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Civil Firm Bags Rs. 215.08 Cr Contract for Hyderabad Water Projects

CalenderPublished at December 29, 2024 by InfraJunction
Civil Firm Bags Rs. 215.08 Cr Contract for Hyderabad Water Projects

Ramky Infrastructure Limited has secured a significant contract from the Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB). The project involves the operation and maintenance of sewage treatment plants (STPs) and their related interception and diversion (I&D) infrastructure.

Five-Year Operation and Maintenance Deal

The contract spans five years and focuses on ensuring efficient management of wastewater facilities within HMWSSB’s jurisdiction. This initiative will enhance the sustainable treatment of sewage in the Hyderabad metropolitan area.

Contract Value

The project is valued at ₹215.08 crore, excluding Central Sales Tax. It underscores the importance of maintaining critical infrastructure for a cleaner and greener city.

This development highlights Ramky Infrastructure’s commitment to delivering quality services in the wastewater management sector.

About the Company

Ramky Infrastructure Limited, the flagship company of the Ramky Group, is a prominent name in infrastructure development. Established in 1994, the company has delivered a wide range of projects across various sectors. It specializes in industrial infrastructure, EPC contracts for water and wastewater treatment, road and bridge construction, and urban development.

Headquartered in Hyderabad, India, Ramky has a skilled workforce of over 2,000 employees. The company operates both domestically and internationally, showcasing its expertise in delivering high-quality and sustainable infrastructure solutions.

Ramky Infrastructure Limited is dedicated to sustainable practices and holds ISO certifications for Quality Management (ISO 9001:2015), Environmental Management (ISO 14001:2015), and Occupational Health & Safety (ISO 45001:2017). These certifications highlight the company’s focus on quality, environmental protection, and employee safety throughout every phase of project development.

As of March 31, 2024, Ramky Infrastructure has a market capitalization exceeding Rs 4,000 crore. The company’s order book stands at Rs 9,300 crore, with 60% of the order value allocated to capital expenditures (Capex) and 40% to operational expenditures (Opex).

Ramky Infrastructure Ltd Shares Rise 4.74%, Reach Rs 634.20

Ramky Infrastructure Ltd saw its shares rise 4.74%, reaching an intraday high of Rs 634.20 from the previous close of Rs 605.50. The stock has gained 48.2% from its 52-week low of Rs 427.80. With a price-to-earnings (PE) ratio of 18x and a return on equity (ROE) of 20%, this small-cap stock is one to watch for investors.

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