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Earnings · Engineering - Construction · Micro cap

B.R. Goyal Infrastructure lifts annual profit 50% and targets new capital

Revenue climbed 62% to ₹814.5 crore as the board approved a ₹13.09 crore warrant issuance to fund operations.

2 earlier stories on BR Goyal Infrastructure Ltd.
Mkt cap₹304 cr
P/E6.78×
ROE11.00%
Debt / eq.0.31
₹13.09 cr Equity capital targeted through a new preferential warrant issuance.

What's new

  • Standalone FY26 revenue reached ₹814.5 crore, up 62% annually.
  • Net profit rose 50% to ₹28.6 crore; board recommends ₹0.25 dividend.
  • Board approved issuance of 11 lakh warrants at ₹119 each to raise ₹13.09 crore.

Why this matters

For a nano-cap infrastructure player, a 62% revenue surge shows high project activity. Raising ₹13.09 crore via equity dilution provides liquidity, representing about 4.4% of the company's ₹296 crore market cap.

What we're watching

  • Execution of the ₹700 crore borrowing limit expansion.
  • Conversion rate of the warrants over the next 18 months.
  • Maintenance of net margins as the company scales.

The full read

B.R. Goyal Infrastructure closed FY26 with ₹814.5 crore in standalone revenue, a 62% jump. Net profit rose 50% to ₹28.6 crore. The company seeks to increase its cash resources with an equity raise of ₹13.09 crore through the issuance of 11 lakh convertible warrants at ₹119 each. Given the company's ₹296 crore market cap, this 4.4% equity dilution adds liquidity to support operations. Management also moved to secure a higher debt ceiling, proposing a new borrowing limit of ₹700 crore. Shareholders receive a final dividend of ₹0.25 per share. The next test for the company is its ability to maintain these growth rates while managing the newly expanded debt and equity structure.

Questions answered

How did B.R. Goyal Infrastructure perform in FY26?
The company reported a 62% increase in revenue to ₹814.5 crore and a 50% rise in net profit to ₹28.6 crore.
What are the details of the fund-raising plan?
The board approved a preferential issue of 11 lakh convertible warrants priced at ₹119 each, aiming to raise ₹13.09 crore.
When can these warrants be converted into equity?
The warrants carry a conversion right into equity shares that remains valid for 18 months.
What is the new borrowing capacity proposed?
The company proposed increasing its borrowing limit to ₹700 crore to support its financial activities.
Is there a dividend payout for shareholders?
Yes, the board recommended a final dividend of ₹0.25 per share.
Mentioned: B.R. Goyal Infrastructure · ₹13.09 crore warrant issue · FY26
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on BRGIL →
  1. 31 May 2026 · 1:11 AM IST B.R. Goyal Infrastructure lifts annual profit 50% and targets new capital
  2. 1d ago BR Goyal bags ₹118 cr NHAI plaza order, 42% of its own market cap
  3. 1d ago BR Goyal's order book missed its own target by 38%, and margins are being cut.