Valuation: Bharat Road Network Limited

Market Cap 1.42B 14.77M 12.97M 12.06M 11.07M 20.8M 21.12M 143M 55.96M 699M 55.44M 54.24M 2.42B P/E 2024
-4.18x
P/E 2025 1.72x
Enterprise Value 4.83B 50.18M 44.07M 40.99M 37.61M 70.67M 71.76M 487M 190M 2.38B 188M 184M 8.21B EV / Sales 2024
4.34x
EV / Sales 2025 2.13x
Free-Float
21.46%
Yield 2024 *
-
Yield 2025 -
05-30 Bharat Road Network Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026 CI
05-01 Bharat road network appoints Amitabh Kumar Jha as managing director RE
04-18 Bharat Road Network Limited Announces the Demise of Santanu Ray, Chairman of the Board and Independent Director and Chairman of the Audit Committee and Member of the Nomination and Remuneration Committee on April 18, 2026 CI
02-13 Bharat Road Network Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2025 CI
12-15 Bharat Road Network promoter to sell 19.81% of co's equity shares RE
12-15 Jemtec Engineering Private Limited entered into a Framework Agreement to acquire 19.81% stake in Bharat Road Network Limited from Srei Infrastructure Finance Limited. CI
20/10/25 Bharat Road Network says Kerala High Court revokes suspension on Paliyekkara toll fees RE
18/09/25 Bharat Road Network Limited Appoints Anirup Sen as Chief Executive Officer, with Effect from September 17, 2025 CI
18/09/25 Bharat Road Network Limited Announces Step Down of Bajrang Kumar Choudhary as Managing Director, Effective September 16, 2025 CI
12/08/25 Bharat Road Network Limited Reports Earnings Results for the First Quarter Ended June 30, 2025 CI
20/07/25 Bharat Road Network Limited Announces Resignation of Vinay Agrawal as the Senior Vice President -- Investments, Effective July 19, 2025 CI
09/07/25 Bharat Road Network Arm Receives One-Time Settlement from NHAI; Shares Up 4% MT
13/05/25 Bharat Road Network Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2025 CI
1 day+3.50%
1 week+2.03%
Current month-2.11%
1 month-2.33%
3 months-11.64%
6 months-9.06%
Current year-20.16%
1 week 17.02
Extreme 17.02
18.8
1 month 17.02
Extreme 17.02
19.8
Current year 16.66
Extreme 16.66
23.4
1 year 16.66
Extreme 16.66
26.5
3 years 16.66
Extreme 16.66
98.5
5 years 16.66
Extreme 16.66
98.5
10 years 16.66
Extreme 16.66
218.9
Manager TitleAgeSince
Chief Executive Officer - 17/09/2025
Director of Finance/CFO - 24/12/2024
Compliance Officer - -
Director TitleAgeSince
Director/Board Member 56 01/03/2011
Director/Board Member - -
Director/Board Member 68 07/06/2024
Change 5-day change 1-year change 3-year change Capi.($)
+3.50%+2.03%-14.49%-40.98% 15.74M
-4.28%-0.43%+53.69%+207.07% 93.91B
+0.30%+0.34%-4.32%+9.91% 71.19B
-0.22%-0.78%+8.83%+45.29% 54.07B
+0.32%-0.11%+21.86%+84.62% 45.7B
-0.13%-1.80%+130.26%+458.20% 38.33B
0.00%-2.55%+87.57%+276.68% 34.63B
-3.15%+0.09%+28.69%+291.06% 33.1B
0.00%+3.75%-20.20%-15.47% 28.68B
-0.61%-0.50%+23.64%+48.98% 20.93B
Average -0.43%-0.15%+31.55%+136.54% 42.06B
Weighted average by Cap. -1.19%-0.47%+35.90%+151.77%

Financials

2024 2025
Net sales 3.8B 39.43M 34.63M 32.21M 29.55M 55.53M 56.39M 382M 149M 1.87B 148M 145M 6.45B 2.74B 28.48M 25.02M 23.26M 21.35M 40.11M 40.73M 276M 108M 1.35B 107M 105M 4.66B
Net income -1.12B -11.63M -10.21M -9.5M -8.72M -16.38M -16.63M -113M -44.07M -551M -43.66M -42.72M -1.9B 1.41B 14.65M 12.87M 11.97M 10.98M 20.64M 20.95M 142M 55.53M 694M 55.01M 53.82M 2.4B
Net Debt 11.81B 123M 108M 100M 91.95M 173M 175M 1.19B 465M 5.81B 461M 451M 20.08B 3.41B 35.41M 31.1M 28.93M 26.54M 49.87M 50.64M 343M 134M 1.68B 133M 130M 5.8B
Logo Bharat Road Network Limited
Bharat Road Network Limited is an India-based road build-operate-transfer (BOT) company. It is engaged in a single business segment of purchasing, owning, building, developing, designing, operating, transferring roads and related services. It is focused on development, implementation, operation and maintenance of national and state highways across various states in India, including Uttar Pradesh, Kerala, Haryana, Madhya Pradesh, Maharashtra, and Odisha. Its business operation is categorized into project development and implementation, tolling operations and highway management, and advisory services and project management services. Its advisory services and project management services include construction supervision/debt syndication for the Company's projects. It is managing a project portfolio of six operational BOT projects covering approximately 2,095 lane kilo meters (kms), including major and minor bridges.
Employees
36
Date Price Change Volume
24/07/26 ₹18.06 +3.50% 30,941
23/07/26 ₹17.45 +0.40% 22,205
22/07/26 ₹17.38 -0.63% 19,655
21/07/26 ₹17.49 -0.11% 25,285
20/07/26 ₹17.51 -1.07% 29,957
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