Cash Ur Drive Marketing wins ₹3.29 Cr order for OOH campaigns
Cash Ur Drive Marketing Limited secured work orders worth ₹3.29 Cr for domestic OOH advertising campaigns. The orders, to be executed in approximately one month, are expected to enhance the order book and revenue visibility.
*this image is generated using AI for illustrative purposes only.
Cash Ur Drive Marketing Limited has secured multiple work orders worth approximately ₹3.29 Cr for the execution of Out-of-Home (OOH) advertising campaigns across various locations in India. The receipt of these orders is expected to enhance the company's order book, strengthen revenue visibility, and contribute positively to its business growth and financial performance.
The orders have been awarded by a domestic entity, though the name of the customer has not been disclosed due to commercial confidentiality. The nature of the contract involves the execution of OOH advertising campaigns, with a stipulated time period for execution of approximately one month.
The total broad consideration for the orders stands at approximately ₹3,29,32,030, inclusive of applicable Goods and Services Tax (GST). The company confirmed that the promoter, promoter group, or group companies do not have any interest in the entity that awarded the orders. Furthermore, the company stated that these transactions do not fall within related party transactions.
Key Order Details
| Particulars | Details |
|---|---|
| Nature of Order | Out-of-Home (OOH) Advertising Campaign |
| Entity Type | Domestic Entity |
| Execution Period | Approximately 1 Month |
| Order Value | Approx. ₹3,29,32,030 (inclusive of GST) |
| Promoter Interest | No |
| Related Party Transaction | No |
The intimation was made to the National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Gagan Mahajan, Company Secretary & Compliance Officer, signed the disclosure on behalf of cash ur drive marketing .
Historical Stock Returns for Cash Ur Drive Marketing
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.00% | -5.94% | -9.00% | +38.54% | +5.59% | +5.59% |
How will this short-term order impact the company's quarterly revenue and profit margins?
Does this order indicate a shift in strategy towards securing more domestic contracts?
What are the company's plans for expanding its OOH advertising footprint in the coming months?
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