SRM Contractors Bags ₹168 Crore Orders from NHAI and PWD Boosting Growth
Finance Saathi Team
15/Apr/2026
- SRM Contractors secures ₹168 crore contracts from NHAI and PWD for highway and infrastructure projects across Himachal Pradesh and Maharashtra.
- Detailed breakdown of projects including landslide mitigation, road construction scope, timelines and EPC execution model insights.
- Impact on company growth, order book strength and future outlook in India’s expanding infrastructure and highway development sector.
SRM Contractors Limited, an infrastructure and EPC company, has announced that it has successfully secured contracts worth ₹168 crore. These contracts have been awarded by:
- National Highways Authority of India (NHAI)
- Public Works Department (PWD), Maharashtra
This development significantly strengthens the company’s order book and enhances its position in the infrastructure construction sector.
Breakdown of the ₹168 Crore Orders
The total contract value includes:
1. NHAI Project – ₹128 Crore
- Awarding Authority: National Highways Authority of India
- Project Value: ₹128 crore
- Project Type: EPC (Engineering, Procurement and Construction)
Scope of Work
- Construction of long-term remedial measures
- Landslide-prone area at Thalout
- Stretch between Pandoh to Kullu section of NH-03 (Old NH-21)
- Location: Himachal Pradesh
Execution Timeline
- 12 months from appointed date
This project highlights:
- Expertise in geotechnical and infrastructure solutions
- Focus on highway safety and stability
2. PWD Maharashtra Project – ₹40 Crore
- Awarding Authority: Public Works Department, Maharashtra
- Project Value: ₹40 crore
Scope of Work
- Construction of 2-lane + paved shoulder (2L + PS) road
- Development of minor bridges and culverts
- Work on Nal River section
- Stretch: Nandgaon Peth–Morshi–Warud–MP Border Road (NH-353K)
Execution Timeline
- 18 months from appointed date
This project reflects:
- Capability in road construction and civil infrastructure
Nature of Contracts
Both contracts are:
- Domestic projects
- Executed under EPC mode
Under EPC mode, the company is responsible for:
- Design
- Procurement
- Construction
- Project delivery
Strategic Importance of These Orders
The order wins are important for several reasons:
1. Strengthening Order Book
- Adds significant value to the company’s project pipeline
2. Diversified Project Portfolio
- Covers both mountain infrastructure and road development
3. Government Client Base
- Association with NHAI and PWD enhances credibility
No Related Party Transactions
The company has clarified that:
- There is no promoter or group interest in awarding entities
- These are not related party transactions
This ensures:
- Transparency
- Arm’s length dealings
Industry Outlook: Infrastructure Growth in India
India’s infrastructure sector is witnessing rapid growth due to:
- Government focus on highway development
- Investments in road connectivity
- Focus on disaster mitigation infrastructure
This creates strong opportunities for EPC players like:
- SRM Contractors Limited
Company Overview
SRM Contractors Limited operates in the EPC infrastructure space, specialising in:
- Road construction
- Highway projects
- Civil engineering works
The company earns revenue through:
- Execution of government and infrastructure contracts
Strengths of SRM Contractors
1. EPC Execution Capability
End-to-end project execution ensures:
- Better control over timelines and costs
2. Government Project Experience
Working with authorities like:
- NHAI
- PWD
enhances reliability
3. Diverse Infrastructure Expertise
Projects across:
- Roads
- Bridges
- Geotechnical works
Risks and Challenges
1. Execution Risk
Projects may face:
- Delays
- Cost overruns
2. Dependency on Government Contracts
Revenue largely depends on:
- Government spending
3. Environmental and Terrain Challenges
Projects in areas like Himachal Pradesh involve:
- Complex terrain conditions
Future Outlook
With these new contracts, SRM Contractors is expected to:
- Strengthen its market position
- Improve revenue visibility
- Expand its project execution footprint
The focus on infrastructure development in India suggests:
- Continued opportunities for growth
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