Board Meeting Details

The Board of Directors meeting was held on Thursday, 13th August, 2026 at the Registered Office of the Company, commencing at 11:00 AM and concluding at 05:30 PM.

Financial Results Approval

The Board considered, reviewed and approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th June, 2026, along with the Limited Review Report submitted by the Statutory Auditors.

Consolidated Financial Performance (Q1 FY27)

Income Statement (₹ Crores):

  • Net Sales/Income from Operations: ₹108.19
  • Other Operating Income: ₹2.61
  • Total Income from operations: ₹110.79
  • Cost of materials consumed & Construction expenses: ₹78.84
  • Changes in inventories: ₹2.50
  • Employee benefits expense: ₹1.62
  • Finance costs: ₹4.71
  • Depreciation and amortization: ₹0.33
  • Other expenses: ₹2.69
  • Total Expenses: ₹90.69
  • Profit before tax: ₹20.11
  • Tax Expenses: ₹3.62 (Current Tax: ₹2.54, Deferred Tax: ₹1.08)
  • Profit for the year: ₹16.48
  • Earnings per share: ₹5.68

Standalone Financial Performance (Q1 FY27)

Income Statement (₹ Crores):

  • Net Sales/Income from Operations: ₹93.44
  • Other Operating Income: ₹2.61
  • Total Income from operations: ₹96.05
  • Total Expenses: ₹76.20
  • Profit before tax: ₹19.85
  • Tax Expenses: ₹3.56 (Current Tax: ₹2.48, Deferred Tax: ₹1.08)
  • Profit for the year: ₹16.28
  • Earnings per share: ₹5.61

Segment Performance (Consolidated)

Q1 FY27 Revenue (₹ Crores):

  • EPC Division: ₹104.47
  • Real Estate Division & Other income: ₹6.33
  • Total: ₹110.79

Q1 FY27 Profit before tax (₹ Crores):

  • EPC Division: ₹14.71
  • Real Estate Division & Other income: ₹5.40
  • Total: ₹20.11

Segment Performance (Standalone)

Q1 FY27 Revenue (₹ Crores):

  • EPC Division: ₹89.72
  • Real Estate Division & Other income: ₹6.33
  • Total: ₹96.05

Q1 FY27 Profit before tax (₹ Crores):

  • EPC Division: ₹14.45
  • Real Estate Division & Other income: ₹5.40
  • Total: ₹19.85

Comparative Performance

Consolidated YoY Comparison (Q1 FY27 vs Q1 FY26):

  • Total Income increased from ₹92.14 crore to ₹110.79 crore (20.3% growth)
  • Net Profit increased from ₹15.04 crore to ₹16.48 crore (9.6% growth)
  • EPS increased from ₹5.18 to ₹5.68

Operational Updates

  • The Shopping Mall is almost fully operational at available capacity with more than 150 brands at the City Centre Shopping Mall
  • Various arbitration claims have been awarded in favor of the Company and its Joint Operations/Ventures
  • Part payment of settled claims has been submitted by the department before respective courts/authorities
  • Company is arranging respective Bank Guarantees to release amounts from authorities for debt reduction
  • Order book of the Company with Joint Operations/Joint Ventures stands at ₹1,600.00 Crores+ as of 30.06.2026

Debt Position

  • Outstanding Debt as on 30.06.2026: Cash Credit Limit ₹104.17 Crores + Term Loan ₹16.40 Crores = ₹120.57 Crores sustainable fund-based debt
  • Bank Guarantee outstanding as on 30.06.2026: ₹84.54 Crores
  • Consortium lenders hold OCCPS amount of ₹165.15 Crores as on 31.03.2026
  • Lenders' conversion rights lapsed on March 31, 2025
  • OCCPS repayment schedule commences from June 30, 2027 until March 31, 2034
  • Instrument is interest-free with minimal coupon charge of 0.01%

New Financing

  • During Q1 FY27, secured new term loan facility of ₹5.80 Crores from Indian Overseas Bank
  • Sanctioned under CGTMSE 5.0 (Credit Guarantee Fund Trust for Micro and Small Enterprises) scheme
  • Loan recorded in books of account, utilization as per sanctioned terms

Subsidiaries and Joint Ventures

Consolidated entities include:

  • Subsidiaries: Brahmaputra Concrete Private Limited, Brahmaputra Concrete (Bengal) Private Limited
  • Joint Operations/Ventures: DRA-BLA-BCL (JV), GPL-BCL (JV), BIL BLA GSCO (JV), Pawan Brahmaputra (JV), JCC Infraprojects BIL (JV)

Joint Operations financial contribution:

  • Total revenues: ₹14.75 Crores
  • Total net profit after tax: ₹0.26 Crores
  • Total comprehensive income: ₹0.26 Crores

Auditor Review

  • Limited review conducted by A N S K & ASSOCIATES, Chartered Accountants (FRN-026177N)
  • Review performed in accordance with SRE 2410 standard
  • No material misstatements identified in the financial results