Bondada Engineering Limited, one of the most prominent engineering, procurement, and construction (EPC) players, has declared that it has won a new order worth ₹49.1 million. This new order continues the company's remarkable run of winning projects, further establishing it in the infrastructure and renewable energy segments.
Important points:
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Order size: ₹49.1 million
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Accretes to Bondada's expanding order book comprising recent large contracts
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Consolidates the company's diversification plan in telecom and renewable energy space
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Comes after Bondada announced ₹450 crore investment in a hybrid renewable energy facility in Assam
While specific details of the new order have not been disclosed, it likely falls within Bondada's core competencies of telecom infrastructure or renewable energy projects. The company has been actively expanding its presence in both sectors, with recent notable contracts including a ₹228.17 crore railway sector project for Kavach implementation and a ₹108.9 crore solar street light project in Bihar.
This new order, while not as large, shows Bondada Engineering's strength in winning diverse types of projects, ranging from large infrastructure development to more targeted projects. This indicates the strong market position enjoyed by the company and the client confidence it has established across several industries.
Bondada Engineering's recent history has been nothing short of remarkable, with the company having a 31.6% CAGR in profit growth over the past five years. The acquisition of this new order is likely to have a positive impact on the company's financial performance in the next quarters.
As Bondada Engineering grows its portfolio of projects, investors and market watchers will be keenly interested in how the new contracts filter through to revenue growth and market share gains in the competitive EPC market.
Sources: Bondada Engineering Limited Regulatory Filing, March 27, 2025