Bharat Road Network

Small Cap 5.5k Result

₹41.9

2.85 (7.3%)

As on 22 September, 2023 | 23:59 BSE: 540700 NSE: BRNLISIN: INE727S01012

Bharat Road Network Performance

Day Range

Low 39.2
High 43

41.9

52 Week Range

Low 23
High 47.35

41.9

Open Price39.55
Previous Close39.05
Volume314519

Start SIP in Bharat Road Network

Start SIP

Bharat Road Network Share Price

Over 1 Month 29.72%
Over 3 Month 32.59%
Over 6 Month 47.02%
Over 1 Year 10.99%

Bharat Road Network Key Statistics

P/E Ratio	-1.6
PEG Ratio	-0
Market Cap Cr	352
Price to Book Ratio	0.9
EPS	-6.3
Dividend	0
Relative Strength Index	62.04
Money Flow Index	73.56
MACD Signal	2.13
Average True Range	2.45

Bharat Road Network Investment Rating

Master Rating:
Bharat Road Network has an operating revenue of Rs. 356.73 Cr. on a trailing 12-month basis. An annual revenue growth of 54% is outstanding, Pre-tax margin of -65% needs improvement, ROE of -69% is poor and needs improvement. The company has a high debt to equity of 410%, which can be a reason to worry. The stock from a technical standpoint is comfortably placed above its key moving averages, around 14% and 18% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 12% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 15 which is a POOR score indicating inconsistency in earnings, a RS Rating of 57 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 51 indicates it belongs to a fair industry group of Bldg-Heavy Construction and a Master Score of D is close to being the worst. Institutional holding has remained stable in the last reported quarter. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Bharat Road Network Financials

Standalone Consolidated

Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios
Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios

Indicator	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	2	2	3	18	4	12
Operating Expenses Qtr Cr	3	27	23	14	4	23
Operating Profit Qtr Cr	-1	-25	-20	4	0	-11
Depreciation Qtr Cr	0	0	0	0	0	0
Interest Qtr Cr	8	8	8	8	8	7
Tax Qtr Cr	-2	-5	-9	0	-3	-12
Net Profit Qtr Cr	-6	-27	-25	0	-28	-302

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	29	96
Operating Expenses Annual Cr	67	114
Operating Profit Annual in Cr	-41	-23
Depreciation Cr	0	0
Interest Annual Cr	31	27
Tax Annual Cr	-17	-19
Net Profit Annual Cr	-80	-322

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr		50
Cash from Investing Activity Annual Cr		-9
Cash from Financing Annual Activity Cr		-42
Net Cash Flow Annual Cr		-1

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	743	823
Fixed Assets Annual Cr	0	0
Total Non Current Assets Annual Cr	778	912
Total Current Assets Annual Cr	366	344
Total Assets Annual Cr	1,144	1,256

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	88	98
ROE Annual %	-11	-39
ROCE Annual %	-4	-2
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	-144	-20

Indicator	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	99	94	97	67	68	44
Operating Expenses Qtr Cr	47	109	167	23	14	17
Operating Profit Qtr Cr	52	-15	-70	44	54	27
Depreciation Qtr Cr	16	15	15	13	13	13
Interest Qtr Cr	47	46	46	45	46	45
Tax Qtr Cr	-2	-5	-9	0	-3	-12
Net Profit Qtr Cr	-12	-60	-133	-13	-3	-300

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	350	227
Operating Expenses Annual Cr	314	129
Operating Profit Annual in Cr	13	88
Depreciation Cr	57	43
Interest Annual Cr	184	182
Tax Annual Cr	-17	-19
Net Profit Annual Cr	-210	-376

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr		22
Cash from Investing Activity Annual Cr		196
Cash from Financing Annual Activity Cr		-233
Net Cash Flow Annual Cr		-15

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	302	509
Fixed Assets Annual Cr	1,750	1,722
Total Non Current Assets Annual Cr	2,135	2,293
Total Current Assets Annual Cr	572	553
Total Assets Annual Cr	2,706	2,846

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	48	72
ROE Annual %	-69	-74
ROCE Annual %	-1	2
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	11	45

Bharat Road Network Technicals

EMA & SMA

Current Price

₹41.9

2.85 (7.3%)

Bullish Moving Average
___
16

Bearish Moving Average
___
0

EMA SMA

20 Day
₹38.83

50 Day
₹35.77

100 Day
₹33.93

200 Day
₹33.23

20 Day
₹38.75

50 Day
₹34.33

100 Day
₹32.73

200 Day
₹33.1

Bharat Road Network Resistance and Support

PIVOT

₹41.37

Resistance
First Resistance	₹43.54
Second Resistance	₹45.17
Third Resistance	₹47.34

RSI	62.04
MFI	73.56
MACD Single Line	2.13
MACD	2.04

Support
First Resistance	₹39.74
Second Resistance	₹37.57
Third Resistance	₹35.94

Bharat Road Network Delivery and Volume

Period	NSE + BSE Volume Avg	NSE + BSE Delivery Volume Avg	NSE + BSE Delivery Volume %
Day	366,416	19,145,236	52.25
Week	171,523	9,944,875	57.98
1 Month	451,508	21,965,846	48.65
6 Month	138,834	7,379,040	53.15

Bharat Road Network Result Highlights

Bharat Road Network Synopsis

NSE-Bldg-Heavy Construction

Bharat Road Network is involved in the business activities of Management consultancy activities. Company’s Total Operating Revenue is Rs. 26.74 Cr. and Equity Capital is Rs. 83.95 Cr. for the Year ended 31/03/2023. Bharat Road Network Ltd. is a Public Limited Listed company incorporated on 02/08/2007 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L45203WB2006PLC112235 and registration number is 112235.

Market Cap	353
Sales	25
Shares in Float	3.86
No of funds	2
Yield

Book Value	0.44
U/D Vol ratio	3
LTDebt / Equity	26
Alpha	-0.01
Beta	2.18