Denta Water and Infra Solutions Limited has informed the Exchange regarding 'Company has bagged new orders to execute 7 projects as on date and amounting to Rs.1830.06 Millions '.
DENTA · price
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Denta Water and Infra Solutions announced winning 7 new projects worth Rs. 1,830.06 million, comprising 1 water management sub-contract (Rs. 79.33M), 4 road projects (Rs. 120M), and 1 irrigation project (Rs. 163.73M). With these additions, the company's total outstanding order book now stands at Rs. 7,455.38 million across 21 ongoing projects, and management indicated likely robust revenue growth in coming months. The Board recommended a final dividend of Rs. 2.50 per equity share (face value Rs. 10) for FY25, subject to shareholder approval at the 9th AGM scheduled for August 22, 2025, with a record date of August 14, 2025. Mr. Manish Jayasheel Shetty was reappointed as Managing Director for a further 3-year term effective from August 22, 2025.
The new order wins materially strengthen the company's revenue visibility and underline business momentum, which is positive for the stock. The Rs. 2.50 dividend on a Rs. 10 face value offers a modest yield to shareholders while signaling confidence in cash flows.