BSESanmit Infra LtdMediumPositive
Announced Thu, 19 Feb · 17:48 IST

Enclosed herewith Eighth significant Work Order of 200000 SQMT Micro Surfacing Work at Nagothane Road Project for M/s. P. P. Kharpatil Constructions Pvt. Ltd.

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AI summary

Sanmit Infra Ltd has secured its eighth significant work order for Micro Surfacing work covering 200,000 square metres at the Nagothane Road Project. The order, valued at Rs. 2,83,20,000 (about Rs. 2.83 crore, including 18% GST), was awarded by M/s. P. P. Kharpatil Constructions Pvt Ltd. Sanmit's scope includes providing machinery, manpower, materials (emulsion, cement, additives), fuel, QC/QA, supervision, and execution of micro surfacing works. The contract runs from March 1, 2026 to April 30, 2026 (about two months), with a 24-month defect liability period and 5% retention. The order is domestic, not a related party transaction, and the promoter group has no interest in the awarding entity.

Likely market impact

This adds another order to Sanmit Infra's order book, but at Rs. 2.83 crore over a short two-month window, the immediate revenue impact is modest. Securing eight significant orders signals active order inflow from the client's project pipeline, which is positive for business visibility.