KP Green Engineering shares surged over 8% during Monday's trading session after the company announced securing its largest order to date worth ₹819 crores from Bharat Sanchar Nigam Limited (BSNL). At 11:12 a.m., shares were trading at ₹415.00 on BSE, up over 3% from the previous closing price of ₹402.35, with a market capitalisation of ₹2,075 crores.

Major Order Win Details

The company received advance work orders worth ₹819 crores from BSNL for telecom infrastructure works under the 4G Saturation Project/BOP-BIP. The order is structured across two geographical clusters:

Scope of Work and Contract Terms

Under both contracts, KP Green Engineering will undertake comprehensive telecom infrastructure development including:

• Supply and erection of Ground-Based Towers (GBT)
• Infrastructure-as-a-Service Provider (IaaSP) for supply and installation of allied telecom infrastructure
• Operations and maintenance (O&M) services for an initial period of 5 years, extendable by another 5 years

All work will be executed in line with BSNL's technical and project specifications. The company stated that these orders represent a significant milestone in its growth journey and meaningfully strengthen its executable order book while deepening its footprint in the telecom infrastructure and EPC segment.

Strong Financial Performance

KP Green Engineering has demonstrated robust financial growth in recent periods. The company's financial performance shows significant improvement:

As of H1 FY26, the company maintains an order book of ₹465 crores, which will be significantly enhanced by the new BSNL orders.

Manufacturing Capacity and Operations

The company operates with substantial manufacturing capabilities and expansion plans:

Business Profile

KP Green Engineering Limited, part of the KP Group, operates as a diversified engineering company engaged in multiple business segments including fabrication, galvanising, fault rectification, patrolling of optical fibre cables, site clearance work, solar roof-top installation, sale of solar electricity, EPC, mobile tower manufacturing, and turnkey services to the mobile and renewable energy industry.

The contracts reaffirm the company's capability to deliver large, complex, and geographically diverse public-sector projects, aligned with its strategy to scale participation in government-backed initiatives. Despite the recent positive development, the stock has delivered negative returns of around 8% over one year and has fallen nearly 1% in the last month.

KP Green Engineering has announced securing a major order worth ₹819.00 crores from Bharat Sanchar Nigam Limited (BSNL), representing a significant business development for the engineering company. The substantial contract award from India's state-owned telecommunications service provider marks an important milestone in the company's growth trajectory.

Order Details and Significance

The telecommunications infrastructure order demonstrates KP Green Engineering's established presence in the telecom sector and its ability to secure large-scale government contracts. The following table summarises the key parameters of this business development:

Market Position and Scale

With a current market capitalisation of ₹1,500.00 crores, this order represents a substantial portion of the company's market value, highlighting the significance of this contract win. The order from BSNL, India's largest government-owned telecommunications company, validates KP Green Engineering's technical capabilities and execution capacity in the telecommunications infrastructure domain.

Business Impact

This major contract award strengthens KP Green Engineering's order book substantially and reinforces its position as a key player in India's telecommunications infrastructure development. The partnership with BSNL, a leading telecommunications service provider, opens potential avenues for future collaboration and demonstrates the company's ability to handle large-scale government projects.

The order win reflects the ongoing infrastructure development initiatives in India's telecommunications sector and positions KP Green Engineering as a significant contributor to the country's digital infrastructure expansion.