Nacdac Infrastructure wins Rs 13.46 crore order from Uttarakhand Jal Nigam

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Reviewed by
Ritika DScanX News Team
Key Highlights
  • Nacdac Infrastructure secured a Rs 13.46 crore order from Uttarakhand Pey Jal Sansadhan Vikas Evam Nirman Nigam.
  • The contract covers extra items for Bus Terminal and Workshop Building construction in Ramnagar, Uttarakhand.
  • Execution timeline for the new order extends up to March 2027.
  • The company also holds recent orders from Godrej Properties (Rs 3.342999 crore) and Northern Railway (Rs 6.22 crore).
  • Trailing twelve-month consolidated revenue stands at 0.0 Cr, while standalone FY26 revenue growth was +32.6%.
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Nacdac Infrastructure has received a significant order worth Rs 13.46 crore from the Uttarakhand Pey Jal Sansadhan Vikas Evam Nirman Nigam (Construction Wing), Haldwani, Uttarakhand. This new award is materially larger than the company's previous recent disclosures.

ORDER DETAILS AND SCOPE

The contract pertains to the sanction of extra items under an existing contract for the construction of a Bus Terminal and Workshop Building at U.T.C., Ramnagar, District Nainital, Uttarakhand. The scope of work includes civil, plumbing and drainage, fire-fighting, electrical, lighting, air-conditioning, ventilation, and pumping works. The execution timeline extends up to March 2027. The order was disclosed to the exchange on 31.07.2026.

COMPANY ORDER TRACK RECORD

The company has seen consistent order inflows across different entity types in the recent period. The following table summarizes the order history including the latest disclosure:

Date Awarding Entity Order Value (Rs Cr) Classification Terms
2026-07-31 Uttarakhand Pey Jal Sansadhan Vikas Evam Nirman Nigam 13.46 Significant Extra items for Bus Terminal and Workshop Building at U.T.C., Ramnagar
2026-09-10 Godrej Properties Limited 3.342999 Significant Site Civil Infra Works at Godrej DMIC
2026-07-01 Northern Railway, Moradabad Division 6.22 Significant Improvement of circulating area, Facade, Parking, platform, Electrical Sub Station and Parcel Office at Roorkee station

Q2FY27 (Jul-Sep 2026) Summary:

  • Total Order Inflow: Rs 9.56 crore (Note: Pre-computed summary excludes the July 31st order dated prior to the Sep 10th disclosure window or reflects specific quarterly aggregation logic provided in source data)
  • Order Count: 2 (As per pre-computed summary for Q2FY27 distinct entities listed: Godrej Properties Limited, Northern Railway, Moradabad Division)

Note: The pre-computed quarterly summary lists Q2FY27 inflow as Rs 9.56 crore with 2 orders. The newly disclosed order dated 31.07.2026 falls within this quarter but is not included in the provided pre-computed total, suggesting the summary may reflect data available prior to this specific filing or uses different aggregation criteria.

FINANCIAL CONTEXT

The order value of Rs 13.46 crore is significant relative to the company's market capitalization of ₹23.68 Cr as of 28 Sep 2026. The company operates in the Construction sector with an SME classification. Recent financials indicate zero revenue and zero net profit in the trailing twelve months on a consolidated basis. Standalone revenue growth has been positive in recent fiscal years, with FY26 revenue growth recorded at +32.6%.

Metric Value
Market Cap (as of 28 Sep 2026) ₹23.68 Cr
Stock P/E (as of 28 Sep 2026) 5.5x
ROCE (FY26) 23.85%
ROE (FY26) 15.42%
Trailing 12-Month Revenue 0.0 Cr

KEY OBSERVATIONS

  • Order Magnitude: The Rs 13.46 crore order is the largest disclosed by the company in the recent period, exceeding the Rs 6.22 crore Northern Railway order and the Rs 3.342999 crore Godrej Properties order.
  • Entity Diversity: The company continues to secure orders from diverse entities, including government bodies like the Uttarakhand Jal Nigam and Northern Railway, as well as private developers like Godrej Properties.
  • Execution Timeline: The long execution period extending to March 2027 suggests a multi-year revenue recognition profile for this specific project.

Historical Stock Returns for NACDAC Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
+6.48%+2.22%-3.64%-13.53%-43.83%-67.06%
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Nacdac Infrastructure publishes AGM notice for Sept 29 meeting

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Nacdac Infrastructure published its 14th AGM notice on September 6, 2026
  • The meeting is scheduled for September 29, 2026, via VC/OAVM
  • Shareholders will vote on revised remuneration ceilings for top management
  • E-voting runs from September 26 to September 28, 2026
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Nacdac Infrastructure has published the notice for its 14th Annual General Meeting (AGM) scheduled for Tuesday, September 29, 2026. The Ghaziabad-based firm will hold the meeting via Video Conferencing or Other Audio-Visual Means (VC/OAVM).

The company confirmed the publication of the AGM notice in newspapers on September 6, 2026, in compliance with SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations. The notice was published in Financial Express (English) and Jansatta (Hindi).

AGM Logistics

Central Depository Services (India) Limited (CDSL) serves as the remote e-voting agency. M/s. Anu Malhotra and Associates, Practicing Company Secretaries, act as the Scrutinizer.

Key dates for shareholders are as follows:

Event Date Time
Cut-off date for voting eligibility September 22, 2026 N/A
Remote e-voting period September 26–28, 2026 9:00 am – 5:00 pm
AGM Date September 29, 2026 4:00 pm

The Directors' Report and Annual Report for FY26 are available on the company’s official website. Members holding shares in dematerialized form as of the cut-off date may cast votes electronically. Those holding physical shares must update their email IDs with the Registrar and Transfer Agent.

Management Changes

The board recommended the re-appointment of Mr. Ashish Saxena as Whole Time Director. He retires by rotation at the ensuing AGM and has offered himself for re-appointment. Saxena brings over 12 years of experience in project execution, site engineering, and construction management, having been with the company since its incorporation in 2018.

Remuneration Revisions

The board recommended revisions to the remuneration ceilings for two key executives, effective August 1, 2026, subject to shareholder approval via Special Resolution at the AGM.

Executive Designation Previous Ceiling (Monthly) Revised Ceiling (Monthly) Annual Ceiling
Hemant Sharma Chairman & Managing Director ₹1,60,000 ₹2,65,000 ₹31,80,000
Ashish Saxena Whole Time Director ₹1,05,000 ₹2,05,000 ₹24,60,000

Hemant Sharma, who holds degrees in Civil Engineering, Business Management, Law, and Cooperative Management, serves as the Chairman & Managing Director. His monthly remuneration ceiling increases by ₹1,05,000. Saxena’s monthly ceiling rises by ₹1,00,000.

Historical Stock Returns for NACDAC Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
+6.48%+2.22%-3.64%-13.53%-43.83%-67.06%

How might the significant increase in remuneration ceilings for Hemant Sharma and Ashish Saxena impact Nacdac Infrastructure's operating margins and profitability in FY27?

What specific strategic initiatives or expansion plans is the management likely to pursue that justify the proposed 65% and nearly 100% hikes in executive compensation?

Given the re-appointment of the Whole Time Director, what are the company's projected growth targets for project execution and site engineering capabilities over the next fiscal year?

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1 Year Returns:-43.83%