Univastu India Secures ₹391.76 Crore Metro Contract from L&T
Univastu India Limited secured a ₹391.76 Crore contract from Larsen & Toubro for Mumbai Metro Line 4 & 4A E&M works. The project includes 5 years of maintenance. Execution begins November 27, 2025, with a 100-week D&B period. This strengthens Univastu's position in infrastructure projects.
The order value of ₹391.76 Crores is significant and will contribute to the company's revenue and market position, especially with the long-term maintenance component.
The company has secured a substantial new order, which is a positive development for its business and revenue outlook.
Univastu India Limited has announced the receipt of a significant work order from Larsen & Toubro Limited, valued at ₹391.76 Crores (Rupees Three Hundred and Ninety-One Crore Seventy-Six Lakh Only) including GST. The order pertains to the Design, Manufacture, Supply, Installation, Integration, Testing, and Commissioning of Electrical & Mechanical works for the Mumbai Metro Line 4 and its Extension Corridor (4a) under MMRDA, against CA-298.
The scope of the project includes a comprehensive 5-year maintenance period following a 2-year Defect Liability Maintenance Period (DLMP). This involves training, supply of spares, special tools, testing and diagnostics equipment, jigs, and fixtures for maintenance and repairs of E&M systems for 32 stations at the main line and depot.
The execution timeline for the Design & Building (D&B) phase is 100 weeks, followed by a 2-year DLMP and a 5-year Comprehensive Maintenance Period (CMP). The project's commencement date is aligned with the main contract, set for 27th November, 2025.
Univastu India Limited views this order as a major milestone, reinforcing its position in executing urban infrastructure projects. The long-term maintenance component is expected to provide stable, multi-year revenue visibility and enhance the company's annuity-type project portfolio. This award also signifies the continued confidence of industry leaders like Larsen & Toubro Limited in Univastu's capabilities.
What to do with a filing like this
Univastu India Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Univastu India Limited. Read the original for the full detail.