Image Source: Upstox
Bondada Engineering Ltd has made headlines with the receipt of massive new orders, propelling its order book toward a staggering ₹90,000 crore mark. This landmark achievement cements Bondada’s position as a leading force in India’s infrastructure, solar, and telecom engineering sectors, with a robust pipeline that promises exponential growth in the coming years.
Mega Order Book Milestone:
Bondada Engineering’s management has confirmed a targeted order book of ₹85,000–₹90,000 crore by March 2025, driven by a surge in large-scale contracts across solar EPC, telecom infrastructure, and railway modernization projects.
Solar Sector Dominance:
The company’s solar vertical is expected to contribute 70–75% of its business mix, with recent major wins including a ₹1,089 crore contract from Bihar Renewable Energy Development Agency for smart solar street lighting and a ₹467 crore order from KPI Green Energy for solar power plant materials and installation.
Railway Expansion:
Bondada has entered the railway sector with a major ₹228 crore contract from South Central Railway for the deployment of Kavach and 4G LTE-R safety infrastructure, marking its foray into high-tech railway modernization.
Telecom and Public Sector Projects:
Recent orders from Dinesh Engineers and other public sector clients further expand Bondada’s footprint in telecom tower supply and fiber connectivity, with projects spanning Chhattisgarh, Jharkhand, and beyond.
Financial Performance and Outlook:
The company boasts a 53% CAGR over the past 12 years, with expectations of 100% revenue growth in the next three years. Working capital management and strategic expansion into new verticals underpin Bondada’s bullish outlook.
Market Reaction:
Bondada Engineering’s stock has delivered multibagger returns, reflecting strong investor confidence in its execution capabilities and growth trajectory.
With this unprecedented order inflow, Bondada Engineering is set to play a pivotal role in powering India’s green energy transition, digital connectivity, and railway safety modernization.
Sources: Marketscreener, NDTV Profit, Business Standard, Rail Analysis, DSIJ
Advertisement
Advertisement
