Synopsis: EPC stock shares gained 5% after securing a Rs. 1,338 crore EPC contract from NTPC Renewable Energy Limited for a solar and battery storage project in Uttar Pradesh, boosting its order book and long-term growth visibility.
The shares of this company which provide engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to companies operating in the telecom and solar energy industry are in the spotlight after it rose by 5 per cent in today’s market session following securing an order from NTPC Renewable Energy Ltd.
With a market capitalisation of Rs. 3,839 cr, the shares of Bondada Engineering Ltd were trading at Rs. 343.85 per share, jumping 5% in today’s market session, making a high of Rs. 346.90, up from its previous close of Rs. 331 per share.
About the order
Bondada Engineering Ltd has received a major Notification of Award (NOA) from NTPC Renewable Energy Limited for the Engineering, Procurement, and Construction (EPC) package of a 250 MW Solar PV project coupled with a 50 MW/200 MWh Battery Energy Storage System (BESS) at Sitapur, Uttar Pradesh. The contract, valued at approximately Rs. 1,338 crore (including GST), marks one of the company’s significant renewable energy project wins.
The project is to be completed within 18 months from the receipt of the award. The order highlights Bondada Engineering’s growing presence in the renewable energy sector and reflects the confidence of a leading public-sector renewable energy company in its engineering expertise and project execution capabilities.
Following this order, Bondada’s Solar EPC order book has expanded to around 5.5 GWp, while its BESS order book has increased to about 1.1 GWh. The strengthened order pipeline is expected to improve revenue visibility, support execution momentum, and contribute positively to the company’s future growth and profitability.
The company stated that the project is expected to make a meaningful contribution to long-term shareholder value. Additionally, Bondada confirmed that the order is a domestic contract, does not involve any related-party transactions, and that neither the promoters nor promoter group companies have any interest in the awarding entity.
Bondada Engineering Ltd is an Indian engineering and infrastructure company that provides turnkey solutions across telecommunications, solar energy, and power infrastructure sectors. The company specializes in telecom tower construction, solar EPC projects, operations and maintenance services, and related infrastructure development.
It delivered strong growth in Q4FY26, with revenue rising 28% YoY to Rs. 914 crore from Rs. 714 crore and EBITDA increasing 18% to Rs. 96.2 crore from Rs. 81.7 crore. Net profit grew 13% to Rs. 62.9 crore from Rs. 55.5 crore, while EPS improved 10% to Rs. 5.30 from Rs. 4.83.
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