Rs 4,000+ order book: Civil construction company receives domestic order worth Rs 134,21,00,379

RPP Infra Projects Ltd has received a new work order from the Chief Engineer of Maharashtra State Infrastructure Development Corporation Limited, with a contract value of Rs 134,21,00,379. The project, which is a domestic contract, involves the improvement of the Matheran Neral Kalamb road (SH-109) from Km 0/00 to 20/400, and the Lobhyanchiwadi Sugve pimpaloli Neral road (MDR 104) from Ch. 3/00 to 14/00 in the Tal. Karjat District Raighad. The company has already received the hard copy of the Letter of Acceptance, and the project is to be executed within 12 months.

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About the Company

RPP Infra Projects Limited, established in 1995, is a prominent player in the Indian construction sector. The company specialises in an array of infrastructure projects, including roads, bridges, buildings, industrial structures, power generation, irrigation systems, and waste management. With a strong focus on EPC (Engineering, Procurement, and Construction) projects, RPP Infra has a diversified portfolio encompassing highways, roads, bridges, civil construction for water management, irrigation, mass housing, and power projects. The company boasts a successful track record, having executed over 200 civil construction projects across southern states like Karnataka, Tamil Nadu, Telangana, and Andhra Pradesh.

Regarding finances, RPP Infra Projects has a market cap of over Rs 700 crore and the company's order book exceeds Rs 4,000 crore. The company reported positive numbers in its Quarterly Results (Q1FY26) and annual results (FY25). The company’s shares have a PE of 12x whereas the industry PE is 22x. The stock is up by 48 per cent from its 52-week low of Rs 108.95 per share.

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