Civil construction company secured new construction projects totalling a cumulative value of Rs 174 crore

SRM Contractors Limited has secured new construction projects totalling Rs 174 crore, demonstrating significant growth in its project portfolio. This achievement, received in the normal course of business, reflects the company's commitment to excellence and strategic execution, as well as the trust clients place in its capabilities. The addition of these projects not only enhances SRM Contractors' order book but also positions the company for sustained growth in the coming quarters.

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SRM Contractors Ltd, founded in 2008, is an engineering, construction and development company focused on building roads (including bridges), tunnels, and stabilising slopes, primarily in Jammu & Kashmir and Ladakh. They are ISO 9001:2015 certified and hold a Class A contractor registration with the Public Works (R&B) Department in Jammu & Kashmir. The company can bid on government-funded projects up to 30,000 lakhs for roads and bridges and 50,000 lakhs for tunnels (EPC contracts). They take on projects as an EPC contractor, on an item-rate basis, or through joint ventures with other construction companies. SRM Contractors Ltd also works as a subcontractor for major infrastructure companies like HCC Ltd, Gammon and Patel Engineering Ltd.

https://www.dsij.in/share-price/srm-contractors-ltd-312331

The company has a market cap of over Rs 1,100 crore with an ROE of 26 per cent and an ROCE of 31 per cent. The stock has given multibagger returns of over 100 per cent from its 52-week low of Rs 243.05 per share. In Q1FY26 results, the company reported net sales of Rs 143 crore and net profit of Rs 13 crore.

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