MEIL Plans Rs 400 bn Capex Over Three Years
ECONOMY & POLICY

MEIL Plans Rs 400 bn Capex Over Three Years

Megha Engineering and Infrastructures (MEIL) will invest Rs 400 billion (Rs 400 bn) in capital expenditure over three years and is targeting a Rs two trillion (Rs 2 tn) topline within five years. The company presented the plan as part of a strategic growth drive to scale its operations and expand project capacities. Management outlined the capital allocation timeline and said the investment would support capacity additions, technological upgrades and enhanced execution capabilities.

The company said the capex will be deployed across its existing businesses to strengthen execution and increase delivery bandwidth. It plans to accelerate project mobilisation and upgrade equipment to shorten timelines and reduce cost per project. The plan is intended to deepen the company's market reach and improve returns on invested capital.

The company said the investment is aligned with its target to broaden the order book and pursue larger contracts domestically and internationally. Enhanced execution capacity is expected to support timely project completion and bolster revenue visibility. Management indicated that disciplined cash flow management would accompany the capital programme to sustain balance sheet health.

The company said executives will monitor progress against milestones and adapt the programme according to market conditions. The plan represents a substantial capital commitment that is intended to reshape the company's competitive position over the medium term. Investors will watch execution, order inflows and margin trends as the programme unfolds.

Management said the capital programme will be funded through a mix of retained earnings, project cash flows and external financing as required, while maintaining focus on debt metrics. The company plans to engage suppliers and contractors to ensure timely materials flow and to implement practices that enhance safety and environmental performance. The strategic push is designed to support long term value creation for stakeholders and to maintain operational resilience amid changing market cycles.

Megha Engineering and Infrastructures (MEIL) will invest Rs 400 billion (Rs 400 bn) in capital expenditure over three years and is targeting a Rs two trillion (Rs 2 tn) topline within five years. The company presented the plan as part of a strategic growth drive to scale its operations and expand project capacities. Management outlined the capital allocation timeline and said the investment would support capacity additions, technological upgrades and enhanced execution capabilities. The company said the capex will be deployed across its existing businesses to strengthen execution and increase delivery bandwidth. It plans to accelerate project mobilisation and upgrade equipment to shorten timelines and reduce cost per project. The plan is intended to deepen the company's market reach and improve returns on invested capital. The company said the investment is aligned with its target to broaden the order book and pursue larger contracts domestically and internationally. Enhanced execution capacity is expected to support timely project completion and bolster revenue visibility. Management indicated that disciplined cash flow management would accompany the capital programme to sustain balance sheet health. The company said executives will monitor progress against milestones and adapt the programme according to market conditions. The plan represents a substantial capital commitment that is intended to reshape the company's competitive position over the medium term. Investors will watch execution, order inflows and margin trends as the programme unfolds. Management said the capital programme will be funded through a mix of retained earnings, project cash flows and external financing as required, while maintaining focus on debt metrics. The company plans to engage suppliers and contractors to ensure timely materials flow and to implement practices that enhance safety and environmental performance. The strategic push is designed to support long term value creation for stakeholders and to maintain operational resilience amid changing market cycles.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement