Rs 14,000 crore order book: Data centre infrastructure company receives order worth Rs 2,71,40,000 from Microsoft India
The company's shares have an ROE of 37 per cent and an ROCE of 40 per cent.
On Monday, shares of Bondada Engineering Ltd plunged 0.80 per cent to Rs 444.10 per share from its previous closing of Rs 447.70 per share. The stock’s 52-week high is Rs 753.98 per share and its 52-week low of Rs 330 per share.
Bondada Engineering Limited's subsidiary, Bondada Managed Services Private Limited (BMSPL), has secured a significant work order from Microsoft India for the operations of a data center in Hyderabad. This marks a crucial first step for Bondada Engineering into the data center projects space, reflecting Microsoft's confidence in their capabilities and establishing a foundation for future growth in digital infrastructure.
The domestic order, valued at INR 2,71,40,000/- (including GST), is set to commence execution on July 1, 2025. This milestone is not only a testament to Bondada Engineering's expanding expertise but also strategically positions the company for further opportunities within the rapidly growing data center industry.
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About the Company
Incorporated in 2012, Bondada Engineering Limited delivers comprehensive engineering, procurement, and construction (EPC) and operations and maintenance (O&M) services primarily for the telecom and solar energy sectors, boasting partnerships with major telecom companies like Reliance Jio and Airtel, having successfully installed over 12,500 telecom towers and a 4,300 km OFC network; the company's manufacturing capabilities extend to telecom and transmission towers, solar MMS, and building materials under brands like Smartfix, alongside lifestyle products such as uPVC and aluminium doors and windows, and they further provide extensive O&M services for both telecom infrastructure and solar power plants, managing a solar O&M portfolio of 20 MW.
The company has a market cap of over Rs 4,4800 crore and the order book as of March 31, 2025, stands at Rs 5,044 crore. Including the earlier major orders, the company's order book crosses Rs 14,000 crore. The stock is up 34.6 per cent from its 52-week low of Rs 330 per share. The company's shares have an ROE of 37 per cent and an ROCE of 40 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.