Brahmaputra Infrastructure Signs ₹70.18 Crore Mizoram Highway Contract, Company Expects 15-20% EBITDA Margin
Mumbai: Brahmaputra Infrastructure Limited has signed a Rs 70.18 crore agreement for the operation and maintenance of a key national highway stretch in Mizoram. The contract was awarded by the Ministry of Road Transport and Highways through the Chief Engineer, PWD Highway, Aizawl. Five-Year Maintenance Contract The performance-based maintenance contract covers an 87.18-km section of National…
Mumbai: Infrastructure firm Brahmaputra Infrastructure Limited has secured a ₹70.18 crore contract for the operation and maintenance of a crucial national highway stretch in Mizoram, according to the company's regulatory filing. The performance-based agreement covers an 87.18-kilometer section of National Highway 502A, stretching from kilometer 0 to kilometer 87.180, and will be in effect for five years, or 60 months.
The contract encompasses the entire highway corridor, including maintenance tasks during the monsoon season, and will be managed by Brahmaputra Infrastructure's Multi Modal Project Division.
NH-502A traverses southern Mizoram, linking the Myanmar border with Lawngtlai, making it one of the most remote and strategically significant highway corridors in India's Northeast. Establishing local facilities, such as plants, machinery, workforce camps, and logistics support in this challenging terrain will be essential to executing the project.
The company anticipates that the presence in the region could provide a long-term competitive advantage and bolster its chances of securing additional infrastructure projects in the India-Myanmar border area.
Brahmaputra Infrastructure expects the five-year contract to significantly boost its revenue and fortify its operational presence in the Northeast, projecting an EBITDA margin of 15 to 20 percent. The company sees the contract as a testament to its technical proficiency and ability to manage intricate highway maintenance work in difficult frontier areas.
The agreement was officially recorded with the Bombay Stock Exchange (BSE) under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This contract was awarded by a domestic government body and does not involve any related-party transactions or interest from promoters.
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