Monarch Surveyors and Engineering Consultants Ltd Share Price – BSE

Miscellaneous, Small Cap

The scope of work involves consultancy services for preparing the DPR for the proposed elevated traffic corridor project. The contract has been awarded by a domestic entity and will be executed in accordance with the terms and conditions specified in the LoA. The company stated that the contract does not fall under related-party transactions, and neither the promoter nor the promoter group has any interest in the awarding authority.

Monarch Surveyors and Engineering Consultants provides end-to-end consultancy services for infrastructure projects, including survey, design, and technical supervision for roads, railways, metros, town planning, geospatial mapping, land acquisition, water, transmission lines, pipelines, and other civil engineering sectors. The company reported a 16.1% rise in standalone net profit to Rs 34.83 crore on a 10.5% increase in revenue to Rs 154.14 crore in FY25 compared with FY24.

Shares of Monarch Surveyors and Engineering Consultants ended flat on the BSE.

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According to the disclosure, the contract involves appointment of a Program Implementation Support Consultant under the ADB/PISC Consulting Services for the Maharashtra Green Roads Connectivity for Inclusive Growth Programme. The engagement will support execution and monitoring of the state?s rural road connectivity initiative.

The company clarified that the contract does not fall under related party transactions, and neither the promoter nor promoter group entities have any interest in the awarding body or the project. The order has been awarded by a domestic entity and is subject to necessary government and regulatory approvals.

The project will be executed as per the Letter of Acceptance, with completion timelines aligned to contractual terms. The consideration for the assignment will be in cash. No equity stake or shareholding is involved, as the contract pertains purely to consultancy services.

Monarch Surveyors provides end-to-end consultancy services for infrastructure projects, including survey, design, and technical supervision for roads, railways, metros, town planning, geospatial mapping, land acquisition, water, transmission lines, pipelines, and other civil engineering sectors. The company reported a 16.1% rise in standalone net profit to Rs 34.83 crore, on a 10.5% increase in revenue to Rs 154.14 crore in FY25 compared with FY24.

The counter fell 2.25% to Rs 217 on the BSE.

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Monarch Surveyors and Engineering Consultants has recently received Letter of Acceptance for appointment of consultant for ADB/PISC Consulting Services for Program Implementation Support Consultant for Maharashtra Green Roads Connectivity for Inclusive Growth Program and the project have been awarded under a Joint Venture (JV), in which the Monarch Surveyors and Engineering Consultants holds a 70% partnership stake and total order value of the project is Rs. 23.53 crore.

As per MOU signed with a third-party, share of Monarch is 70% of the total order value. Accordingly, Monarch's order value is Rs. 16.47 crore.

The order entails the preparation of a Detailed Project Report (DPR) for the proposed Marine Shipyard Cluster (MSC) at Dighi in Raigad district, Maharashtra. The scope of work also includes geotechnical investigation and topographic survey services for the project.

The company said the contract is subject to obtaining the necessary approvals from relevant government authorities and will be executed in accordance with the terms specified in the Letter of Acceptance. The contract has been awarded on a cash consideration basis.

The company further clarified that the transaction does not qualify as a related-party transaction and that neither its promoters nor promoter group entities have any interest in the contract.

Monarch Surveyors provides end-to-end consultancy services for infrastructure projects, including survey, design, and technical supervision for roads, railways, metros, town planning, geospatial mapping, land acquisition, water, transmission lines, pipelines, and other civil engineering sectors. The company reported a 16.1% rise in standalone net profit to Rs 34.83 crore, on a 10.5% increase in revenue to Rs 154.14 crore in FY25 compared with FY24.

The counter rallied 4.97% to Rs 218.45 on the BSE.

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