Shares of RBM Infracon Ltd were trading in the green and 2% higher on 13 November after the company announced securing an order worth Rs 3.7 crore from Caroa Properties LLP Maharashtra for temporary civil works relating to monsoon work. 

Caroa Properties Llp has given RBM Infracon Ltd a domestic service order of Rs. 3,70,75,600 for temporary civil works associated with monsoon preparation and management. 

The decree specifies the civil work that must be done in order to lessen the monsoon’s effects. The work must be finished by 31 December 2025, and the contract was granted on 12 November 2024.

With 16 ongoing projects in a variety of sectors and an order book of Rs. 1,384 crore, RBM Infracon Limited is bolstering its growth and operational stability.

Leading companies in the sector, including Reliance, Adani, Nayara Energy, Epitome, BN Agritech, Kalpataru Projects, Dalmia, ReNew Energy, Vedanta, and L&T, are among RBM Infracon Ltd’s principal clients. Energy, infrastructure, and industrial projects are just a few of the industries that these clients represent, demonstrating the company’s broad range of experience and robust market position. 

The company’s guidance for FY25 calls for reaching a top line of Rs 400 crore and a profit after tax (PAT) bottom line of Rs 40 crore. In keeping with its expectations for robust financial performance in terms of revenue, profitability, and operational efficiency in the upcoming fiscal year, the company also wants to meet an EBITDA target of Rs. 40 crore. 

RBM Infracon Ltd. recorded revenue from operations of Rs. 38.85 crore for the quarter that ended in June 2024, a 100 % increase from Rs. 19.52 crore in the first quarter of FY24. Additionally, net profits increased by 250%, from Rs. 0.94 crore to Rs. 3.29 crore within the same time period. 

Based in India, RBM Infracon Limited specialises in building, maintenance, and turnaround services for a variety of industries, including cement, petrochemicals, power plants, and oil and gas refineries. Since its founding in 1992, the business has gained recognition for its technical services and commitment to quality and safety standards.

At 3:30 pm, the shares of RBM Infracon closed 0.85% higher at Rs 775.90 on NSE.

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