Rs 891 Crore Order Book: EPC Construction Company Secures Rs 59.65 Crore Thane Coastal Road Sub-Contract

Ganesh Infraworld Limited has announced that it has been awarded a work contract for piling and soil stabilisation work on the Thane Coastal Road in Maharashtra. This contract was secured on a sub-contract basis. The details of the work contract are as follows: the project involves piling and soil stabilisation work for the Thane Coastal Road in Maharashtra, with an order value of Rs 59.65 Crores. The mode of execution is EPC (Engineering, Procurement, and Construction), and the duration of the project is 12 months. This project falls under the Road Infra Projects vertical.

For the fourth quarter of FY25, the company reported revenue of Rs 158.6 crores, registering a quarter-on-quarter growth of 6.3 per cent. EBITDA for the quarter stood at Rs 14.4 crores, with an EBITDA margin of 9.1 per cent. Profit after tax (PAT) was Rs 11.6 crores, resulting in a PAT margin of 7.3 per cent.

For the full financial year FY25, the company recorded revenue of Rs 538.2 crores. EBITDA stood at Rs 52 crores, translating to an EBITDA margin of 9.7 per cent. PAT for the year was Rs 48.1 crores, with a PAT margin of 7.4 per cent. The company’s net worth stood at Rs 180 crores, supported by capital raised and internal accruals. The debt-to-equity ratio stood at 0.21, reflecting prudent financial leverage.

Margins improved by approximately 200 basis points year-on-year, driven by a higher share of water infrastructure projects in the revenue mix. Management expects further improvement as execution in the water infrastructure segment picks up. While a precise margin figure was not shared, management stated that EBITDA margins would be “somewhere very close to a double digit margin.” PAT margin is also expected to rise from 7.4 per cent in FY25 to potentially 8–9 per cent by FY27, supported by the growing share of water infrastructure and an increasing focus on direct tenders.