B.r.goyal Infrastructure Limited · BSE:BRGIL
B.r.goyal Infrastructure — H1 FY26 Earnings Presentation
34 slides from B.r.goyal Infrastructure's earnings presentation, Nov 13, 2025
Slide 1: B.R.Goyal Infrastructure Limited - Regulation 30 Intimation
B.R.Goyal Infrastructure Limited CIN: L04520MP2005PLC017479 Date: 13 November 2025 To Corporate Relations Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 544335 | Scrip Symbol: BRGIL | ISIN: INE00ST01011 Subject: Investor Presentation Reference: Intimatio
Slide 2: Investor Presentation – November 2025
INVESTOR PRESENTATION – NOVEMBER 2025
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by BRG Infra Limited, solely to provide information about the Company to its stakeholders. No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such
Slide 4: Index
INDEX COMPANY OVERVIEW ORDER BOOK HIGHLIGHTS INDUSTRY OVERVIEW WAY FORWARD BUSINESS REVIEW REVENUE MIX FINANCIALS
Slide 5: Company Overview
Company Overview
Slide 6: Company Overview
Company Overview Nature of Business Execution Track Record Infrastructure development with expertise in Founded • EPC Contracts (Roads, highways, bridges, buildings, Waste Water Treatment) 30 Completed projects 2005 • • • Toll Collection Contracts (TCC) RMC Manufacturing Residential Plotting Project
Slide 7: Business Overview
Business Overview
Slide 8: Timeline
Timeline Incorporation through conversion of Partnership Firm into Pvt. Ltd. Company; Working in the vicinity Moved out of Indore within Launched Indore’s First of Indore. ; Sector – Road, MP; Sector – Diversified in Private Industrial Park, Incorporation of Building Client - Local Municipal Worked
Slide 9: Business Verticals
Business Verticals B R Goyal Infrastructure Ltd. REALTY RESIDENTIAL WATER MANAGEMENT & EPC CONTRACTS TOLL COLLECTION PLOTTING PROJECTS TREATMENT • Roads & Highways • NHAI Contracts • BRG Hill View II & BRG Hill View • Forayed into water treatment • Bridges & Building Infra • High Value Order leading
Slide 10: Revenue Mix
Revenue Mix
Slide 11: Financial Highlights
Financial Highlights ROBUST 3-YEAR CONSISTENT CAGR in Revenue IMPROVEMENT 21.3% in profit margins and capital efficiency Particulars (Rs. in Crore) H1FY26 FY25 FY24 FY23 FY22 % wherever applicable Revenue 342.13 515.09 596.19 353.30 228.63 EBITDA 27.47 46.48 39.89 33.78 22.65 EBIT 23.70 41.09 35.15
Slide 12: Geographic Presence
Geographic Presence Haryana Madhya Pradesh, and Uttar Pradesh Chhattisgarh Manipur Gujarat Mizoram Maharashtra Odisha Tamil Nadu
Slide 13: EPC
EPC ROADS, HIGHWAYS, BRIDGES, BUILDING and WASTE WATER TREATMENT INFRASTRUCTURE Presence in both urban and remote terrain End-to-end execution Design Procurement Construction Clients includes Offers Design, engineering, procurement, construction, execution and BRG specializes in constructing civil i
Slide 14: Toll Collection Contracts (TCC)
Toll Collection Contracts (TCC) BRG Infra currently operates HIGH-ROCE Located in Close to 12 TOLL COLLECTION CONTRACTS Recurring income model MP, MH, UP, HARYANA, GUJARAT, 600+ TOTAL PERSONNEL EMPLOYED from NHAI CHHATISGARH, AND ODISHA. in this vertical FY25 Revenue Contribution FY25 ROCE Rs. 135 C
Slide 15: Residential Projects
Residential Projects Residential Plotting Projects BRG is operating across 2 projects BRG Hill View I & II in Indore with a Focus on mid-income segment, future cash flow unlock potential. The plots are available in various sizes to meet different residential needs. • Developed around 2.40 Lakhs sq f
Slide 16: Ready Mix Concrete
Ready Mix Concrete RMC Manufacturing Plant at Indore • Manufacturing operations are supported by computer controlled operations and advanced equipment methods • Capacity: 1.80 lakh m³/year; • With a 65% utilization in FY25, there is a headroom for further utilization and incremental revenues. Outsid
Slide 17: Order Book Highlights
Order Book Highlights
Slide 18: Order Book Growth
Order Book Growth Current Order Book 40 Contracts ₹ (as of September 30 , 2025) th EPC – Road – Rs. 998 Cr 1,535 ↑ 73% growth Cr EPC – Building – Rs. 100 Cr EPC – Waste Water Treatment – Rs. 162 Cr TCC – Toll Collection Contract – Rs. 275 Cr from ₹887Cr in Sep 2024
Slide 19: Projects in Progress
PROJECTS IN PROGRESS (Rs. in Crore) EPC EPC EPC TCC Particular Waste Water Total Road Building Toll Treatment A. Value of Work Orders Received 1,906.00 207.00 167.23 502.59 2,782.82 B. Work Executed till 30.09.2025 908.44 106.94 5.25 227.59 1,248.22 C. (A-B) = As on 30.09.25, Remaining works to be 9
Slide 20: Assets & Workforce
Assets & Workforce MACHINERY & VEHICLES EMPLOYEE STRENGTH 220+ units (excavators, pavers, millers, trucks, etc) 1,100+ Strategic control of execution = Better margins + faster delivery KEY CLIENTS NHAI, NHIDCL, MoRTH, PWD, Leading private infrastructure 39 Government + 1 Private projects IMC, IDA, M
Slide 21: Strengths
Strengths • Proven track record with over 50 infra projects* • Strong order book with high revenue visibility • Diversified income from toll, real estate, EPC • Strong promoter experience (30+ yrs) and Committed leadership and governance with a high- performance execution team • Robust balance sheet
Slide 22: Opportunities
Opportunities • Government push for infra via NIP, Gati Shakti • Urbanization and smart city push • Toll, HAM and TOT model projects expansion via bidding for big ticket projects • Scaling RMC and residential Plotting business • Indian infrastructure development is expected to continue robustly. • G
Slide 23: Management Details
Management Details Mr. Brij Kishore Goyal Mr. Rajendra Kumar Goyal Mr. Gopal Goyal Chairman & Managing Director Whole-Time Director Whole-Time Director 19 years of Work Experience 32 Years of Experience 32 Years of Experience Mr. Yash Goyal Mr. Uppal Goyal Executive Director Executive Director 8 Yea
Slide 24: Industry Overview
Industry Overview
Slide 25: Industry Highlights
Industry Highlights INDIA'S INFRASTRUCTURE GROWTH LOGISTICS & CONNECTIVITY PUSH ROAD SECTOR BOOMING LANDSCAPE • National Highway network expanded • Unprecedented Infrastructure Investment • PM Gati Shakti enables data-driven, • from 65,569 km (2004) to 1,46,145 km (2024) integrated project execution
Slide 26: Multi-Sectoral Infra Momentum
Multi-Sectoral Infra Momentum RAILWAYS AVIATION PORTS & SHIPPING URBAN INFRA & HOUSING Record 3 crore passengers Operational airports Cargo handling capacity up 88.32 lakh houses built carried in a single day increased from 74 (2014) 87% (from 800.5 MTPA in under PMAY-U (11x jump (Nov 4, 2024) to 15
Slide 27: Financials
'< BRG Financials
Slide 28: Half Yearly Income Statement
Half Yearly Income Statement PARTICULARS (Rs. Cr.) H1 FY26 H1 FY25 YoY H2 FY25 Operational Revenue 342.13 212.86 60.73% 296.94 Other Income 1.54 2.06 3.23 Total Income 343.68 214.92 59.91% 300.17 Cost of Materials Consumed 43.79 42.52 57.73 Changes in inventories of finished (48.76) (22.44) (16.13)
Slide 29: Balance Sheet
Balance Sheet As on As on Particulars (Rs. Cr.) September 30, As on March Particulars (Rs. Cr.) September 30, As on March 2025 31, 2025 2025 31, 2025 Shareholders Funds (a) 245.30 229.10 Non Current Assets (a) 149.07 117.12 Equity Share Capital 23.82 23.82 Property Plant & Equipment 80.92 71.26 Othe
Slide 30: Cash Flow
Cash Flow PARTICULARS (Rs. Cr) H1 FY26 FY25 FY24 FY23 FY22 Cash Flow from Operations (24.17) (36.43) 11.94 22.73 26.94 Cash Flow from Investments (13.16) (18.70) (13.02) 1.58 (0.38) Cash Flow from Financing 3.22 91.51 1.34 (18.56) (18.94) Total (34.11) 36.38 0.26 5.75 7.62
Slide 31: Balance Sheet Ratios
Balance Sheet Ratios ROE ROCE 24.29% 17.27% 23.40% 16.71% 23.07% 16.53% FY23 FY24 FY25 FY23 FY24 FY25 ROE ROCE Debt to Equity Debt Service Coverage Ratio 2.31 0.40 0.39 2.06 0.31 1.72 FY23 FY24 FY25 FY23 FY24 FY25 Debt to Equity Debt Service Coverage Ratio
Slide 32: Way Forward
WAY FORWARD
Slide 33: Way ahead
Way ahead Strategic Deepening Client Optimizing Project Geographic Partnerships: Execution & Bidding Growth: BRG aims to build long- Plans: BRG Infrastructure plans term relationships with BRG is upgrading execution with to thoughtfully expand government and advanced technology, beyond its current S
Slide 34: Thank you
Thank you B.R.Goyal Infrastructure Ltd. Adfactors PR Pvt. Ltd. Dasharath Tomar Bhavya Agarwal dasharath@brginfra.com bhavya.agarwal@adfactorspr.com Vaibhav Gupta vaibhav.gupta@adfactorspr.com
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