WHAT HAPPENED

Chavda Infra has secured a confirmed work order worth Rs 54.72 crore from Weisdom Group. The contract covers core and shell construction of a proposed residential plus commercial building, Ample and Ampleton, at Kudasan, Gandhinagar, with a 24-month delivery timeline.

ORDER DETAILS

The latest order, disclosed to the exchange on 27 Aug 2026, involves the construction of the core and shell of the Ample and Ampleton building at Kudasan, Gandhinagar. The contract value is Rs 54.72 crore (exclusive of tax) and is classified as significant. The awarding entity is Weisdom Group, a domestic entity.

A prior order of Rs 54.72 crore was disclosed on 25 Aug 2026 from Weisdom Design Build LLP, a related domestic entity, for the construction of the core and shell of a proposed residential plus commercial building (five-star hotel) at Kudasani, Gandhinagar. That scope includes construction at all levels, covering 3 basements, ground floor, plinth, 1st to 20th floors, terrace slab, overhead tanks, lift rooms, underground tanks, retaining walls, sumps, and lift area.

Chavda Infra has thus received orders from two distinct domestic entities within the Weisdom group.

COMPANY ORDER TRACK RECORD

Note: The pre-computed quarterly summary reflects one confirmed order. The Weisdom Group order disclosed on 27 Aug 2026 is a separate filing from the same period and is detailed above.

ORDER IN FINANCIAL CONTEXT

With trailing twelve-month revenue reported at Rs 0.0 crore, standard book-to-bill metrics are not computable at this stage. The Rs 54.72 crore value from the latest filing represents a firm commitment for core and shell works at Kudasan, providing a baseline for future revenue recognition once mobilisation begins.

EXECUTION AND REVENUE QUALITY

The company's trailing twelve-month financials show zero revenue and zero net profit, indicating a period of minimal or no billable activity prior to these order wins. Without recent quarterly revenue data, it is not possible to assess margin quality or execution stress from past contracts.

WORKING CAPITAL AND EXECUTION CAPACITY

Balance sheet and cashflow data were not provided in the input to assess liquidity or working capital requirements. The 24-month construction timeline on the latest contract will require sufficient internal cash or credit lines to fund advance engineering and mobilisation costs.

KEY OBSERVATIONS

• Contract structure: Both orders are confirmed work orders. Revenue recognition will begin as per the percentage of completion method once work commences.
• Client concentration: Both disclosed orders originate from domestic entities within the Weisdom group, Weisdom Design Build LLP and Weisdom Group, highlighting concentrated client exposure.
• Valuation check (as of 27 Aug 2026): Stock P/E of 23.9x against ROCE of 26.83% (FY25). P/E is price-derived and will change; ROCE is from audited financials.
• Return ratios (FY25): ROCE of 26.83% and ROE of 18.79%.
• Revenue growth: Standalone revenue grew +9.0% in FY25, following +49.3% in FY24 and +47.5% in FY23.

Chavda Infra has secured a new order valued at ₹90 crore, marking a notable contract win for the SME-listed infrastructure company. The order represents a substantial business development, with its value equivalent to a significant portion of the company's current market capitalisation.

Key Order and Market Details

The following table summarises the key parameters associated with this development:

Order Significance

The secured order of ₹90 crore is particularly noteworthy in the context of Chavda Infra's market capitalisation of ₹260 crore. The contract win highlights the company's continued ability to attract sizeable business in the infrastructure segment. For an SME-listed entity, an order of this magnitude reflects meaningful operational activity and business momentum.

Company Overview

Chavda Infra operates as an SME-listed infrastructure company. The latest order addition reinforces the company's presence in the infrastructure contracting space and adds to its order book. The market capitalisation of ₹260 crore provides context for the scale of the business relative to the newly secured contract.