Goel Construction Company Limited has announced a significant business development, securing a substantial contract from the Aditya Birla Group. The company has been awarded a ₹173.25 crore (excluding taxes) service order for executing civil works at Aditya Birla Group's Pali Cement Works Unit in Rajasthan.

Contract Details

Project Significance

This contract represents a notable achievement for Goel Construction Company, strengthening its position in the construction sector and its relationship with one of India's major industrial conglomerates. The project involves critical civil works at a cement manufacturing facility, showcasing Goel Construction Company's capabilities in handling complex industrial projects.

Company Disclosure

In compliance with regulatory requirements, Goel Construction Company has made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that this contract does not involve any related party transactions and that there is no interest from the promoter/promoter group in the entity awarding the contract.

Market Impact

This substantial order is likely to have a positive impact on Goel Construction Company's order book and future revenue projections. It also demonstrates the company's ability to secure large-scale projects from reputed industrial groups, which may enhance its market position and investor confidence.

As the construction sector plays a crucial role in India's infrastructure development, such significant contract wins by companies like Goel Construction Company are indicative of ongoing industrial growth and investment in the country's manufacturing capabilities.

Goel Construction Company has announced its unaudited financial results for the half-year ended September 30, 2025, reporting a profit of ₹16.70 crores. The company achieved a record order book of ₹1,153.00 crores, expanding significantly from ₹438.00 crores as of March 31, 2025.

Financial Performance

The company's financial results for H1 FY2026 show:

Revenue from operations decreased by 9.8% year-on-year to ₹245.00 crores, primarily due to execution impact from prolonged monsoons. However, the company showed improved profitability with the adjusted EBITDA margin rising 66 basis points to 10.0% and PAT margin improving 65 basis points to 6.8%.

Order Book and New Contracts

Goel Construction Company's order book expanded significantly to ₹1,153.00 crores as of September 30, 2025, up from ₹438.00 crores on March 31, 2025. The company received new orders worth ₹324.00 crores in the current financial year.

Key highlights include:

• Secured its largest single order of ₹260.00 crores from Adani Group
• Added Ambuja Cement as a new client

Future Outlook

Goel Construction Company aims to:

• Execute works worth ₹1,200.00-1,500.00 crores over the next 18 months
• Expand into structural and mechanical works
• Diversify its customer base into power and other industrial segments

Management Commentary

The company's management expects execution to gain momentum in the second half of FY 2026, supported by the record-high order book. They highlighted improved project execution efficiency and better cost control as factors contributing to the improved EBITDA and PAT margins.

Investors and stakeholders should note that while the company's performance shows resilience, future results may be subject to various factors including project execution timelines, market conditions, and broader economic trends.