Stock held by Vijay Kedia, engaged in diverse business activities related to hydro-mechanical equipment, Hydro Projects, Pumped Storage Projects, real estate, power developments and many more jumped upto 8 percent in the day’s trade upon receiving work order worth Rs. 410 Crores
Price Action
With a market capitalization of Rs. 1,524 Crores, the shares of OM Infra Limited were trading at Rs. 159.35 per equity share, up 2.5 percent from its previous day’s close price of Rs. 155.50.
What Happened
OM Infra Limited engaged in diverse business activities related to hydro-mechanical equipment, turnkey solutions for real estate, power development, hotels and many more has received a new work order from Chenab Valley Power Projects Ltd, Jammu and Kashmir for a consideration of Rs. 410 Crores.
The said work order is for the Design, Procurement, Manufacturing, Inspection, Shop Assembly, Testing, Painting, Transportation, Site Storage & Site Erection, Testing Commissioning of Radial Gates, Vertical Gates, Stoplogs, Gantry Cranes, Trash racks, Trash rack Cleaning Machine, Steel Liner for Pressure Shafts of KWAR HE (540 MW) Project and it should be executed within 36 months.
This new project win reinforces Om Infra’s robust order book and its position as a trusted partner in the infrastructure development sector. With a strong focus on water resource management, irrigation, and renewable energy hydro-electric and pumped storage power projects
Om Infra continues to leverage its technical expertise and project management capabilities to drive growth and create long-term value for stakeholders.
About the Company
Om Infra Limited is an infrastructure company engaged in diverse business activities related to hydro-mechanical equipment, turnkey solutions for Hydro Projects, Pumped Storage Projects, real estate, hotels, power developments, engineering, and many more.
It has delivered a wide range of projects including hydro-electric power and pumped storage projects, dams, water supply and irrigation systems, water treatment plants, and renewable energy solution.
Om Infra Limited has a strong orderbook of Rs. 2,048 Crores and it generates 91 percent of its revenue from Hydropower projects and 9 percent from Realestate. It has a strong trackrecord of 70+Projects executed, worth Rs 5000+ Crores.
Ace Investor Investment
Ace Investor Vijay Kishanlal Kedial holds a 2.49 percent stake in the company consisting of 24 Lakh equity shares through his firm Kedia Securities Private Limited. He made a fresh entry into the company in September 2023 by purchasing a 2.56 percent stake in the company consisting of 24.65 Lakh equity shares.
Financials & Ratios
Its Revenue from operations declined by 37 percent YoY from Rs. 267 Crores in Q1FY24 to Rs. 169 Crores in Q1FY25, accompanied by profits of of Rs. 14 Crores to Rs. 13 Crores.
In terms of Return ratios, it has reported a return on equity (ROE) of 6.36 percent and a return on capital employed (ROCE) of 12.2 percent. It has reported a debt-to-equity ratio of 0.13.
Written by: Bharath K.S
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