Promoters hold 71.20 per cent stake: Civil construction company bags Rs 74,60,20,000 order from Public Works Department (West) Satara

The stock is up by up by 52 per cent from its 52-week low of Rs 164 per share.

Univastu India Ltd has received a work order from the Public Works Department (West) Satara on May 08, 2025 by email of Rs 74,60,20,000 excluding GST (Rupees Seventy Four Crore sixty Lakh Twenty thousand Only) for the construction of the Chhatrapati Shivaji Maharaj Sports Complex of Karad Municipal Council at Karad District, Satara.

Earlier, the company has received a work order of Rs 4,07,00,000 (Rupees Four Crore Seven Lakhs Only) excluding GST for designing, manufacturing, supplying, installing, testing and commissioning of the swimming pool at Gen. Arun Kumar Vaidya Kridangan in Bandra, Mumbai.

Established in 2009, Univastu India Ltd is active in the construction industry. Holding multiple certifications like ISO 9001, 18001 and 14001, along with top-tier PWD and CIDCO classifications, the company provides integrated engineering, procurement and construction services for civil, structural and infrastructure projects secured from government and private agencies. They are also involved in trading construction materials such as steel, cement and electrical supplies.

Univastu India Ltd's primary focus areas include diverse civil construction projects like metro stations, sports complexes, hospitals and educational institutions, alongside water supply, drainage, road and bridge projects. Their past projects include an indoor sports complex in Goa and a hospital in Bhosari. Clients include CIDCO and the Sports Authority of Goa and the company regularly bids on government tenders.

The company has a market cap of Rs 299 crore and the debtor days have improved from 96.4 to 38.8 days. The stock is up by up by 52 per cent from its 52-week low of Rs 164 per share.

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