Monarch Surveyors wins Rs 4.66 Cr Ratnagiri Municipal Council order

1 min read     Updated on 18 Jul 2026, 07:51 PM
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Monarch Surveyors & Engineering Consultants Limited secured a ₹4.66 crore order from Ratnagiri Municipal Council for Integrated GIS-Based Urban Spatial Data Development. The project involves base map preparation, existing land use mapping, underground utility mapping, and development plan preparation as per the MRTP Act 1966. The disclosure was made to BSE on July 18, 2026, under Regulation 30 of the SEBI (LODR) Regulations, 2015.

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Monarch Surveyors & Engineering Consultants Limited has secured a new work order valued at ₹4.66 crore from the Ratnagiri Municipal Council for Integrated GIS-Based Urban Spatial Data Development. The contract encompasses base map preparation, existing land use mapping, underground utility mapping, and development plan preparation as per the MRTP Act 1966. This engagement is expected to positively impact the company's business operations, with work set to commence immediately under the terms of the Letter of Acceptance. This development follows a previous order from the Office of the District Superintendent of Land Records, Parbhani, valued at ₹4.36 crore, which was disclosed on July 15, 2026.

The disclosure regarding the Ratnagiri order was submitted to BSE Limited on July 18, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the transaction does not fall within related party transactions and that the promoter group has no interest in the work contract. The project is a domestic engagement subject to necessary approvals from governmental authorities.

Contract Details

The agreement outlines the scope of work and financial considerations for the project. The following table summarizes the key particulars of the contract:

Particulars Details
Name of Client Ratnagiri Municipal Council, Ratnagiri
Nature of Contract Consultancy Appointment of Agencies for Integrated GIS-Based Urban Spatial Data Development including Base Map preparation, Existing Land Use, Underground Utility Mapping and Development Plan Preparation as per MRTTP Act 1966
Total Contract Amount ₹4,66,25,976 /-
Consideration Type Cash Consideration
Geographic Scope Domestic
Timeline Work to commence immediately; completion as per contract terms

The Managing Director, Dattatraya Mohaniraj Karpe, signed the disclosure confirming the receipt of the order. The information has been made available on the company's official website.

Historical Stock Returns for Monarch Surveyors & Engg. Consultants

1 Day5 Days1 Month6 Months1 Year5 Years
+0.40%-0.53%-2.91%+17.77%-30.98%-43.78%

How will this order contribute to Monarch Surveyors' revenue growth for the current fiscal year?

What is the expected timeline for project completion and revenue recognition from this contract?

Could this contract lead to additional opportunities with other municipal councils for similar GIS-based projects?

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Monarch Surveyors wins Rs 1.23 Cr order from Maharashtra Maritime Board

1 min read     Updated on 29 Jun 2026, 08:04 PM
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Monarch Surveyors & Engg. Consultants secured a Rs 1.23 crore order from Maharashtra Maritime Board for designing a groynes style dyke, jetty, and approach road in Alibaug. The domestic contract, valued at Rs 1,23,40,000, is not a related party transaction and involves cash consideration. Work is subject to governmental approvals and will commence immediately.

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Monarch Surveyors & Engg. Consultants has secured a new order worth Rs 1.23 crore from the Maharashtra Maritime Board for designing infrastructure in Alibaug, Raigad. The project involves the construction of a groynes style dyke, jetty, and approach road for Akshi Sakhar. This order expands the company's presence in the coastal infrastructure sector within the domestic market.

The contract, confirmed via a Letter of Acceptance dated June 29, 2026, has a total value of Rs 1,23,40,000. The transaction is domestic in nature and does not fall under related party transactions. The promoter group has no interest in the work contract, and the consideration will be made through cash payment mechanisms.

Project Details

The scope of work includes designing and constructing the groynes style dyke, jetty, and approach road. The execution of the work is subject to necessary approvals from relevant governmental authorities. Work is scheduled to commence immediately, with the estimated completion timeline to be determined as per the contract terms.

Contract Overview

Particulars Details
Client: Maharashtra Maritime Board
Project Scope: Designing Groynes Style Dyke, Jetty and Approach Road Construction for Akshi Sakhar
Location: Alibaug Taluka, Raigad, Maharashtra
Contract Value: Rs 1,23,40,000
Nature of Transaction: Domestic
Consideration: Cash

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has been disseminated to the stock exchanges and is available on the company's official website.

Historical Stock Returns for Monarch Surveyors & Engg. Consultants

1 Day5 Days1 Month6 Months1 Year5 Years
+0.40%-0.53%-2.91%+17.77%-30.98%-43.78%

How will this new order impact Monarch Surveyors' revenue projections for the current fiscal year?

Does this contract signal a strategic shift towards coastal infrastructure projects for the company?

What are the potential risks associated with securing necessary governmental approvals for the project?

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