DELHI (Metro Rail News): Monarch Surveyors and Engineering Consultants’ shares moved upward on Wednesday after the company announced a significant order win from Northern Railways. The stock jumped 12.63% to Rs 244.40, soon after the huge investment of Rs 130 crore contract announcement.
The company has been assigned the project for survey and land acquisition-related work for railway infrastructure development. As part of the contract, Monarch Surveyors will undertake the Final Location Survey (FLS), which includes geopolitical studies, design planning, and preparation of technical drawings. These activities are critical in determining the possible risk and alignment of the proposed railway projects.
Beyond survey work, the company will also contribute to preparing Detailed Project Reports (DPRs) through Preliminary works, assist in land acquisition processes and create EPC tender documentation.
Broad scope of work
The project will involve multiple railway development activities, such as –
- Survey of new railway lines and routes
- Planning support for doubling and multi- tracking of existing lines
- Technical assistance for flyovers and other railway infrastructure
The company will also work closely with the Authority for Land Acquisition (CALA) to facilitate land-related approvals and processes, which are often a big challenge in infrastructure projects.
Timeline details
According to the company, the project is expected to be completed within 36 months from the date of receiving the letter of acceptance. The project is within India, and all work will be carried out locally.
Even though the contract is awarded, the work can move forward only after getting all the required permission and clearance from government authorities.
Financial Performance and Outlook
In FY25, Monarch Surveyors reported a 16.1% rise in net profit to Rs 34.83 crore, while revenue increased 10.5% to Rs 154.14 crore. This new contract is expected to strengthen the company’s order book and improve its visibility in the railway sector.
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