HMPL Wins NHAI Toll Contract and Completes Capital Infusion

21 Nov 2025 CW Team

Hazoor Multi Projects Limited (HMPL) has recently received a Letter of Award from the National Highways Authority of India to operate user fee collection at the Rampura Toll Plaza on NH 548B along the Vijayapur–Sankeshwar section in Karnataka. The Rs 138.7 million contract, secured through a competitive e-tendering process, also includes the upkeep of associated toilet blocks as part of its operational scope.

HMPL has additionally completed a capital infusion exercise following the allotment of 10,00,000 equity shares of Re 1 each at an issue price of Rs 30 per share to investor Mr Kumar Agrawal. This follows the conversion of 1,00,000 warrants after receipt of Rs 22.5 million, increasing the company’s issued and paid-up capital to 23,43,39,910 equity shares of Re 1 each.

Recent financial results show net sales of Rs 1021.1 million and a net loss of Rs 99.3 million for Q2FY26. For H1FY26, HMPL recorded net sales of Rs 2821.3 million and a net profit of Rs 38.6 million. In FY25, the company achieved net sales of Rs 6380 million and a net profit of Rs 400 million.

Based in Mumbai, HMPL is a diversified infrastructure and engineering firm with operations spanning highway development, civil EPC works and shipyard services, while expanding its presence in the oil and gas segment.

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