Ghv Infra Projects: Co Bags ₹815 Crore Epc Contract From Apco Infratech For Road Construction And Civil Works In Maharashtra
Ghv Infra Projects has won a significant ₹815 crore EPC contract from APCO Infratech for road construction and miscellaneous civil works in Maharashtra with a 30-month execution timeline. The contract boosts the company's order book from ₹9,300 crore to ₹11,400 crore, reflecting strong business momentum and enhanced revenue visibility in the infrastructure sector.

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Ghv Infra Projects Limited has secured a significant ₹815 crore Engineering, Procurement and Construction (EPC) contract from APCO Infratech Private Limited for road construction work and other miscellaneous civil works in Maharashtra. The company announced this major contract win through a regulatory filing dated April 15, 2026, strengthening its position in India's infrastructure development sector.
Contract Specifications
The comprehensive EPC contract involves execution of road construction work and other miscellaneous civil works in the state of Maharashtra. The project encompasses all activities necessary for project completion within the specified timeline.
| Parameter: | Details |
|---|---|
| Contract Value: | ₹815 crore (excluding taxes) |
| Client: | APCO Infratech Private Limited |
| Project Scope: | Road construction and miscellaneous civil works |
| Construction Period: | 30 months |
| Contract Type: | EPC (Engineering, Procurement & Construction) |
| Location: | Maharashtra |
| Client CIN: | U51432UP1992PTC013969 |
Order Book Growth and Financial Performance
The contract significantly strengthens Ghv Infra's order book, which has witnessed strong momentum, increasing from approximately ₹9,300 crore to around ₹11,400 crore including GST. This growth reflects robust project inflows and reinforces the company's healthy revenue visibility.
| Financial Metric: | Nine Months | Previous Year | Growth (%) |
|---|---|---|---|
| Revenue from Operations: | ₹40,195.13 lakh | ₹1,950.76 lakh | +1,960% |
| Profit Before Tax: | ₹4,008.07 lakh | ₹421.42 lakh | +851% |
| Profit After Tax: | ₹3,099.93 lakh | ₹316.42 lakh | +880% |
| Earnings Per Share: | ₹4.23 | ₹3.73 | +13.40% |
Regulatory Compliance and Corporate Details
The contract announcement was made through a formal regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. The filing was signed by Daksh Tulsibhai Mewada, Company Secretary & Compliance Officer, ensuring full transparency and compliance with market disclosure requirements.
| Regulatory Details: | Information |
|---|---|
| Filing Date: | April 15, 2026 |
| Regulation: | SEBI Regulation 30 |
| Company Scrip Code: | 505504 |
| Company Scrip ID: | GHVINFRA |
| Contract Nature: | Domestic EPC Contract |
| Related Party Transaction: | Not Applicable |
Strategic Impact
The project aligns with Maharashtra's infrastructure development initiatives and the government's focus on enhancing transportation connectivity across the state. Ghv Infra Projects' diversified portfolio spans highways, railways, bridges, industrial construction, buildings, energy projects, and coastal infrastructure, positioning the company as a comprehensive infrastructure solutions provider. The contract reinforces the company's capabilities in executing large and complex infrastructure projects with its integrated EPC expertise and strong execution track record.
How will Ghv Infra manage the execution risk of delivering this ₹815 crore project within the 30-month timeline given their dramatic revenue scale-up?
What impact could this contract have on Ghv Infra's working capital requirements and cash flow management over the next 2.5 years?
Will Ghv Infra need to raise additional capital or debt to fund the procurement and construction activities for this large-scale Maharashtra project?

































