Conart Engineers Secures Rs. 21.67 Crore Contract for Rubber Plant Construction

Conart Engineers Limited , a company specializing in construction engineering, has announced a significant new project in its portfolio. The company has secured a contract worth Rs. 21.67 crores from Styrenix Performance Materials Limited for the construction of a rubber plant facility in Nandesari, Vadodara, Gujarat.

Project Details

Aspect	Details
Project Type	Civil and structure work for 27KT rubber plant facility
Client	Styrenix Performance Materials Limited
Location	Nandesari, Vadodara, Gujarat
Contract Value	Rs. 21.67 crores
Project Duration	24 months
Commencement	November 2025

Scope of Work

The project involves comprehensive civil and structure work for the entire rubber plant facility. This underscores Conart Engineers' capability to handle large-scale industrial construction projects, particularly in the manufacturing sector.

Company Disclosure

In line with regulatory requirements, Conart Engineers has made several key disclosures:

The order is from a domestic company.
The promoters of Conart Engineers have no interest in Styrenix Performance Materials Limited.
The contract does not fall under related party transactions.

Insider Trading Precautions

As part of its commitment to regulatory compliance, Conart Engineers has implemented a trading window closure for insiders and designated persons. This closure will be in effect for 48 hours following the announcement, in accordance with the Securities and Exchange Board of India (SEBI) regulations on insider trading.

This new contract represents a significant addition to Conart Engineers' project pipeline, potentially contributing to the company's revenue stream over the next two years. It also highlights the ongoing industrial development in Gujarat, particularly in the chemical and rubber manufacturing sectors.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.25%	-10.14%	-0.12%	+4.40%	-14.34%	+679.73%

Conart Engineers Limited , a construction engineering firm, has reported a significant increase in its financial performance for the first quarter. The company's unaudited financial results, approved by the Board of Directors on July 31, 2025, reveal substantial growth in both revenue and profitability.

Financial Highlights

Metric	Q1 FY2026	Q1 FY2025	Change
Net Profit	Rs. 71.90 lakh	Rs. 29.90 lakh	140.47%
Total Income	Rs. 1,578.66 lakh	Rs. 1,001.95 lakh	57.56%
Income from Operations	Rs. 1,477.72 lakh	Rs. 991.97 lakh	48.97%
Earnings Per Share (EPS)	Rs. 1.14	-	-

Operational Performance

The company's financial results demonstrate robust growth across key metrics. The substantial increase in net profit and total income indicates strong operational performance and improved market conditions in the construction sector.

Expense Management

Total expenses for the quarter stood at Rs. 1,448.01 lakh. The largest component of expenses was construction costs, amounting to Rs. 468.84 lakh, reflecting the company's core business activities.

Segment Information

Conart Engineers Limited operates solely in the construction activity segment, as confirmed in their financial statement.

Corporate Governance

The Board meeting was held on July 31, 2025, where directors approved the unaudited financial results. The company has reported no defaults on loans or debt securities, underscoring its financial stability.

Conclusion

Conart Engineers Limited's strong start to the quarter with a 140.47% increase in net profit and a 57.56% rise in total income indicates positive momentum for the company. As the construction sector continues to evolve, investors and stakeholders will likely keep a close eye on the company's performance in the coming quarters.

Note: All financial figures are based on the unaudited results for the quarter ended June 30, 2025, as reported by the company.