Vishnu Prakash R Punglia reports ₹5,000 Crore Order Book amid Railway Project Dispute

Infrastructure construction major Vishnu Prakash R Punglia Limited announced it maintains a robust order book of approximately ₹5,000 crore, providing strong revenue visibility for sustained growth. The company has already achieved ₹570 crore turnover in the first half of FY26 and expects improved performance in the second half.

The diversified order book spans key sectors, ensuring stability and reducing single-sector dependency:

Key Water Supply Projects: ₹2,864 crore (57.27%)

Key Railway Projects: ₹1,627 crore (32.53%)

Road & Civil Projects: ₹510 crore (10.20%)

Railway Project Termination Notice

The company recently received a termination notice from North Western Railway for the Jaipur-Sawai Madhopur Doubling Project (order value ~₹160 crore). Vishnu Prakash has filed a writ petition in Rajasthan High Court, Jaipur, seeking revocation of the termination.

The company asserts delays were due to pending inputs, approvals, and infrastructure support from the railway department, maintaining full commitment to project execution. With the matter sub-judice, Vishnu Prakash remains optimistic about a favorable court outcome.

Minimal Financial Impact

The company emphasized the terminated project's insignificant impact:

₹160 crore = just 3% of ₹5,000 crore total order book

No material effect on financial position or operations

Strong diversified pipeline across water, rail, and roads remains intact

Vishnu Prakash R Punglia reaffirmed focus on timely project execution, operational efficiency, financial discipline, and sustainable stakeholder value. The infrastructure specialist continues actively bidding for new projects aligned with growth objectives.

With a balanced sector mix and substantial order book, the company expresses confidence in its long-term execution capabilities and revenue momentum despite isolated project challenges.

Shares of Vishnu Prakash R Punglia Limited was last trading in BSE at Rs. 46.26 as compared to the previous close of Rs. 49.26. The total number of shares traded during the day was 555697 in over 2496 trades.

The stock hit an intraday high of Rs. 49.37 and intraday low of 45.17. The net turnover during the day was Rs. 26343432.00.

Source : Equity Bulls

Keywords

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