Rs 3,964 crore order book: Civil construction company receives order of Rs 205,89,14,000 from Tamil Nadu

RPP Infra Projects Limited has secured a domestic work order valued at Rs 205,89,14,000 (inclusive of 18 per cent GST) from the Sports Development Authority of Tamil Nadu for the establishment of the Global Sports City in Chennai. This Engineering, Procurement, and Construction (EPC) contract tasks the company with the design and engineering of the facility, with a mandated completion timeline of 18 months from the date the site is handed over. The agreement includes standard performance security clauses and reinforces RPP Infra's presence in the regional infrastructure sector through this large-scale urban development project.

Earlier, the company secured a significant domestic work order valued at Rs 52,17,05,486 from the Water Resources Department of Tamil Nadu for flood mitigation projects associated with the establishment of Global Sports City in Semmancheri, Chennai. Awarded by the Superintending Engineer of the Palar Basin Circle, the contract involves the formation of new tanks, construction of peripheral earthen drains, and the development of cut-and-cover channels to enhance the capacity of surrounding water bodies. This infrastructure project, which includes a standard performance security clause, is slated for completion within a 12-month timeframe.

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 Rs 420 crore and the company's Order Book is Rs 3,964 crore. The company reported positive numbers in its Quarterly Results (Q3FY26) and annual results (FY25). The company’s shares have a PE of 10x whereas the industry PE is 17x. The stock is up by 15 per cent from its 52-week low of Rs 75.16 per share.

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