Mukul Agrawal stock in focus after receiving project worth ₹615 Cr from NBCC

Synopsis: An infrastructure EPC contractor secured a Rs 615 crore redevelopment order for a government residential colony in New Delhi. The company in context has seen its stock give a compounded return of 30 percent in the last 3 years.

This Mumbai-based infrastructure EPC contractor that built metro rail, roads, bridges, tunnels, and urban infrastructure projects across India, saw its shares in focus after securing a Rs 615 crore redevelopment order for GPRA Colony in New Delhi. This adds to its order book of Rs 19,212 crore.

With a market cap of Rs 4,187 Cr, J Kumar Infraprojects Ltd saw its stock hit an intraday high of Rs 569 which is  less than 1 percent higher than the previous close of Rs 561. The company stock has given a compounded return of 30 percent in the last three years.

What’s the News?

J. Kumar Infraprojects Limited has received a Letter of Acceptance from NBCC (India) Limited for the redevelopment of the GPRA Colony at Netaji Nagar in New Delhi. The total value of the domestic order stands at Rs 615.53 crore, and the project is scheduled to be completed within 24 months.

The scope of work includes the construction of 540 Type-V residential quarters, a community hall, and allied infrastructure works on an EPC basis, along with five years of Operation and maintenance services.

The Order Book 

As of Q3FY26 J Kumar Infraprojects Ltd has a robust order book of Rs 19,212 crore, dominated by elevated corridors and flyovers at 53 percent. Roads and tunnels contribute 18 percent, while civil and other works account for 13 percent. Additionally, Elevated metro projects add 6 percent, underground metro 5 percent, and water infrastructure makes up the remaining 5 percent share of the revenue.

Geographically, Maharashtra represents the largest share at 63 percent of the order book, Tamil Nadu follows with 19 percent, and Delhi NCR contributes 15 percent. Uttar Pradesh accounts for 2 percent, and Gujarat at 1 percent.

Ace Investor Holding

As of Q3FY26, Mukul Agrawal holds more than 2.6 percent stake in the company. According to the available sources, the ace investor’s holding has increased by about 130 bps from his initial holding of 1.3 percent in Q3FY17.

Business & Financial Overview

J. Kumar Infraprojects Ltd is a Mumbai-headquartered infrastructure construction company incorporated on December 2, 1999. It operates as an EPC contractor engaged in metro rail, roads, bridges, flyovers, tunnels, and urban infrastructure projects across India, serving major government agencies and transport authorities.

The company has completed major projects including the JNPT project in Mumbai, Delhi Metro Rail Project, Mumbai Metro Lines, and even has major ongoing projects such as- Dwarka Expressway and Airoli Creek Bridge. It specializes in complex metro and civil engineering works and has built strong expertise in urban transport infrastructure.

In the latest quarter the company saw its YoY revenue fall by 12 percent, going from Rs 1,487 Cr in Q3FY25 to Rs 1,311 Cr in Q3FY26, while the QoQ went down by 2 percent from Rs 1,343 Cr in Q2FY26. The YoY Net Profits also fell by 16 percent, going from Rs 100 Cr in Q3FY25 to Rs 84 Cr in Q3FY26, while the QoQ fell by 8 percent from Rs 91 Cr in Q2FY26.

The company has a 3 year sales CAGR of 17 percent, while the TTM is at 5 percent. The company’s 3 year profit CAGR is at 24 percent, while the TTM number is at 7 percent. The company also has a ROCE of 20 percent and a ROE of 14 percent.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Mukul Agrawal stock in focus after receiving project worth ₹615 Cr from NBCC appeared first on Trade Brains.