Incorporated in 1924, Simplex Infrastructures Ltd is a civil engineering and construction contracting company that has established itself as a leading player in India's infrastructure development sector. Based in Kolkata, India, the company has built a remarkable legacy over nearly a century of operations. It was initially established by UK-based H P Lancaster to accelerate infrastructure development in East Asia. Immediately following India's independence, the company was taken over by the Kolkata-based Mundhra family.
Simplex Infrastructures Limited, together with its subsidiaries, operates as a diversified infrastructure company in India and internationally. It is in the business of infrastructure building with over 2600 completed projects through EPC contracts and turnkey projects related to civil construction across various sectors. The company's operations span multiple critical sectors of the economy, including:
- Transport
- Energy & Power
- Mining
- Buildings
- Marine
- Real Estate
Its comprehensive service portfolio includes construction and engineering services for piling, energy and power, building and housing, marine, roads and highways, railways, urban infrastructure, and other sectors.
The company demonstrates expertise in complex infrastructure projects through its specialized services. It builds rail infrastructure, including rail tracks, station buildings, bridges, and culverts, and designs and constructs high-rise infrastructure, such as multi-storeyed residential towers, institutional/IT buildings, hotels, hospitals, and mass housing projects.
Additionally, Simplex Infrastructures builds industrial structures comprising steel and power plants, and undertakes projects for cement, aluminum, copper, engineering, automobiles, petrochemicals, fertilizers, paper textiles, pharmaceuticals, chemicals, and other industrial plants.
The company also engages in erecting various types of power infrastructures that include thermal, hydel, and nuclear, as well as ultra-mega power projects. It specializes in underwater piling (including steel piling) and building bridges across rivers. Simplex undertakes ground engineering projects, including pre-cast and jointed piling, cast-in-situ, and driven and bored piling, as well as soil investigation, soil compaction, diaphragm walls, grouting, and stone columns. The company also provides airport renovation and modernization, mining and oil drilling services, leases equipment, and sells scraps.
Simplex Infrastructures has established a strong market presence with an impressive track record. At present, the company has an order book of $2 billion with over 140 project locations in India and overseas, registering its presence in almost all Indian states and the Middle East. It has executed over 2000 prestigious projects in India and abroad.
The company's experience is particularly notable in critical infrastructure sectors, as its strong infrastructural grounding is reflected in its track record of having been associated with:
- More than 80% of India's thermal projects (coal, gas, nuclear, hydel)
- 15 steel plants
- 24 petrochemical / chemical plants
- More than 100 bridges, roads and railway projects in India
As of recent market data, the market capitalization of Simplex Infrastructures Ltd (SIMPLEXINF) is ₹1,876.97 Crore as of May 29, 2025.
- Market Capitalization: ₹1,876.97 Crore (as of May 29, 2025)
- Promoter Holding: 42.4%
- Stock Valuation: Trading at 3.62 times its book value.
- P/E Ratio: 162.09
- P/B Ratio: 8.04
- 52-week Range: High ₹352, Low ₹109.05
- Q4 FY25 Performance:
- Net profit declined 73.53% to Rs 43.44 crore in the quarter ended March 2025 (vs. Rs 164.10 crore in Q4 FY24).
- Sales declined 21.85% to Rs 281.94 crore in the quarter ended March 2025 (vs. Rs 360.75 crore in Q4 FY24).
- FY25 Annual Performance:
- Net profit reported to Rs 11.58 crore in the year ended March 2025 (vs. net loss of Rs 72.27 crore in FY24).
- Sales declined 22.53% to Rs 1075.60 crore in the year ended March 2025 (vs. Rs 1388.47 crore in FY24).
The company operates through multiple business segments to serve diverse infrastructure needs. These segments include:
- Ground Engineering
- Industrial
- Building & Housing
- Power
- Marine
- Roads, Railways & Bridges
- Urban infra
This diversified approach allows the company to capitalize on various infrastructure development opportunities across different sectors.
Today, Simplex Infra has emerged as a leading service provider of infrastructure and construction. The company's competitive advantage lies in its technological capabilities and quality focus. The employment of the latest technology has helped Simplex Infrastructure execute projects with precision and timeliness.
The company enjoys an enviable industry standing on account of its quality assurance, project monitoring, credible time management, adherence to milestones, and problem management. Simplex Infrastructure maintains strategic partnerships across the industry, with tie-ups with technocrats, consultants, architects, and engineers in both public and private domains. This network of relationships has been crucial in maintaining its market position and securing new projects.
Simplex Infrastructures Ltd (SIMPLEXINF) belongs to the Industrials sector and Construction & Engineering sub-sector. The company continues to play a significant role in India's infrastructure development story, leveraging its century-long experience and comprehensive service capabilities to serve both domestic and international markets.
