BONDADA
Bondada Engineering Limited
NSE BSELast Traded Price
₹293.35
16.65 (6.02%)
Open
₹280
High
₹301.85
Low
₹276.85
Prev Close
₹276.7
Industry
Telecom - Infrastructure
Market Cap
3280.35 Cr
Filing History
Recent corporate announcements and filings for BONDADA
Governance
Neutral
2026-11-06 12:48
- Board meeting scheduled on Thursday, November 12, 2026.
- To consider and approve unaudited financial results for Q2 and half year ended September 30, 2026.
- Trading window remains closed from October 1, 2026 to November 14, 2026.
Business Update
Positive
2026-11-03 13:11
- Bondada Engineering Ltd signed a non-binding MoU with the Goa Investment Promotion and Facilitation Board (Goa-IPB) on October 30, 2026.
- Proposed investment of approximately ₹3,000 Crores to establish projects in Solar Energy and Bio Gas in Goa.
- Anticipated generation of over 700 employment opportunities.
- Goa-IPB will facilitate necessary approvals and extend eligible fiscal and non-fiscal incentives.
Governance
Neutral
2026-11-02 19:18
- Bondada Engineering Ltd has issued a corrigendum to its EOGM notice dated October 31, 2026.
- The Extra-Ordinary General Meeting (EOGM) date has been revised from November 21, 2026, to Tuesday, November 24, 2026, at 3:00 P.M.
- The cut-off date for e-voting has been revised to November 18, 2026.
- Remote e-voting period and related timelines have been updated accordingly.
Business Update
Positive
2026-11-02 15:38
- Bondada Engineering Ltd announced that its subsidiary, Atpole Technologies Private Limited, has acquired a 51% stake in BTM Mobility Private Limited (formerly Thuraga Motors Private Limited).
- BTM Mobility is engaged in the manufacturing and assembly of electric two-wheelers and associated components.
- The acquisition marks a strategic entry into the EV sector, expanding the company's capabilities and supporting indigenous manufacturing under Make in India.
Governance
Neutral
2026-10-31 19:18
- Bondada Engineering Limited has issued a notice for its Extraordinary General Meeting (EOGM) scheduled to be held on Saturday, November 21, 2026, at 3:00 p.m. through Video Conferencing (VC) / Other Audio Visual Means (OAVM).
- The EOGM seeks shareholder approval for inter-corporate loans, investments, guarantees, and securities under Sections 185 and 186 of the Companies Act, 2013, up to an aggregate limit of ₹2,000 Crore.
- Approval is sought under Section 180(1)(a) for creation of securities/charges over company undertakings up to ₹10,000 Crore, and under Section 180(1)(c) for borrowings up to ₹10,000 Crore.
- Seeking ratification and approval for a related party transaction with Onix IPP Private Limited for the execution of a 270 MWp solar PV project in Maharashtra, amounting to ₹1,153.93 Crores.
Financials
Positive
2026-10-30 13:26
- CRISIL Ratings upgraded credit ratings for multiple subsidiary companies of Bondada Engineering Limited.
- Bondada Green Engineering, Bondada E&E, and Bondada Renewable Energy received CRISIL A/Stable rating.
- Atpole Technologies and Bondada Ecobuild received CRISIL A-/Stable rating.
- The upgrade reflects strong financial profile, disciplined execution, and sustained business growth.
Business Update
Positive
2026-10-28 19:13
- Bondada Engineering Ltd received listing approval from BSE Limited on October 28, 2026, for migration from the BSE SME platform to the Main Board of BSE.
- The company had also previously received listing approval from NSE for migration to its Main Board segment.
- This migration facilitates wider investor outreach, enhanced market recognition, and improved capital market access.
Business Update
Positive
2026-10-28 10:39
- Bondada Engineering Limited received listing approval on October 27, 2026, for migration from the SME Platform of BSE Limited to the Capital Market Segment (Main Board) of the National Stock Exchange of India Limited.
- The migration aims to enhance company visibility, broaden investor reach, and support long-term growth and stakeholder value creation.
Business Update
Positive
2026-10-22 14:04
Order Win: Bondada Engineering Ltd won an order from Gujarat Industries Power Company Ltd (GIPCL)
Order Value: India's largest grid scale 20 MW / 120 MWh Vanadium Redox Flow BESS EPC package including 10 years of O&M
Completion Timeline: 18 Months from receipt of NOA
Business Update
Positive
2026-10-15 11:50
- Bondada Engineering Limited has received in-principle approval from NSE dated October 14, 2026, for migration from the SME Platform of BSE to the Main Board of NSE.
- The company earlier received in-principle approval from BSE on September 9, 2026, for migration to the BSE Main Board.
- This development marks a significant milestone for enhancing visibility, market presence, and long-term value creation.
Business Update
Positive
2026-10-06 11:24
Order Win: Bondada Engineering Ltd won an EPC order from a domestic entity for a 270 MWp Ground-Mounted Solar PV Project in Maharashtra
Order Value: ₹1,153.93 Crores (inclusive of taxes)
Completion Timeline: 6 months from the receipt of the order
Note: The transaction falls under related party transactions.
Business Update
Positive
2026-10-05 12:12
- Bondada Engineering Ltd announced that its subsidiary, Onix IPP Private Limited, received a term loan sanction of ₹911.25 Crores from State Bank of India.
- The sanctioned facility includes ₹900 Crores of term loans and ₹11.25 Crores of non-fund-based facilities for a 225 MW Solar IPP Project.
- The project is backed by a 25-year Power Purchase Agreement (PPA) with MSEDCL, ensuring long-term revenue visibility.
Business Update
Positive
2026-10-01 11:30
- Bondada Engineering Ltd has successfully commissioned solar power projects aggregating to 221.7 MWp during Q2 FY27.
- Projects executed for clients including Adani, MAHAGENCO, KP Group, and Paradigm IT across Maharashtra and Gujarat.
- Cumulative solar capacity executed by the company has now reached approximately 1.7 GWp.
Business Update
Positive
2026-09-29 13:59
Order Win: Bondada Engineering Ltd won multiple orders from various domestic entities
Order Value: ₹146.90 Crores
Completion Timeline: 2 to 4 Months
Routine
Neutral
2026-09-28 17:51
- Trading window for designated persons and their immediate relatives will remain closed from October 01, 2026.
- Window to reopen 48 hours after the declaration of un-audited financial results for the quarter and half-year ended September 30, 2026.
- Date of the Board Meeting will be intimated in due course.
Governance
Neutral
2026-09-22 17:14
- Board of Directors meeting held on 22nd September 2026.
- Approved amendment to the Whistle Blower Policy and appointment of Ombudsman.
- Approved the reconstitution of the Stakeholders Relationship Committee, inducting Mr. P Dinakara Rao, Independent Director.
- These changes are in preparation for the Company's migration from the BSE SME Platform to the Main Board of BSE Limited and National Stock Exchange of India Limited (NSE) to ensure compliance with corporate governance requirements.
Business Update
Positive
2026-09-10 13:52
- Order Win: Bondada Engineering Limited, through its Joint Venture with BEST Infra Private Limited, won an order from Northern Power Distribution Company of Telangana Limited (TGNPDCL).
- Order Value: ₹41.01 Crores.
- Project Details: Smart energy metering project involving procurement, supply, installation, and O&M for 40,000 smart energy meters.
- Completion Timeline: 11 months from the date of execution of the Purchase Order.
Business Update
Positive
2026-09-09 13:19
- Bondada Engineering Limited received in-principle approval on September 09, 2026, for the migration of its Equity Shares from the BSE SME Platform to the Main Board of BSE Limited.
- This is a significant milestone intended to enhance the Company's visibility, market presence, and long-term value creation.
Business Update
Positive
2026-09-03 13:36
- Bondada Engineering Limited has incorporated PhotonicGrid Networks Private Limited as a wholly-owned subsidiary on September 3rd, 2026.
- PhotonicGrid will build, own, operate, and maintain fibre optic and digital infrastructure networks in India.
- The objective is to expand into long-term contracted and recurring revenue streams for the Group.
Business Update
Positive
2026-09-02 12:09
- Order Win: Bondada Engineering Limited, via its wholly-owned subsidiary BHBPL, won a 225 MW / 450 MWh Battery Energy Storage System (BESS) Project from AP Transco.
- Model: Build-Own-Operate (BOO).
- Significance: Expands BEL into the energy storage and transition infrastructure segment.
- Subsidiary Acquisition Cost: ₹1,00,000 for 100% equity.
Business Update
Positive
2026-09-01 12:52
- Company filed for migration from SME Platform to Main Board on August 31, 2026.
- Strong aggregate order book of ₹10,023 Crores as of July 31, 2026.
- Expanded Defence business through acquisition of KCS Engineering Solutions, leading to a ₹2.10 Cr increase in Defence order book.
Governance
Positive
2026-08-31 13:09
- Annual Secretarial Compliance Report for the period ended March 31, 2026.
- Report confirms compliance with SEBI regulations for the migration of equity shares from BSE SME to the Main Board of BSE and NSE.
- No non-compliances, regulatory actions, or auditor resignations were observed during the review period.
Governance
Positive
2026-08-27 20:01
- Bondada Engineering Limited's shareholders approved the migration of the company's equity shares from the SME platform of BSE to the Main Board of BSE and NSE via postal ballot. The Special Resolution passed with a requisite majority, with 99.9971% of valid votes cast in favour.
Governance
Positive
2026-08-27 20:01
- Bondada Engineering Limited's Special Resolution for migration of its equity shares from the SME platform to the Main Board of BSE Limited and National Stock Exchange of India Limited has been passed.
- The resolution received 99.9971% of valid votes in favor.
Governance
Positive
2026-08-23 15:04
- Details of voting results for the 14th Annual General Meeting held on August 21, 2026. All resolutions were passed with the requisite majority. These included the adoption of financial statements for FY 2025-26, declaration of dividend for FY 2025-26, re-appointment of directors, and approval of borrowing powers up to ₹10,000 crores.
Business Update
Positive
2026-08-11 13:43
- Order Win: Bondada Engineering Limited (via subsidiaries) won orders for 200 MW / 400 MWh Battery Energy Storage System (BESS) projects and supply of 100 BSNL Towers.
- Order Value: ₹513.94 Crores (including taxes).
- Completion Timeline: During financial year 2026-27.
- The addition of these orders strengthens the consolidated order book to ~₹10,023 Crores.
Business Update
Positive
2026-08-06 13:59
- Order Win: Bondada Engineering Limited's subsidiary M/s KCS Engineering Solutions received multiple orders for supply of defence equipment/materials from prestigious Public Sector Undertakings including BEL, DRDO, DRDL, SHAR, and AVNL.
- Order Value: ₹2.10 Crore (including GST).
- Completition Timeline: Within 6 months.
Financials
Positive
2026-08-05 15:29
- Consolidated Revenue ₹691.65 Cr vs ₹557.83 Cr (▲24.0% YoY)
- EBITDA ₹78.15 Cr vs ₹65.10 Cr (▲20.0% YoY)
- PAT ₹53.94 Cr vs ₹41.71 Cr (▲29.3% YoY)
- EBITDA Margin 11.30% vs 11.67% (▼37bps)
Financials
Positive
2026-08-05 15:17
- Consolidated Revenue ₹69,890.02 lakhs vs ₹55,962.17 lakhs (▲24.9% YoY)
- EBITDA ₹8,539.22 lakhs vs ₹6,689.50 lakhs (▲27.7% YoY)
- PAT ₹5,393.74 lakhs vs ₹4,171.00 lakhs (▲29.3% YoY)
- EBITDA Margin 12.2% vs 12.0% (▲27bps)
Financials
Positive
2026-08-04 19:03
- Board recommended a final dividend of ₹0.28 per Equity Share (14%) for FY 2025-26.
- Record Date for dividend payment is August 14, 2026, subject to AGM approval.
Governance
Neutral
2026-08-02 17:41
- Board meeting scheduled for August 5, 2026.
- To consider and approve unaudited financial results for the quarter ended June 30, 2026.
- Trading window closed from July 1, 2026, till August 7, 2026.
Routine
Neutral
2026-07-30 21:10
New Filing detected. See link for details.
Routine
Neutral
2026-07-30 21:01
New Filing detected. See link for details.
Business Update
Positive
2026-07-30 11:59
- Bondada Dynamics Private Limited, a subsidiary, acquired a 75% interest in KCS Engineering Solutions, a defence and aerospace technology-focused engineering firm.
- This acquisition marks a strategic expansion into the Defence, Aerospace and Advanced Technology sectors for Bondada Group.
Governance
Positive
2026-07-27 18:27
- Bondada Engineering Limited issued a Postal Ballot Notice seeking member approval for the migration of its Equity Shares from the BSE SME Platform to the Main Board of BSE Limited and National Stock Exchange of India Limited.
- E-voting period is from July 28, 2026, to August 26, 2026.
- Results will be declared on or before August 28, 2026.
Business Update
Positive
2026-07-27 13:47
- Bondada Engineering Limited (BEL) acquired a 60% majority equity shareholding in Onix IPP Private Limited (OIPL), an SPV for a 225 MW (AC) Solar Power Project.
- The project, under the PM-KUSUM Scheme in Maharashtra, has a 25-year Power Purchase Agreement (PPA) with MSEDCL.
- Estimated annual revenue from the project is approximately ₹150.48 Crores.
- The acquisition is complete and aligns with BEL's strategic objective to expand its renewable energy portfolio and generate predictable annuity-based revenues.
Governance
Positive
2026-07-24 13:28
- Board meeting held on July 24, 2026.
- Recommended a final dividend of 14% for FY25-26; Record Date: August 14, 2026.
- Approved migration of listing from BSE SME Platform to the Main Board of BSE and NSE.
- Authorized to raise funds up to INR 500 Crs through NCDs or other options.
- Appointed Mr. P. Dinakara Rao as Additional Independent Director.
- Annual General Meeting (AGM) for FY25-26 scheduled for August 21, 2026.
Business Update
Positive
2026-07-23 11:22
- Bondada Engineering received Central Electricity Authority (CEA) approval for energization of a 300 MW grid-connected Solar Power Project at Khavda, Gujarat.
- The project was executed on an EPC basis for NLC India Renewables Limited, marking a significant milestone towards adding 300MW solar power to the grid.
Business Update
Positive
2026-07-22 13:31
- Bondada Engineering Limited received a credit rating upgrade from CRISIL Ratings.
- Long-Term Credit Rating upgraded to CRISIL A+/Stable from CRISIL A/Stable.
- Total Banking Facilities Rated increased significantly from ₹800 Crore to ₹2,000 Crore.
- Short-Term Rating reaffirmed at CRISIL A1.
Governance
Positive
2026-07-21 13:26
- Board Meeting on July 24, 2026, to recommend final dividend for FY 2025-26.
- To consider migration to Main Board/NSE and authorize raising funds up to INR 500 Cr via NCDs.
- To convene the 14th Annual General Meeting and appoint various auditors.
Business Update
Positive
2026-07-20 12:01
- Order Win: Bondada Engineering Limited received a Notification of Award from NTPC Renewable Energy Limited.
- Project Scope: EPC Package for the Development of a 100 MWh Vanadium Redox Flow Battery Energy Storage System (VRFB BESS) at Khavda Solar Park, Gujarat, including 10 years of O&M.
- Completion Timeline: 10 Months from receipt of NOA for completion of facilities.
- Key Highlight: This marks India's first and largest grid-scale Vanadium Redox Flow Battery (VRFB) BESS project.
Business Update
Positive
2026-07-17 14:12
- Order Win: Bondada Engineering Limited received a purchase order from Veremax Technologie Services Limited
- Order Value: ₹10,44,30,000/-
- Completion Timeline: Delivery within 3 Months
- Details: Supply of BSNL 40MTR Towers, Foundation Bolts & Templates for various locations across South India. The order will be executed through Bondada Green Engineering Private Limited.
Routine
Neutral
2026-06-28 22:35
- Trading window closed from July 1, 2026, for designated persons and their immediate relatives.
- The closure is for the consideration of un-audited financial results for the quarter ended June 30, 2026.
- The window will reopen 48 hours after the declaration of the financial results.
- The date of the Board Meeting for results consideration will be intimated later.
Financials
Positive
2026-06-19 20:41
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹285,109.90 Lakhs vs ₹158,013.67 Lakhs (▲80.43% YoY)
- EBITDA ₹32,661.15 Lakhs vs ₹17,074.44 Lakhs (▲91.28% YoY)
- PAT ₹21,107.91 Lakhs vs ₹11,317.13 Lakhs (▲86.51% YoY)
- EBITDA Margin 11.45% vs 10.81% (▲64bps)
- This filing is a re-submission of half-yearly and year-to-date consolidated financial results along with the Auditor's Report for the year ended March 31, 2026, in response to BSE's mail regarding observed discrepancies.
Business Update
Positive
2026-06-16 12:55
- Order Win: Bondada Engineering Limited won an order from NTPC Renewable Energy Limited
- Order Value: ₹1338.03 Crores (inclusive of GST)
- Project Scope: EPC Package for development of 250 MW Solar PV Project with 50 MW/200 MWh Battery Energy Storage System (BESS) Project at Sitapur, U.P.
- Completion Timeline: 18 Months from receipt of Notification of Award (NOA).
- Impact: Solar EPC order book expanded to ~5.5 GWp and BESS order book to ~1.1 GWh.
Routine
Neutral
2026-06-08 10:20
- Bondada Engineering Limited received listing and trading approval from BSE for 78,000 equity shares issued pursuant to ESOP.
- The approval was granted on June 04, 2026.
- Trading in these shares commenced from June 05, 2026.
Business Update
Positive
2026-05-18 11:24
Order Win: Bondada Engineering Limited secured multiple orders from Adani Green Energy Ltd and Adani Green Energy Six Limited (Adani Group). The total order value is ₹469.52 Crores for a 250 MW Balance of System (BOS) package for a Solar Power Project at Khavda, Kutch, Gujarat. Completion Timeline: 8 Months from the receipt of the order.
Business Update
Positive
2026-05-11 13:21
Bondada Engineering Limited announced the successful commissioning of solar power projects totaling 107.7 MWp during April 2026. These projects were executed for reputed clients including SCCL, Paradigm IT, and MAHAGENCO. The company also reiterated its commissioning target of 1.5 GWp for FY 2026-27, underscoring its strong execution capabilities and contribution to India's renewable energy transition.
Business Update
Positive
2026-05-08 13:54
Order Win: Bondada Engineering Limited won an order from NTPC Green Energy Limited (NGEL) for Balance of System (BOS) Works for a 600 MW Solar PV Project (Block 1 & 3) at Fatehgarh, Rajasthan. The Order Value is INR 816.01 Crores, with a completion timeline of 16 months from the receipt of NOA. The project will be executed under EPC mode and includes Operations & Maintenance (O&M) services for three years. This is the second order from the NTPC Group, increasing the cumulative order inflow to approximately INR 1,207 Crore and the total Solar EPC order book in hand to approximately 5.3 GWp, strengthening growth visibility.
Routine
Neutral
2026-05-07 20:12
Bondada Engineering Limited responded to a BSE query regarding a news item dated May 06, 2026. The company clarified that the information about a 2000 MW AC / 2600 MWp DC Solar Power Project allocation by the Government of Andhra Pradesh was already intimated to the Exchange on May 23, 2025. They confirmed that no new events prior to the news item required disclosure and reiterated their adherence to SEBI (LODR) Regulations.
Business Update
Positive
2026-05-06 17:00
Bondada Engineering projects 60-70% YoY revenue and net profit growth for FY27. EBITDA margins are expected to be stable or slightly improve by 20-30 bps for the year, despite a Q4 FY26 dip due to low-margin projects and higher material costs. The company holds a strong order book of INR 7,147 crores as of March 31, 2026, with an additional INR 2,850 crores in L1 orders anticipated for Q1 FY27 and a confirmed INR 9,000 crore 2 GW AP IPP project (separate SPV). A new integrated manufacturing facility will involve a Capex of INR 120-130 crores, starting construction in Q2 FY27, and is expected to generate INR 1,500-1,800 crores revenue annually post-commissioning. The company aims for 25 GW renewable energy capacity by 2030 and targets $1 billion revenue. New growth drivers include data centers (projected 7-8% of FY27 revenue at 14-15% EBITDA margin), defence, and aerospace. The company is cash positive with INR 100 crores cash surplus as of March 31, 2026.
Business Update
Positive
2026-04-29 10:05
Order Win: Bondada Engineering Limited secured multiple orders aggregating to ₹125.30 Crores for the supply of Balance of System (BOS) components and onsite services for a 75 MW solar power project at Khavda, Kutch, Gujarat. The orders were awarded by entities including Adani Green Energy Ltd, Adani Ports & SEZ Ltd, and Ambuja Cements Ltd, with a completion timeline of 3 months from the receipt of the order.
Business Update
Neutral
2026-04-28 19:05
Bondada Engineering Limited provided links to the audio/video recording of its Post Earnings Conference Call held on April 28, 2026, discussing Quarter 4 and full FY 2025-26 results with analysts/investors.
Business Update
Neutral
2026-04-28 10:47
Bondada Engineering Limited filed an Investor Presentation for the 4th quarter ended March 31, 2026 (FY2025-26) with BSE Limited on April 28, 2026. The presentation will also be available on the company website.