SUGS Lloyd Secures Rs 6392.4 mn Konkan Railway Contract
ECONOMY & POLICY

SUGS Lloyd Secures Rs 6392.4 mn Konkan Railway Contract

SUGS Lloyd Limited (the Company) has secured a major order from Konkan Railway Corporation Limited worth Rs 6392.4 mn including GST. The project covers supply, installation, testing and commissioning of the plant contract together with SCADA DMS systems and is to be executed over 24 months.

The contract represents a transformational milestone for the Company, substantially enhancing its order book and providing strong multi-year revenue visibility. The scale of the assignment underlines SUGS Lloyd Limited's capabilities in executing large and complex EPC projects in smart grid and power infrastructure domains. The award also marks a strategic expansion of the Power Transmission and Distribution business and further diversifies the company's project portfolio with marquee government clients.

The chairman, Santosh Shah, described the award as a landmark validation of the company's execution capabilities and said it would significantly enhance revenue visibility while positioning the company to pursue larger opportunities. He indicated that the company will focus on disciplined execution, selective bidding and maintaining financial prudence as it leverages the contract to drive sustainable growth. Management expects the contract to open further opportunities in public sector infrastructure work. The company indicated mobilisation would commence on completion of necessary approvals.

SUGS Lloyd Limited, established in 2009, is an engineering, procurement and construction company active in power transmission and distribution, solar and smart grid solutions across India. The company reports over 50 per cent market share in Fault Passage Indicator technology and counts NTPC, Tata Power, Adani Renewables and Indian Railway among its clients. For the first half of fiscal year 2026 the company reported revenue from operations of Rs 1230.3 mn, EBITDA of Rs 188.8 mn and net profit of Rs 118.2 mn. The new contract is expected to provide sustained revenue visibility and to strengthen the company's standing in national power infrastructure markets.

SUGS Lloyd Limited (the Company) has secured a major order from Konkan Railway Corporation Limited worth Rs 6392.4 mn including GST. The project covers supply, installation, testing and commissioning of the plant contract together with SCADA DMS systems and is to be executed over 24 months. The contract represents a transformational milestone for the Company, substantially enhancing its order book and providing strong multi-year revenue visibility. The scale of the assignment underlines SUGS Lloyd Limited's capabilities in executing large and complex EPC projects in smart grid and power infrastructure domains. The award also marks a strategic expansion of the Power Transmission and Distribution business and further diversifies the company's project portfolio with marquee government clients. The chairman, Santosh Shah, described the award as a landmark validation of the company's execution capabilities and said it would significantly enhance revenue visibility while positioning the company to pursue larger opportunities. He indicated that the company will focus on disciplined execution, selective bidding and maintaining financial prudence as it leverages the contract to drive sustainable growth. Management expects the contract to open further opportunities in public sector infrastructure work. The company indicated mobilisation would commence on completion of necessary approvals. SUGS Lloyd Limited, established in 2009, is an engineering, procurement and construction company active in power transmission and distribution, solar and smart grid solutions across India. The company reports over 50 per cent market share in Fault Passage Indicator technology and counts NTPC, Tata Power, Adani Renewables and Indian Railway among its clients. For the first half of fiscal year 2026 the company reported revenue from operations of Rs 1230.3 mn, EBITDA of Rs 188.8 mn and net profit of Rs 118.2 mn. The new contract is expected to provide sustained revenue visibility and to strengthen the company's standing in national power infrastructure markets.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement