Brahmaputra Infrastructure Limited has been declared the lowest bidder (L1) for a ₹70.18 crore highway maintenance contract in Mizoram, securing a potential long-term revenue stream and expanding its footprint in India’s northeastern region.
The project was awarded through a competitive bidding process conducted by the Ministry of Road Transport and Highways (MoRTH) and will be supervised by the Chief Engineer, PWD (Highway), in Aizawl.
Shares of the company were trading at ₹163, after closing the previous session at ₹160. The stock opened at ₹158.2 and touched an intraday high of ₹166.6. Brahmaputra Infrastructure has a market capitalization of about ₹472 crore and trades at a price-to-earnings ratio of 7.93, compared with an industry median of 18.08.
Five-year highway maintenance project
The contract involves operation and maintenance, including monsoon maintenance, of an 87.18-km stretch of National Highway 502A in Mizoram.
The project carries an execution period of 60 months, providing revenue visibility over multiple financial years. The contract is backed by the central government through MoRTH, which reduces counterparty risk and offers relatively stable cash flows.
Management said the company has been declared the L1 bidder and that a formal Letter of Award (LoA) and detailed work allocation are expected after completion of post-bid procedures.
The project falls under the company’s Multi Modal Project Division and will be executed under EPC-based templates.
Financial performance
For the quarter ended March 2026, the company reported revenue of ₹94 crore, compared with ₹103 crore in the corresponding quarter of the previous year, a decline of 8.73 percent. Revenue was marginally higher than ₹93 crore reported in the December 2025 quarter.
Net profit for the quarter stood at ₹15 crore, down from ₹22 crore a year earlier, representing a decline of 31.81 percent.
Over the last five years, Brahmaputra Infrastructure has recorded:
- Revenue CAGR of 21 percent
- Net profit CAGR of 125 percent
The company reported:
- ROCE: 18.2 percent
- ROE: 18.9 percent
- EPS: ₹5.09 as of Q4 FY26
- Debt-to-equity ratio: 0.37
Company profile
Brahmaputra Infrastructure Limited is engaged in infrastructure development, with a focus on roads and engineering projects. The company undertakes EPC and maintenance contracts, including projects in challenging terrains, and has been increasing its participation in government infrastructure programs.
TL;DR:
Brahmaputra Infrastructure has emerged as the L1 bidder for a ₹70.18 crore, five-year maintenance contract for an 87.18-km stretch of NH-502A in Mizoram. The project offers long-term revenue visibility and strengthens the company’s presence in the Northeast.
AI summary:
- Brahmaputra Infrastructure has been declared L1 bidder for a ₹70.18 crore MoRTH contract.
- The project covers operation and maintenance of NH-502A in Mizoram.
- Execution period is five years, providing steady revenue visibility.
- Formal Letter of Award is awaited after post-bid evaluations.
- The company reported Q4 FY26 revenue of ₹94 crore and net profit of ₹15 crore.
