B.R.Goyal Infra.
B.R.Goyal Infra. Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Q4 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
The company targets a consistent growth rate of 20% to 25% annually in revenue. The company aims for a revenue growth of 20% to 25% annually in the coming years.
From B.R.Goyal Infra.'s Q4 FY26 earnings-call transcript · updated 25 Aug 2026.
Revenue & Sales Performance
- The company targets a consistent growth rate of 20% to 25% annually in revenue.
- They have already bid for INR1,500 to INR2,000 crores worth of large projects, aiming to increase the scale of orders.
- The focus is maintained on a balanced revenue mix: ~40% EPC road and building, 20-25% wastewater, and 35-40% toll collection contracts.
- Expansion into new sectors like wastewater treatment and toll collection contracts (TOT and BOT models) provides additional growth avenues.
- Strategic bidding aligns with government fund allocations to ensure timely execution and payment.
- Increasing order book from INR1,235 crores with plans to add INR2,000 crores in orders indicates robust order inflow.
- The company is transitioning to larger ticket size projects (INR500+ crores for road projects, INR50-100+ crores for building contracts) to optimize scale and margins.
- Enhancing execution capabilities and geographical presence across nine states supports sustainable growth trajectory.
Profitability & Margins
See what B.R.Goyal Infra. said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- The company made a strategic investment by acquiring a 10% stake in VirtuosoInfra Meditech Limited, a real estate company in Indore developing a building project with around 3 to 3.5 lakh sq. ft. saleable area.
- The project is expected to last 2 to 2.5 years with an estimated revenue of about INR150 crores.
- Fundraising through convertible warrants and enhancement of borrowing limits aims to support larger opportunities and long-term expansion plans.
- Preferential issue funds will be used for working capital and to pursue growth initiatives, including targeting larger ticket-size EPC projects above INR200 crores.
- The company is focusing on bidding for bigger projects including potential PPP and HAM projects, with plans to monetize assets and expand in toll collection contracts.
- No joint ventures or technology tie-ups for wastewater projects; currently focused on civil work.
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Ranked on what management guided this quarter
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 Infra. said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- As of March 31, 2026, B.R. Goyal Infrastructure Limited had an order book of approximately INR 1,200 crores.
- The company is targeting to add around INR 2,000 crores of new orders in FY27 across sectors like wastewater, roads, and toll collection.
- Currently, the outstanding order book stands around INR 1,235 crores after executing INR 811 crores worth of projects.
- The company has bid for projects worth between INR 1,500 to INR 2,000 crores, including individual projects of INR 300 crores, INR 600 crores, and INR 800 crores.
- Bid capacity is near INR 2,000 crores with the ability to bid up to INR 600-700 crores for individual EPC orders and unlimited toll collection contracts, supported by sufficient net worth.
- Order selection is focused on projects with assured government fund allocation, mainly national highways and municipal bodies with allocated budgets.
Continue your research
What B.R.Goyal Infra.'s management said in earlier quarters
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Frequently Asked Questions
What were B.R.Goyal Infra. Q4 FY26 results?
The company targets a consistent growth rate of 20% to 25% annually in revenue. The company aims for a revenue growth of 20% to 25% annually in the coming years.
What is B.R.Goyal Infra. share price analysis?
B.R.Goyal Infra. currently shows a neutral. The stock trades at a P/E of 10.2 with a market cap of ₹456 Cr. Investors should review the full earnings analysis for detailed insights.
Is B.R.Goyal Infra. planning capital expenditure?
The company made a strategic investment by acquiring a 10% stake in VirtuosoInfra Meditech Limited, a real estate company in Indore developing a building project with around 3 to 3.5 lakh sq.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.