Synopsis: Univastu India shares rose 5% after collaborating with Sweden-based URBS Systems through an MoU for constructing cloud and AI/HPC-ready data centres in Maharashtra. With an order book of Rs 1,009 crores, this step promises to take the company forward through digital infrastructure.

The shares of this company, a key player in India’s construction industry, providing civil, structural, and infrastructure project services to both government and private clients, had its shares in momentum after signing an MOU to develop data centre infrastructure in Maharashtra with Sweden-based URBS Systems.

With the market cap of Rs 236 crore, the shares of Univastu India Ltd had hit their intraday high at Rs 68.4, gaining about 5 per cent compared to their intraday low at Rs 65. The shares are trading at a PE of 18.1, whereas their industry PE is at 18.4.

About the MOU. 

The MoU was signed recently by Univastu India with Sweden-based URBS Systems. It is a new beginning for Univastu India to foray into the rapidly expanding data centre and digital infrastructure industry. This partnership focuses on creating hyperscale edge, colocation, and AI/HPC data centres in the region of Maharashtra, thus aligning with the increasing demand for data localisation, cloud, and AI computing in India. This partnership is very much in line with the Data Centre Policy framework in Maharashtra to attract large digital investments.

From an operational standpoint, the Univastu will be the local project development partner, while the URBS Systems will leverage its design expertise. The partnership between the two companies will allow the Univastu to be involved in the high-value, capital-intensive projects while not shouldering the entire risk of the technology development. The emphasis on energy-efficient, green, and renewable energy resources will increase the viability of the project.

Strategically, this MoU strengthens Univastu’s positioning in a segment that has strong multi-year growth visibility, supported by increasing digital consumption and enterprise data needs. Though the MoU itself does not immediately translate into confirmed revenues, it opens avenues for order inflows and long-term value creation as projects move from planning to execution. Successful conversion of such opportunities would meaningfully diversify Univastu’s revenue base beyond traditional construction activities.

Financial highlights and more

The revenue from operations for the company stood at Rs 48.34 crores in Q2 FY26 compared to Q2 FY25 revenue of Rs 42.39 crores, up by about 14 per cent YoY. Similarly, the net profit stood at Rs 5 crore in Q2 FY26, up from Rs 4 crore in Q2 FY25. The order book for the company stands at Rs 1,009 crore in value, out of which Rs 635 crore is pending. 

State-Wise Revenues Highlight a concentrated revenue structure where Maharashtra alone accounts for approximately 80.7% of revenues, establishing it as a primary market for the company. Haryana is a distant second, accounting for 13.3% of revenue, establishing a secondary market, whereas Uttar Pradesh is a rising force in its nascent market, accounting for 5.8%. Goa is a tiny market, accounting for just 0.2% of revenues, establishing weak market penetration.

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