EPC Infrastructure Contracts

SRM Contractors Bags ₹168 Cr Road Projects from NHAI & Maharashtra PWD

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SRM Contractors Limited has secured multiple infrastructure contracts worth ₹168 crore, including projects from NHAI (₹128 Cr) and Maharashtra PWD (₹40 Cr), strengthening its order book and execution visibility.

PRICE-SENSITIVE TRIGGER

Event: Bagging of multiple road construction contracts

Type: EPC Infrastructure Contracts

Impact: Positive

Immediate Effect: Improves revenue visibility and strengthens order book, supporting medium-term growth outlook

Financial Snapshot

Total Order Value: ₹168 Cr
- NHAI Project: ₹128 Cr
- Maharashtra PWD Project: ₹40 Cr
Execution Timeline:
- NHAI Project: 12 months
- PWD Project: 18 months

Highlights

Strong order inflow enhances short-to-medium term revenue pipeline

What Happened ?

SRM Contractors announced that it has bagged contracts worth ₹168 crore, comprising:

NHAI Contract (₹128 Cr)

Project: Long-term remedial measures on NH-03 (Himachal Pradesh)
Mode: EPC
Scope: Infrastructure strengthening and road stabilization

Maharashtra PWD Contract (₹40 Cr)

Project: Road construction + bridges + culverts
Location: Nandgaon–Peth–Morshi Warud Road (NH-353K)
Mode: EPC

Key Project Highlights & Strategic Importance

Diversified order inflow from central (NHAI) + state (PWD) authorities
Strengthens presence in road EPC segment
Improves order book visibility and execution pipeline
Projects under EPC mode → better margin control
No related party involvement (arm’s length transactions)

Insight:

Consistent order wins indicate strong tendering capability and execution track record.

Risk Analysis

Key Risks

Execution risk (time-bound infrastructure projects)
Working capital intensity in EPC contracts
Margin pressure due to raw material cost volatility
Dependence on government project payments

Worst Case Scenario

Delays in execution or payments could impact cash flows and profitability despite strong order inflow.

Risk Level: Medium

Company Commentary

Focus remains on expanding infrastructure execution capabilities
Strengthening presence across multiple states and agencies

(No direct quotes disclosed)

Official Exchange Filing: SRM Contractors Limited