Tantia Constructions Surges 4% After Securing ₹37 Crore Order for Road Over Bridge
Stock Performance
Shares of Tantia Constructions Limited, a leading player in India’s civil infrastructure sector, surged nearly 4.3% during Wednesday’s trading session on the Bombay Stock Exchange (BSE). The rise came after the company announced securing a ₹37.2 crore order for constructing a Road Over Bridge (ROB).
As of 02:43 p.m., the stock was trading in the green at ₹52.21, up by 1.3% from its previous close of ₹51.57. The stock has delivered impressive returns, gaining nearly 49% in the past year and 9.6% in the last month.
Major Order Win
As per the latest regulatory filings, Tantia Constructions has received a Letter of Acceptance (LoA) from The Braithwaite and Jessop Construction Company Limited for the construction of a Road Over Bridge (ROB).
The project is aimed at replacing Level Crossing No. 476 at Km 1351/8-9 in the Banda-Manikpur section of the North Central Railway, Jhansi Division. The company has been given a strict timeline of 15 months to complete the project, starting from the date of the LoA.
Additionally, the order includes a maintenance/defect liability period of 12 months post-completion.
Financial Growth & Performance
Tantia Constructions has shown significant improvement in financial performance over the past year. The company’s revenue from operations increased by an impressive 282% year-on-year, rising from ₹3.22 crore in Q2 FY24 to ₹12.3 crore in Q2 FY25.
Similarly, the company transitioned from a net loss of ₹0.12 crore in the previous year to a net profit of ₹0.3 crore in the current financial period. This strong performance indicates a positive turnaround and growing demand for its infrastructure services.
Financial Ratios & Key Metrics
| Metric | Value |
|---|---|
| Market Cap | ₹817 Cr. |
| Current Price | ₹53.0 |
| 52-Week High/Low | ₹61.2 / ₹29.6 |
| Stock P/E | – |
| Book Value | ₹16.0 |
| Dividend Yield | 0.00% |
| Return on Capital Employed (ROCE) | -1.06% |
| Return on Equity (ROE) | -5.61% |
| Debt to Equity Ratio | 1.34 |
| Industry P/E | 23.4 |
| Debt | ₹333 Cr. |
| Piotroski Score | 1.00 |
| Price to Book Value | 3.30 |
About Tantia Constructions
Founded as a railways-focused construction company, Tantia Constructions Limited has expanded its expertise to seven key infrastructure segments:
- Railways
- Roads
- Urban Development
- Infrastructure & Industrial Fabrication
- Power
- Marine
- Aviation
The company has a strong reputation for executing critical infrastructure projects across India, further solidifying its presence in the infrastructure development space.
Stock Market Outlook
The recent ₹37 crore order adds to Tantia Construction’s growing order book, signaling robust future growth prospects. Investors are optimistic about the company’s ability to capitalize on government infrastructure projects, especially with India’s increased focus on railway modernization and urban connectivity.
However, high debt levels (₹333 Cr.) and negative ROE and ROCE indicate that the company still faces some financial challenges. Investors should keep an eye on future earnings reports and order flow before making investment decisions.
Conclusion
Tantia Constructions’ latest 4% rally on securing a ₹37.2 crore ROB project highlights the market’s confidence in its infrastructure capabilities. With strong revenue growth, an increasing order book, and expansion into multiple infrastructure sectors, the company is poised for further gains.
However, investors should carefully analyze its financial health, particularly debt levels and profitability metrics, before making long-term investment decisions. The stock’s performance in the coming months will largely depend on successful execution of projects and sustained order inflows.
Would you consider investing in Tantia Constructions after this latest order win? Let us know in the comments
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.