Monarch Surveyors & Engg. Consultants has announced a significant new contract, marking a positive development for the company's business operations. The details of this contract are as follows:

Contract Details

Project Objectives

The contract encompasses several key objectives:

1. Creation of GIS-Based Basemap
2. Door-to-Door Property Tax Assessment Survey of All Properties
3. Supply, installation, implementation, and integration of offline response QR code solution
4. Assistance in tax assessment process
5. Provision of all required data in prescribed format

Impact and Timeline

Monarch Surveyors & Engg. Consultants expects this contract to have a positive impact on its business operations. The company has stated that work on the project will commence immediately, in accordance with the terms of the contract.

This development showcases Monarch Surveyors' capabilities in providing advanced technological solutions for municipal governance and tax assessment. The implementation of GIS-based systems and QR code solutions demonstrates the company's alignment with modern digital initiatives in urban management.

The successful execution of this project could potentially strengthen Monarch Surveyors' position in the market for municipal technological solutions.

Monarch Surveyors & Engg. Consultants , a recently listed company on the BSE SME platform, has reported robust financial results for the first half of the fiscal year. The company, which specializes in infrastructure consulting services, has shown significant growth in both revenue and profitability.

Financial Highlights

For the first half, Monarch Surveyors reported:

All financial figures in Rs. lakhs, except EPS in Rs.

The company's total income increased by 45% to Rs. 7,479.28 lakhs, while profit before tax rose by 55% to Rs. 2,012.11 lakhs.

Order Book and Project Pipeline

Monarch Surveyors maintains a robust order book of Rs. 520 crores, with projects spanning 12-36 months across various infrastructure segments. The company's services include:

• Land acquisition (20-25% of order book)
• Detailed Project Reports (DPR) for roads (25-30%)
• Railway segment projects (10-15%)
• Geospatial services
• Water sector projects
• Transmission line projects

Operational Highlights

• The company has expanded its presence to 22 states, with offices in Delhi, Guwahati, and plans to open new offices in Ahmedabad and Nashik.
• Monarch is exploring international opportunities, having recently attended technology summits and seminars in Riyadh.
• The employee base has grown from around 500 to over 630.

Management Commentary

Dattatraya Karpe, Managing Director of Monarch Surveyors, stated, "Our first set of results post-listing reflects our strong operational discipline and consistent project execution. The listing has strengthened our visibility, credibility, and financial capability, and we remain committed to driving sustainable growth."

Sunil Kokare, Business Head, added, "We are seeing strong demand from both government and private sector clients. Our focus remains on project quality, on-ground execution excellence, and adopting digital engineering practices to ensure precision and timely delivery."

Future Outlook

The management expressed confidence in the company's growth prospects, citing government initiatives in infrastructure development, particularly in the road and railway sectors. They also highlighted geospatial services as a potential growth driver for the next three years.

Monarch Surveyors aims to maintain its strong performance by:

1. Accelerating execution across railway, road, and other infrastructure projects
2. Expanding international outreach through targeted partnerships
3. Enhancing operational excellence with cross-provincial ticketing systems and KPI-driven performance culture
4. Investing in advanced technologies such as LiDAR, Drone Surveying, and Digital Modelling

As Monarch Surveyors continues to capitalize on the growing infrastructure sector, investors will be watching closely to see if the company can maintain its impressive growth trajectory in the coming quarters.