Hazoor Multi Projects has secured a ₹44.23 crore contract from NHAI for toll collection and maintenance on NH-150A in Karnataka. The order strengthens the company’s infrastructure execution pipeline and boosts long-term revenue visibility.
Author: Aditya Pareek | EQMint
Infrastructure company Hazoor Multi Projects Limited has announced a significant development that could strengthen its project pipeline and revenue visibility. The company has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for a major toll collection and maintenance project in Karnataka.
This Hazoor Multi Projects NHAI contract represents an important milestone for the company as it continues to expand its footprint in the infrastructure and highway operations segment.
Project Overview: NH-150A Toll Collection Contract
According to the company’s stock exchange filing dated 17 February 2026, the project involves:
- Toll collection at Balenahalli Fee Plaza
- Maintenance and upkeep of facilities
- Execution period of one year
- Located on NH-150A in Karnataka 2
The contract covers the four-lane section from Challakere to Hiriyur, a key highway stretch that plays an important role in regional connectivity.
This Hazoor Multi Projects infrastructure project strengthens the company’s position in highway operations and toll management.
Contract Value: ₹44.23 Crore Order Win
The filing states that the broad consideration of the contract is:
₹44,23,80,000 (₹44.23 crore)
This Hazoor Multi Projects order win is expected to contribute significantly to the company’s revenue over the execution period.
For investors tracking Hazoor Multi Projects share news, this contract signals continued momentum in the company’s infrastructure business.
Key Details from the Official Filing
The company disclosed the project details under SEBI Regulation 30, ensuring transparency for investors.
Important highlights include:
- Awarding Authority: National Highways Authority of India (NHAI)
- Nature of Contract: User fee collection
- Project Type: Domestic infrastructure contract
- Execution Timeline: 1 year
- Competitive bidding via e-tender process 2
The filing also confirms that:
- It is not a related party transaction
- No promoter interest exists in the awarding entity
These governance disclosures strengthen confidence in the Hazoor Multi Projects LOA announcement.
Why This NHAI Contract Matters
The Hazoor Multi Projects NHAI contract is significant for multiple reasons.
Strengthens Order Book
The ₹44 crore project enhances revenue visibility and execution pipeline.
Expands Highway Operations Portfolio
Toll collection and highway maintenance are recurring revenue businesses.
Improves Market Credibility
Winning an NHAI contract via competitive bidding highlights execution capability.
Supports Infrastructure Growth Strategy
The project aligns with the company’s infrastructure expansion focus.
Enhances Investor Sentiment
Infrastructure order wins often act as positive triggers in Hazoor Multi Projects share news.
About the NH-150A Highway Stretch
The project covers a crucial highway section in Karnataka connecting:
- Challakere
- Hiriyur
This corridor plays an important role in:
- Regional logistics
- Industrial transportation
- Economic connectivity
Managing toll operations on such a route provides consistent operational revenue.
This further strengthens the value of the Hazoor Multi Projects infrastructure project.
Revenue Visibility and Operational Impact
Toll collection projects typically offer:
Predictable cash flows Stable short-term revenue Operational experience in highway assets
The Hazoor Multi Projects order win adds recurring income potential over the contract period.
Such contracts help companies build credibility for larger infrastructure opportunities in the future.
Infrastructure Sector Tailwinds
India’s infrastructure sector continues to benefit from:
- Government highway expansion
- Increased public-private partnerships
- Rising logistics demand
- National infrastructure pipeline projects
Winning NHAI projects positions companies to benefit from these tailwinds.
The Hazoor Multi Projects LOA announcement aligns with this broader sector growth.
Investor Perspective
For investors monitoring Hazoor Multi Projects share news, this contract indicates:
- Continued project wins
- Execution capability
- Stable revenue inflow
- Participation in government infrastructure programs
Infrastructure order announcements often serve as leading indicators of future revenue growth.
What Happens Next
The next steps include:
- Project execution and toll operations setup
- Revenue realization during contract period
- Potential bidding for additional NHAI projects
The company may continue pursuing similar opportunities as part of its growth strategy.
Conclusion
The Hazoor Multi Projects NHAI contract worth ₹44.23 crore marks a positive development for the company’s infrastructure business. The Hazoor Multi Projects order win strengthens its execution pipeline and supports revenue visibility for the coming year.
As India continues investing heavily in highways and infrastructure, the company appears well-positioned to benefit from long-term sector growth.
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Source link: BSE
Disclaimer: This article is not an investment advice and is for educational purpose only
