Synopsis:
Shares surged after the firm secured multiple EPC contracts worth over Rs 290 crore, including a major NHIDCL road project. Strong quarterly numbers, improved margins and a growing order pipeline highlight its operational recovery, expanding project footprint and rising visibility in India’s infrastructure sector.
The shares of this infrastructure company jumped up to 9.3 percent in today’s trading session after the company bagged a significant work order from the National Highways and Infrastructure Development Corporation Limited worth Rs 220 crore.
With a market capitalisation of Rs 223.02 crore, the shares of Niraj Cement Structurals Ltd were trading at Rs 37.36 per share, increasing around 4.30 percent as compared to the previous closing of Rs 35.82 apiece.
Significant Order
The shares of Niraj Cement Structurals Ltd have seen positive movement after securing a Rs 220.14-crore EPC contract from NHIDCL to construct a two-lane paved-shoulder road on the Kohima Bypass in Nagaland. The project covers 11.268 km across multiple national highway stretches under the SARDP-NE programme. It is a fully domestic order with a 24-month execution timeline.
Financial Highlights & Recent Orders
The company delivered a strong financial performance in Q2FY26, with revenue rising 24% to Rs 171.62 crore from Rs 138.02 crore a year earlier. Net profit jumped 124% to Rs 8.81 crore, reflecting better operating leverage and improved demand momentum, signalling healthier profitability and steady business scaling.
In the last two quarters, Niraj Cement Structurals showed a sharp rebound. Operating profit rose from a loss of Rs 0.98 crore in Q1FY26 to a strong Rs 9.63 crore in Q2FY26, reflecting improved execution and cost control. Similarly, OPM improved from –1.04% to 5.61%, signalling a meaningful recovery in operating efficiency.
Recently, Niraj Cement Structurals secured two domestic EPC orders, strengthening its project pipeline. The company won a Rs 19.57-crore contract from MCGM for reconstructing approaches to the Sion Railway Over-Bridge, to be completed in 18 months. It also received a Rs 50.50-crore MoRTH order for constructing a 6.1 km Mandvi Bypass in Gujarat, also with an 18-month timeline.
Niraj Cement Structurals is a civil construction company specialising in roads, bridges, flyovers and urban infrastructure projects across India. With experience in metro works, highways and EPC contracts, the company has built a strong execution track record. Its expanding order book and participation in state and central projects highlight steady growth momentum.
Niraj Cement Structurals showcases a diverse project portfolio across major urban and infrastructure developments. From metro structures in Kolkata and flyovers in Jaipur to large-scale road projects like Hodal–Nagina and urban transport systems such as Indore BRTS, the company demonstrates strong execution capabilities. Its presence across metros, highways and state projects reinforces its reputation in complex civil engineering works.
Written by Abhishek Singh
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