Order Book at Rs 1,197 Crore: Geospatial & Engineering Services Company Bags Rs 114.98 Cr MMRDA Order; Stock Extends Rally for 3rd Day

DSIJ Intelligence-2 / 09 Jul 2025/ Categories: Mindshare, Multibaggers, Trending

Order Book at Rs 1,197 Crore: Geospatial & Engineering Services Company Bags Rs 114.98 Cr MMRDA Order; Stock Extends Rally for 3rd Day

Over the last 12 months, Ceinsys Tech has delivered a multibagger return of 184.07 per cent. On a year-to-date basis, the stock is down 18.98 per cent, but it has gained 15.80 per cent over the past week.

Ceinsys Tech Limited has announced that it received a Letter of Award (LoA) from the Mumbai Metropolitan Region Development Authority (MMRDA) for a project valued at Rs 114.98 crore (excluding GST). The contract, disclosed on July 8, 2025, is for the selection of a System Integrator to implement and manage an Integrated Data Driven Platform (IDDP) for monitoring infrastructure projects. The project duration includes one year for implementation and three years for operations and maintenance.

Following this win, Ceinsys Tech’s total order book stands at Rs 1,197 crore as of March 31, 2025. The stock extended its rally for the third straight session, rising 8 per cent on July 8 to an intraday high of Rs 1,560.90. The market responded positively to the development, especially amid flat broader indices. As of 2:31 PM IST, shares were trading at Rs 1,499.60, up 0.82 per cent from the previous close.

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Over the last 12 months, Ceinsys Tech has delivered a multibagger return of 184.07 per cent. On a year-to-date basis, the stock is down 18.98 per cent, but it has gained 15.80 per cent over the past week.

The company posted strong Quarterly Results for the March 2025 quarter. Revenue from operations rose 81.92 per cent year-on-year to Rs 142.39 crore from Rs 78.27 crore. Profit after tax increased 88.37 per cent to Rs 21.87 crore compared to Rs 11.61 crore in the same quarter last year.

For the full financial year FY25, Ceinsys Tech reported a 65.32 per cent increase in revenue from operations at Rs 418.10 crore, compared to Rs 252.90 crore in FY24. Profit after tax grew 80.57 per cent to Rs 63.20 crore from Rs 35 crore in the previous year.

Ceinsys Tech operates as a System Integrator with a focus on infrastructure monitoring solutions. The latest order reinforces its role in large-scale government projects, using data-driven platforms to enhance infrastructure management.

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