Under Rs 100: Micro-cap Railway Infra Company Admitted as Qualified Single Bidder for Rs 135.30 Million Bi-RIDE Project

BCPL Railway Infrastructure Limited has been admitted as the qualified single bidder by Bengaluru Integrated Rail Infrastructure Development Enterprise Limited (Bi-RIDE) for an infrastructure project valued at Rs 135.30 million, including GST. Bi-RIDE is a Special Purpose Vehicle (SPV) formed by the Rail Infrastructure Development Company (Karnataka) Limited (K-RIDE).

The project, referenced under Tender No. Bi-RIDE/BSRP/C1C4/SP-SSP Modification/2025 dated September 25, 2025, involves the design, supply, erection, testing, and commissioning for the shifting or modification of eight switching stations. These comprise six Sub Sectioning and Paralleling Posts (SSP) and two Sectioning and Paralleling Posts (SP). The modification work is necessary as these stations currently infringe the alignment of Corridor-1 and Corridor-4 of the Bengaluru Suburban Rail Project (BSRP).

Additionally, the contract includes necessary modifications to the existing Over Head Equipment (OHE) and Power Supply Installation (PSI) arrangements, if required. The project will be executed over a 24-month period and is considered to be part of BCPL Railway Infrastructure Limited’s regular course of business operations.

Incorporated in 1995, BCPL Railway Infrastructure Ltd executes Railway Electrification Projects, turnkey OHE projects, and other projects for railway and government entities. BCPL is involved in railway infrastructure development, including the design, drawing, supply, erection, and commissioning of 25KV, 50Hz Single Phase Traction Overhead Equipment. In FY22, it also ventured into the merchant export business, dealing in food products like maize, onions, oil cakes, and other commodities, exporting to countries such as Bangladesh.

As per the Quarterly Results, in the first quarter of FY25, BCPL Railway Infrastructure Ltd recorded a revenue of Rs 18.27 crore compared to Rs 19.83 crore. The operating profit for Q1FY25 stood at Rs 2.13 crore with a margin of 11.66 per cent. The net profit for the period was Rs 1.94 crore compared to Rs 1.73 crore. Looking at the annual performance, the company generated a revenue of Rs 87.93 crore in FY24, compared to Rs 122.79 crore in FY23. The operating profit for FY24 was Rs 7.60 crore, with a net profit of Rs 5.36 crore.

The stock is trading 25 per cent up from its 52-week low.

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