During Friday’s trading session, shares of a micro-cap company dealing in petroleum products, trading and realty & infrastructure business surged nearly 10.3 percent on BSE, after securing an order for micro surfacing works in Pune.
With a market cap of Rs. 178 crores, at 10:50 a.m., the shares of Sanmit Infra Limited were trading in the green at Rs. 11.27 on BSE, up by nearly 4 percent, as against its previous closing price of Rs. 10.87. The stock has delivered negative returns of more than 29 percent in one year, but has gained by around 22 percent in the last one month.
What’s the News
According to the latest regulatory filings with the BSE, Sanmit Infra Limited has announced securing a significant work order valued at nearly Rs. 4.24 crores. The project involves executing 3 lakh square meters of micro surfacing work in Pune PN- 35 Projects, awarded by D.G. Belhekar Infra Private Limited. The project is scheduled to commence on June 10, 2025.
The scope of work includes the provision and laying of micro surfacing course involving dry fine aggregates conforming to Type-III grading specifications, polymer-modified cationic slow-setting bitumen emulsion (with a minimum binder content of 60 percent), ordinary Portland cement, chemical additives, and water, as per SP-81 guidelines and the approved Job Mix Formula (JMF), with a finished thickness ranging from 6 to 8 mm.
Under the scope of D.G. Belhekar Infra Private Limited, the responsibilities include providing open land for storing emulsion and equipment, setting up a labour camp, conducting primary cleaning in the village area, and obtaining the necessary traffic and safety permissions for initiating the work.
Sanmit Infra Limited’s scope of work comprises pre-application road cleaning, obtaining approvals for the mix design/Job mix formula, conducting both in-house and external lab testing as directed, and supplying all necessary materials, including aggregates, cement, water polymer-based micro surfacing emulsion. The company will also manage manpower, machinery, traffic and safety arrangements, storage of materials and equipment, and security for the labor camps.
Financials & More
Sanmit Infra reported a significant growth in revenue from operations, experiencing a year-on-year rise of nearly 104 percent, from Rs. 22.5 crores in Q4 FY24 to Rs. 46 crores in Q4 FY25. Similarly, its net profit increased during the same period from Rs. 0.54 crores to Rs. 1.6 crores, representing an impressive rise of nearly 196 percent YoY.
Sanmit Infra Limited, formerly known as SMR Universal Softech Limited, is presently engaged in biomedical and other waste management, infrastructure and real estate development, as well as the trading of petroleum products.
Written by Shivani Singh
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