Construction Segment Company Received New Order Worth Rs 244.31 Crore From Jalgaon Divisional Sports Complex Construction

Over the past year, the stock has delivered a return of 27.87 per cent, drawing investor attention in the small-cap construction segment.

Univastu India Limited has secured a major work order worth Rs 244.31 crore for the construction of the Divisional Sports Complex in Jalgaon District. The order, communicated to the National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, supersedes an earlier filing dated May 16, 2025, which contained typographical errors.

The total contract value comprises Rs 207.04 crore along with 18 per cent Goods and Services Tax (GST) amounting to Rs 37.26 crore. The project has been awarded by the Divisional Sports Complex Committee, Jalgaon, and is expected to be completed within 36 calendar months, inclusive of monsoon periods. Univastu has clarified that this is a domestic order and does not involve any related party transaction, as neither the promoter group nor any group companies have an interest in the awarding entity.

On the trading front, Univastu India Ltd's stock surged significantly on May 16, 2025, closing at Rs 270.50 on the NSE, marking an intraday loss of 3.10 per cent. The stock opened at Rs 282, touched a high of Rs 285.00, and hit a low of Rs 270 during the day. Over the past year, the stock has delivered a return of 27.87 per cent, drawing investor attention in the Small-Cap construction segment.

As per its Quarterly Results for the period ending December 31, 2024, the company reported a total income of Rs 41.99 crore and a net profit of Rs 5.03 crore. For the trailing twelve months, Univastu India posted operating revenue of Rs 151.71 crore and net income of Rs 16 crore, maintaining steady financial performance.

Based in Pune, Univastu India Limited operates as an EPC (Engineering, Procurement, and Construction) service provider, executing civil infrastructure projects across India. Its portfolio includes metro stations, hospitals, sports facilities, educational buildings, roads, bridges, and water supply projects. The company is also engaged in trading construction materials such as steel, cement, and electrical goods.

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