Vijay Kedia holds 10.66% stake: Innovators Facade Systems received work orders worth Rs 223.79 crore
DSIJ Intelligence-1 / 31 Oct 2025/ Categories: Multibaggers, Trending
The stock is up by 32.2 per cent from its 52-week low of Rs 141.05 and has given multibagger returns of 780 per cent in 5 years.
Innovators Façade Systems Limited has secured significant work orders totalling approximately Rs 223.79 crore (excluding Taxes) for the Design, Supply, Installation, Testing and Commissioning of Façade and Glazing Works from two major domestic clients. The largest order, valued at roughly Rs 146.19 crore, was awarded by Aditya Birla Real Estate Limited for Tower B, Birla Niyaara project in Worli, Mumbai, with an expected completion period of 987 days from the commencement date. The second order, worth approximately Rs 77.60 crore, comes from K Raheja Corp for the 94_97 Project in Pune, Maharashtra, which is scheduled to be executed over 24 months from the date of commencement. These contracts collectively represent a substantial boost to the company's project pipeline in the high-value real estate sector.
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Earlier, the company received a Letter of Award (LOA) from Provenance Land Private Limited. The order is for the design, supply and installation of façade works for the commercial tower and new arrival lobby of the Four Seasons Hotel in Worli, Mumbai. This domestic contract is valued at Rs 87 crore (excluding taxes) and is expected to be completed within 17 months from the date of the LOA.
About the Company
Innovators Facade Systems Limited operates as a building finishing contractor. The company offers facade design, fabrication and installation services. Innovators Facade Systems serves the residential and commercial sectors in India.
The company has a market cap of over Rs 400 crore. According to the half-yearly results, net sales of Rs 107 crore and net profit of Rs 8 crore in H2FY25. In FY25, net sales increased by 3 per cent to Rs 221 and net profit increased by 7 per cent to Rs 116 crore compared to FY24.
An Ace Investor, Vijay Kedia, owns 20,10,632 shares or a 10.66 per cent stake in this company. The stock is up by 32.2 per cent from its 52-week low of Rs 141.05 and has given multibagger returns of 780 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.