Throughout Tuesday’s buying and selling session, the shares of one of many distinguished gamers in India’s infrastructure and EPC sectors hit a 5 % higher circuit at Rs. 82 on NSE, after the corporate introduced securing a 67.61 MWp Photo voltaic Undertaking in Gujarat.
Worth Motion
With a market capitalisation of Rs. 101 crores, the shares of K2 Infragen Restricted closed within the inexperienced at Rs. 80, up by round 2.4 %, as in opposition to its earlier closing value of Rs. 78.1. The inventory hit its 52-week excessive at Rs. 329 on 4th July 2024, and in comparison with present value ranges of Rs. 80, the inventory is buying and selling at a reduction of almost 76 %.
What’s the Information
As per the most recent regulatory filings with the NSE, K2 Infragen Restricted has secured a photo voltaic EPC venture contract, together with the provision of BOS materials, for a 67.61 Mega Watt DC capability in Gujarat.
This important photo voltaic venture is a part of a 450 MWp initiative being developed by Coal India Restricted in Khavda, Gujarat. The contract was awarded to K2 Infragen by KPI Inexperienced Power Restricted. Following this addition, the corporate’s whole order e book underneath execution has now reached Rs. 578.54 crores.
Order Guide & Capex
As of fifteenth March 2025, K2 Infragen’s order e book stands at Rs. 547.43 crores, with unexecuted orders totalling Rs. 327 crores. The biggest contribution to the order e book comes from Roads Initiatives (64.23 %), adopted by Water Provide Initiatives (17.99 %), Energy Initiatives (10.37 %), Railway Initiatives (7.13 %), and Civil Work Initiatives (0.23 %). The corporate achieved an on-time venture supply fee of 83 % in FY25. K2 Infragen’s capex plan contains an funding of Rs. 12 crores for equipment upgrades.
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Administration Steerage
By FY27, K2 Infragen goals to increase its order e book to over Rs. 1,250 crores, with projected income of Rs. 450 crores and internet revenue reaching Rs. 36 crores. The corporate’s strategic focus contains increasing into renewable power tasks like photo voltaic and wind, direct bidding in Transmission and Railway segments, and interesting in JV bidding for roads & different giant EPC tasks. Moreover, K2 Infragen is investing in know-how, adopting AI and IoT for real-time venture monitoring.
Financials
The corporate reported a decline in income from operations, experiencing a year-on-year fall of almost 13.5 %, lowering from Rs. 59 crores in H1 FY24 to Rs. 51 crores in H1 FY25. Throughout the identical interval, the corporate’s internet revenue decreased from Rs. 6 crores to Rs. 4 crores, representing a decline of 33.3 % YoY.
In regards to the Firm
Based in 2015, K2 Infragen Restricted is an built-in EPC firm providing a complete suite of companies, encompassing venture engineering from design to execution, and energy engineering options tailor-made to the evolving energy sector.
Written by Shivani Singh
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