Indian road Build-Operate-Transfer (BOT) company that bids for and executes NHAI highway concessions through project-specific SPVs, providing them project management, O&M and toll-management services.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 |
| Reserves | 1.1k | 1.1k | 739 | 659 | 637 | 329 | 329 | 332 |
| Borrowings | 143 | 325 | 310 | 307 | 264 | 264 | 434 | 264 |
| Other Liabilities | 132 | 34 | 123 | 94 | 125 | 134 | 759 | 53 |
| Total Liabilities | 1.5k | 1.5k | 1.3k | 1.1k | 1.1k | 810 | 1.6k | 733 |
| AssetsFixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 553 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1.1k | 1.1k | 892 | 761 | 696 | 414 | 106 | 392 |
| Other Assets | 306 | 419 | 364 | 382 | 413 | 396 | 947 | 341 |
| Total Assets | 1.5k | 1.5k | 1.3k | 1.1k | 1.1k | 810 | 1.6k | 733 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -25 | -67 | -102 | 50 | -53 | -1 | -4 | -17 |
| Cash from Investing | 76 | 51 | -57 | -9 | 87 | 45 | 3 | 98 |
| Cash from Financing | -54 | 16 | 161 | -42 | -34 | -44 | 0 | -80 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -25 | -68 | -103 | 50 | -53 | -1 | -4 | -17 |
| FCF Margin | — | — | — | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
BRNL · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.