Deepak Builders & Engineers India Ltd secured a Rs 548.70 crore EPC project for Shri Krishna Ayush University in Haryana. The order follows their L1 bid status and includes construction and site development over 36 months.
Deepak Builders Wins Rs 548.70 Crore EPC Order
Deepak Builders & Engineers India Ltd has officially received a Letter of Acceptance (LOA) for an EPC project worth Rs 548.70 crore at Shri Krishna Ayush University in Kurukshetra, Haryana. This follows the company's earlier announcement on May 27, 2026, where it was identified as the lowest bidder (L1).
What just happened
The company secured a significant project order valued at Rs 548.70 crore (including GST) from the Haryana State Industrial & Infrastructure Development Corporation Limited (HSIIDC).
Why this matters
This order enhances Deepak Builders' order book and provides revenue visibility for the next three years, demonstrating its capability in securing government infrastructure projects.
The backstory
Deepak Builders & Engineers India Ltd had previously announced its position as the L1 bidder for this project on May 27, 2026. The LOA formalizes this bid into a confirmed project.
What changes now
The company can now commence work on the construction of buildings, infrastructure, estate services, civil and MEP services, horticulture, and site development.
Risks to watch
Investors should monitor project execution timelines and cost management, particularly with the escalation clause, to ensure margin protection.
Peer comparison
While specific peer order wins are not detailed in the filing, securing large government EPC projects is a common objective for infrastructure construction companies in India.
Context metrics (time-bound)
- Project Value: Rs 548.70 crore (Inclusive of GST)
- Project Tenure: 36 months
- Client: Haryana State Industrial & Infrastructure Development Corporation Limited (HSIIDC)
What to track next
Future updates on project commencement, execution progress, and financial reporting related to this project will be crucial for investors.
Reader Takeaway: A substantial order win boosts revenue visibility; efficient execution and cost management are key.