Brahmaputra Infrastructure Q1 FY27 PAT Up 9.57% YoY

Consolidated Performance:

Revenue: ₹110.79 crore, up 20.24% YoY (from ₹92.14 crore) and 17.95% QoQ (from ₹93.93 crore)
EBITDA: ₹25.15 crore, up 13.08% YoY (from ₹22.24 crore) and 21.50% QoQ (from ₹20.70 crore)
PBT: ₹20.11 crore, up 15.38% YoY and 19% QoQ (from ₹16.79 crore)
PAT: ₹16.48 crore, up 9.57% YoY and 11.50% QoQ (from ₹14.78 crore)
EPS: ₹5.68, up 9.65% YoY
EBITDA Margin: 22.70% (vs 22.04% previous quarter)
PBT Margin: 18.15% (vs 17.88% previous quarter)
PAT Margin: 14.87% (vs 15.74% previous quarter)

Standalone Performance:

Consolidated Segment Revenue:

Consolidated Segment PBT:

Standalone Segment Revenue:

Secured new orders worth ₹429 crore during Q1 FY27
Recent orders include:
₹140 crore road over bridge for Northern Central Railway
₹81.98 crore staff quarters and infrastructure contract from Northeast Frontier Railway
₹70.18 crore 5-year O&M contract for NHAI corridor in Mizoram from MoRTH
₹25.78 crore short-term road maintenance contract in Assam from NHIDCL
Current order book: ₹1,600+ crore with execution timeline of 18-30 months
Target to achieve ₹2,500 crore order book by year-end

Existing portfolio (City Centre Mall, Brahmaputra Industrial Park) generates recurrent rental income of approximately ₹20 crores annually
Targeting to increase rental income to ₹60 crores by FY29-FY30
New mixed-use shopping mall residential development planned with valuation of ₹500-700 crores
Phase one target launch next year, with rent yield generation beginning from FY29-FY30
Plans to raise debt to fund real estate projects

Company claims positive cash flow statement position
Debtors: ₹15-20 crores with billing cycle of 45-90 days depending on project
No slow-moving WIP in current order book
Arbitration settlements: Monetized ₹100+ crores from awards in last 5 years (winning value ~₹150 crores)
Expecting ₹200-225 crores from pending arbitration matters over next 2 years
OCCPS of ₹165 crores - payments to start from June 2027 and complete by 2034
Planning to use arbitration proceeds to redeem OCCPS
Bank guarantees: ₹100 crores limit (rotating)
CC limit: ₹100 crores
No other debt in company

Umang Prithani appointed as Joint Managing Director (second generation promoter)
Three more family members under training to join Board in coming years
Focus on improving ROCE through better working capital management and selective high-margin bidding

Focusing on railway projects, institutional buildings, flood protection, and slope protection works
Bid pipeline: ₹2,500 crores
Expanding geographic footprint from 10 states to target 20 states across Northeast and North-East India
Using surety bonds (₹50 crores soft limit) to secure additional projects worth ₹1,000 crores
Targeting Wayside Amenities projects with NHAI for asset-light real estate development
Maintaining disciplined bidding strategy focusing on margins over volume

50% of works outside Northeast were unaffected
Some projects in Upper Assam affected but received extra variation works during emergency
No negative impact on billing cycle or turnover
Company ramping up flood protection team expecting increased government thrust in this segment

Current tax rate range: 12-15% due to deductions under section 43B for principal repayments
₹14 crores principal repayment this year eligible for deduction
Expected to normalize to 20-22% after 2028 when deductions complete

Management: Mr. Umang Prithani (Joint Managing Director), Mr. Vivek Malhotra (Head of Finance)

Moderator: Ms. Selina Sheikh (Go India Advisors)