Brahmaputra Infrastructure Signs ₹70.18 Crore Mizoram Highway Contract, Company Expects 15-20% EBITDA Margin
· Free Press Journal
Mumbai: Brahmaputra Infrastructure Limited has signed a Rs 70.18 crore agreement for the operation and maintenance of a key national highway stretch in Mizoram.
The contract was awarded by the Ministry of Road Transport and Highways through the Chief Engineer, PWD Highway, Aizawl.
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Five-Year Maintenance Contract
The performance-based maintenance contract covers an 87.18-km section of National Highway 502A, from kilometre 0 to kilometre 87.180.
The agreement will remain valid for 60 months, or five years. Its scope includes the operation and maintenance of the entire highway corridor, along with maintenance work during the monsoon season.
The contract will be carried out under the company’s Multi Modal Project Division. Brahmaputra Infrastructure said the formal agreement has now been signed.
Strategic Road Near Myanmar Border
NH-502A passes through southern Mizoram and connects the Myanmar border with Lawngtlai. The company described it as one of the most remote and strategically important highway stretches in India’s Northeast.
Executing the project will require Brahmaputra Infrastructure to establish local facilities, including plants, machinery, workforce camps and logistics support, in difficult terrain.
The company believes this presence could offer a long-term competitive advantage and improve its prospects for securing more infrastructure projects in the India-Myanmar border region.
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Revenue And Margin Outlook
Brahmaputra Infrastructure expects the five-year contract to make a meaningful contribution to its revenue and strengthen its operational presence in the Northeast.
The company also expects the project to deliver an EBITDA margin of around 15 percent to 20 percent.
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The company disclosed the agreement to BSE under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. It added that the order was awarded by a domestic government body and does not involve any related-party transaction or promoter-group interest.
Disclaimer: This article is based on information disclosed by Brahmaputra Infrastructure Limited in its regulatory filing submitted to the stock exchange.