Infra stocks: Particularly for businesses with large order books, Infra stocks with a value under Rs. 100 may show promise. Small and mid-cap enterprises make up the majority of the equities. With an order book of up to Rs. 85,000 crore, the company is currently in a good position to benefit from the rising demand for infrastructure development in India. We will do analysis for these 4 stocks throughout this article.
NBCC (India) Limited
NBCC (India) Limited was founded in 1960 as a New Delhi-based Navratna public sector company. Their primary fields of expertise are real estate development, engineering procurement and construction, and project management consulting. extremely important for government initiatives and urban development in India and around the world.
The company’s order book is worth about Rs. 84,400 crore. NBCC (India) reported that its operating revenue for the second quarter of FY25 increased 19.42% from the previous year to Rs. 2,459 crore, while its net profit increased 52.43 percent to Rs. 125 crore.
Brahmaputra Infrastructure Limited
In 1998, Brahmaputra Infrastructure Limited was established. With a focus on roads, highways, airports, bridges, and tunnels, it is one of India’s top construction firms. They work on major infrastructure projects, mostly in Northeast India, and are involved in EPC and real estate development.
The company’s order book as of June 30, 2024, is around Rs. 1,200 crore. For the period under review, Q2 FY25, NBCC (India) reported a 52.43 percent increase in net profit to Rs 125 crore and a 19.42 percent increase in revenue from operations to Rs 2,459 crore.
Patel Engineering Limited
Founded in 1949, the Patel Engineering Limited has its main office in Mumbai. One of the oldest civil engineering and construction companies in India is Patel Engineering. It specializes in infrastructure projects, including urban development, highways, tunnels, and dams. In order to expand its market share both domestically and globally, Patel Engineering Limited employs advanced technological techniques to carry out heavy civil engineering in a variety of sectors.
The company’s order book, as of Q2 FY25, is valued at around Rs 17,260.70 crore. Patel Engineering said that its net profits increased by 92% to Rs 73 crore in Q2FY25 and its operating revenue increased by 15% to Rs 1,174 crore.
Hindustan Construction Limited
Founded in 1926, Hindustan Construction Company Limited has its main office in Mumbai. It is among the top engineering and construction companies in India. Infrastructure projects, such as those involving dams, tunnels, highways, and power plants, are their area of expertise. They are renowned for completing historic projects in a variety of industries.
In the Order Book, the corporation has around Rs. 9,800 crore. Hindustan Construction had a 23.24 percent year-over-year increase in operating revenue to Rs. 1,407 crore in Q2 FY25. During the same quarter, they earned a profit of Rs. 64 crore on a loss of Rs. 3 crore.
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Authored by – Deepa Trivedi