Bondada Engineering Bags ₹41.01 Crore Smart Meter Order; Shares Rise 1.35%

Mumbai September, 10: Bondada Engineering Limited has received a ₹41.01 crore order from Northern Power Distribution Company of Telangana Limited for a smart energy metering project, according to the company’s exchange filing dated September 10, 2026.

The contract covers a broad set of activities, starting with the supply and installation of smart energy meters and extending to their integration, testing and commissioning. Bondada Engineering will also undertake the operation and maintenance of the related systems.

The project includes 12,500 single-phase smart meters and 27,500 three-phase smart meters. Together, the order covers 40,000 smart energy meters.

Stock Market Snapshot

The Bondada Engineering share price was around ₹292.50 in the market snapshot provided, higher than the reference level of about ₹288.60. That puts the stock roughly 1.35% higher.

Trading was somewhat volatile during the session. The shares started near ₹298 before slipping sharply in the early hours and briefly moving below ₹288. The stock later recovered, with buying interest pushing it towards ₹295 and, at one point, close to ₹297.

The shares subsequently settled around ₹292.50 in the latest portion of the supplied chart. The price movement reflects the market data provided and is not being directly linked to the company’s order announcement.

Order Carries 12-Month Execution Timeline

As per the regulatory filing, the ₹41.01 crore order includes applicable taxes and is to be executed over 12 months from the date of execution of the purchase order or contract.

The scope also includes the Head-End System, or HES, along with the Meter Data Acquisition System and Meter Data Management System. These systems form part of the technology infrastructure required to collect, process and manage data generated by the smart meters.

Bondada Engineering said the order was awarded by Northern Power Distribution Company of Telangana as a domestic entity. The company also disclosed that there is no promoter or promoter-group interest in the awarding entity and that the order does not fall under a related-party transaction.

Smart Metering Adds To Bondada Engineering’s Infrastructure Portfolio

Bondada Engineering operates in infrastructure-related businesses and has been expanding its work across technology-enabled infrastructure projects.

The company said the latest contract fits within its existing product portfolio and strengthens its position in smart metering and related utility infrastructure. The project combines physical meter deployment with supporting digital systems, giving the contract a wider scope than the supply of meters alone.

For the company, execution will now be the key operational component, with the contract carrying a 12-month completion period.

Conclusion

Bondada Engineering has added a ₹41.01 crore smart metering contract to its order book from Northern Power Distribution Company of Telangana Limited.

The project covers 40,000 smart meters along with installation, integration, testing, commissioning and associated data management systems. The contract is scheduled for execution over 12 months.

In the equity market, the Bondada Engineering share price was around ₹292.50 in the supplied snapshot, representing a gain of approximately 1.35% from the indicated reference level of ₹288.60.

Source:

• https://www.bseindia.com/stock-share-price/bondada-engineering-ltd/bondada/543971