Penny stock skyrockets 15% after receiving ₹64 Cr order for construction project

The shares of a Microcap construction company that is engaged in urban development in the form of procurement and construction (EPC)/ turnkey projects of affordable housing schemes gained around 15 percent from the day’s low in today’s trade after securing an order worth Rs 63.52 Crore. 

Price Action 

The shares of Nila Infrastructures Ltd, with a total market capitalization of Rs 403.74 Crore on Tuesday, surged 14.5 percent from the day’s low to hit an intraday high of Rs 10.82 per share. However, as of noon, the shares retreated and were trading at Rs 10.3 per share, which was 5 percent higher than the previous closing of Rs 9.82. 

About the Order 

According to a press release dated March 25, 2025, Nila Infrastructures Ltd. has been awarded a slum rehabilitation project to construct 1,694 residential flats. The company will focus on the finishing work for the project in Ahmedabad.

The project was originally granted to Shree Infracon Private Limited (SIPL) by the Ahmedabad Municipal Corporation under the Slum Rehabilitation and Redevelopment Policy of 2013. SIPL has now awarded Nila Infrastructures with the ‘Finishing Work’ for the project, valued at Rs 63.52 Crore. 

Also read: Power stock hits 5% upper circuit after receiving order from Bharti Airtel

Financials 

The company reported an increase of 53 percent YoY in revenue from operations from Rs 34.3 Crore in Q3FY24 to Rs 52.3 Crore in Q3FY25. Their Net Profits also increased by 53 percent YoY from Rs 3.21 Crore to Rs 4.91 Crore over the same period. 

Key Ratios 

The company boasts a lower D/E ratio of 0.19, and its P/E ratio stands at 18.88X, which is lower than the industry average of 28.18X. It has an ROE of 12.19 percent with an ROCE of 16.8 percent. The company has a strong 1-year CAGR for Revenue at 60.45 percent, Net Profit at 847.3 percent, and Operating Profit at 70.2 percent.

About Nila Infrastructures Ltd 

Nila Infrastructures Limited is actively involved in urban development through EPC/turnkey projects, focusing on affordable housing schemes initiated by government authorities. The company has contributed significantly to public infrastructure projects like Ahmedabad’s BRTS, AMTS, a textile park in Surat, and media utilities in Rajkot. It also develops residential real estate, offering a range from affordable flats to premium apartments. 

Written By Adhvaitha Nayani

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