Swastika Infra Secures Single Order of ₹615.76 Crore from MSEDCL, Stock Hits Upper circuit
ADB-funded project in Bhandup Zone of Mumbai is 1.2x FY26 revenue, marks entry into Maharashtra and lifts unexecuted order book to ₹1,400 crores Jaipur, October 07, 2026: Swastika Infra Limited (BSE: 544949 | NSE: SWASTIKAIN) one of the leading EPC player in the Power Transmission & Distribution (T&D) and Renewable sector, has secured a Letter of Award (LOA) worth approximately ₹615.76 crore from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the Development of Distribution Infrastructure & System Strengthening works at Bhandup Zone, Maharashtra. This is the largest single order in Swastika Infra’s history – a landmark win equivalent to approximately 1.2 times the Company’s FY26 revenue of ₹504 crores, providing substantial execution visibility by materially strengthening its order pipeline post equity fund raise of ~ Rs. 130 crores in its recently concluded IPO. Following this win, the Company’s unexecuted order book stands at ~ ₹1,400 ...
