| Market Cap | ₹516.53 CrCement & Construction |
|---|---|
| PE TTM | 7.77Sector PE: 32.4 |
| Order from | Executive Engineer, Construction Division, PWD (B&R) Branch, Pathankot, Government of Punjab (CRIF Scheme) |
| Execution period | 24 months from date of commencement / appointed date |
| Deal value | ₹89.73 Cr |
| Share of market cap | 17.4% |
| Share of annual revenue | 21.9% |
Key highlights
- Contract value of ₹89.73 crore awarded to the BIL-Gaaneshkartikey Pvt. Ltd. (JV)
- Scope includes a 1,606-meter bridge with 4,144 meters of approach roads
- Execution timeline set at 24 months from the commencement date
- Project awarded by the Executive Engineer, Construction Division, PWD (B&R) Branch, Pathankot
- Project falls under the Central Road and Infrastructure Fund (CRIF) Scheme
Punjab PWD Awards High-Level River Ravi Bridge Project
Brahmaputra Infrastructure Ltd. (BIL) – Gaaneshkartikey Pvt. Ltd.
(JV) has officially received a Letter of Acceptance for the construction of a high-level major bridge over the River Ravi at Makoura Pattan. The project is situated across the Gurdaspur and Pathankot districts in Punjab. Specifically, the contract entails the construction of 44 spans of 36.50 meters each, resulting in a total bridge length of 1,606 meters.
Additionally, the mandate includes the development of approach roads spanning 4,144 meters. This infrastructure project is being executed under the Central Road and Infrastructure Fund (CRIF) Scheme, highlighting its importance to regional connectivity.
Strategic Financial Impact and Order Book Momentum
- The ₹89.73 crore order represents approximately 21.9% of the company's TTM revenue of ₹409.99 crore.
- As of September 30, 2026, the company's total order book stood at ₹2,064.47 crore.
- Management has previously guided for an order book scale of ₹2,500 crore by the end of FY27.
- Approximately ₹900 crore of the current order book is identified as executable over the next 18 months.
- The company aims to maintain a minimum EBITDA margin floor of 22% or higher for its ongoing projects.
Recent Contract Wins and Project Diversification
This latest win in Punjab follows a series of successful bids for the company across various segments. In September 2026, Brahmaputra Infrastructure signed a ₹46.63 crore contract with Northeast Frontier Railway for a road over bridge. Earlier, in August 2026, it was declared the L-1 bidder for a ₹78.09 crore project involving road structures and an access tunnel for the Turga Pumped Storage Project in West Bengal.
The company's portfolio expansion also includes healthcare infrastructure repair work in Assam worth ₹11.59 crore and maintenance contracts in Mizoram, showcasing a diversified geographical presence in the Indian infrastructure sector.
| Date | Announcement | Amount |
|---|---|---|
| 09 Oct 2026 | Receipt of Letter of Acceptance via BIL-GKCPL JV for high-level bridge over River Ravi at Makoura Pattan in Punjab from Punjab PWD (B&R)Source: BSE filing | ₹89.73 Cr |
| 11 Sep 2026 | Signing of contract agreement with Northeast Frontier Railway for Road Over Bridge constructionSource: BSE filing | ₹46.63 Cr |
| 28 Aug 2026 | Receipt of Letter of Acceptance from AHIDMS (Govt. of Assam) for repair and renovation of healthcare facilities under ASSIST projectSource: business-standard.com | ₹11.59 Cr |
| 20 Aug 2026 | Declared L-1 bidder for project road, structures, access tunnel, and powerhouse adit for Turga Pumped Storage Project from WBSEDCLSource: BSE filing | ₹78.09 Cr |
| 22 Jun 2026 | Declared L-1 bidder for 5-year Performance-Based Maintenance Contract on NH-502A in Mizoram from MoRTHSource: tradebrains.in | ₹70.18 Cr |
What to watch next
- Q2 and H1 FY27 earnings conference call scheduled for November 5, 2026
- Formal signing of the contract agreement for the River Ravi bridge following the LOA receipt
- Submission of Performance Security worth ₹2.69 crore within 30 days of LOA receipt
- Project commencement date and milestone updates for the 24-month construction window
| Share price | ₹178 |
|---|---|
| Market capitalisation | ₹516.53 Cr |
| Revenue (annual) | ₹365.47 Cr |
| Net profit (annual) | ₹59.58 Cr |
| Revenue (latest quarter) | ₹118.12 Cr+9.18% vs previous quarter |
| Net profit (latest quarter) | ₹20.11 Cr+22.03% vs previous quarter |
| P/E (TTM) | 7.77×Sector 32.4× |
| 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 the receipt of a Letter of Acceptance for a major bridge project in Punjab. Market figures from a third-party data provider.
