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← CockpitCompetitor Analysis › BONDADA.NS Bondada Engineering LimitedOpen in the cockpit ↗

Bondada Engineering LimitedBONDADA.NSCompetitor analysis, valuation and peers

India · INR·Construction & Infra›Engineering & Construction
Mkt cap
$327M
US dollars, full cap
Free float
28%
of shares outstanding
$/day
$201,314
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+13.4 pp
WACC 20.0%
Hurdle
-38 pp
Req g minus delivered
Close · INR₹276.65
1D-0.7%
1W+1.0%
1Mn/a
3Mn/a
6Mn/a
YTDn/a
1Yn/a

What Bondada Engineering does

Employees: 411

Bondada Engineering at a glance

Size Bondada Engineering (BONDADA.NS) is an India Industrials company (Engineering & Construction) with a market value of $327M, the 1018th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹276.65 on 6 Nov 2026.

Growth Revenue grew 202.0% over the last twelve months (peer median +9.3%); the operating margin is 11.0% (peer median 5.3%).

Valuation It trades at 1.0× enterprise value to sales against a peer median of 1.0× (11th cheapest of 21).

Price implies For today's price to make sense, revenue must grow about 20% a year for seven years (Req g). Recent delivered growth is +58%, so the hurdle is -38 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 13.4 points above its cost of capital (20.0% WACC).

Bondada Engineering financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹29.8B₹28.4B₹15.7B₹8.00B₹3.71B
Revenue growth—+81%+96%+116%—
Gross profit₹3.76B₹3.65B₹1.98B₹789M₹354M
EBITDA₹3.37B₹3.38B₹1.78B₹690M₹306M
Net income₹2.18B₹2.03B₹1.10B₹447M₹167M
Free cash flown/a₹645M-₹2.00B₹117M-₹416M
Capital expendituren/a₹282M₹434M₹282M₹45.9M
Total debtn/a₹2.92B₹1.92B₹725M₹842M

Quarterly statements and history in the cockpit →

Bondada Engineering competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Fundamentals: revenue growth against valuation

0%+50%+100%+150%+200%0×10×20×KNRCON0005481945CAPDJKILPSPPROJECT603176600463300198VINDHYATEL3010279929BONDADA.NSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Bondada Engineering is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%+60%0%25%50%1945CAPDJKILPSPPROJECT1898DUR301027603017DRX603183BONDADA.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Bondada Engineering is the large dot.

Bondada Engineering competitors and peer comparison

How Bondada Engineering compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Bondada Engineering against its 20 peers (data as of 6 Nov 2026)
MeasureBONDADA.NSPeer medianRank in peer set
Revenue growth (TTM)+202.0%+9.3%highest of 21
Operating margin11.0%5.3%5th highest of 21
EV / Sales1.0×1.0×11th cheapest of 21
Growth the price implies (Req g, 7 yrs)20.0%1.4%3rd most demanding of 11
Growth delivered (Del g)+58.2%+7.7%highest of 11
Hurdle (Req g minus delivered)-38.1 pp-9.3 ppleast demanding of 11
ROIC minus cost of capital+13.4 pp-1.2 pp3rd highest of 20
EV / EBITDA9.2×8.0×5th most expensive of 11
Net debt / EBITDA0.1×-0.4×5th most indebted of 13

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Bondada Engineering BONDADA.NSIndia$327Mn/a+202%11%1.0×20.0%+58.2%
KNR Constructions KNRCON.NSIndia$327M-19%-38%25%1.1×n/an/a
Hunan Investment 000548.SZChina$326M-18%-19%19%4.4×n/an/a
Tokyo Energy & Systems 1945.TJapan$326M-10%+29%6%0.7×3.0%+6.9%
Capital CAPD.LUnited Kingdom$329M-4%+16%15%0.7×-4.9%+20.0%
J. Kumar Infraprojects JKIL.NSIndia$331M-20%-2%11%0.5×-2.1%+17.4%
PSP Projects PSPPROJECT.NSIndia$333M-7%+45%4%0.9×29.2%+20.5%
Ohmoto Gumi 1793.TJapan$320M+15%+36%4%0.4×n/an/a
Mirbud MRB.WAPoland$319M+10%+6%4%0.5×n/an/a
Seikitokyu Kogyo 1898.TJapan$318M-4%-5%7%0.4×-15.2%+1.1%
Huitong Construction 603176.SSChina$340M-14%-24%5%1.9×n/an/a
Beijing Airport High-Tech Park 600463.SSChina$314M-35%+15%-9%3.9×n/an/a
Duratec DUR.AXAustralia$341M-28%0%5%0.8×4.6%+19.3%
Fujian Newchoice Pipe Technology 300198.SZChina$311M-21%+37%-154%21.8×n/an/a
Vindhya Telelinks VINDHYATEL.NSIndia$310M+47%-18%7%0.9×n/an/a
Hualan 301027.SZChina$310M-43%+12%4%2.7×22.0%-7.9%
ARTS 603017.SSChina$345M-46%-10%9%1.4×-0.2%-8.5%
ADF DRX.TOCanada$346M+62%+30%14%1.2×-15.6%+8.4%
Suzhou Institute of Building Science 603183.SSChina$347M-3%-6%7%3.0×10.1%+0.2%
C and D Holsin Engineering Consulting 603909.SSChina$348M-27%+23%2%0.1×n/an/a
SEM 9929.HKHong Kong$306M-8%+34%-81%28.9×n/an/a

Questions

Which companies are Bondada Engineering's closest peers?
The cockpit's peer set: KNR Constructions (KNRCON.NS), Hunan Investment (000548.SZ), Tokyo Energy & Systems (1945.T), Capital (CAPD.L), J. Kumar Infraprojects (JKIL.NS), PSP Projects (PSPPROJECT.NS), Ohmoto Gumi (1793.T), Mirbud (MRB.WA).
Is Bondada Engineering expensive compared with its peers?
On ev / sales it trades at 1.0× against a peer median of 1.0×, 11th cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about 20% a year for seven years (Req g). Recent delivered growth is +58%, so the hurdle is -38 pp: the price already allows for a slowdown.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.