| Solar Capacity | 107.7 MWpCommissioned April 2026 |
|---|---|
| Market Cap | ₹3,892.31 CrMid-range Performer |
| Revenue TTM | ₹2,634.94 CrAnnual Operating |
| ROE Annual | 30.25%Efficiency Metric |
| Order from | SCCL, Paradigm IT and MAHAGENCO |
Key highlights
- Successfully commissioned 107.7 MWp of solar capacity during April 2026
- Executed projects for major clients including SCCL, Paradigm IT, and MAHAGENCO
- Project sites distributed across multiple locations in Maharashtra and Telangana
- Reaffirmed fiscal year 2026-27 commissioning target of 1.5 GWp
- Utilised robust engineering practices to ensure timely and seamless execution
Production Commenced — What It Means
Bondada Engineering Limited has operationalised a total of 107.7 MWp in solar power projects as of April 2026. The infrastructure rollout spans various geographical clusters within the states of Maharashtra and Telangana. This expansion highlights the company’s transition from project execution to active power generation support for its high-profile clientele.
By delivering these utility-scale projects, the firm demonstrates its ability to navigate complex engineering requirements while adhering to stringent safety protocols. The successful deployment strengthens the company’s track record in the large-scale solar engineering, procurement, and construction domain.
Path to This Milestone
To reach this operational milestone, Bondada Engineering has focused on scaling its technical expertise and project management capacity. The company has set an ambitious target to commission 1.5 GWp by the end of the 2026-27 fiscal year. The current projects were delivered through robust engineering practices and strict adherence to quality and safety standards.
This execution framework is designed to handle large-scale renewable energy transitions, catering to reputed clients such as Singareni Collieries Company Limited and the Maharashtra State Power Generation Company. These efforts underscore the company’s commitment to sustainable growth.
Business Overview
- Specializes in EPC and O&M services for the telecommunications and solar energy industries
- Provides integrated solutions for passive telecom infrastructure, including tower fabrication
- Solar segment portfolio includes ground-mounted utility projects and rooftop solar installations
- Maintains a robust execution pipeline with a focus on sustainable growth and value creation
- Serves a diverse client base consisting of private corporations and major state utilities
Revenue Impact and Sector Context
The commissioning of these projects aligns with a period of robust financial growth for the company, which reported a consolidated annual operating revenue of 2,634.94 crore. With a net profit growth of 78.63 percent year-on-year, the ramp-up in operational capacity is expected to sustain this momentum. The company’s focus on disciplined capital allocation has resulted in an annual Return on Equity of 30.25 percent.
Simultaneously, government initiatives for solar park development are fueling demand for experienced EPC partners, positioning the company to benefit from increasing capital expenditure by state distribution companies.
| Share price | ₹348.55 |
|---|---|
| Market capitalisation | ₹3,892.31 Cr |
| Revenue (annual) | ₹2,634.94 Cr |
| Net profit (annual) | ₹184.21 Cr |
| Revenue (latest quarter) | ₹852.13 Cr+27.95% vs previous quarter |
| Net profit (latest quarter) | ₹51.90 Cr+4.12% vs previous quarter |
| P/E (TTM) | 21.13×Sector 35.43× |
| Promoter holding | 61.57%+0.02% QoQ |
| FII holding | 0.58%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Bondada Engineering Limited announcing the successful commissioning of 107.7 MWp solar power projects. Market figures from a third-party data provider.
