| L-1 Bid Value | ₹89.73 CrProject Value |
|---|---|
| P/E TTM | 7.23Sector: 32.27 |
| Market Cap | ₹441.22 CrSmall Cap |
| Order from | Office of the Executive Engineer, Construction Division, PWD B&R Branch, Pathankot |
| Execution period | 24 months from date of receipt of LOI/LOA |
| Deal value | ₹89.73 Cr |
| Share of market cap | 20.3% |
| Share of annual revenue | 23.5% |
Key highlights
- Declared L-1 bidder for a ₹89.73 crore tender in joint venture with GKCPL
- Project scope includes a 44-span major bridge with a total length of 1,606 metres
- Includes construction of 4,144 metres of approach roads in Gurdaspur and Pathankot
- Executed under the Centrally Sponsored Road Infrastructure Fund (CRIF) Scheme
- Contractual execution period set for 24 months from receipt of formal award
Project Scope and Technical Details
The project involves the construction of a high-level major bridge over the River Ravi at Makoura Pattan. The structural design features 44 spans, each measuring 36.50 metres, resulting in a total bridge length of 1,606 metres. In addition to the main bridge structure, the contract includes the development of approach roads extending 4,144 metres.
This infrastructure serves as a critical link between the Gurdaspur and Pathankot districts in Punjab. The tender was awarded to the joint venture M/s BIL – GKCPL (JV) and falls under the Centrally Sponsored Road Infrastructure Fund (CRIF) Scheme, which focuses on enhancing regional connectivity.
Client and Strategic Context
- Awarding Authority: Office of the Executive Engineer, Construction Division, PWD B&R Branch, Pathankot
- Strategic Importance: The bridge replaces older connectivity solutions to provide all-weather transit across the River Ravi
- Funding Source: Centrally Sponsored Scheme via the Road Infrastructure Fund (CRIF)
- Regional Impact: Enhances logistical and commuter links between major agricultural and industrial hubs in Northern Punjab
Business Impact and Pipeline
Winning this L-1 bid reinforces Brahmaputra Infrastructure's position in technically complex civil engineering works. The project value of ₹89.73 crores contributes significantly to the company's revenue visibility, representing approximately 23.5% of its trailing twelve-month (TTM) operating revenue of ₹382.06 crores. This development follows a period of active bidding that has pushed the company's consolidated order book to approximately ₹1,600 crores as of late August 2026.
The 24-month execution timeline provides a steady revenue stream for the upcoming fiscal cycles, assuming the formal Letter of Award is issued as anticipated.
Financial Position and Market Performance
Brahmaputra Infrastructure currently operates with a TTM Price-to-Earnings (P/E) ratio of 7.23, which is notably lower than the construction sector average of 32.27. While the company has shown strong annual net profit growth of 100.81%, the market cap remains in the small-cap category at ₹441.22 crores. It is important to note that while promoter holding is high at 74.05%, approximately 100% of these shares are currently pledged.
The company continues to focus on government-backed EPC projects, maintaining a portfolio that spans bridges, highways, and specialized civil infrastructure across India.
| Share price | ₹152.05 |
|---|---|
| Market capitalisation | ₹441.22 Cr |
| Revenue (annual) | ₹365.47 Cr |
| Net profit (annual) | ₹59.58 Cr |
| Revenue (latest quarter) | ₹108.19 Cr+17.98% vs previous quarter |
| Net profit (latest quarter) | ₹16.48 Cr+11.50% vs previous quarter |
| P/E (TTM) | 7.23×Sector 32.27× |
| Promoter holding | 74.05%0.00% QoQ |
| FII holding | 0%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Brahmaputra Infrastructure Ltd announcing its declaration as the L-1 bidder for a bridge project in Punjab. Market figures from a third-party data provider.
