The Monarch Surveyors and Engineering Consultants Limited (BSE: 544453) has officially announced the receipt of a Letter of Acceptance (LoA) for a significant railway consultancy project.
Project Route: New railway line between Jammu Tawi (JAT) and Shri Mata Vaishno Devi Katra (SVDK) stations in the Jammu Division.
Total Order Value: ₹6,18,96,221.98 (Rupees Six Crore Eighteen Lakh Ninety-Six Thousand Two Hundred and Twenty-One Rupees and Ninety-Eight Paise Only), or approximately ₹6.18 crore.
Scope of Work: The company will be responsible for several critical pre-construction and planning activities, including:
Final Location Survey
Associated Geological and Traffic Studies
Techno-Economic Analysis
Design of Railway Alignment
Preparation of a Detailed Project Report (DPR) for the new railway line.
Significance: This order is a strong addition to Monarch’s growing portfolio and underscores the company’s expanding role in India’s railway development. The project is expected to boost business growth, strengthen Monarch’s position in the engineering consultancy sector, and support improved connectivity and transportation efficiency in the vital Jammu region.
II. Company History
Monarch Surveyors and Engineering Consultants Limited has a history spanning over two decades in the infrastructure consultancy sector:
1999: The company was originally incorporated on July 20, 1999, as a private limited company under the name "Monarch Surveyors and Contractors Private Limited."
2008: The name was changed to "Monarch Surveyors and Engineering Consultants Private Limited."
2024: The company was converted from a private limited company to a Public Limited Company and the name was changed to "Monarch Surveyors and Engineering Consultants Limited" on January 13, 2024.
2025 (July): The company launched its Initial Public Offering (IPO) and was subsequently listed on the BSE SME platform.
Early Focus: The early years of the company were marked by work involving hand-carved cadastral maps and contour markings.
Key Projects & Milestones: The company has since executed a variety of large infrastructure projects, including work on the Nagpur-Mumbai Samruddhi Expressway and a rail corridor project in Sri Lanka's Jaffna region.
III. Core Business
Monarch Surveyors and Engineering Consultants Limited specializes in providing comprehensive consultancy services for infrastructure projects, covering the entire lifecycle from concept to commissioning.
The company's expertise spans a wide range of sectors and services, including:
| Sector Focus | Specialized Services |
| Railways & Metros | Survey, Design, and Detailed Project Report (DPR) preparation. |
| Roads & Highways | Technical supervision, feasibility studies, and design. |
| Water Management | Surveying and engineering for water projects. |
| Geospatial & Mapping | Surveying and mapping, Geographic Information System (GIS) based land planning. |
| Civil Engineering | Geotechnical investigation, traffic studies, techno-economic analysis, land acquisition. |
| Other Infrastructure | Pipelines, transmission lines, urban/town planning, and Project Management Consultancy (PMC). |
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The company caters to a diverse client base, including the Government of India, various State Governments, Municipalities, and corporate entities.
IV. Revenue Table (Standalone Financial Performance)
The table below provides a summary of the company's standalone financial revenues and profits for the most recent available fiscal years (in ₹ Crores):
| Particulars | Mar 2025 (₹ Cr.) | Mar 2024 (₹ Cr.) | Mar 2023 (₹ Cr.) |
| Total Revenue | 155.66 | 141.27 | 72.72 |
| Operating Profit | 51.11 | 42.78 | 11.68 |
| Profit After Tax (PAT) | 34.83 | 30.01 | 8.59 |
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Note: Financial data is based on the company's standalone results for the financial years ending on March 31.
V. Additional Order News
In addition to the ₹6.18 Crore railway project, Monarch Surveyors has recently secured other notable contracts:
Somanath-Dwarka Expressway Project:
Value: A contract valued at approximately ₹41.43 crore for consulting services related to land acquisition activities for Package 3 (Rajkot to Dwarka section).
Rowghat-Jagdalpur Railway Line:
Value: A railway infrastructure project valued at ₹2.01 crore for preliminary work on a new 140 km line, including land acquisition and geo-technical work.
Kolkata and Haldia Dock Systems:
Value: A consultancy contract valued at ₹2.46 crore for a Traffic Circulation & Safety Study project.