Micro-Cap Infra Company Secures Rs 108.80 Crore Order, Order Book Jumps to Rs 3,174 Crore, 5 Times Its Market-Cap

As of January 2025, RPP Infra’s order book stood at Rs 2,993.92 crore, consisting of 44 ongoing projects. With the addition of February’s contracts, the company’s total outstanding order book has surged to Rs 3,174 crore, nearly five times its current market capitalization of Rs 585 crore

RPP Infra Projects Limited, a micro-cap infrastructure player, has secured a fresh contract worth Rs 108.80 crore, significantly boosting its order book. The company announced in an exchange filing that it received a letter of acceptance for a new project from the Superintending Engineer, State Industries Promotion Corporation of Tamil Nadu (SIPCOT). The project includes constructing a customs office, medical facility, warehouse, plug-and-play infrastructure, and water supply system. Additionally, the contract entails the construction of a compound wall for the SEZ boundary at SIPCOT Mega Leather Park in Panapakkam, Ranipet, Tamil Nadu.

The newly awarded project, valued at Rs 108.80 crore, is expected to be completed within 15 months. This win follows the company’s recent order announcement on February 18, 2025, when RPP Infra secured a Rs 62.78 crore contract for widening the Avinashi-Mettupalayam Road (SH-80) in Tamil Nadu. The project includes converting a two-lane road into a four-lane highway, reconstructing box culverts, and constructing drains and retaining walls in Tirupur.

As of January 2025, RPP Infra’s order book stood at Rs 2,993.92 crore, consisting of 44 ongoing projects. With the addition of February’s contracts, the company’s total outstanding order book has surged to Rs 3,174 crore, which is nearly five times its current market capitalization of Rs 585 crore.

RPP Infra Projects Limited, incorporated in 1995, operates across various infrastructure sectors, including roads, buildings, industrial structures, power, irrigation, and waste management. The company has established a strong foothold in infrastructure development and continues to secure government and private contracts.

Despite a robust order pipeline, RPP Infra’s stock performance has been under pressure. As of March 3, 2025, the stock trades at Rs 118, reflecting a 0.55 per cent gain intraday at 11:20 AM. However, the stock has corrected over 39 per cent on a year-to-date basis. 

Disclaimer: This article is for informational purposes only and should not be considered investment advice.