Rs 15,000 crore order book: Solar company receives orders worth Rs 2,32,51,483 from Greater Hyderabad Municipal Corporation & Bhagyasree Industries
DSIJ Intelligence-1 / 15 Oct 2025/ Categories: Mindshare, Trending
The stock is up 27.9 per cent from its 52-week low of Rs 330 per share.
Bondada Engineering Limited has recevied orders totalling Rs. 2,32,51,483 for the supply of lighting solutions in Telangana, marking a significant market entry for its premium products in the state. The company received a Letter of Intent (LOI) from the Greater Hyderabad Municipal Corporation (GHMC) for the supply of LED fixtures (Street and Flood Lights) as part of the GHMC LED Street Lighting Implementation Project.
Additionally, Bondada Engineering, in coordination with Bhagyasree Industries, has also been awarded an order to supply standalone 60W Solar street lights to the Roads & Buildings (R&B) Department in Kondareddypalli, Telangana. This success follows the approval of their product under the Standard Schedule of Rates (SSR) in Telangana, with the domestic orders, which include LED Street Lights and Solar Smart Lights, expected to be executed within 30 days of receiving the work order, and the company anticipating further orders from GHMC and other state departments.
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 4,600 crore and the Order Book as of September 30, 2025, stands at Rs 15,000 crore. The stock is up 27.9 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.