Bondada Engineering Ltd

Bondada Engineering has received a prestigious Notification of Award (NOA) from NTPC Green Energy for execution of Balance of System (BOS) works for a 600 MW for Block - 1 & Block - 3 Solar PV Project at Fatehgarh, Rajasthan. The project will be executed under Engineering, Procurement and Construction (EPC) mode and includes Operations & Maintenance (O&M) services for a period of three (3) years. This marks the second order received from the NTPC Group, taking the cumulative order inflow to approximately Rs 1,207 crore with a total cumulative capacity nearing ~1 GW.

The orders pertain to the supply of goods and onsite services for the Balance of System (BOS) package for a 75 MW solar power project at Khavda, Kutch, Gujarat. The company said the orders strengthen its presence in the renewable energy and environmental sustainability segments. With this, its cumulative executed capacity for the Adani Group has reached 725 MW. The orders are from domestic entities and are to be executed within a period of three months. The company clarified that the contracts do not fall under related party transactions and that promoters have no interest in the awarding entities. Bondada Engineering provides engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to companies operating in the telecom and solar energy industry. Bondada Engineering's consolidated net profit rose 13.3% to Rs 62.88 crore in Q4 FY26 as against Rs 55.51 crore in Q4 FY25. Revenue from operations jumped 27.9% year on year (YoY) to Rs 913.85 crore in Q4 FY26. Shares of Bondada Engineering rose 0.26% to Rs 360 on the BSE.

Bondada Engineering has secured multiple orders aggregating to Rs 125.30 crore from Adani Green, Adani Ports & SEZ and Ambuja Cements. These orders relate to the supply of goods and onsite services of Balance of System (BOS) components for a 75 MW solar power project at Khavda, Kutch, Gujarat'one of India's key renewable energy hubs. With this, the Company's cumulative capacity executed for Adani Group has reached 725 MW.

Revenue from operations jumped 27.9% year on year (YoY) to Rs 913.85 crore in Q4 FY26. Profit before tax stood at Rs 86.73 crore in the March 2026 quarter, registering a growth of 16.5% on a YoY basis. Total expenses increased 28.95% YoY to Rs 829.47 crore during the quarter. The cost of materials consumed stood at Rs 607.25 crore (up 21.03% YoY), employee benefit expenses were Rs 5.81 crore (down 25.32% YoY), and finance costs jumped 11.78% YoY to Rs 9.30 crore during the period under review. On the segmental front, revenue from the EPC business stood at Rs 827.75 crore in Q4 FY26, registering a year-on-year growth of 158.16%. Revenue from the services business came in at Rs 30.75 crore, down 90.27%, while revenue from the products business fell 28.8% to Rs 55.35 crore. On a full-year basis, the company's net profit jumped 86.5% to Rs 211.08 crore on an 81% surge in revenue to Rs 2,842.81 crore in FY26 over FY25. Bondada Engineering provides engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to companies operating in the telecom and solar energy industry. Shares of Bondada Engineering tanked 6.54% to Rs 357.05 on the BSE.

Net profit of Bondada Engineering rose 11.39% to Rs 59.17 crore in the quarter ended March 2026 as against Rs 53.12 crore during the previous quarter ended March 2025. Sales rose 27.93% to Rs 913.85 crore in the quarter ended March 2026 as against Rs 714.31 crore during the previous quarter ended March 2025. For the full year,net profit rose 85.52% to Rs 203.48 crore in the year ended March 2026 as against Rs 109.68 crore during the previous year ended March 2025. Sales rose 80.96% to Rs 2842.81 crore in the year ended March 2026 as against Rs 1570.96 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales913.85714.31 28 2842.811570.96 81 OPM %10.5311.43 -11.4910.87 - PBDT89.2676.74 16 294.17158.91 85 PBT86.7374.42 17 284.66152.35 87 NP59.1753.12 11 203.48109.68 86 Powered by Capital Market - Live

Bondada Engineering will hold a meeting of the Board of Directors of the Company on 27 April 2026.

The orders involve the supply of telecom towers, KAVACH railway infrastructure towers, and LED street lights to be executed within 1'2 months from the signing of contracts. The company received a letter of award from IIT Hyderabad for the supply and installation of 40 m and 50 m ground-based angular telecom towers, including RCC foundation and earthing works, as part of an indigenous 5G development project. Additionally, its subsidiary secured an order for supplying KAVACH tubular lattice towers for railway applications, while another order pertains to the supply of LED street light luminaries for Singareni Collieries. The company said the orders strengthen its presence across telecom infrastructure, railway safety systems, and energy-efficient lighting solutions. Bondada Engineering provides engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to companies operating in the telecom and solar energy industry. The company's consolidated net profit zoomed 119.12% to Rs 54.19 crore in Q3 FY26 as against Rs 24.73 crore in Q3 FY25. Revenue from operations jumped 89.40% year on year (YoY) to Rs 712.27 crore in Q3 FY26. Shares of Bondada Engineering rose 0.14% to Rs 360.35 on the BSE.

Bondada Engineering has successfully commissioned solar power projects aggregating to 48.2 MWp during March 2026. These projects have been executed for reputed clients including Paradigm IT and MAHAGENCO across multiple locations in Maharashtra. With this, the Company has achieved ~ 500 MWp of project execution during FY 2025-26, taking its cumulative executed capacity to around 1.3 GWp.

Bondada Engineering has secured multiple orders aggregating to Rs. 42.50 crore. These include: 1. Letter of Award from Telangana Police Housing, Infratech & Consultancy Services Corporation (TGPICS) for supply of self-supported communication towers and prefabricated equipment rooms across Telangana. This project is part of a critical communication infrastructure initiative for the Telangana Police IT&C Department aimed at enhancing statewide communication networks. 2. Order received from Fixity Technologies for the execution of Plastic Waste Management Units (PWMU) under the Swachh Andhra Corporation (SAC). The project will be executed through the Company's subsidiary, ATPOLE Technologies, utilizing its BLDC motors technology. This initiative aligns with sustainable waste management practices and supports environmental infrastructure development.

The key equity benchmarks trade with major gains in mid-afternoon trade supported by bargain buying even as the ongoing Middle East conflict kept investors cautious. However, sentiment remained guarded due to concerns over the US-Iran conflict, which continues to weigh on overall risk appetite. The Nifty traded above the 23,800 mark. Realty stocks gained for the second straight session. At 14:25 IST, the barometer index, the S&P BSE Sensex jumped 880.03 points or 1.15% to 76,954.22. The Nifty 50 index surged 253.65 points or 1.08% to 23,834.80. The broader market outperformed the frontline indices. The BSE 150 MidCap Index soared 2.13% and the BSE 250 SmallCap Index rallied 2.31%. The market breadth was strong. On the BSE, 3,266 shares rose and 928 shares fell. A total of 148 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, declined 4.86% to 18.83. Buzzing Index: The Nifty Realty index jumped 2.94% to 732.15. The index climbed 4.79% for the two consecutive trading sessions. Brigade Enterprises (up 5.78%), Anant Raj (up 5%), Prestige Estates Projects (up 4.42%), Godrej Properties (up 4.24%), DLF (up 3.83%), Lodha Developers (up 2.98%), Oberoi Realty (up 1.46%), Phoenix Mills (up 1.11%), Sobha (up 1.05%) and SignatureGlobal India (up 0.22%) surged. Numbers to Track: The yield on India's 10-year benchmark federal paper rose 0.09% to 6.723 compared with previous session close of 6.717. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 92.4750 compared with its close of 92.4000 during the previous trading session. MCX Gold futures for 2 April 2026 settlement shed 0.37% to Rs 155,402. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.12% to 99.68. The United States 10-year bond yield declined 0.55% to 4.178. In the commodities market, Brent crude for May 2026 settlement tumbled 0.59 cents or 0.57% to $102.83 a barrel. Stock in Spotlight: Bondada Engineering rallied 3.06% after it has secured an order from Bharat Electronics (BEL) for the supply of critical components for defence applications. The contract, valued at Rs 35,70,000, will be executed within three months from the receipt of the work order.Powered by Capital Market - Live