Order Win / Infrastructure Contract
EMS Limited Receives ₹64.85 Crore Sewer Network Project LOA from UP Jal Nigam
NSE
emslimited
BSE
543983
EMS Limited has received a Letter of Award (LOA) from UP Jal Nigam (Urban), Varanasi for sewer network and house connection works in Varanasi. The project carries an estimated order value of ₹64.85 crore excluding GST with an execution timeline of 18 months.
PRICE-SENSITIVE TRIGGER
Event: Receipt of Letter of Award (LOA) for sewer infrastructure project
Type: Order Win / Infrastructure Contract
Impact: Positive
Immediate Effect: The order strengthens EMS Limited’s water and wastewater infrastructure order book and enhances revenue visibility over the execution period
Key Metrics:
- Order Value: ₹64.85 Crore (Excluding GST)
- Execution Timeline: 18 Months
- Project Type: Sewer Network & House Connection Infrastructure
- Awarding Authority: UP Jal Nigam (Urban), Varanasi
- Project Coverage: 2 wards out of 18 problematic wards in Varanasi
- Order Nature: Domestic Entity (LOA)
Highlight:
- EMS Limited secured sewer infrastructure order from UP Jal Nigam.
- Project includes sewer network laying and house connection works.
- Order supports company’s urban water infrastructure business growth.
- Execution period estimated at 18 months.
What Happened ?
EMS Limited informed the exchanges that it has received a Letter of Award (LOA) from UP Jal Nigam (Urban), Varanasi for sewer network and house connection infrastructure works in Varanasi.
The project covers Hukulganj and Naibasti wards under Nagar Nigam Varanasi and includes surveying, soil investigation, design, material supply, sewer network laying, rising main works, sewer house connections, and construction of a 23 MLD SPS facility on a turnkey basis.
The estimated project value stands at approximately ₹64.85 crore excluding GST and is expected to be executed within 18 months.
key highlights
Project & Contract Details:
- Awarding entity is UP Jal Nigam (Urban), Varanasi.
- Project awarded after company previously achieved L1 bidder status.
- Work relates to sewer network and house connection infrastructure.
- Project located in Hukulganj and Naibasti wards of Varanasi.
- Scope includes surveying, soil investigation, design, and execution works.
- Includes laying and jointing of sewer network and rising main.
- Project also includes sewer house connections.
- Construction of 23 MLD SPS facility included in scope.
- Order value stands at ₹64.85 crore excluding GST.
- Execution timeline estimated at 18 months.
- Company confirmed no promoter interest in awarding entity.
- Transaction does not qualify as related party transaction.
Note:
- Urban wastewater and sewer infrastructure projects contribute to long-term execution visibility for EPC and water management companies.
Risk Analysis
Key Risks
- Delays in execution may affect revenue recognition timelines.
- Working capital requirements may increase during project execution.
- Government infrastructure projects may face approval or coordination delays.
- Margin performance can be impacted by raw material and labor cost fluctuations.
Worst Case Scenario
- Execution delays or delayed payment realization from government authorities could impact profitability and cash flow.
Risk Level: Medium
Company Commentary
- Company received Letter of Award from UP Jal Nigam (Urban), Varanasi.
- Project awarded for sewer network and house connection works.
- Estimated order value stands at ₹64.85 crore excluding GST.
- Project execution timeline is 18 months.
- Disclosure made under Regulation 30 of SEBI LODR Regulations.
Official Exchange Filing: EMS Limited