Shares of Ramky Infrastructure Ltd rose 5.81% to ₹621.40 on Friday, September 19, after the company announced a major project win through its subsidiary.
The company said that its arm, Mallannasagar Water Supply, has executed a concessionaire agreement with the Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB) under the hybrid annuity mode (HAM).
Project details
The agreement involves the execution of the Godavari Drinking Water Supply Scheme Phase II & Phase III, aimed at rejuvenating the Musi River by filling the Osmansagar and Himayathsagar reservoirs with Godavari water.
The contract also includes manning, operation, and maintenance of the project (Package II). It comes with a 2-year construction timeline, followed by 10 years of operation and maintenance. The total project value is pegged at ₹2,085 crore.
Business performance
Ramky Infrastructure operates in two core segments — construction and development, with projects across BOT roads, industrial parks, SEZs, and bus terminals.
Despite a 33.4% decline in consolidated net sales to ₹379.24 crore in Q1 FY26, the company reported a 10.1% jump in net profit to ₹74.40 crore, supported by project efficiencies.
Shares surged on Friday’s session as investors cheered the fresh order win, which adds significant visibility to Ramky’s project pipeline.
