Ramky Infrastructure Share Price Rise 11.73% After ₹1,401 Crore MITL EPC Contract Win For Dighi Port Industrial Area

Mumbai, March 5: Share price of Ramky Infrastructure Ltd were trading higher as of 1:02 PM IST, after the company disclosed it had secured a major EPC infrastructure contract from Maharashtra Industrial Township Limited for works at the Dighi Port Industrial Area, according to a regulatory filing under SEBI (LODR) Regulation 30.

EPC Contract Award For Dighi Port Industrial Area Phase I

Ramky Infrastructure Ltd said it has entered into an Engineering, Procurement and Construction (EPC) agreement with Maharashtra Industrial Township Limited (MITL), a special purpose vehicle formed with equity participation from the Government of India and the Government of Maharashtra.

The contract covers the Design, Construction, Testing, Commissioning, Operation and Maintenance of infrastructure works at Dighi Port Industrial Area (DPIA), Phase I – Package A on an EPC basis, according to the company’s exchange disclosure.

The infrastructure scope outlined in the filing spans multiple industrial utility systems and connectivity components:

• Construction of roads, bridges and cross-drainage structures, including avenue plantation
• Water distribution networks incorporating firefighting systems and service reservoirs
• Industrial effluent collection network with pumping stations and rising mains
• Domestic sewage collection network with pumping stations
• Recycled water distribution systems
• Stormwater drainage networks, including outfalls
• Power distribution infrastructure including substations, RMUs and transformers
• Information and communication technology (ICT) infrastructure components
• Development of a water treatment plant, including clear water reservoir and pumping to service reservoirs

Integrated EPC packages of this nature typically enable industrial zones to become operational faster, as logistics corridors, water systems and utility networks are commissioned in parallel rather than sequentially.

Contract Value And Execution Timeline

According to the regulatory filing, the total contract value is approximately ₹1,401 crore, inclusive of GST and revenues related to operations and maintenance.

The contract structure indicates staged payments, to be released progressively as per milestones defined in the EPC agreement.

Execution timelines disclosed include:

• Construction period: 930 days from the appointed date
• Operations & Maintenance period: 4 years from completion certification
• Extension option: Up to an additional 6 years, subject to mutual agreement between MITL and Ramky Infrastructure

The company classified the order as a domestic contract and clarified that Ramky Infrastructure holds no promoter or group interest in MITL. The transaction also does not qualify as a related-party transaction, according to the disclosure.

Share Price Movement On March 5

Ramky Infrastructure shares moved higher in Thursday’s trading session following the disclosure.

As of 1:02 PM IST on March 5, the stock was trading at ₹481.00, up ₹50.50 or 11.73% so far from the previous close of ₹430.50.

Intraday exchange data so far indicates:

• Open: ₹454.00
• High: ₹492.40
• Low: ₹453.00

At current levels, the company’s market capitalisation stands at roughly ₹3,320 crore, while the stock trades at a price-to-earnings ratio of about 14.9, based on available exchange metrics.

Company Background

Ramky Infrastructure Ltd operates as an engineering and construction company focused on industrial infrastructure, transportation networks, water and wastewater management and urban infrastructure projects.

The company stated in its filing that it maintains multiple management system certifications, including:

• ISO 9001:2015 – Quality Management Systems
• ISO 14001:2015 – Environmental Management Systems
• ISO 45001:2017 – Occupational Health and Safety Management Systems

These frameworks are applied across the company’s design, engineering, procurement and construction project lifecycle, according to the disclosure.

Large industrial infrastructure projects particularly those linked to port-adjacent manufacturing ecosystems such as Dighi Port Industrial Area typically involve coordinated development of transport, utilities and environmental infrastructure.

Conclusion

The ₹1,401 crore EPC award adds a substantial project to Ramky Infrastructure’s order pipeline and positions the company within the early infrastructure build-out of the Dighi Port Industrial Area industrial ecosystem.

Construction execution is expected to extend across 930 days, followed by a multi-year operations and maintenance phase, potentially creating a longer revenue tail linked to the project lifecycle.

Source:

• https://www.nseindia.com/get-quote/equity/RAMKY/Ramky-Infrastructure-Limited
• https://nsearchives.nseindia.com/corporate/RAMKY_04032026185604_Intimationofstockexchanges04032026OCR.pdf