Shares of an organization offering engineering, procurement, and development (EPC) providers and operations and upkeep (O&M) providers to corporations working within the telecom and photo voltaic power business moved up by almost 4 % on BSE throughout Thursday’s buying and selling session.
Worth Motion
With a market cap of Rs. 3,849 crores, the shares of Bondada Engineering Restricted hit an intraday excessive at Rs. 382, up by round 4 %, in comparison with its earlier closing worth of Rs. 367.7.
The inventory hit its 52-week excessive at Rs. 753.98 on twenty eighth August 2024, and in comparison with its closing worth of Rs. 356.35, the inventory is buying and selling at a reduction of almost 53 %.
The inventory has delivered multibagger returns of almost 125 % over a one-year interval, whereas round 20 % of destructive returns within the final one month.
Administration Steerage
Bondada Engineering Ltd. goals to attain exponential progress by doubling its income and CAGR yearly over the subsequent three years. This bold goal is backed by a sturdy and diversified order guide throughout a number of segments, as acknowledged by the corporate’s Founder and Managing Director.
The strong order guide, at the moment valued at Rs. 5,342 crores, is predicted to play an important position in attaining this income progress and driving a sustained enhance within the firm’s compound annual progress charge (CAGR).
In December 2024, one of many firm’s high executives acknowledged that the order guide is predicted to succeed in round Rs. 8,500 crore to Rs. 9,000 crore by March 2025, following the reporting of the March 2025 monetary outcomes.
Additionally learn: Photo voltaic inventory hits higher circuit after receiving order value over ₹300 Cr for solar energy challenge
Order Ebook Overview
As of October 2024, Bondada Engineering’s complete order guide stands at Rs. 5,342 crores, with the EPC section contributing Rs. 4,302 crores, the O&M section accounting for Rs. 946 crores, and its subsidiary including Rs. 93 crores.
Along with its present initiatives, tenders value Rs. 2,437 crores are beneath course of, whereas tenders valued at Rs. 5,975 crores have already been submitted and are awaiting affirmation from respective purchasers.
The closing order guide for FY23 stood at Rs. 1,364 crores, which elevated to Rs. 1,759 crores in FY24. As of October 2024, Bondada Engineering’s order guide has surged to Rs. 5,342 crores, with these initiatives anticipated to be executed over the subsequent 18 to 24 months.
In simply six months, the corporate has achieved a outstanding threefold progress, increasing its order guide from Rs. 1,759 crores to Rs. 5,342 crores. This sturdy pipeline positions Bondada Engineering for sustained progress and stable efficiency within the coming years.
Monetary Efficiency
Bondada Engineering skilled a big progress in its income from operations, exhibiting a year-on-year enhance of round 62.5 % from Rs. 295.7 crores in H1 FY24 to Rs. 480.6 crores in H1 FY25.
Equally, its web revenue elevated throughout the identical interval from Rs. 14.8 crores to Rs. 36 crores, indicating a powerful rise of almost 142 % YoY.
EBITDA for H1 FY25 elevated by about 160 % YoY to Rs. 56.7 crores, up from Rs. 21.8 crores in H1 FY24, whereas the EBITDA margins grew to 11.7 %, from 7.3 %, over the identical interval.
Concerning the Firm
Included in 2012, Bondada Engineering Restricted is engaged within the enterprise of offering engineering, procurement, and development (EPC) providers and operations and upkeep (O&M) providers to corporations working within the telecom and photo voltaic power business.
Written by Shivani Singh
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