Years
- -23%
- 3 Years
- 0%
- Last Year
- -8%
Bharat Road Network Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹47 cr, up 2.2% from ₹46 cr a year earlier. Net profit swung to a loss of ₹87 cr.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 76 | 232 | 47 | 46 | 17 | 42 | 49 | 47 |
| Expenses | 68 | 54 | 42 | 18 | 64 | 8 | 88 | 121 |
| Operating profit | 8 | 177 | 5 | 28 | -47 | 34 | -40 | -73 |
| OPM % | 11% | 76% | 11% | 61% | -276% | 82% | -81% | -154% |
| Other income | 5 | 7 | 6 | 5 | 67 | 8 | -48 | 6 |
| Interest | 5 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 18 | 18 | 18 | 19 | 7 | 17 | 22 | 20 |
| Profit before tax | -10 | 165 | -8 | 14 | 12 | 25 | -110 | -87 |
| Tax % | 2% | 0% | -10% | 3% | 1% | -1% | 0% | -0% |
| Net profit | -10 | 164 | -7 | 13 | 12 | 25 | -110 | -87 |
| EPS (₹) | -0.85 | 20.20 | -0.57 | 1.22 | 0.57 | 2.19 | -7.51 | -11.24 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Bharat Road Network Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 142 | 153 | 401 | 299 | 210 | 216 | 326 | 380 | 274 | 154 | 155 |
| Operating profit | -32 | -18 | 153 | 184 | 46 | -50 | 4 | 138 | 57 | -24 | -126 |
| OPM % | -22% | -12% | 38% | 61% | 22% | -23% | 1.3% | 36% | 21% | -16% | -81% |
| Net profit | -62 | 23 | -44 | -13 | -119 | -389 | -205 | -113 | 136 | -59 | -160 |
| EPS (₹) | -11.40 | 2.78 | -4.56 | -1.90 | -13.61 | -44.83 | -24.96 | -13.34 | 16.81 | -3.53 | -15.99 |
TTM is the trailing twelve months to the most recent quarter.
Bharat Road Network Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 55 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 |
| Reserves | 386 | 979 | 928 | 917 | 802 | 425 | 218 | 106 | 247 | 319 |
| Borrowings | 559 | 1,041 | 1,372 | 1,556 | 1,539 | 1,492 | 1,413 | 1,328 | 434 | 434 |
| Other liabilities | 231 | 465 | 581 | 767 | 717 | 845 | 991 | 1,216 | 670 | 599 |
| Total liabilities | 1,231 | 2,569 | 2,965 | 3,324 | 3,143 | 2,846 | 2,706 | 2,734 | 1,435 | 1,436 |
| Fixed assets | 25 | 893 | 869 | 1,689 | 1,661 | 1,629 | 1,536 | 1,453 | 578 | 501 |
| CWIP | 420 | 542 | 797 | 100 | 132 | 158 | 242 | 347 | 1 | 0 |
| Investments | 449 | 562 | 523 | 486 | 426 | 206 | 119 | 120 | 116 | 93 |
| Other assets | 337 | 573 | 776 | 1,048 | 924 | 853 | 810 | 814 | 740 | 842 |
| Total assets | 1,231 | 2,569 | 2,965 | 3,324 | 3,143 | 2,846 | 2,706 | 2,734 | 1,435 | 1,436 |
As reported by the company. Total assets equal total liabilities by construction.
Bharat Road Network Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | -9 | 143 | 296 | 238 | 51 | 22 | 259 | 264 | 71 | -126 |
| Cash from investing | -333 | -1,031 | -365 | -157 | 168 | 196 | 81 | -208 | -62 | 328 |
| Cash from financing | 353 | 881 | 86 | -86 | -199 | -233 | -250 | -114 | -68 | -80 |
| Net cash flow | 11 | -7 | 17 | -5 | 20 | -15 | 90 | -57 | -59 | 122 |
| Free cash flow | -349 | -0 | -25 | 82 | 66 | -6 | 251 | 160 | 19 | -133 |
| CFO / operating profit | 26% | -801% | 198% | 130% | 114% | -47% | 6,047% | 191% | 128% | 474% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Bharat Road Network Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | -3% | 5% | 7% | 7% | 1% | -4% | -2% | 4% | 15% | -7% |
| Debtor days | 12 | 247 | 90 | 144 | 236 | 233 | 66 | 0 | 1 | 3 |
| Cash conversion cycle | 12 | 247 | 90 | 144 | 236 | 233 | 66 | 0 | 1 | 3 |
| Working capital days | -103 | -393 | -93 | 10 | -32 | -235 | -411 | -845 | -467 | -138 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Bharat Road Network Ltd shareholding pattern
Promoters held 51.73% at Jun 2026, broadly unchanged since Jun 2025. FIIs 0.00% and DIIs 0.16%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 51.97% | 51.97% | 51.97% | 51.97% | 51.97% | 51.97% | 51.97% | 51.73% |
| FIIs | 0.01% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% |
| DIIs | 0.00% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.16% |
| Public | 48.04% | 47.92% | 47.92% | 47.91% | 47.92% | 47.92% | 47.92% | 48.10% |
| No. of shareholders | 51,038 | 50,492 | 51,195 | 52,763 | 54,581 | 53,152 | 52,422 | 51,502 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Bharat Road Network Ltd corporate filings
- Annual Report of Bharat Road Network Ltd for FY ended 31 March 2026 filed; no financial or operational updates includedOtherslow impact
Cruxal's analysis: The company has submitted its annual report for the fiscal year ending March 31, 2026…
Read the full analysis - Bharat Road Network Limited's AGM results confirm strong shareholder approval for financial and related party resolutions, with over 99.99% voting in favor of the financial statements and approximately 95% approving related party transactions, indicating stable corporate governance and operational transparency.AGM/EGMlow impact
Cruxal's analysis: Bharat Road Network Limited reported a significant voting majority in its AGM held on…
Read the full analysis - Bharat Road Network Limited conducts 19th AGM; no immediate financial disclosures or strategic announcementsAGM/EGMlow impact
Cruxal's analysis: Bharat Road Network Limited held its 19th Annual General Meeting on September 30, 2026…
Read the full analysis - Closure of Trading WindowInsider Trading / SASTlow impact
Cruxal's analysis: please refer attached letter
Read the full analysis - Bharat Road Network Limited Announces 19th Annual General Meeting for September 30, 2026Company Updatelow impact
Cruxal's analysis: Bharat Road Network Limited has issued a formal notice for its 19th Annual General…
Read the full analysis - Bharat Road Network Limited Announces 19th AGM and Seeks Shareholder Approval for Related Party TransactionsAGM/EGMmedium impact
Cruxal's analysis: Bharat Road Network Limited has scheduled its 19th Annual General Meeting for September…
Read the full analysis - Bharat Road Network Limited announces 19th Annual General Meeting scheduled for September 30, 2026Company Updatelow impact
Cruxal's analysis: Bharat Road Network Limited has issued a formal notice for its 19th Annual General…
Read the full analysis - Bharat Road Network Ltd: Newspaper publication of financial resultsCompany Updatelow impact
Cruxal's analysis: Bharat Road Network Ltd has published its financial results in newspapers as per…
Read the full analysis - Bharat Road Network Reports Significant Quarterly Losses and Faces Material Uncertainty Regarding Going ConcernBoard Meetinghigh impact
Cruxal's analysis: Bharat Road Network Limited reported a standalone net loss of 152.51 crore for the…
Read the full analysis - Bharat Road Network Limited schedules Board Meeting for June 2026 quarterly resultsBoard Meetinglow impact
Cruxal's analysis: Bharat Road Network Limited has formally notified the stock exchanges that a meeting of…
Read the full analysis - Bharat Road Network Limited announces resignation of Non-Executive Director Bajrang Kumar ChoudharyCompany Updatelow impact
Cruxal's analysis: Bharat Road Network Limited has formally disclosed the resignation of Mr. Bajrang Kumar…
Read the full analysis
This page shows filings on a one-hour delay. Sign in to see them as they land, with Cruxal's analysis of what each one means.
Cruxal publishes market data and coverage for information only. Nothing here is investment advice.