The shares of the Micro-Cap stock specializing in Engineering, Procurement, and Construction (EPC) and Real Estate development, jumped upto 3 percent upon receiving Letter of Acceptance (LOA) from the National Highway Authority of India for a new project valued at Rs. 16.94 crore.
With a market capitalization of Rs. 201.39 crores on Thursday, the shares of Brahmaputra Infrastructure Limited jumped upto 2.9 percent, making a high of Rs. 69.45 per share compared to its previous closing price of Rs. 67.05 per share.
Brahmaputra Infrastructure Limited, engaged in Engineering, Procurement, and Construction (EPC) and Real Estate development, has announced that it has received a Letter of Acceptance (LOA) from the National Highway Authority of India for a new project valued at Rs. 16.94 crore.
The contract involves the construction of rainwater drainage at the 13th Mile near CASFOS, Byrnihat, as well as building a steel footpath along Bridge No. 59/4, foot overbridges at various locations, service roads, truck lay-bys, and street lighting along the four-laning Highway project of the Jorabat-Shillong (Barapani) section of NH-40 (New NH-6) in Assam and Meghalaya.
The project will be executed on an Engineering, Procurement, and Construction (EPC) basis and is expected to be completed within 12 months, and the order has been awarded by a domestic government body.
Financials & Others
The company’s revenue rose by 90.8 percent from Rs. 54.01 crore to Rs. 103.1 crore in Q4FY24-25. Meanwhile, the Net profit rose from Rs. 4.49 crore to Rs. 22.21 crore during the same period.
The company’s P/E ratio of 6.55 is much lower than the industry average of 22.08, and its PEG ratio of 0.09 indicates the stock may be undervalued. Additionally, the company maintains a low debt-to-equity ratio of 0.58, showing strong financial stability.
The Promoter shareholding is high at over 65%, reflecting strong confidence in the business. The company has also delivered impressive performance, achieving an average net profit growth of 34.17% over the last three years.
Brahmaputra Group is a leading construction company specializing in highways, buildings, bridges, airports, tunnels, and other civil works. With over two decades of experience and a skilled team, the group has completed numerous infrastructure projects across India, especially in Northeast India. It also manages the largest shopping mall in the region, reflecting its strong presence and commitment to regional development and growth.
The company has a set of major clients like NHAI, BRO, PWD Assam, Punjab & Uttarakhand, MCD, DDA, IRCON, IIT Guwahati, Jaypee Group, and Reliance Infrastructure, and others, showcasing its strong presence in India’s infrastructure sector.
Written by Sridhar J
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