Rs 16,887 crore order book: Civil construction company bags new order worth Rs 1257,28,74,429.22 crore from Bharat Sanchar Nigam Ltd

The stock is up 19.2 per cent from its 52-week low of Rs 902.05 per share.

G R Infraprojects Limited has secured an Advance Work Order (AWO) from Bharat Sanchar Nigam Limited (BSNL), acting on behalf of the Department of Telecom (DoT), for a significant project in the Kerala Telecom Circle. This Design, Supply, Construction, Installation, Upgradation, Operation, and Maintenance undertaking involves the middle mile network of Bharatnet under Package No.- 16 of Tender Enquiry No: MM/BNO&M/BN-III/T-791/2024, dated February 15, 2024. The contract, valued at Rs 1257,28,74,429.22, follows a Design Build Operate and Transfer (DBOT) model, encompassing a 3-year execution period followed by 7 years of operation and maintenance.

Established in 1995, G R Infraprojects Ltd is an integrated road EPC company experienced in designing and constructing various road and highway projects across India. Primarily focused on civil construction through EPC and BOT models in the road sector, GRIL has designed and built over 100 road projects across numerous states. Its core business includes EPC, BOT, and HAM projects in roads, as well as EPC in railway, metro, airport runways, and OFC; the company has also diversified into power transmission and manages 10 operational assets.

According to the financials, GR Infraprojects Ltd has a market cap of over Rs 10,000 crore and the order book as of December 31, 2024, stands at Rs 16,887 crore. The company reported positive numbers in its Quarterly Results (Q3FY25) and nine-month results (9MFY25).

The shares of the company have a PE of 11x, an ROE of 16 per cent and an ROCE of 17 per cent. The stock is up 19.2 per cent from its 52-week low of Rs 902.05 per share.

Disclaimer: The article is for informational purposes only and not investment advice.