Vishnu Prakash R Punglia Limited Reports Robust ₹5,000 Crore Order Book and Strong H1 Performance

Vishnu Prakash R Punglia Limited has announced strong operational performance with a robust order book of approximately ₹5,000 crore, demonstrating the company's solid market position in the infrastructure sector. The engineering, contracting and design company reported achieving a turnover of approximately ₹570 crore in the first half of the financial year, with expectations of improved performance in the second half.

Diversified Order Book Portfolio

The company's order book reflects a well-balanced portfolio across multiple infrastructure segments, reducing dependency on any single sector and ensuring operational stability.

Project Category	Value (₹ Million)	Percentage
Water Supply Projects	28,641	57.27%
Railway Projects	16,267	32.53%
Road & Civil Projects	5,103	10.20%
Total	50,011	100%

Water supply projects constitute the largest segment at 57.27% of the total order book, followed by railway projects at 32.53%, while road and civil projects account for 10.20% of the portfolio.

Railway Project Termination Update

The company received a termination notice from North Western Railway regarding the Jaipur-Sawai Madhopur Doubling Project contract. In response, Vishnu Prakash R Punglia Limited has filed a writ petition before the High Court of Rajasthan, Jaipur, seeking revocation of the termination.

Parameter	Details
Project Value	₹160 crore
Percentage of Total Order Book	Just over 3%
Legal Status	Writ petition filed
Court	High Court of Rajasthan, Jaipur

The company maintains that it has been fully committed to project execution and attributes delays to pending inputs, approvals, and infrastructure support from the department. The matter is currently sub judice, with the company expressing optimism for a favorable outcome.

Financial Impact Assessment

The terminated project represents an insignificant portion of the company's overall order book at just over 3%. Management expects no significant adverse impact on the company's financial position, operational performance, or execution pipeline due to this termination.

Strategic Focus Areas

The management has outlined key focus areas for continued growth and value creation:

Timely execution of existing projects
Operational efficiency improvements
Maintaining financial discipline
Sustainable value creation for stakeholders

The company continues actively bidding for new projects aligned with its growth objectives and remains confident in its long-term strategy and execution capabilities. With strong revenue visibility from the diversified order book, Vishnu Prakash R Punglia Limited is positioned to deliver consistent performance across multiple infrastructure segments.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.59%	-4.44%	-35.52%	-74.04%	-81.66%	-67.09%

Vishnu Prakash R Punglia Limited has received a contract termination notice from North Western Railway regarding the Jaipur-Sawai Madhopur Doubling Project. The company made this disclosure on January 14, under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Contract Details and Scope

The terminated contract encompassed extensive railway infrastructure development work between Jaipur-Chaksu stations, spanning from Km 131.270 to Km 87.60. The project scope included multiple components of railway construction and development.

Work Component:	Details
Earthwork:	Filling/cutting in formation and blanketing
Infrastructure:	Station buildings with electrical and S&T structures
Platforms:	Passenger/goods platforms and platform shelters
Connectivity:	Foot over bridges and passenger amenities
Facilities:	Staff quarters, LHS/RUBs, minor bridges
Additional Work:	Retaining walls, toe walls, pitching work

Termination Notice Details

The company received the termination communication on January 13 from North Western Railway. According to the notice, the contract stands rescinded, and the remaining work will proceed independently without the company's participation.

Parameter:	Details
Communication Type:	Termination Notice
Receipt Date:	January 13
Issuing Authority:	North Western Railway
Contract Status:	Rescinded

Financial Impact and Market Response

The termination carries significant financial implications for Vishnu Prakash R Punglia Limited. The anticipated financial impact amounts to ₹8.87 crore (88.70 million rupees), representing the forfeiture of performance guarantee and security deposit.

Financial Impact:	Amount
Expected Financial Impact:	₹8.87 crore (88.70 million rupees)
Performance Guarantee:	Subject to forfeiture
Security Deposit:	Subject to forfeiture
Share Price Performance:	₹49.60 (+0.87%)

Despite the contract termination news, shares of Vishnu Prakash R Punglia Limited closed at ₹49.60, up ₹0.43 or 0.87% in the trading session.

Legal Response

In response to the termination notice, the company has initiated legal proceedings to challenge the railway authority's decision. On January 14, Vishnu Prakash R Punglia Limited filed a writ petition along with a stay application in the Rajasthan High Court, Jodhpur.

The legal remedy seeks two primary objectives:

Quashing the contract rescission order
Preventing the department from encashing the bank guarantee

The company's swift legal response demonstrates its intention to contest the termination and protect its financial interests in the disputed contract matter.