Hazoor Multi Projects has secured a ₹182.95 crore construction work order from Tata Steel for a major residential colony project in Odisha. The order significantly strengthens the company’s order book and long-term revenue visibility.
Author: Aditya Pareek | EQMint
Infrastructure and construction company Hazoor Multi Projects Limited has announced a major business development that could significantly boost its execution pipeline and revenue visibility.
According to the company’s official stock exchange filing dated 20 February 2026, Hazoor Multi Projects has received a work order from Tata Steel Limited for a large residential colony construction project.
This new Hazoor Multi Projects Tata Steel order is one of the company’s significant construction contracts and marks a major milestone in its infrastructure growth journey.
Project Overview: Residential Colony at Tata Steel Site
The work order pertains to the design, engineering, execution, and handover of an OPR & NOPR residential colony at:
TSSIJ, Bileipada, Joda (Odisha)
The project includes construction of apartment blocks with G+9 structure designed specifically for Tata Steel employees.
This Hazoor Multi Projects construction project will include:
- Civil works
- Architectural works
- Electrical installations
- Plumbing and sanitary works
- Firefighting systems
- Waterproofing
- Underground & overhead water storage tanks
- Area development
- Automated lifts installation 22
This comprehensive scope highlights the company’s end-to-end construction capabilities.
Project Scale: 360 Residential Units
The filing reveals the project will deliver:
- 288 NOPR residential units (~900 sq. ft each)
- 72 OPR residential units (~1,100 sq. ft each)
This large housing development strengthens the company’s credentials in residential and industrial infrastructure construction.
Order Value: ₹182.95 Crore Contract
The broad consideration of the contract is:
₹1,82,95,03,800.04 (₹182.95 crore) + GST
This major Hazoor Multi Projects work order significantly enhances the company’s order book.
Execution Timeline: 24 Months
The project is scheduled to be completed within:
24 months
A two-year execution timeline ensures:
- Stable revenue flow
- Strong project visibility
- Long-term business momentum
This improves the outlook for Hazoor Multi Projects share news.
Why This Tata Steel Order Matters
Winning a contract from Tata Steel Limited is a major credibility boost.
Strong Client Reputation
Tata Steel is one of India’s largest industrial companies.
Significant Order Book Addition
₹182.95 crore adds substantial revenue visibility.
Demonstrates Execution Capability
The project involves end-to-end engineering and construction.
Strengthens Infrastructure Portfolio
Expands presence in industrial housing and township projects.
Positive Investor Sentiment
Large order wins often act as growth triggers in Hazoor Multi Projects share news.
Domestic Infrastructure Growth Opportunity
The filing confirms the contract is:
- Awarded by a domestic entity
- Not a related party transaction
This reinforces transparency and governance compliance.
India’s infrastructure sector continues to benefit from:
- Industrial expansion
- Employee housing demand
- Township development projects
- Corporate infrastructure investments
This creates strong tailwinds for the Hazoor Multi Projects order book.
Strengthening Order Book and Revenue Visibility
Large EPC contracts typically provide:
Long-term revenue pipeline Execution stability Improved financial visibility Strong business momentum
The Hazoor Multi Projects Tata Steel order significantly strengthens future revenue prospects.
Investor Perspective
For investors tracking Hazoor Multi Projects share news, this development signals:
- Strong order inflow
- Growing project pipeline
- Expanding client base
- Execution capability validation
Infrastructure order wins are often seen as early indicators of future growth.
Future Outlook
With this major project secured, the company may:
- Bid for additional industrial projects
- Expand EPC capabilities
- Strengthen partnerships with large corporates
The Hazoor Multi Projects construction project pipeline appears to be gaining momentum.
Conclusion
The ₹182.95 crore Hazoor Multi Projects Tata Steel order marks a significant milestone in the company’s growth journey. The large residential construction project strengthens the company’s order book, enhances execution visibility, and reinforces its position in the infrastructure sector.
As India continues to invest in industrial and residential 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
