Synopsis:
Bondada Engineering Ltd has partnered with Adani Group because the Strategic Design and Building Companion for renewable vitality, beginning with a 650 MW photo voltaic venture, supporting Adani’s 30 GW Khavda RE park and strengthening Bondada’s clear vitality presence.
This firm gives engineering, procurement, and development (EPC) companies and operations and upkeep (O&M) companies to firms working within the telecom and photo voltaic vitality business is now within the focus after signing a Framework Settlement with Adani Group.
With market capitalization of Rs. 4,657 cr, the shares of Bondada Engineering Restricted are at the moment buying and selling at Rs. 416 per share, growing greater than 2% in in the present day’s market session making a excessive of Rs. 423, from its earlier shut of Rs. 413 per share.
Information
Bondada Engineering Restricted has formally teamed up with the Adani Group forming a long-term strategic partnership, which is an enormous step in its clear vitality journey. The corporate has disclosed that it has entered right into a Framework Settlement with the Adani Group to be the Strategic Design and Building Companion of renewable vitality tasks to be developed sooner or later.
The deal was signed on the 18th of November 2025 at a ceremony held within the Adani Company Workplace, Shantigram, Ahmedabad. The signing was facilitated by Shri Vineet Jain, Managing Director & CEO of Adani Inexperienced Power Restricted (AGEL), and Dr. Bondada Raghavendra Rao, Chairman & Managing Director of Bondada Engineering Restricted.
Within the first part of this five-year cooperation, Bondada Engineering has been awarded a 650 MW photo voltaic venture by AGEL. This important allocation bears witness to the boldness that Adani has in Bondada’s technical and implementation capabilities.
With this venture, the Adani Group goals to set a brand new normal for renewable vitality. Their plan is to determine a colossal 30 GW renewable vitality plant at Khavda, Kutch district, Gujarat, which can make it the biggest renewable vitality park on the earth. Bondada Group being chosen as their design and development accomplice is a witness to their growing significance in India’s clear vitality infrastructure.
The framework settlement may be interpreted as a step within the door of the renewable vitality sector for Bondada Engineering, whose development has been very fast. These firms have to date put in 1 GW of photo voltaic capability, are within the strategy of executing one other 1.8 GW, and have already got orders to the tune of two.5 GW. As well as, the corporate is endeavor 2.0 GW of unbiased energy producer (IPP) photo voltaic tasks within the state of Andhra Pradesh.
Concerning the firm
Bondada Engineering Ltd is an infrastructure options supplier specializing in engineering, procurement, and development (EPC) companies, primarily for the telecom and renewable vitality sectors. The corporate is concerned in tower development, operation and upkeep companies, and solar energy EPC tasks. Order guide stands at Rs. 5989 crore as of Oct twenty eighth.
The corporate delivered a really sturdy YoY efficiency in Q2 FY26. Income surged about 153% to Rs. 1,217 crore, whereas EBITDA jumped round 182% to Rs. 143 crore. Web revenue elevated 151% to Rs. 92.6 crore from Rs. 36.9 crore , reflecting sturdy operational momentum. EPS additionally rose sharply by about 139%, reaching Rs. 8.04 in comparison with Rs. 3.36 final yr.
The corporate boasts sturdy monetary efficiency, with a ROCE of 39.5% and ROE of 36.2%, supported by a snug debt-to-equity ratio of 0.41. It has delivered spectacular 5-year revenue development at a 61.2% CAGR, and maintains a strong observe document with a 3-year common ROE of 35.1%.
Written by Manideep Appana
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