The Company has informed the exchange about the Construction Contract entered between GHV Infra Projects Limited (''the Company'') and APCO Infratech Private Limited
ORDERS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 12 Apr 2026, 03:27 PM IST · BSE ID: 2f4141a3-7465-4e16-90fa-a647079f394d
View Original BSE Filing (PDF)
⚡ Quick Answer
GHV Infra Projects Ltd has secured a significant Rs. 1,250 Crores EPC contract for expressway connector development from Jalna to Nanded, Maharashtra, with APCO Infratech Private Limited. The project has a 30-month execution period and covers survey, design, engineering, construction, and maintenance. This order was officially disclosed on April 12, 2026.
💡
In Simple Terms
The company won a Rs. 1,250 Crore construction contract to build expressway connectors in Maharashtra, with 2.5 years to complete the work.
🤖 AI Summary
- GHV Infra signs Rs. 1,250 Crore EPC contract with APCO Infratech for expressway connectors
- Project scope: Jalna to Nanded expressway development, Maharashtra, full infrastructure delivery
- Contract execution period: 30 months; value excludes taxes
- Work classified as Engineering, Procurement and Construction (EPC) contract
- No related-party interest declared; filing states transaction not within related-party ambit
🔢 Key Numbers — exact figures from BSE filing, not rounded
Contract Value (excluding taxes)
Rs. 1,250 Crores
Execution Period
30 months
Client Name
APCO Infratech Private Limited
Contract Type
EPC (Engineering, Procurement, Construction)
Project Geography
Jalna to Nanded expressway connectors, Maharashtra
🏢 How This Affects the Company
Contract adds Rs. 1,250 Crores to order book with 30-month revenue visibility. Combined with two related-party orders disclosed April 9 (Rs. 105 Cr and Rs. 111 Cr), company has secured Rs. 1,466 Crores in construction pipeline within 72 hours.
Rs. 1,250 Crores contract value (excluding taxes) creates 30-month revenue recognition opportunity and cash inflow visibility. Contract commencement, milestone schedules, and payment terms not disclosed in filing.
30-month project execution requires workforce scaling, supply chain setup, and project management infrastructure for expressway construction including survey, design, engineering, and procurement activities.
Contract with non-promoter entity (APCO Infratech) reduces related-party concentration risk compared to April 9 orders. However, 30-month timeline creates execution risk; project delays or cost overruns directly impact profitability. Payment terms and client creditworthiness not disclosed.
👥 What This Means For Shareholders
✅
Action Required
No immediate action required. Track quarterly results for revenue recognition timing and cash inflow commencement.
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Who Is Affected
All shareholders benefit from expanded order book. Equity holders gain revenue visibility; debt holders gain improved cash generation capacity over 30-month period.
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Management Signal
Aggressive order acquisition across both related-party (Rs. 216 Cr) and arm's-length (Rs. 1,250 Cr) clients signals confidence in execution capability and working capital management.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q4 FY26 / Q1 FY27 results — check revenue recognition start date and cash inflow commencement
Order details disclosure — watch for payment terms, milestones, retention clauses in future quarterly updates
Project completion tracking — monitor quarterly progress reports for schedule adherence and cost management
MEDIUM RISK
30-month execution timeline introduces delivery and cost overrun risk. Payment terms, client creditworthiness, and margin structure undisclosed. Related-party order concentration remains elevated.
💡 Investor Takeaway
GHV Infra secured Rs. 1,250 Crores in EPC contract value for 30-month expressway project execution. Combined with Rs. 216 Crores in related-party orders announced April 9, company disclosed Rs. 1,466 Crores pipeline in 72 hours. Payment terms and margin assumptions remain undisclosed.
⚖️ Strengths & Concerns
✅ Positives
- Rs. 1,250 Crore contract value provides 30-month revenue visibility and material pipeline addition
- Domestic EPC contract with established client (APCO Infratech CIN U51432UP1992PTC013969) reduces execution uncertainty
⚠️ Concerns
- Payment terms, milestones, and advance/retention schedules not disclosed — cash flow timing unknown
- No disclosure of order profitability, margin assumptions, or cost structure assumptions underlying bid
📅 Company Track Record
GHV Infra Projects (formerly Sindu Valley Technologies Limited, CIN L43900MH1976PLC457495) disclosed two related-party work orders on April 9, 2026: Rs. 105 Crore and Rs. 111 Crore contracts from GHV (India) Limited, both 24-month execution. April 12 filing represents first major arm's-length infrastructure contract win, suggesting diversification into non-related client base.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the total value of the contract won by GHV Infra Projects Ltd?
The contract value secured by GHV Infra Projects Ltd from APCO Infratech Private Limited is Rs. 1,250 Crores, excluding taxes.
How long will it take GHV Infra Projects Ltd to execute the new expressway contract?
The execution period for the expressway connector development contract awarded to GHV Infra Projects Ltd is 30 months.
Which company has GHV Infra Projects Ltd entered into a construction contract with?
GHV Infra Projects Ltd has entered into a construction contract with APCO Infratech Private Limited.
What is the geographical scope of the contract awarded to GHV Infra Projects Ltd?
The contract awarded to GHV Infra Projects Ltd is for expressway connector development from Jalna to Nanded in Maharashtra.
When did GHV Infra Projects Ltd disclose this major order win?
GHV Infra Projects Ltd disclosed this order win under Regulation 30 of SEBI LODR on April 12, 2026.
Questions based on this BSE filing only. For information purposes.