Geophysical services company bags Rs 67,90,000 order from Amberg Engineering AG
The stock is up by 28 per cent from its 52-week low of Rs 109 per share.
DMR Hydroengineering & Infrastructures Limited's subsidiary, DM Consulting Engineers Private Limited, has secured a work order from Amberg Engineering AG. This domestic contract, valued at Rs 67.90 lakh plus applicable taxes, is for providing geophysical investigation services for tunnels. These services, including Electrical Resistivity Tomography (ERT), Seismic Refraction Tomography (SRT), and Multi-Channel Analysis of Surface Waves (MASW), will be carried out in the Aryankavu-Edamon section of NH-744 in Kerala. The project is expected to be completed within six weeks.
About the Company
DMR Hydroengineering & Infrastructures Ltd is a one-stop shop for engineering consultancy in infrastructure sectors like hydropower, dams, renewables, and tunnels. They focus on crafting innovative solutions for clients across the industry, from EPC agencies and government PSUs to independent power producers and other consultants. Their extensive service list covers everything from strategic planning and feasibility studies to detailed design, construction oversight, and project commissioning, ensuring successful project lifecycles from concept to completion.
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According to Half-yearly Results: The net sales increased by 81 per cent to Rs 7.02 crore, the operating profit increased by 39 per cent to Rs 1.60 crore and the net profit increased by 33 per cent to Rs 1.22 crore in H2FY25 compared to H2FY24.
According to Annual Results: The net sales increased by 64 per cent to Rs 11.51 crore, the operating profit increased by 27 per cent to Rs 2.57 crore and the net profit increased by 29 per cent to Rs 1.97 crore in FY25 compared to FY24.
The company has a market cap of Rs 56 crore. The stock’s 52-week high is Rs 208.46 per share and its 52-week low is Rs 109 per share. The stock is up by 28 per cent from its 52-week low of Rs 109 per share.
Disclaimer: The article is for informational purposes only and not investment advice.