BSE:540700

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Executive Summary

Bharat Road Network Limited designs, develops, builds, owns, operates, and transfers road and related services in India. More Details

Risk Analysis

Does not have a meaningful market cap (₹3B)



Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Bharat Road Network's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 540700 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.2%

540700

-4.1%

IN Infrastructure

-1.3%

IN Market


1 Year Return

-55.2%

540700

-13.7%

IN Infrastructure

-2.5%

IN Market

Return vs Industry: 540700 underperformed the Indian Infrastructure industry which returned -13.7% over the past year.

Return vs Market: 540700 underperformed the Indian Market which returned -2.5% over the past year.


Shareholder returns

540700IndustryMarket
7 Day0.2%-4.1%-1.3%
30 Day-5.3%0.5%1.6%
90 Day-15.3%8.8%6.0%
1 Year-54.8%-55.2%-12.5%-13.7%-0.7%-2.5%
3 Year-83.2%-83.5%-28.9%-30.7%-4.5%-9.2%
5 Yearn/a4.9%0.03%39.6%29.1%

Price Volatility Vs. Market

How volatile is Bharat Road Network's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Bharat Road Network undervalued compared to its fair value and its price relative to the market?

0.25x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 540700 (₹29.35) is trading above our estimate of fair value (₹7.89)

Significantly Below Fair Value: 540700 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 540700 is unprofitable, so we can't compare its PE Ratio to the IN Infrastructure industry average.

PE vs Market: 540700 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 540700's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 540700's PB Ratio (0.2x) is in line with the IN Infrastructure industry average.


Next Steps

Future Growth

How is Bharat Road Network forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

38.0%

Forecasted Transportation industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bharat Road Network has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Bharat Road Network performed over the past 5 years?

10.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 540700 is currently unprofitable.

Growing Profit Margin: 540700 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 540700 is unprofitable, but has reduced losses over the past 5 years at a rate of 10.5% per year.

Accelerating Growth: Unable to compare 540700's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 540700 is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (-49.9%).


Return on Equity

High ROE: 540700 has a negative Return on Equity (-6.71%), as it is currently unprofitable.


Next Steps

Financial Health

How is Bharat Road Network's financial position?


Financial Position Analysis

Short Term Liabilities: 540700's short term assets (₹7.1B) exceed its short term liabilities (₹6.1B).

Long Term Liabilities: 540700's short term assets (₹7.1B) do not cover its long term liabilities (₹16.0B).


Debt to Equity History and Analysis

Debt Level: 540700's debt to equity ratio (154.4%) is considered high.

Reducing Debt: 540700 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 540700 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 540700 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42% per year.


Next Steps

Dividend

What is Bharat Road Network current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 540700's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 540700's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 540700's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 540700's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 540700 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 540700's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.9yrs

Average management tenure


CEO

Bajrang Choudhary (52 yo)

3.92yrs

Tenure

₹14,083,746

Compensation

Mr. Bajrang Kumar Choudhary has been the Managing Director at Bharat Road Network Limited since November 1, 2016. Mr. Choudhary served as the Chief Executive Officer of Infrastructure Project Development a ...


CEO Compensation Analysis

Compensation vs Market: Bajrang's total compensation ($USD189.25K) is above average for companies of similar size in the Indian market ($USD54.49K).

Compensation vs Earnings: Bajrang's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Bajrang Choudhary
MD & Director3.92yrs₹14.08m0.011%
₹ 287.6k
Arindam Bhowmick
Chief Financial Officer0.25yrno datano data
Naresh Mathur
Compliance Officer & Company Secretary2.83yrs₹2.48mno data
Arunava Sengupta
Chief Operating Officerno datano datano data
Rajesh Sirohia
Head of Corporate Strategy & Investments3.92yrsno datano data
Partha Chaudhary
Head of Technical3.92yrsno datano data
Shailendra Singh
General Manager of Administration4.33yrsno datano data
Nikhil Jain
Associate Vice Presidentno datano datano data
Rahul Dhandhania
Vice President3.92yrsno datano data

3.9yrs

Average Tenure

50yo

Average Age

Experienced Management: 540700's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bajrang Choudhary
MD & Director3.92yrs₹14.08m0.011%
₹ 287.6k
Santanu Ray
Independent Director1.25yrs₹195.00kno data
Tuk Ghosh Kumar
Independent Director4yrs₹495.00kno data
Brahm Dutt
Independent Chairman0.42yrno datano data
Praful Tayal
Additional Independent Director0.42yrno datano data
Vipin Saxena
Additional Independent Director0.083yrno datano data

0.8yrs

Average Tenure

66.5yo

Average Age

Experienced Board: 540700's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bharat Road Network Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bharat Road Network Limited
  • Ticker: 540700
  • Exchange: BSE
  • Founded: 2006
  • Industry: Highways and Railtracks
  • Sector: Transportation
  • Market Cap: ₹2.519b
  • Shares outstanding: 83.95m
  • Website: https://www.brnl.in

Number of Employees


Location

  • Bharat Road Network Limited
  • Plot No. X1 2 & 3
  • Ground Floor
  • Kolkata
  • West Bengal
  • 700 09
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BRNLNSEI (National Stock Exchange of India)YesEquity SharesININRSep 2017
540700BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 2017

Biography

Bharat Road Network Limited designs, develops, builds, owns, operates, and transfers road and related services in India. It offers financial and concession management services; tolling operations and highw ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 12:52
End of Day Share Price2020/10/30 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.