BI

B.R.Goyal Infrastructure Ltd

Q2 FY26Construction

B.R.Goyal Infrastructure Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹192
Market cap₹453 Cr
P/E10.1
Updated23 Aug 2026
Read4 min read

The short version

Targeting 35% to 40% revenue growth in the current financial year (FY 2026) with expected turnover between INR 700 crores to INR 750 crores. Targeting 35% to 40% revenue growth for the current fiscal year (FY '26).

From B.R.Goyal Infrastructure Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Targeting 35% to 40% revenue growth in the current financial year (FY 2026) with expected turnover between INR 700 crores to INR 750 crores.
  • For FY 2027, expecting growth of 15% to 20% with targeted revenue around INR 900 crores.
  • Order book as of September 30, 2025 stands at INR 1,535 crores, providing visibility for the next two years.
  • A strong order pipeline of INR 2,500 crores in bids submitted, with an expected strike rate of 15% to 20%, leading to approx. INR 500 crores of new orders soon.

2 more points management made on revenue & sales performance

Profitability & Margins

See what B.R.Goyal Infrastructure Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • The company has undertaken capex of around INR 16 crores recently, partly funded by an IPO proceed of INR 8 crores and a term loan of INR 7 crores for equipment and commercial loans.
  • This capex is intended to ensure smooth and fast project execution by investing in plant, machinery, construction equipment, and vehicles.
  • There is a focus on expanding bidding capacity for larger projects (e.g., road projects up to INR 600 crores, building projects above INR 100 crores).

2 more points management made on capital expenditure plans

Top-ranked in Construction

Ranked on what management guided this quarter

5x potential
1Dilip Buildcon
Rev 1Mar 3
2Solarworld Ene.
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what B.R.Goyal Infrastructure Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • As of September 30, 2025, the unexecuted order book stands at INR 1,535 crores, up 73% from INR 887 crores as of September 30, 2024.
  • Order book split:
  • Road EPC: INR 1,000 crores pending
  • Building EPC: INR 100 crores pending
  • Wastewater: INR 160 crores pending
  • Toll collection: INR 275 crores pending
  • Execution timeline averages 12 to 36 months depending on the project.
  • For H2 FY26, expected execution of INR 400 to 450 crores orders.
  • For FY27, expected execution of INR 800 to 900 crores orders.
  • Bid pipeline currently stands at INR 2,500 crores submitted.

2 more points management made on order book & pipeline

What B.R.Goyal Infra.'s management said in earlier quarters

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Frequently Asked Questions

What were B.R.Goyal Infrastructure Ltd Q2 FY26 results?

Targeting 35% to 40% revenue growth in the current financial year (FY 2026) with expected turnover between INR 700 crores to INR 750 crores. Targeting 35% to 40% revenue growth for the current fiscal year (FY '26).

What is B.R.Goyal Infrastructure Ltd share price analysis?

B.R.Goyal Infrastructure Ltd currently shows a neutral. The stock trades at a P/E of 10.1 with a market cap of ₹453 Cr. Investors should review the full earnings analysis for detailed insights.

Is B.R.Goyal Infrastructure Ltd planning capital expenditure?

The company has undertaken capex of around INR 16 crores recently, partly funded by an IPO proceed of INR 8 crores and a term loan of INR 7 crores for equipment and commercial loans.

Keep B.R.Goyal Infrastructure Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.