UMIYA BUILDCON LIMITED has informed the Exchange regarding 'Chairman and Managing Director s outlook on the Company'.
UMIYA-MRO · price
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Umiya Buildcon (formerly MRO-TEK Realty) shared its Chairman's strategic outlook at the July 8, 2025 Board Meeting. The company completed a ₹40.5 crore asset monetisation by selling its Electronics City property to fund growth in real estate and telecom verticals. It launched 'Umiya Bricklane,' a RERA-approved boutique residential project at Candolim Beach in Goa, and is planning uber-luxury villa projects in Benaulim (Goa) and North Bangalore. On the telecom side, the company developed an indigenous 1G network switch with Copyright/IPR certification and is targeting 10G and 40G products. The Pondicherry government issued an additional order for 54 sites for its Unified Threat Manager (UTM) device, and a defence network device built for a large international defence manufacturer was successfully tested in Army field trials at high altitude and sub-zero conditions.
The outlook signals diversification into real estate and defence alongside the core telecom business, supported by ₹40.5 crore in fresh capital from the asset sale. Confirmed government follow-on orders (Pondicherry SWAN) and potential defence tender wins could materially boost revenue, but execution of new projects remains the key thing for shareholders to watch.