BRGIL Secures ₹86 Crore NHAI Toll Collection Contract in Rajasthan
Overview
B.R. Goyal Infrastructure Limited (BRGIL) has secured a significant ₹86.7 crore work order from the National Highways Authority of India (NHAI). The company will act as the user fee collection agency for two key toll plazas on the NH-76 Kota-Baran section in Rajasthan for one year, also responsible for maintaining adjacent facilities. This contract reinforces BRGIL's position in highway operations and management.
B.R. Goyal Infrastructure Limited (BRGIL) has been awarded a significant work order valued at ₹86,70,77,575 from the National Highways Authority of India (NHAI).
Contract Details
The domestic contract, secured through an e-tendering process, appoints BRGIL as the user fee collection agency for two crucial toll plazas on the NH-76 highway in Rajasthan. These are the Simliya Fee Plaza (km 409.680) and the Fatehpur Fee Plaza (km 461.290), situated along the Kota–Baran section. The agreement mandates the systematic collection of user fees and the upkeep of adjacent toilet blocks for a period of one year.
Company Operations
This mandate extends BRGIL's operational scope over a highway stretch from km 388.263 to km 492.322. Established in 2005, BRGIL is an integrated EPC and construction firm with diverse interests in roads, bridges, and buildings. The company currently manages 12 toll collection contracts for NHAI and has recently ventured into underground sewerage systems, wastewater treatment plants, and real estate development.
Financial Snapshot
B.R. Goyal Infrastructure Limited, with a market capitalization of ₹286 crore, boasts a Price-Earnings ratio of 9, an Return on Equity (ROE) of 14 percent, and a Return on Capital Employed (ROCE) of 18 percent. The company's stock has shown positive momentum, trading up by 26.3 percent from its 52-week low of ₹95 per share.
