Bondada Renewable Energy, a subsidiary of Bondada Engineering, has secured orders for setting up Battery Energy Storage System (BESS) projects to 200 MW / 400 MWh in the State of Tamil Nadu. According to latest exchange filings, these projects represent a significant addition to Bondada's energy storage portfolio. Additionally, Bondada Green Engineering, another subsidiary of Bondada Engineering, has received an order for the supply of 100 BSNL Towers for locations in Udaipur and Ahmedabad. The combined value of the disclosed orders stands at approximately ₹514 crore (₹513,93,93,532) including taxes, with both BESS projects and BSNL tower supply scheduled for completion during FY27. As per the latest filing, the company received this firm order on August 11, 2026, and disclosed it to the exchanges on the same day.
With the addition of these new orders, the Group Company's consolidated order book has strengthened to approximately ₹10,023 crore. As reported by exchange filings, this substantial order book provides enhanced revenue visibility and establishes a robust execution pipeline across the company's key business segments. The diversified order portfolio spans both renewable energy infrastructure and telecommunications infrastructure projects, with the new contracts classified as domestic projects and awarded by leading telecom and energy EPC companies. The order book composition shows the Renewable Energy segment leading with ₹4,537 crore, followed by BESS at ₹1,463 crore, Telecom at ₹785 crore, Railways at ₹193 crore, and Products at ₹169 crore. The ₹513.94 crore BESS and telecom order represents approximately 68.70% of the company's average quarterly revenue of ₹748.20 crore, adding to the total disclosed order book of ₹2765.34 crore which provides coverage of 3.70 quarters of average quarterly revenue.
The consolidated order book of ₹10,023 crore represents a significant milestone for Bondada Group, according to exchange filings. This strengthened order book position enhances the company's ability to execute projects across multiple business segments, providing improved financial visibility and operational stability for future periods. The enlarged pipeline provides revenue visibility and execution opportunities across renewable energy, BESS, and telecom infrastructure segments, complementing the company's existing capabilities in Solar EPC, renewable energy and power infrastructure while expanding its presence in the energy storage segment. The BESS projects will help reinforce the company's position in the rapidly growing energy storage market, while the telecom tower order strengthens its position in the telecommunications segment. The scope involves both energy storage infrastructure and telecom tower supplies, marking a continued expansion into diverse infrastructure segments.
Following the announcement of these new contracts, Bondada Engineering shares experienced significant market response, reaching an intraday high of ₹296.40 per share before settling at ₹291.85 per share as of the latest trading session. The stock has demonstrated strong momentum with a 2.01% surge from the previous day's close of ₹290.55, reflecting positive investor sentiment toward the company's expanded project pipeline. The company's financial performance shows robust growth with annual revenue surging 80.40% YoY to ₹2851.10 crore in FY26 from ₹1580.10 crore in FY25, while maintaining consistent operating profit margins around 11%. The company maintains strong return ratios with ROCE at 39.4% and ROE at 35.7%, and has achieved impressive five-year CAGR growth of 58% in revenue and 89% in net profit. Operating cashflow was positive at ₹124.60 crore in FY26, an improvement from the negative ₹140.90 crore in FY25, indicating better working capital management.
