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Monarch Surveyors Wins Rs 1.68 Cr GIS Mapping Contract

By ThePip DeskMonarch Surveyors Wins Rs 1.68 Cr GIS Mapping Contract

Monarch Surveyors secures a Rs 1.68 crore contract from Fursungi-Uruli Devachi Nagar Parishad for comprehensive GIS mapping and development plan assistance.

Monarch Surveyors and Engineering Consultants just landed a new contract. The company secured a Rs 1.68 crore work order from Fursungi-Uruli Devachi Nagar Parishad.

This deal means Monarch Surveyors will prepare GIS base maps and collect existing land use (ELU) data. GIS stands for Geographic Information System, which helps manage location data.

  • The contract also involves assisting in developing GIS-based development plans.
  • Work starts immediately after government approvals.
  • It will finish within the time stated in the contract.

Monarch Surveyors offers a lot of consultancy services for big projects. This includes things like surveying, designing, and supervising work for roads, railways, and town planning.

Monarch’s Financial Snapshot

  • Standalone net profit rose 6.9% to Rs 37.23 crore in FY26.
  • Revenue increased 11.4% to Rs 171.69 crore in FY26.
  • This growth is compared to their numbers in FY25.

After the news, Monarch Surveyors’ stock on the BSE went up. It closed 1.83% higher at Rs 224.95.

The company confirmed this is not a related-party deal. No promoters or their group companies have any stake in this work contract.

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