New Order: Infra jumps 10% after securing ₹34.86 Cr order from Mumbai Metro

Synopsis:- Shares jumped up to 10% after securing a ₹34.86 crore metro-related order, boosting investor sentiment. Strong execution, a ₹322 crore highway project, 24% revenue growth, and 124% profit rise underline improving fundamentals and recovery momentum in the infrastructure business.

The shares of this infrastructure company jumped up to 10 percent in today’s trading session after the company had bagged a significant work order from the Mumbai Metropolitan Region Development Authority worth Rs 34.86 crore.

With a market capitalisation of Rs 245.28 crore, the shares of Niraj Cement Structurals Ltd were trading at Rs 41.09 per share, increasing around 3 percent as compared to the previous closing price of Rs 40.01 apiece.

Significant Order

The shares of Niraj Cement Structurals Limited have seen positive movement after receiving a work order for the “Construction of Linkway FOBs at Metro Line-7 Station Package-3-(2) – Goregaon (E) Metro Station, connecting Ram Mandir Railway Station” from Mumbai Metropolitan Region Development Authority (MMRDA) valued at Rs. 34.86 Crores, including GST. 

Recently, the company has received a work order for the 4-laning of the Ponda to Bhoma section of NH-748 from Km 125.440 to Km 135.050 in the State of Goa on EPC Mode” from the Ministry of Road Transport and Highways (MoRTH) valued at Rs. 322.27 crores. 

Financial Highlights & Recent Orders

Niraj Cement Structurals delivered robust financial performance in Q2FY26, with revenue rising 24% to  Rs 171.62 crore from  Rs 138.02 crore as compared to last year. Net profit magnified 124% to  Rs 8.81 crore, reflecting better operating leverage and improved demand momentum, signalling healthier profitability and steady business scaling.

In the last two quarters, Niraj Cement Structurals showed a sharp rebound. Operating profit rose from a loss of  Rs 0.98 crore in Q1FY26 to a strong  Rs 9.63 crore in Q2FY26, reflecting improved execution and cost control. Similarly, OPM improved from –1.04% to 5.61%, signalling a meaningful recovery in operating efficiency.

Niraj Cement Structurals is a civil construction firm focused on roads, bridges, flyovers, and urban infrastructure projects across India. With proven expertise in metro rail works, highways, and EPC contracts, it has developed a solid execution track record. A growing order book and participation in both state and central government projects support its steady growth outlook.

The company boasts a diversified project portfolio spanning key urban and infrastructure developments. From metro structures in Kolkata and flyovers in Jaipur to major road projects such as Hodal–Nagina and urban transport systems like the Indore BRTS, Niraj Cement Structures highlights strong capabilities in delivering complex civil engineering assignments.

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