Monarch Surveyors Secures ₹130 Crore Railway Consultancy Contract from Northern Railway
Monarch Surveyors and Engineering Consultants Limited, a company specializing in civil infrastructure consulting services, has secured a major consultancy contract valued at approximately ₹130 crore from Northern Railway (CALA). The agreement for providing comprehensive consultancy services for various railway infrastructure projects marks the largest order secured by the company to date.The new contract significantly boosts the company's order book and enhances its multi-year revenue visibility.
Scope and Execution Details
The scope of work encompasses a wide range of activities crucial for railway development. These tasks include Final Location Survey (FLS), geotechnical investigations, design, preparation of drawings, and preliminary activities needed for Detailed Project Reports (DPR). Furthermore, the assignment involves providing necessary facilitation support to the Competent Authority for Land Acquisition (CALA) for major railway works, including new lines, bypass or chord lines, doubling or multi-tracking, and flyover works.The contract is structured for execution over a period of 36 months, solidifying Monarch Surveyors' strong execution visibility within the railway infrastructure consultancy vertical.
The key contract details are summarized below:
| Detail | Specification |
|---|---|
| Contract Value | ₹130 crore |
| Client | Northern Railway (CALA) |
| Services | Comprehensive Consultancy for Railway Infrastructure |
| Duration | 36 months |
Management Commentary
Commenting on the achievement, Mr. Sunil Kokare, Director - Business, stated that the order from Northern Railway is a significant milestone in the company's growth. He highlighted that the comprehensive scope, covering survey, geotechnical studies, design, and land acquisition support, underscores the firm’s end-to-end service capabilities.Mr. Kokare added that the contract reinforces the company's strong capabilities in railway infrastructure consultancy. He expressed confidence that the order significantly enhanced the order book, providing healthy visibility for the near to mid-term future.
Company Profile
Monarch Surveyors and Engineering Consultants Ltd. was founded in 1999 and is a publicly listed leader in infrastructure, driving transformative projects across railways, roads, urban development, and industrial corridors. The company provides comprehensive infrastructure consulting services, which include detailed engineering design, DPRs, urban development services, land acquisition support, and geospatial mapping using LiDAR and 3-D scanning, alongside project management services.Stock Price Movement
On Monday, shares of Monarch Surveyors and Engineering Consultants Ltd settled at ₹217.00, gaining 0.91% for the session. The stock showed significant movement throughout the day, ranging from a low of ₹195.10 all the way up to a high of ₹219.95.Source:
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