B.r.goyal Infrastructure Limited · BSE:BRGIL
B.r.goyal Infrastructure — H1 FY27 Earnings Presentation
35 slides from B.r.goyal Infrastructure's earnings presentation, Nov 5, 2026
Slide 1: BSE filing cover letter for Investor Presentation
B.R.Goyal Infrastructure Limited CIN: L04520MP2005PLC017479 Date: 05 November 2026 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 H1FY27
B.R GOYAL INFRASTRUCTRE LIMITED INVESTOR PRESENTATION H1FY27
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 BUSINESS ORDER BOOK 01 OVERVIEW 02 REVIEW 03 HIGHLIGHTS 04 INDUSTRY OVERVIEW 05 REVENUE MIX 06 FINANCIALS 07 WAY FORWARD Sep26
Slide 5: Company Overview
Company Overview Sep-26
Slide 6: Company Overview
Company Overview Nature of Business Execution Track Record Infrastructure development with expertise in : • EPC Contracts (Roads, highways, bridges, buildings, Water Infrastructure) 40+ 34 Completed Ongoing Project Founded • Asset Lite Toll Collection Model projects across 10 states • RMC Manufactur
Slide 7: Business Overview
Business Overview Sep-26
Slide 8: Timeline
Timeline Conversion into Public Limited from Pvt. Ltd.; Moved out of MP, Expanded in nearby state MH, Gujrat; Increase in the Ticket Size 1986 Incorporation of Partnership Firm 2018 of the Projects; Working Started with the central Govt Agencies like, MORTH, Incorporation through conversion of Partn
Slide 9: Business Verticals
Business Verticals B R Goyal Infrastructure Ltd. EPC CONTRACTS TOLL COLLECTION REALTY RESIDENTIAL WATER MANAGEMENT & PLOTTING PROJECTS TREATMENT • Roads & Highways • NHAI and Reputed • First ever pvt Industrial • Forayed into water • Bridges & Building Infra State Govt Agency Park launched at Indore
Slide 10: Revenue Mix
Revenue Mix Mar-26
Slide 11: Financial Highlights
Financial Highlights ROBUST 3-YEAR CONSISTENT CAGR in Revenue IMPROVEMENT 17.0 % in profit margins and capital efficiency Particulars (Rs. in Crore) H1 FY27 FY26 FY25 FY24 FY23 % wherever applicable Revenue 531.38 824.59 515.09 596.19 353.30 EBITDA 35.06 74.93 46.48 39.89 33.78 EBIT 31.33 66.22 41.0
Slide 12: Geographic Presence
Geographic Presence Rajasthan Uttar Pradesh Madhya Pradesh Manipur Gujarat Mizoram Maharashtra Chhattisgarh Telangana Tamil Nadu Andhra Pradesh Sept-26
Slide 13: EPC
EPC ROADS, HIGHWAYS, BRIDGES, BUILDING and WATER INFRASTRUCTURE Presence in both urban and remote terrain End-to-end execution Design > Procurement > Construction Clients includes Offers Design, engineering, procurement, construction, BRG specializes in constructing civil infrastructure, execution a
Slide 14: Toll Collection Contracts (TCC)
Toll Collection Contracts (TCC) BRG Infra currently operates High-RoCE Located in Close to 10 TOLL COLLECTION Recurring income model Madhya Pradesh, Gujrat,, 800+ TOTAL CONTRACTS from Chhattisgarh, Maharashtra, PERSONNEL EMPLOYED NHAI & UPEIDA. Rajasthan, Uttar Pradesh, in this vertical Telangana, a
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 Production used in Outside Sale / Indore FY23 Captive Consumption 63.00% • Manufacturing operations are supported by computer controlled operations FY24 60.00% and advanced equipment methods FY25 64.00% • Capacity: 1.80 lakh m³/year; FY26 66.00% • With a
Slide 17: Order Book Highlights
Order Book Highlights Mar-26
Slide 18: Order Book Growth Contracts
Order Book Growth 36 Contracts EPC – Road Rs. 589 Cr Current Order Book (as of Sep 30th, 2026) EPC – Building Rs. 72 Cr ₹ 1,755 Cr >>> EPC – Waste Water Treatment Rs. 132 Cr 42% growth TCC – Toll Collection Contract Rs. 962 Cr from ₹1,235 Cr in Mar 2026 Sept-26
Slide 19: Projects in Progress
PROJECTS IN PROGRESS (Rs. in Crore) EPC EPC EPC TCC Particular Waste Total Road Building Toll Infrastructure A. Value of Work Orders Received 1,637.40 206.20 167.23 1376.70 3,387.53 B. Work Executed/abandond till 30.09.2026 1,048.37 134.20 35.20 414.70 1,632.47 C. (A-B) = 589.03 72.00 132.03 962.00
Slide 20: Assets & Workforce
Assets & Workforce MACHINERY & VEHICLES EMPLOYEE STRENGTH 230+ Equipment's (excavators, pavers, millers, trucks, etc) 1,400+ Strategic control of execution = Better margins + faster delivery KEY CLIENTS NHAI, NHIDCL, MoRTH, PWD, Leading private infrastructure 34 Government + 2 Private projects IMC,
Slide 21: Strengths
Strengths Proven track record with Large order pipeline with over ₹ 1,755 Cr over 50 infra projects* orders in hand & a huge bidding pipeline along with Diversified risk across infra types and regions Strong order book with high revenue visibility BRG's growth stems from strategic project selection,
Slide 22: Opportunities
Opportunities Government push for Urbanization and smart city push infra via NIP, Gati Shakti Toll, HAM and TOT model projects Scaling RMC and residential expansion via bidding for big ticket projects Plotting business Indian infrastructure development Government incentives for private is expected t
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 21 years of Work Experience 34 Years of Experience 34 Years of Experience Mr. Yash Goyal Mr. Uppal Goyal Executive Director Executive Director 10 Ye
Slide 24: Industry Overview
Industry Overview
Slide 25: Industry Highlights
Industry Highlights INDIA'S INFRASTRUCTURE GROWTH ROAD SECTOR BOOMING LOGISTICS & CONNECTIVITY PUSH LANDSCAPE • Government Infrastructure Capex • National Highway Network expanded from • 35 Multimodal Logistics Parks (MMLPs) Budgeted at ₹12.2 lakh crore in FY27 91,287 km (FY14) to 1,46,204 km (FY25)
Slide 26: Multi-Sectoral Infra Momentum
Multi-Sectoral Infra Momentum RAILWAYS AVIATION PORTS & SHIPPING URBAN INFRA & HOUSING Indian Railways continues India is the world’s third- Major ports handled a Urban infrastructure to strengthen its largest domestic aviation record 915 million tonnes continues to see strong infrastructure network
Slide 27: Financials
Financials
Slide 28: Half Yearly Income Statement
Half Yearly Income Statement PARTICULARS (Rs. Cr.) H1 FY27 H1 FY26 YoY H2 FY26 Operational Revenue 549.71 342.13 60.67% 478.19 Other Income 1.67 1.54 2.72 Total Income 551.38 343.68 60.43% 480.91 Cost of Materials Consumed 79.94 43.79 52.98 Changes in inventories of finished goods work-in-progress &
Slide 29: Annual Income Statement
Annual Income Statement PARTICULARS (Rs. Cr.) FY26 FY25 YoY Operational Revenue 820.32 509.80 60.91% Other Income 4.27 5.29 Total Income 824.59 515.09 60.09% Cost of Materials Consumed 96.78 100.25 Changes in inventories of finished goods work-in-progress & (47.98) (38.57) stock in trade Employee co
Slide 30: Balance Sheet
Balance Sheet As on As on Particulars (Rs. Cr.) As on March September Particulars (Rs. Cr.) As on March 31, September 31, 2026 30, 2026 2026 30, 2026 Shareholders Funds (a) 274.02 298.82 Non Current Assets (a) 151.39 163.15 Equity Share Capital 23.82 23.82 Property Plant & Equipment 99.12 101.1 Othe
Slide 31: Cash Flow
Cash Flow PARTICULARS (Rs. Cr) H1 FY27 FY26 FY25 FY24 FY23 Cash Flow from Operations 22.26 1.94 (36.43) 11.94 22.73 Cash Flow from Investments (21.60) (35.21) (18.70) (13.02) 1.58 Cash Flow from Financing 2.37 (2.25) 91.51 1.34 (18.56) Total 3.03 (35.52) 36.38 0.26 5.75 Sept-26
Slide 32: Balance Sheet Ratios
Balance Sheet Ratios ROE ROCE 23.07% 18.00% 20.00% 16.29% 16.71% 15.00% FY25 FY26 H1 FY27 FY25 FY26 H1 FY27 ROE ROCE Debt to Equity Debt Service Coverage Ratio 0.31 4.55 0.28 0.27 2.31 1.46 FY25 FY26 H1 FY27 FY25 FY26 H1 FY27 Debt to Equity Debt Service Coverage Ratio Sept-26
Slide 33: Way Forward
Way Forward
Slide 34: Way Ahead
Way Ahead Leveraging AI and Technology: Approach to the BRG adopt AI-driven solutions new geographical Scalability in the Targeting Large- to enhance operational Maintaining a efficiency, project monitoring areas: existing portfolios: Scale PPP Projects: Elevating Brand BRG aims to expand its Strong
Slide 35: Thank You
Thank You Smit Patel B.R.Goyal Infrastructure Ltd. smith.patel@adfactorspr.com Dasharath Tomar dasharath@brginfra.com Tejaswee Gaonkar tejaswee.gaonkar@adfactorspr.com Mar-26
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