Production Started Cement and Construction NSE: 13521165 ·

Bondada Engineering Commissions 107.7 MWp Solar Projects; Eyes 1.5 GWp FY27 Target

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Bondada Engineering Commissions 107.7 MWp Solar Projects; Eyes 1.5 GWp FY27 Target

Bondada Engineering Ltd (543971) — Production Started · 13521165

Solar Capacity

107.7 MWp

Commissioned April 2026

Market Cap

₹3,892.31 Cr

Mid-range Performer

Revenue TTM

₹2,634.94 Cr

Annual Operating

ROE Annual

30.25%

Efficiency Metric

! Key Highlights

  • Successfully commissioned 107.7 MWp of solar capacity during April 2026
  • Executed projects for major clients including SCCL, Paradigm IT, and MAHAGENCO
  • Project sites distributed across multiple locations in Maharashtra and Telangana
  • Reaffirmed fiscal year 2026-27 commissioning target of 1.5 GWp
  • Utilised robust engineering practices to ensure timely and seamless execution

Bondada Engineering Limited has successfully commissioned solar power projects totaling 107.7 MWp across Maharashtra and Telangana. This operational milestone supports the company's ambitious target to achieve a 1.5 GWp commissioning volume for the 2026-27 fiscal year.

Production Commenced — What It Means

Bondada Engineering Limited has operationalised a total of 107.7 MWp in solar power projects as of April 2026. The infrastructure rollout spans various geographical clusters within the states of Maharashtra and Telangana. This expansion highlights the company’s transition from project execution to active power generation support for its high-profile clientele.

By delivering these utility-scale projects, the firm demonstrates its ability to navigate complex engineering requirements while adhering to stringent safety protocols. The successful deployment strengthens the company’s track record in the large-scale solar engineering, procurement, and construction domain.

Path to This Milestone

To reach this operational milestone, Bondada Engineering has focused on scaling its technical expertise and project management capacity. The company has set an ambitious target to commission 1.5 GWp by the end of the 2026-27 fiscal year. The current projects were delivered through robust engineering practices and strict adherence to quality and safety standards.

This execution framework is designed to handle large-scale renewable energy transitions, catering to reputed clients such as Singareni Collieries Company Limited and the Maharashtra State Power Generation Company. These efforts underscore the company’s commitment to sustainable growth.

Business Overview

  • Specializes in EPC and O&M services for the telecommunications and solar energy industries
  • Provides integrated solutions for passive telecom infrastructure, including tower fabrication
  • Solar segment portfolio includes ground-mounted utility projects and rooftop solar installations
  • Maintains a robust execution pipeline with a focus on sustainable growth and value creation
  • Serves a diverse client base consisting of private corporations and major state utilities

Revenue Impact and Sector Context

The commissioning of these projects aligns with a period of robust financial growth for the company, which reported a consolidated annual operating revenue of 2,634.94 crore. With a net profit growth of 78.63 percent year-on-year, the ramp-up in operational capacity is expected to sustain this momentum. The company’s focus on disciplined capital allocation has resulted in an annual Return on Equity of 30.25 percent.

Simultaneously, government initiatives for solar park development are fueling demand for experienced EPC partners, positioning the company to benefit from increasing capital expenditure by state distribution companies.

Bondada Engineering Ltd (543971) — Financial Snapshot

BSE: 543971 · NSE: 13521165 · Cement and Construction

Current Market Price ₹348.55 per share
Market Capitalisation ₹3,892.31 Cr BSE Listed
Revenue (Annual) ₹2,634.94 Cr Operating
Net Profit (Annual) ₹184.21 Consolidated
P/E Ratio (TTM) 21.13× Sector: 35.43×
Promoter Holding 61.57% +0.02% QoQ
FII Holding 0.58% Current Qtr

Source Verified

Exchange filing by Bondada Engineering Limited announcing the successful commissioning of 107.7 MWp solar power projects. Financial metrics from Trendlyne.

View Filing