Inventory in focus after bagging an order price ₹ 75.43 Cr for Water Pumping Methods

The shares of an Electrical Engineering Firm that makes a speciality of Photo voltaic PV Module manufacturing, Photo voltaic Methods and Allied Providers, Electrical Contracting, and Water Provide Scheme Tasks are in focus following the corporate securing an order valued at Rs 75.43 Crore from Maharashtra State Electrical energy Distribution Firm Ltd.

Value Motion

The share of Ganesh Inexperienced Bharat Ltd, with a complete market capitalization of Rs 942.44 Crore, reached an Intraday excessive of Rs 384 per share, gaining round 2 % in at present’s commerce. As of 11:00 am, the shares retreated and have been buying and selling on a flatter pattern at Rs 378.50 per share as in opposition to the earlier closing worth of Rs 377.35. 

Concerning the Order

In accordance with a press launch dated March 7, 2025, the corporate introduced that it has acquired the Letter of Empanelment and Charge Contract from Maharashtra State Electrical energy Distribution Firm Ltd.

The contract includes designing, manufacturing, supplying, transporting, putting in, testing, and commissioning Off-Grid DC Photo voltaic Photovoltaic Water Pumping Methods with capacities of three HP, 5 HP, and seven.5 HP. This consists of offering a whole system guarantee in addition to restore and upkeep for 5 years as a part of the Magel Tyala Saur Krushi Pump Scheme. 

The full worth of the contract is Rs 75.43 Crore, with the undertaking overlaying the complete state of Maharashtra.

Earlier Orders  

In January 2025, the corporate acquired a piece order from Solberry Power Pvt Ltd in Gujarat for the provision of fifty MW of Photo voltaic PV Panel modules, with a complete order worth of Rs 78.79 Crore. 

Moreover, in February 2025, the corporate secured a Letter of Award from NTPC Vidyut Vyapar Nigam Ltd for the event of 7131 KW Grid-Linked Rooftop Photo voltaic Tasks at numerous places of the Central Armed Forces and Departments below the Ministry of House Affairs, Zone 1, with a complete order worth of Rs 33.03 Crore.

Financials

The corporate’s income from operations elevated by 135 % YoY from Rs 58.73 Crore in H1FY24 to Rs 137.83 Crore in H1FY25. Their Internet Earnings grew by 92 % from Rs 6.79 Crore to Rs 13.07 Crore over the identical interval. 

Shopper Base

The corporate serves key Marquee prospects like Rajasthan Renewable Power Company Ltd, Gujarat Power Improvement Company, Ahmedabad Municipal Company, Jharkhand Renewable Power Improvement Company, Jaipur Vidhyut Vitaran Nigam Ltd, Gujarat Industrial Improvement Company, and extra. 

About Ganesh Inexperienced Bharat Ltd

Ganesh Inexperienced Bharat Ltd is engaged within the enterprise {of electrical} contracting servicing. They supply numerous companies like the provision, set up, testing, and commissioning (SITC) of photo voltaic and electrical items and companies to varied authorities our bodies. Ganesh Inexperienced Bharat Ltd has accomplished tasks below a number of authorities schemes, just like the Saubhagya Scheme, KUSUM Scheme, and many others.

Written By Adhvaitha Nayani