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Ceinsys Tech hits the roof after securing LoA for 3-year contract from MMRDA
12-May-25   09:26 Hrs IST

The contract is for undertaking the supply, installation and commissioning of Autodesk Architecture, Engineering and Construction (AEC) Collection IC Commercial ELD for MMRDA. The AEC Collection is a suite of professional software tools used for designing and managing construction projects.

The total value of the above contract is Rs 5.50 crore.

Ceinsys Tech is a part of the Nagpur-based Meghe group. The company is a technology solutions provider of geospatial engineering, mobility engineering services and enterprise solutions. The company has organised its business into three segments: enterprise geospatial & engineering services (EGES), software products and power generation.

The company's consolidated net profit jumped 88.37% to Rs 21.87 crore in the quarter ended March 2025 from Rs 11.61 crore recorded in the previous quarter ended March 2024. Revenue in the fourth quarter increased by 81.92% YoY to Rs 142.39 crore.

In the last one year, the scrip has zoomed 194.15% while the benchmark S&P BSE Sensex and the S&P BSE SmallCap index have gained 11.87% and 6.59%, respectively.

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