Ganesh Infraworld

What Ganesh Infraworld does

Ganesh Infraworld Limited is an India-based engineering, procurement and construction (EPC) infrastructure company executing civil, electrical, road, rail, and water infrastructure projects for central and state government agencies, public sector undertakings, and large private corporations. The company originated as M/s Ganesh International in 2017 and converted to a public limited company listed on NSE under the ticker GANESHIN. Its service portfolio spans industrial construction (manufacturing/production facilities), non-industrial construction (residential and commercial buildings), plant and warehouse projects, electrical engineering (substation electrification, transmission/distribution, heavy machinery installation), road infrastructure (PCC, bituminous concrete, boundary fixing), rail infrastructure (overhead equipment design, supply, erection, testing, commissioning) and water infrastructure (water pipelines, pumping systems, treatment plants, tubewells, elevated surface reservoirs, household connections under programs such as Har Ghar Jal Mission). Named clients include PMGSY, PowerGrid, BMC, Indian Oil, BPCL, Adani Group, Tata Group, L&T, Shapoorji Pallonji, Maruti Suzuki, KEC International, and Engineers India Limited.

Revenue is generated through project-based EPC contracts awarded via competitive tender and direct corporate engagement; pricing is not publicly disclosed and is determined on a project-by-project basis. Q2 FY26 revenue was Rs 210 crore and Q3 FY26 revenue was Rs 215.33 crore, with operating margin improving from 10.68% to 13.57% year-over-year in Q3 FY26. The company maintains seven regional offices across India (Kolkata HQ plus Raipur, Varanasi, Bhagalpur, Navi Mumbai, Bhubaneswar, New Delhi, and Ahmedabad) supporting state-level tender participation. In 2026 the company acquired a 60% stake in Kandoi Transport Limited, which received a Rs 568 crore mining contract, extending operations into overburden mining and switchyard work.

Name

Ganesh Infraworld

Legal name

Ganesh Infraworld Limited

Website

https://ganeshinfra.com

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Short description

Ganesh Infraworld Limited is an India-listed EPC infrastructure contractor delivering civil, electrical, road, rail, water, and mining projects for government agencies, PSUs, and large Indian corporates via competitive tenders, with FY26 quarterly revenue around Rs 215 crore and seven regional offices across India.

Ownership category

akta.pro rank

Product category

Infrastructure Construction (EPC)

NAICS

Other Heavy and Civil Engineering Construction (237990), Engineering Services (541330)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Services-Engineering Services (8711)

akta.pro primary industry

Balance-of-Plant (BOP) & Civil Works for Power Plants (EUAEAAAL)

akta.pro secondary industries

Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA), Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM), Utility-Scale PV EPC (Engineering, Procurement & Construction) (EUACAGAB)

Keywords

• Infrastructure construction services
• Civil engineering construction
• Electrical EPC contracting
• Water infrastructure development
• Road rail construction

Headquarters

HQ city

Salt Lake City

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. EPC Contracts - Civil Infrastructure: Engineering, Procurement and Construction contracts for civil infrastructure projects including industrial construction, non-industrial buildings, plant and warehouse construction. Revenue is project-based and recognized upon project completion or milestone achievements. In last three fiscal years, executed projects worth Rs 35,922.97 lakhs under civil and electrical infrastructure vertical.
2. Road and Rail Infrastructure Projects: Construction and execution of road and rail infrastructure projects. Projects include excavation, backfilling, road laying, and OHE installation for rail. Revenue recognized upon project completion with contract values ranging from small to large-scale infrastructure projects.
3. Water Infrastructure Development: Water and sewage treatment projects including construction of water distribution networks, treatment plants, and sewage infrastructure. Executed projects worth Rs 7,777.34 lakhs under water infrastructure development vertical in last three fiscal years. Includes projects under government schemes like Har Ghar Jal Mission.
4. Mining Operations: Overburden mining and switchyard operations through subsidiary Kandoi Transport Limited. The company allocated a Rs 568 crore mining contract to this newly acquired subsidiary.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Ganesh Infraworld Limited is an EPC (Engineering, Procurement, and Construction) infrastructure firm that executes civil works (industrial construction, non-industrial construction, plant and warehouse projects, and electrical engineering), road and rail infrastructure projects, and water infrastructure development projects for central and state government agencies and large Indian corporations. Projects are won through competitive tendering and delivered as one-time contracts encompassing design, procurement, construction, and commissioning.

Product overview

Ganesh Infraworld Limited is an EPC (Engineering, Procurement, and Construction) infrastructure company that operates as a single unified service offering rather than a platform-plus-modules architecture. The company's core services are organized under Civil Works (encompassing Industrial construction, Non-industrial construction, Plant and warehouses, and Electrical engineering), Road and Rail Infrastructure Development, and Water Infrastructure Development. The company also executes specialized mining projects (Overburden Mining Switchyard) and maintains distinct project divisions for Water, Rail, Road, Electrical, and Civil infrastructure. Recent initiatives include water and sewerage treatment projects in Jammu & Kashmir valued at ₹105.77 crore, and a ₹568 crore mining contract allocated to subsidiary Kandoi Transport.

Differentiator

Problem solved

Functional benefit

Products and services

• Civil Works (EPC) Comprehensive civil construction services on an EPC basis spanning industrial construction (manufacturing/production facilities), non-industrial construction (residential and commercial buildings), plant and warehouse construction for small and mid-sized clients, and electrical engineering projects including substation electrification, transmission/distribution lines, and heavy machinery installation in power stations.
• Road Infrastructure Construction Construction of roads including excavation, backfilling, laying of PCC roads, cement concrete, bituminous concrete, seal coat, tack coat, and GI sheet boundary fixing for government and private clients.
• Rail Infrastructure (OHE) Construction Designing, supplying, erection, testing, and commissioning of Over Head Equipment (OHE) for railway operations and control systems.
• Water Infrastructure Development Construction of water distribution networks including water pipelines, pumping systems, water treatment plants, tubewells, elevated surface reservoirs (ESR), rising mains, distribution networks, and household water connections; executed under government schemes such as Har Ghar Jal Mission and recent Rs 105.77 crore water and sewage treatment projects in Jammu & Kashmir starting December 2025.
• Overburden Mining & Switchyard Operations Overburden mining and switchyard construction executed through subsidiary Kandoi Transport Limited (60% held), to which Ganesh Infraworld allocated a Rs 568 crore mining contract.
• Residential Development Residential building construction projects executed as part of non-industrial construction services in the contractor capacity.
• Warehousing Development Construction of warehouses and distribution centers supporting supply chain management for the logistics industry, delivered as part of the plant and warehouse EPC vertical.

Quantifiable outcome

• Revenue growth of over 44% year-over-year to Rs 215.33 crore in Q3 FY26
• +5 more outcomes

Named customers13 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Kandoi Transport LimitedcoreOthers · 26 June 2026Kandoi Transport Limited is a 60% held subsidiary of Ganesh Infraworld Limited. The subsidiary was newly acquired and approved a 3:1 bonus issue on June 26, 2026. Ganesh Infraworld has allocated a Rs 568 crore mining contract to this subsidiary. The acquisition strengthens the company's mining operations capabilities and provides new revenue streams through the subsidiary's overburden mining and switchyard operations.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• JMC Projects (India): Indian infrastructure EPC firm operating in buildings, roads, water, and industrial construction — directly overlapping with Ganesh's civil + water + industrial mix.
• KEC International: Listed Indian EPC specialist in power transmission, distribution, and electrification — closely comparable to Ganesh's electrical sub-station/transmission line capabilities (note: also listed as a Ganesh customer).
• G R Infraprojects: Indian infrastructure EPC contractor with road construction and railway electrification (OHE) as core offerings — competing head-to-head in Ganesh's road-and-rail OHE vertical.
• Kalpataru Projects International: Indian EPC conglomerate covering transmission, railways (OHE), water, and civil — directly comparable to Ganesh's multi-vertical EPC + railway OHE positioning at a larger scale.
• Ahluwalia Contracts (India): Mid-cap Indian civil construction and EPC player in buildings, industrial, and infrastructure — comparable scale and customer overlap (large private-sector industrial clients).
• NCC Limited: Indian diversified EPC contractor active in roads, buildings, water, electrical, and mining — operating in overlapping verticals (civil works, roads, water) with a comparable tender-based business model and similar mid-cap public-company profile.
• Dilip Buildcon: Mid-cap Indian EPC focused on roads, bridges, and water infrastructure — directly comparable in tender-based government contracting and segment mix (road + water + civil).

Broad incumbents

• Tata Projects: Large Indian EPC arm of Tata Group covering infrastructure, industrial, and urban infrastructure — overlaps Ganesh's customer base and verticals at a much larger scale (also a Ganesh customer).
• Larsen & Toubro (L&T): India's largest EPC conglomerate covering civil, electrical, water, rail, and mining — a broad incumbent whose capability set encompasses all of Ganesh's verticals (also listed as a Ganesh customer/subcontractor source).

Regional players

• Man Industries (India): Diversified Indian infrastructure and pipe-manufacturing group active in water pipelines and EPC — relevant regional comparable for Ganesh's water infrastructure distribution vertical.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ganeshinfraprojects
• LinkedInlinkedin.com/company/ganesh-infraworld-limited/?viewAsMember=true
• Instagraminstagram.com/ganeshinfraworld

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ganesh Infraworld