Synopsis: Bondada Engineering’s inventory gained 4% after the corporate secured a Rs. 465 crore MAHAGENCO contract for a 100 MWAC photo voltaic EPC challenge, strengthening its renewable power portfolio and highlighting its increasing execution capabilities in large-scale infrastructure.
This firm gives engineering, procurement, and development (EPC) providers and operations and upkeep (O&M) providers to corporations working within the telecom and photo voltaic power trade is now within the focus after it secured a contract price Rs. 465 crore.
With market capitalization of Rs. 4,598 cr, the shares of Bondada Engineering Ltd are presently buying and selling at Rs. 414.55 per share, rising greater than 4% in as we speak’s market session, making a excessive of Rs. 423, from its earlier shut of Rs. 403.55 per share.
Concerning the order
Bondada Engineering Restricted has introduced the receipt of a prestigious Letter of Award (LoA) from Maharashtra State Energy Technology Firm Restricted (MAHAGENCO) for the execution of an built-in 100 MWAC Photo voltaic EPC challenge coupled with land procurement.
Because the Lead Member of the consortium, the corporate will probably be answerable for figuring out, buying, and creating the required land, together with end-to-end engineering, procurement, and development actions.
The scope consists of design, manufacturing, inspection, logistics, civil and electrical works, set up, operational acceptance testing, commissioning, and efficiency demonstration of a high-efficiency Mono-Crystalline PV know-how–based mostly solar energy plant at Village Jiwachiwadi in Beed district, Maharashtra.
The challenge additionally includes organising the ability evacuation system as much as the MSETCL/MSEDCL sub-station and consists of three years of complete operations and upkeep after profitable commissioning.
Valued at Rs. 465 crore, the absolutely home EPC contract is to be accomplished inside 450 days from the acceptance of the LoA. This milestone considerably reinforces Bondada Engineering’s rising footprint in India’s renewable power EPC sector, showcasing its strong technical experience, sturdy execution capabilities.
Concerning the firm
Bondada Engineering Ltd is a Hyderabad-based infrastructure firm (based in 2012) that gives engineering, procurement & development (EPC) and operations & upkeep (O&M) providers, primarily in telecom and renewable-energy (photo voltaic) sectors.
The corporate studies a powerful ROCE of 39.5% and an ROE of 36.2%, with a cushty debt-to-equity ratio of 0.41. It has delivered spectacular revenue development, recording a 61.2% CAGR over the previous 5 years. The agency additionally maintains a strong return-on-equity observe document, with a 3-year common ROE of 35.1%.
Gross sales surged by 153% to Rs. 1,217 crore in Q2FY26 from Rs. 481 crore a 12 months earlier, whereas EBITDA jumped to Rs. 143 crore. Internet revenue rose 151% to Rs. 92.6 crore in comparison with Rs. 36.9 crore in Q2FY25. EPS additionally improved considerably, rising to Rs. 8.04.
Written by Manideep Appana
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