Rs 5,125 Crore Order Book: Engineering Company Bags New Order Worth Rs 247.55 Crore From Bharat Heavy Electricals Ltd

The stock is up by 60 per cent from its 52-week low of Rs 141.35 per share.

Vishnu Prakash R Punglia Limited (VPRPL) has been awarded a Letter of Award from Bharat Heavy Electricals Limited (BHEL) for civil, structural, and architectural work on the 1x800 MW NTPC Sipat Project's Power Block Area. This comprehensive project includes foundations for the Power House, Boiler, ESP, Mill & Bunker, TG, BFP, and Fans. The scope also covers work on the FGD, TG, CEP, CW pit, ESP Control Room, Chimney Raft, ID Ducts, Paving, Transformer Yard, CST Pump House, Compressor, DG, MRS, and AC & Ventilation Ducting. Additionally, VPRPL will construct a Labour Hutment (including land leasing), Rooftop Solar foundation, Sewage line, and handle LP piping & Fire Fighting, Pipe/cable racks, CW Ductwork, and a Worker's Rest Room. VPRPL secured this Rs 247.55 crore tender and will collaborate with BHEL and stakeholders to ensure project completion.

Earlier, the company announced its joint venture, VPRPL-RBIPL-JDA-JV, was awarded a Jaipur Development Authority contract in Jodhpur, India. On January 23, 2025, the joint venture received a Letter of Acceptance for the "Engineering, Procuring, Construction, Commissioning (EPC) and performance run followed by O&M of a 30 MLD sewerage treatment plant at Swarn Vihar, Sanganer, Jaipur, based on SBR Technology." VPRPL-RBIPL-JDA-JV was selected after tender submission. The Rs 51.40 crore tender was evaluated and accepted.

About the Company

Vishnu Prakash R Punglia Limited is one of India's fastest-growing infrastructure development companies. Incorporated in 1986, Vishnu Prakash R Punglia Limited is engaged in the business of designing and constructing infrastructure projects for the Central and State Governments, autonomous bodies, and private bodies across 9 States and 1 Union territory in India. As of December 31, 2024, the company’s order book stands at Rs 5,125 crore.

The company has a market cap of over Rs 2,700 crore and has delivered good profit growth of 58.5 per cent CAGR over the last 5 years. The shares of the company have an ROE of 25 per cent and an ROCE of 20 per cent. The stock is up by 60 per cent from its 52-week low of Rs 141.35 per share. Investors should keep an eye on this small-cap stock.

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