Rs 1,209 crore order book: IT-software company receives Rs 3,17,77,351.50 order from Maharashtra Remote Sensing Application Centre (MRSAC)

DSIJ Intelligence-1 / 30 Sep 2025/ Categories: Multibaggers, Trending

The company has a market cap of over Rs 2,700 crore with multibagger returns of 120 per cent in just 1 year and a whopping 1,300 per cent in 5 years.

Ceinsys Tech Limited has recevied a significant domestic contract from the Maharashtra Remote Sensing Application Centre (MRSAC), valued at Rs 3,17,77,351.50 (including GST). This order comprises Work Orders for Detailed Soil Survey and Mapping under the National Soil Mapping Programme (NSMP), specifically covering the Gondia and part of the Nashik Districts in Maharashtra. The completion timeframe associated with these contracts is 4 Months. This award leverages Ceinsys Tech's empanelment with MRSAC for the NSMP.

Earlier, the company received a Letter of Award (LoA) from the Mumbai Metropolitan Region Development Authority (MMRDA), a domestic entity. The contract, valued at Rs 15,95,00,000 (excluding GST), is for the "Appointment of Agency for Upgradation and Procurement of ESRI ArcGIS Software Products Enterprise Agreement at MMRDA." This agreement is for a duration of 4 years, which encompasses license delivery as well as operations and maintenance support for 16 quarters following the activation of the license.

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About the Company

Ceinsys Tech Ltd is a 1998-founded enterprise specialising in geospatial and engineering services, software, and energy solutions. As an ISO and CMMI-certified company, it's part of the Meghe Group. Its core competencies include designing, managing and analysing geographic data, with a focus on energy systems, water management, product design and robotics. Ceinsys offers a range of services encompassing geospatial solutions like risk analytics, smart city planning and disaster management; as well as mobility solutions spanning from concept development to manufacturing engineering and electric vehicle technology.

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The order book of the company as of June 30, 2025, stands at Rs 1,209 crore. The company has a market cap of over Rs 2,700 crore with multibagger returns of 120 per cent in just 1 year and a whopping 1,300 per cent in 5 years.

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