| Market Cap | ₹363.28 CrSmall Cap |
|---|---|
| Revenue TTM | ₹542.36 CrOperating |
| PE TTM | 10.0Valuation |
| Order from | Department of Haryana State Industrial & Infrastructure Development Corporation Limited (HSIIDC) |
| Deal value | ₹559.5 Cr |
| Share of market cap | 154.0% |
| Share of annual revenue | 103.2% |
Key highlights
- Project value estimated at approximately ₹559.50 crore inclusive of GST
- Company emerged as L1 bidder for the Shri Krishna AYUSH University contract
- Scope includes planning, design, engineering, procurement, and construction
- Project awarded by Haryana State Industrial & Infrastructure Development Corporation
- Contract executed on an Engineering, Procurement, and Construction (EPC) basis
What Is the Order?
Deepak Builders & Engineers India Limited has successfully secured the L1 bidder position for an infrastructure development project in Kurukshetra, Haryana. The mandate involves the planning, design, engineering, procurement, and construction of building infrastructure facilities for Shri Krishna AYUSH University. This comprehensive contract also covers allied estate services.
The total bid project cost is pegged at approximately ₹559.50 crore, a figure that includes Goods and Services Tax. The project will be executed under the EPC model, ensuring a turnkey delivery for the client, the Haryana State Industrial & Infrastructure Development Corporation Limited.
Client Profile
- Haryana State Industrial & Infrastructure Development Corporation Limited (HSIIDC) is the nodal agency for industrial development in Haryana
- HSIIDC operates under the Department of Industries and Commerce, Government of Haryana
- The corporation is responsible for developing industrial estates and infrastructure facilities across the state
- Shri Krishna AYUSH University is a state-funded institution dedicated to alternative medicine systems
- The project is managed via the HSIIDC Industrial Estate office located in Karnal, Haryana
Business Impact
This project represents a significant addition to the company's order book, particularly as the contract value of ₹559.50 crore exceeds the company's current market capitalization of ₹363.28 crore. Securing an L1 position for a high-value state government project reinforces the company's competitive standing in the Engineering, Procurement, and Construction segment. This win provides revenue visibility for the coming years and strengthens the firm's portfolio in the institutional and educational infrastructure space.
The scale of this project suggests a substantial contribution to future operational revenue, which stood at ₹581.79 crore for the previous annual period.
Financial Context
Deepak Builders currently operates with a Trailing Twelve Month revenue of ₹542.36 crore and a net profit of ₹36.34 crore. The company maintains a mid-range performance profile with a Durability score of 50. While the stock has seen a significant one-year decline of 45.53%, it currently trades at a Price-to-Earnings ratio of 10, which is considerably lower than the industry average of 31.79.
The company's recent quarterly performance showed a 27.45% year-on-year revenue growth. High promoter holding at 72.03% indicates strong internal alignment with the company's long-term growth trajectory and project execution capabilities.
| Share price | ₹77.99 |
|---|---|
| Market capitalisation | ₹363.28 Cr |
| Revenue (annual) | ₹581.79 Cr |
| Net profit (annual) | ₹56.75 Cr |
| Revenue (latest quarter) | ₹166.38 Cr+269.30% vs previous quarter |
| Net profit (latest quarter) | ₹5.17 Cr+3.69% vs previous quarter |
| P/E (TTM) | 10×Sector 34.04× |
| Promoter holding | 72.03%-0.47% QoQ |
| FII holding | 0.16%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Deepak Builders & Engineers India Limited announcing its emergence as the L1 bidder for a project in Haryana. Market figures from a third-party data provider.
