Monarch Surveyors wins Rs 4.66 Cr Ratnagiri Municipal Council order
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.

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































