Oval Projects Engineering Ltd
🔍 Oval Projects Engineering Ltd: ₹716 Cr Order Book & Bold Expansion Plans in India's Energy Boom 🚀
- ₹716 Cr Order Book with 58 km of 10-inch pipeline projects completed
- Targets expanding to 295+ Geographical Areas for CGD network
- 33,500+ km gas pipeline network planned by 2030
- ₹153.14 Cr FY26 revenue, ₹28.25 Cr EBITDA (18.44% margin), ₹14.81 Cr PAT (9.67% margin)
- India’s energy infrastructure offers ₹35 Lakh Cr opportunity; gas share aims to rise from 6.5% to 15% by 2030
- National Infrastructure Pipeline (NIP) allocates ₹8-10 Lakh Cr for Oil & Gas
- Market cap: ₹124.13 Cr, CMP ₹59.77 (52-week range: ₹86.00/42.50)
- Three-phase growth roadmap targeting ₹1,000 Cr revenue
- Strengths: East India focus, zero bad debt history, PSU empanelment