Rs 330 crore order book: Civil construction company secured Rs 103,07,00,000 order from JWIL Infra Ltd

Vishnusurya Projects and Infra Limited has secured a significant Rs 103.07 crore turnkey contract from JWIL Infra Limited. This domestic order involves the laying, shoring, testing, and commissioning of MS pipelines, along with associated civil construction and services. This crucial work is part of JWIL's broader contract with the Chennai Metropolitan Water Supply and Sewerage Board for the 400 MLD Desalination Plant at Perur, specifically focusing on the product water transmission mains to Porur Head Works. Vishnusurya Projects and Infra Limited is expected to complete this project within 17 months from the contract date.

About the Company

Vishnusurya Projects and Infra Limited is a diversified company involved in EPC projects, aggregate and manufactured sand production, solid waste management, and commercial space leasing. Their EPC projects cover water, transportation, rail, resources, and institutional development, serving both government and private entities in Tamil Nadu. They also mine rough stones and manufacture aggregates and manufactured sand using crushing and sand washing plants. Vishnusurya's projects focus on community connectivity, urban and rural development, economic growth, and sustainable infrastructure.

The company has a market cap of over Rs 400 crore with an order book of Rs 330 crore as of FY25. The shares of the company have an ROE of 20 per cent and an ROCE of 24 per cent. The stock is up by 19.4 per cent from its 52-week low of Rs 155.05 per share.

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