Bharat Road

When is the next results date for Bharat Road?

No Upcoming Board Meetings

Has Bharat Road declared dividend?

Bharat Road Network Ltd has declared a 5% dividend, amounting to 0.5 per share, with an ex-date of December 5, 2019. However, the total returns over various periods have shown significant losses, and the dividend yield remains at 0%, indicating that dividends have not contributed to investor returns recently.

Bharat Road Network Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 05 Dec 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -52.18%, the dividend return was 0%, resulting in a total return of -52.18%.<BR><BR>For the 1-year period, the price return was -55.97%, the dividend return was 0%, leading to a total return of -55.97%.<BR><BR>Over the 2-year period, the price return was -24.28%, the dividend return was 0%, which resulted in a total return of -24.28%.<BR><BR>In the 3-year period, the price return was -20.1%, the dividend return was 0%, culminating in a total return of -20.1%.<BR><BR>During the 4-year period, the price return was -25.04%, the dividend return was 0%, yielding a total return of -25.04%.<BR><BR>For the 5-year period, the price return was -42.37%, the dividend return was 0%, resulting in a total return of -42.37%.<BR><BR>Overall, while Bharat Road Network Ltd did declare a dividend, the total returns over various periods indicate significant losses, with no dividends contributing to returns in recent years. The dividend yield remains at 0%, suggesting that dividends have not been a source of return for investors.

Is Bharat Road overvalued or undervalued?

As of February 12, 2025, Bharat Road Network Ltd. is considered very attractive due to its undervalued status with a PE ratio of 1.39, Price to Book Value of 0.60, and EV to EBITDA of 1.70, alongside strong ROCE and ROE metrics, despite a poor YTD return of -48.87%.

As of 12 February 2025, Bharat Road Network Ltd. has moved from an attractive to a very attractive valuation grade, indicating a significant improvement in its perceived value. The company is currently undervalued, with a PE ratio of 1.39, a Price to Book Value of 0.60, and an EV to EBITDA of 1.70. These ratios suggest that the stock is trading at a substantial discount compared to its earnings and book value.<BR><BR>In comparison to its peers, Bharat Road Network Ltd. shows a favorable position; for instance, its peer has a PE ratio of 1.3852 and an EV to EBITDA of 1.6974, which are closely aligned but still highlight Bharat's relative undervaluation. Additionally, the company's impressive ROCE of 30.69% and ROE of 42.97% further support the argument for its undervaluation. Despite recent poor stock performance, with a YTD return of -48.87% compared to the Sensex's 5.58%, the underlying fundamentals suggest that Bharat Road Network Ltd. presents a compelling investment opportunity at its current price.

What is the technical trend for Bharat Road?

As of February 1, 2025, Bharat Road's technical trend has shifted to bearish, supported by negative indicators across multiple time frames, including MACD, moving averages, and KST, along with significant underperformance compared to the Sensex.

As of 1 February 2025, the technical trend for Bharat Road has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from multiple indicators. The MACD is bearish on both the weekly and monthly time frames, reinforcing the negative momentum. The daily moving averages also reflect a bearish trend. The KST is bearish across both weekly and monthly periods, while the Bollinger Bands indicate a mildly bearish outlook on the weekly and monthly charts. The Dow Theory shows a mildly bearish trend on the weekly but no trend on the monthly. Overall, the bearish sentiment is supported by the significant underperformance of the stock compared to the Sensex, particularly in the year-to-date and one-year returns.

Who are the peers of the Bharat Road?

Bharat Road's peers include Brahmaputra Inf., Desco Infra., Sadbhav Infra., and others. Bharat Road has below-average management and growth, with a 1-year return of -62.24%, significantly lower than its peers.

Peers: The peers of Bharat Road are Brahmaputra Inf., Desco Infra., Sadbhav Infra., Semac Construct, Modulex Const., BCPL Railway, Tarmat, HEC Infra Proj., Suntech Infra., and RKEC Projects.<BR><BR>Quality Snapshot: Below Average management risk is observed at Brahmaputra Inf., Desco Infra., Bharat Road, Tarmat, HEC Infra Proj., and the rest. Average management risk is found at Semac Construct and BCPL Railway, while RKEC Projects also has Average management risk. Excellent growth is noted at Desco Infra. and HEC Infra Proj., while Below Average growth is seen at Brahmaputra Inf., Bharat Road, Tarmat, and the rest. Semac Construct has Below Average growth, while Modulex Const. and Sadbhav Infra. do not qualify for growth. Good capital structure is present at Semac Construct, while Below Average capital structure is found at Brahmaputra Inf., Desco Infra., Bharat Road, Tarmat, BCPL Railway, HEC Infra Proj., and the rest.<BR><BR>Return Snapshot: Desco Infra. has the highest 1-year return at N/A, while Bharat Road has the lowest at -62.24%. Bharat Road's 1-year return is significantly worse than its peers. Additionally, the six-month return is negative for Bharat Road, Sadbhav Infra., Tarmat, and BCPL Railway.

Who are in the management team of Bharat Road?

As of March 2022, the management team of Bharat Road includes Bajrangi Kumar Choudhary (Managing Director), Brahmdutt (Chairman & Independent Director), and several Independent Directors: Tuk Tuk Ghosh Kumar, Santanu Ray, and Praful Tayal, along with additional Non-Executive Directors Shree Ram Tewari and Rakesh Kumar Gupta, and Ankita as Company Secretary & Compliance Officer.

As of March 2022, the management team of Bharat Road includes the following members:<BR><BR>1. **Bajrangi Kumar Choudhary** - Managing Director<BR>2. **Brahmdutt** - Chairman & Independent Director<BR>3. **Tuk Tuk Ghosh Kumar** - Independent Director<BR>4. **Santanu Ray** - Independent Director<BR>5. **Praful Tayal** - Independent Director<BR>6. **Shree Ram Tewari** - Additional Non-Executive Director<BR>7. **Rakesh Kumar Gupta** - Additional Non-Executive Director<BR>8. **Ankita** - Company Secretary & Compliance Officer<BR><BR>Each member holds a significant role in the governance and operational oversight of the company.

What does Bharat Road do?

Bharat Road Network Ltd is a micro-cap company focused on the development and maintenance of road and highway projects in India. As of March 2025, it reported net sales of ₹473 Cr and a net loss of ₹48 Cr, with a market cap of ₹173 Cr.

Overview: <BR>Bharat Road Network Ltd is a micro-cap company in the construction industry, focused on the development, implementation, operation, and maintenance of roads and highways projects.<BR><BR>History: <BR>Incorporated in December 2006 in Kolkata, Bharat Road Network Ltd has been engaged in road BOT projects. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 473 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -48 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 173 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 1.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.64 <BR>Return on Equity: 42.97% <BR>Price to Book: 0.52 <BR><BR>Contact Details: <BR>Address: Vishwakarma Building 86 C, Topsia Road South Parganas Sou Kolkata West Bengal : 700046 <BR>Tel: 91-33-6602 3333/66023609 <BR>Email: csbrnl.in <BR>Website: http://www.brnl.in

Who are the top shareholders of the Bharat Road?

The top shareholders of Bharat Road include Srei Venture Capital Trust A/c with 32.16%, Predicate Consultant Private Limited with 11.34%, and individual investors holding 17.38%. There are also two foreign institutional investors with a minimal stake of 0.01%, and no mutual funds are currently invested in the company.

The top shareholders of Bharat Road include the promoters, who hold a significant majority of the shares. The promoter with the highest holding is Srei Venture Capital Trust A/c, which owns 32.16% of the company. Additionally, Predicate Consultant Private Limited is the highest public shareholder, holding 11.34%. Individual investors collectively hold 17.38% of the shares. It's also worth noting that there are two foreign institutional investors (FIIs) with a minimal stake of 0.01%, and there are currently no mutual funds invested in the company.

How big is Bharat Road?

As of 24th July, Bharat Road Network Ltd has a market capitalization of 182.00 Cr, with recent net sales of 458.20 Cr and a net profit of 142.12 Cr. The latest balance sheet shows shareholder's funds of 190.10 Cr and total assets of 2,689.52 Cr.

As of 24th July, Bharat Road Network Ltd has a market capitalization of 182.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Bharat Road reported Net Sales of 458.20 Cr and a Net Profit of 142.12 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 190.10 Cr and Total Assets of 2,689.52 Cr.

Are Bharat Road latest results good or bad?

Bharat Road Network's latest results show strong profit growth, with PBT up 150.73% and PAT up 165.8%, but a concerning 55.12% decline in net sales raises sustainability questions. Overall, the mixed performance has led to a 'Sell' recommendation from MarketsMOJO.

Bharat Road Network's latest results present a mixed picture. On one hand, the company has shown impressive growth in profitability, with Profit Before Tax (PBT) increasing by 150.73% to Rs 8.98 crore and Profit After Tax (PAT) rising by 165.8% to Rs 10.23 crore compared to the previous year. This indicates strong operational performance in terms of profit generation.<BR><BR>However, the sales performance is concerning. The company reported net sales of Rs 46.25 crore, which is a significant decline of 55.12% year-on-year, marking the lowest sales figure in the last five quarters. This drop in sales raises questions about the company's ability to sustain its profitability in the long term, especially since a substantial portion of the PBT (34.79%) came from non-operating income, suggesting a reliance on income sources outside of its core business activities.<BR><BR>Additionally, while the debt-equity ratio has improved to 1.31 times, indicating reduced borrowing relative to equity, the overall financial score has decreased from 14 to 12, leading to a 'Sell' recommendation from MarketsMOJO.<BR><BR>In summary, while Bharat Road Network has achieved significant growth in profits, the sharp decline in sales and reliance on non-operating income present challenges that could impact its future performance.

How has been the historical performance of Bharat Road?

Bharat Road's historical performance has shown a significant turnaround, with net sales rising from 326.34 Cr in Mar'23 to 458.21 Cr in Mar'25, and profit after tax improving from a loss of 196.75 Cr to a profit of 136.13 Cr in the same period. Total assets and liabilities decreased, while operating profit surged, indicating strong financial recovery.

Answer:<BR>The historical performance of Bharat Road shows significant fluctuations in its financial metrics over the years, culminating in a notable recovery in the latest fiscal year.<BR><BR>Breakdown:<BR>Bharat Road's net sales increased from 326.34 Cr in Mar'23 to 458.21 Cr in Mar'25, indicating a strong upward trend. Total operating income followed a similar trajectory, rising from 326.34 Cr in Mar'23 to 458.21 Cr in Mar'25. The total expenditure, excluding depreciation, decreased from 313.56 Cr in Mar'23 to 217.69 Cr in Mar'25, contributing to a substantial rise in operating profit, which soared from 12.78 Cr in Mar'23 to 240.52 Cr in Mar'25. Profit before tax also improved significantly, moving from a loss of 213.74 Cr in Mar'23 to a profit of 134.03 Cr in Mar'25. Consequently, profit after tax turned from a loss of 196.75 Cr in Mar'23 to a profit of 136.13 Cr in Mar'25. The consolidated net profit showed a similar recovery, going from a loss of 209.58 Cr in Mar'23 to a profit of 141.12 Cr in Mar'25. The company's total assets decreased from 2,826.79 Cr in Mar'22 to 1,387.41 Cr in Mar'25, while total liabilities also fell from 2,689.52 Cr in Mar'24 to 1,387.41 Cr in Mar'25. Cash flow from operating activities remained positive, although it decreased from 264.00 Cr in Mar'24 to 71.00 Cr in Mar'25. Overall, Bharat Road's financial performance has shown a significant turnaround in the latest fiscal year, marked by increased revenues and profitability.

How has been the historical performance of Bharat Road?

Bharat Road has shown significant financial recovery, with net sales increasing from 216.40 crore in March 2022 to 458.21 crore in March 2025, and a turnaround from a loss of 251.34 crore to a profit of 136.13 crore in the same period. The company also reduced its total liabilities from 3,142.24 crore to 1,387.41 crore, indicating improved profitability and operational efficiency.

Answer:<BR>The historical performance of Bharat Road shows significant fluctuations in its financial metrics over the years, with a notable recovery in recent periods.<BR><BR>Breakdown:<BR>Bharat Road's net sales have increased from 216.40 crore in March 2022 to 458.21 crore in March 2025, reflecting a strong upward trend. Total operating income followed a similar pattern, rising from 209.52 crore in March 2021 to 458.21 crore in March 2025. The company experienced a substantial improvement in operating profit, which surged from 12.78 crore in March 2023 to 240.52 crore in March 2025, indicating effective cost management and operational efficiency. Profit before tax also turned positive, reaching 134.03 crore in March 2025 after several years of losses. Consequently, profit after tax showed a remarkable turnaround, moving from a loss of 251.34 crore in March 2022 to a profit of 136.13 crore in March 2025. The company's total liabilities decreased significantly from 3,142.24 crore in March 2021 to 1,387.41 crore in March 2025, while total assets also declined from 3,323.59 crore to 1,387.41 crore during the same period. Cash flow from operating activities remained positive, although it decreased from 264 crore in March 2024 to 71 crore in March 2025, and the closing cash and cash equivalents dropped to 3 crore in March 2025 from 62 crore in March 2024. Overall, Bharat Road's financial performance indicates a recovery trajectory with improved profitability and reduced liabilities, despite challenges in cash flow management.

Should I buy, sell or hold Bharat Road Network Ltd?

Why is Bharat Road Network Ltd falling/rising?

As of 16-Mar, Bharat Road Network Ltd's stock price is at Rs 17.51, reflecting a 0.85% decline and a significant downward trend with a 6.61% loss over three days. The company faces financial challenges, including a high debt-to-equity ratio and declining sales and profits, making the stock a risky investment.

As of 16-Mar, Bharat Road Network Ltd's stock price is falling, currently at Rs 17.51, reflecting a decrease of Rs 0.15 or 0.85%. The stock has been on a downward trend, having lost 6.61% over the past three days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a consistent decline in its price performance.<BR><BR>The company's financial health is concerning, with a high debt-to-equity ratio of 3.10 times and poor long-term growth metrics. Over the last five years, net sales have decreased at an annual rate of 4.79%, and the operating profit has plummeted by 186.27%. The company has reported negative results for the last two consecutive quarters, with a significant drop in operating profit of 76.97% and net sales declining by 80.79% in the latest six months.<BR><BR>Additionally, the stock has underperformed against the benchmark indices, with a year-to-date decline of 22.52% compared to the Sensex's 11.40%. The stock's performance over the past year shows a staggering drop of 50.42%, further emphasizing its weak position in the market. Given these factors, including high debt and poor profitability, the stock is viewed as risky, contributing to its falling price.

Which are the latest news on Bharat Road?