Ceinsys Tech jumps after bagging Rs 41-cr MHADA project

The appointment is for Ceinsys to serve as the agency for the design, development, and maintenance of an integrated project management system, a 3D urban spatial digital model, and a web-based GIS platform.

The appointment was made through an e-tender process. The scope of the order includes both the development and maintenance of the system, with an implementation period of 12 months and an O&M and support phase of 36 months.

The company clarified that neither its promoter nor promoter-group entities have any interest in MHADA, and the contract does not qualify as a related-party transaction.

Ceinsys Tech is primarily dealing in providing enterprise geospatial & engineering services and the sale of software and power generation.

The company's consolidated net profit zoomed 118.2% to Rs 38.87 crore on a 52% rise in revenue from operations to Rs 169.94 in Q3 FY26 over Q3 FY25.