Hazoor Multi Projects Secures Rs 77.60 Crore NHAI Toll Contracts

Total combined value: Rs 77.60 crore | Contract duration: 12 months for each project.

Reader Takeaway: These NHAI contracts provide stable revenue visibility, though margins will depend on operational efficiency in fee collection.

What just happened

Hazoor Multi Projects Ltd has received two formal Letters of Award from the National Highways Authority of India (NHAI). The contracts focus on toll fee collection and the associated maintenance of toilet facilities at specific highway stretches. The total value across both awards stands at Rs 77.60 crore.

Project Details

The awards are split between two distinct infrastructure zones:

• Kannoli and Harval Fee Plazas: Valued at Rs 49.49 crore, this contract covers the Bijapur-Gulbarga-Homnabad section of NH-50.
• Gaddurur (Nangli) Fee Plaza: Valued at Rs 28.10 crore, this contract covers the Mulbagilu to AP/KNT Border section of NH-75.
  Both agreements mandate that the company perform routine fee collection duties while also managing the upkeep and sanitization of adjacent public toilet blocks.

Why this matters

For investors, these contracts provide a clear one-year revenue stream. The infrastructure maintenance and tolling sector is increasingly competitive, and securing business from a nodal agency like the NHAI indicates the company’s ongoing operational capacity. The combined Rs 77.60 crore influx adds to the firm's order book and supports short-term cash flow predictability.

What to track next

Shareholders should monitor the operational costs associated with these mandates. Since the contract includes maintenance of amenities and consumables, margins will be sensitive to how efficiently the company manages these overheads versus the fixed fee income.