Synopsis:- An infrastructure stock surged up to 17% after securing a ₹322 crore highway EPC order from MoRTH. Strong execution momentum is backed by Q2FY26 revenue growth of 24% and a 124% jump in profit, reflecting improving operating efficiency and a strengthening order book.
The shares of this infrastructure company jumped up to 17 percent in today’s trading session after the company bagged a significant work order from the Ministry of Road Transport and Highways worth Rs 322.27 crore.
With a market capitalisation of Rs 226.24 crore, the shares of Niraj Cement Structurals Ltd were trading at Rs 37.90 per share, increasing around 9 percent as compared to the previous closing of Rs 34.78 apiece.
Significant Order
The shares of Niraj Cement Structurals Ltd have seen positive movement after receiving a work order worth Rs 322.27 crore for the four-laning of the Ponda to Bhoma section of NH-748 in Goa on an EPC mode from the Ministry of Road Transport and Highways (MoRTH).
Recently, the company secured a Rs 220.14-crore EPC contract from NHIDCL to construct a two-lane paved-shoulder road on the Kohima Bypass in Nagaland. The project covers 11.268 km across multiple national highway stretches under the SARDP-NE programme. It is a fully domestic order with a 24-month execution timeline.
Financial Highlights & Recent Orders
The company delivered a strong financial performance in Q2FY26, with revenue rising 24% to Rs 171.62 crore from Rs 138.02 crore a year earlier. Net profit jumped 124% to Rs 8.81 crore, reflecting better operating leverage and improved demand momentum, signalling healthier profitability and steady business scaling.
In the last two quarters, Niraj Cement Structurals showed a sharp rebound. Operating profit rose from a loss of Rs 0.98 crore in Q1FY26 to a strong Rs 9.63 crore in Q2FY26, reflecting improved execution and cost control. Similarly, OPM improved from –1.04% to 5.61%, signalling a meaningful recovery in operating efficiency.
Niraj Cement Structurals is a civil construction company specialising in roads, bridges, flyovers and urban infrastructure projects across India. With experience in metro works, highways and EPC contracts, the company has built a strong execution track record. Its expanding order book and participation in state and central projects highlight steady growth momentum.
Niraj Cement Structurals showcases a diverse project portfolio across major urban and infrastructure developments. From metro structures in Kolkata and flyovers in Jaipur to large-scale road projects like Hodal–Nagina and urban transport systems such as Indore BRTS, the company demonstrates strong execution capabilities. Its presence across metros, highways and state projects reinforces its reputation in complex civil engineering works.
Written by Abhishek Singh
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