RAMKYNSERamky Infrastructure Limited· ConstructionHighPositive
Announced Wed, 4 Mar · 19:03 IST

Ramky Infrastructure Limited has informed the Exchange regarding a press release dated March 04, 2026, titled "Ramky Infrastructure Limited Wins ₹1,401.84 Crore Contract from Maharashtra Industrial Township Limited for Dighi Port Industrial Area Project".

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Price reaction · full curve

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AI summary

Ramky Infrastructure Limited has secured a ₹1,401.84 crore EPC contract from Maharashtra Industrial Township Limited (MITL) for infrastructure works at Dighi Port Industrial Area (DPIA), Phase I, Package A in Raigad district, Maharashtra. The contract covers end-to-end delivery including design, construction, testing, commissioning, and a 4-year performance-based operations and maintenance period, and is part of the Delhi Mumbai Industrial Corridor (DMIC). The scope includes roads, stormwater systems, water and sewerage networks, recycled water distribution, power distribution, and utility ducts for ICT. Completion is required within 930 days from the appointed date. MITL is a special purpose vehicle with equity participation from the Government of India and the Maharashtra State Government.

Likely market impact

This is a sizeable contract win that meaningfully boosts Ramky Infrastructure's order book and provides multi-year revenue visibility through both the construction and O&M phases. The government-backed client entity lowers counterparty risk and reflects continued public-sector investment in industrial corridor infrastructure.