Rs 2,994 Crore Order Book: Infrastructure Giant Announced the Acquisition of 120 acres of Land Near Chennai Airport At Estimated Cost of Rs 75 Crore

The company's market capitalisation stood at Rs 735 crore with a 1-Year Return of 34.73 per cent and a 3-Year Return of 220.49 per cent.

RPP Infra Projects Limited has announced the acquisition of 120 acres of land near the proposed new Chennai Airport at an estimated cost of Rs 75 crore. The acquisition is being carried out in stages, with the land registration process expected to be fully completed by April 2025.

The newly acquired land is strategically located near several major international industrial establishments, including Samsung and Hyundai, making it a prime location for future development.

RPP Infra is currently evaluating multiple development options for the land, including Logistics Parks, Warehousing, and Data Centres, with the objective of optimizing its value in line with the company's long-term growth strategy.

R.P.P. Infra Projects Limited, established in 1995, is a prominent player in the construction industry, focusing on multiple infrastructure verticals such as roads, buildings, industrial structures, power, irrigation, and waste management. The company operates as an integrated EPC entity, offering services across infrastructure development, residential and commercial buildings, and water management. It has successfully executed over 200 civil construction projects across South India and other states like Maharashtra, Madhya Pradesh, Uttar Pradesh, and Chhattisgarh.

The company's business segments include Infrastructure, which contributed 60 per cent to its revenue in FY24, Water Management at 30 per cent, and Buildings & Others at 10 per cent. R.P.P. Infra Projects Ltd boasts a diverse clientele, including NTPC, L&T, CPCL, TNPL, Siemens, and APGENCO. As of Q3 FY25, the company has an order book of Rs 2,994 crores, with a strategic focus on short-term projects of less than 24 months and project sizes under Rs 250 crores, targeting an EBITDA margin of 12-13 per cent.

As of March 24, 2025, the stock price of R.P.P. Infra Projects Ltd is Rs 144.7. The 52-week high is Rs 245.05, and the 52-week low is Rs 106.95. The company's market capitalisation stood at Rs 735 crore with a 1-Year Return of 34.73 per cent and a 3-Year Return of 220.49 per cent.

In the Quarterly Results of December 2024, the company reported a revenue of Rs 355.10 crore, reflecting a YoY growth of 9.00 per cent compared to Rs 325.78 crore in December 2023. The operating profit stood at Rs 26.67 crore, marking a 138.98 per cent increase from Rs 11.16 crore in the same quarter last year. The profit after tax (PAT) increased by 17.13 per cent to Rs 18.87 crore from Rs 16.11 crore in December 2023.

In FY24, the company posted a revenue of Rs 1,353.41 crore, registering a 30.09 per cent growth compared to Rs 1,040.33 crore in FY23. The net profit for the year stood at Rs 57.20 crore, up 97.38 per cent from Rs 28.98 crore in the previous financial year.

With a PE ratio of 10.7, the company trades at a discount compared to the industry PE of 20.6. The company has a ROCE of 22.6 per cent and an ROE of 14.47 per cent.

Investors must keep this Small-Cap stock on their radar.

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