NACDAC Infrastructure Limited has announced receiving a Letter of Acceptance from Northern Railway's Ferozpur Division for railway infrastructure development works. The contract, dated March 03, 2026, represents a significant addition to the company's railway sector portfolio and demonstrates its capability in handling complex infrastructure projects.

Contract Overview

The awarded project focuses on "Augmentation of Homing Capacity at ELS/LDH from 200 to 300 Locomotives" at the Electric Loco Shed in Ludhiana. This infrastructure enhancement will contribute to improved operational efficiency and capacity expansion within the Northern Railway network.

Financial and Performance Requirements

The contract requires NACDAC Infrastructure to submit a performance guarantee equivalent to 5% of the contract value, amounting to ₹75,79,049.38. The company must provide this guarantee within 21 days from the Letter of Acceptance date. An earnest money deposit of ₹9,65,000 has been retained as initial security money, with additional security to be recovered from progressive bills at 6% until reaching 5% of the total contract value.

Project Execution Framework

The infrastructure augmentation project will enhance the locomotive homing capacity at the Electric Loco Shed from its current 200 units to 300 units. This expansion aligns with Indian Railways' modernization initiatives and capacity enhancement programs. The contractor must comply with various labour law provisions and register on the Shramik Kalyan portal within 15 days of the LOA issuance.

Company Profile and Capabilities

NACDAC Infrastructure Limited, established in 2012, specializes in construction and infrastructure development across multiple sectors. The company's expertise encompasses:

• Multi-story buildings and steel structures
• Bridge construction and allied civil works
• Electrical infrastructure including LT and HT systems
• Railway infrastructure projects

The company maintains ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, reflecting its commitment to quality management, environmental responsibility, and occupational health safety standards.

Strategic Impact

This contract award reinforces NACDAC Infrastructure's position in the railway infrastructure sector and supports the company's growth in government projects. The project contributes to the broader modernization of Indian Railways infrastructure while expanding the company's portfolio of technically complex assignments. The routine nature of this order aligns with the company's normal business operations without altering its existing business model or risk profile.

NACDAC Infrastructure Limited has announced robust financial results for the first half of fiscal year 2026, showcasing significant growth across key metrics. The civil construction and infrastructure development company reported a substantial increase in total income and profitability, reflecting strong project execution and an expanding order book.

Financial Highlights

NACDAC Infrastructure's performance for H1 FY26 demonstrates remarkable year-over-year growth:

The company's total income surged by 221.34% to ₹2,384.05 lakhs, while net profit jumped by 153.68% to ₹206.67 lakhs compared to the same period last year. Earnings per share (EPS) also saw a significant increase of 84.91% to ₹1.96.

Operational Highlights

NACDAC Infrastructure attributes its strong performance to several key factors:

• Project Execution: The company reported steady progress across various projects, including multi-storey buildings, electrical works (LT/HT), steel structures, and bridge construction.
• Order Book Expansion: New project wins in railways, warehousing, and institutional infrastructure sectors have contributed to a growing and diversified order book.
• Geographic Expansion: NACDAC has expanded its presence across five states, supported by a growing client base in both government and private sectors.
• Current Order Book: The company's current order book stands at ₹90-95 crores, with 70% of projects coming from government contracts.
• Projects Under Evaluation: NACDAC has ₹150 crores worth of projects currently under evaluation, indicating potential for future growth.

Management Commentary

Mr. Hemant Sharma, Chairman & Managing Director of NACDAC Infrastructure, commented on the results: "We delivered a strong performance in H1 FY26, supported by accelerated project execution and robust demand for civil and structural infrastructure solutions. The significant growth across Total Income, EBITDA, and Net Profit reflects our execution capabilities, expanding order book, and strong relationships with government departments and private clients."

Future Outlook

With a healthy project pipeline and growing credentials in large-scale infrastructure projects, NACDAC Infrastructure appears well-positioned for continued growth. The company's focus on strengthening machinery capacity, enhancing project management systems, and expanding its presence across multiple states is expected to support future performance.

IPO Fund Utilization

NACDAC Infrastructure, which went public in December 2024, has provided an update on the utilization of its IPO proceeds:

The company has utilized 96% of the funds raised through its IPO, with the remaining amount invested in fixed deposits.