How does this order compare to Sugs Lloyd's revenue?

The ₹56.57 cr order is about 18.8% of the company's FY26 revenue of ₹300.73 cr.

What is the PM Surya Ghar Muft Bijli Yojana?

A central government scheme promoting rooftop solar for households, offering subsidies. This order is under the utility-led aggregation model.

What are the execution and revenue recognition timelines?

Commissioning within 9 months of PPA signing. Revenue will be spread over the 10-year contract period, providing annuity-like cash flows.

How does this affect Sugs Lloyd's order book?

The company previously reported a ₹825 cr order book. This order further strengthens it; an updated total has not been disclosed.

Is the counterparty creditworthy?

Yes, NBPDCL is a Bihar government undertaking, making default risk low.

Order Wins · Engineering - Construction · Micro cap

Sugs Lloyd lands ₹56.57 cr rooftop solar order from Bihar utility

The 16 MW project under PM Surya Ghar scheme is 21% of market cap, with a 10-year contract. Execution starts after PPA signing, expected 9 months.

— 1 earlier story on Sugs Lloyd Ltd. →

SUGSLLOYD By Tipsheet Editorial 14 Jun 2026 · 9:32 PM IST Verify on BSE · NSE

Mkt cap₹269 cr

P/E9.34×

ROE43.42%

Debt / eq.1.94

₹56.57 crore New order from NBPDCL

What's new

Sugs Lloyd wins ₹56.57 cr order from North Bihar Power Distribution Company
16 MW grid-connected rooftop solar projects under PM Surya Ghar scheme
9 month commissioning period, 10-year contract from COD

Why this matters

For a nano-cap with ₹269 cr market cap, this order equals 21% of that valuation and 18.8% of FY26 revenue. The government counterparty and long contract provide clear, low-risk visibility. It reinforces the order book momentum seen in prior coverage.

What we're watching

Timely PPA signing and execution within 9 months
Updates on order book growth beyond ₹825 cr baseline
Any further orders under the same scheme

The full read

Sugs Lloyd has bagged a ₹56.57 crore order from North Bihar Power Distribution Company for 16 MW rooftop solar projects under the PM Surya Ghar scheme. That's 21% of its ₹269 crore market cap and 18.8% of FY26 revenue of ₹300.73 crore. The order will be commissioned in nine months and the contract runs ten years. A government counterparty and a central scheme-backed mandate reduce execution risk. With a prior order book of ₹825 crore, this is a material addition. The next milestones are the PPA signing and start of execution.

Questions answered

How does this order compare to Sugs Lloyd's revenue?: The ₹56.57 cr order is about 18.8% of the company's FY26 revenue of ₹300.73 cr.
What is the PM Surya Ghar Muft Bijli Yojana?: A central government scheme promoting rooftop solar for households, offering subsidies. This order is under the utility-led aggregation model.
What are the execution and revenue recognition timelines?: Commissioning within 9 months of PPA signing. Revenue will be spread over the 10-year contract period, providing annuity-like cash flows.
How does this affect Sugs Lloyd's order book?: The company previously reported a ₹825 cr order book. This order further strengthens it; an updated total has not been disclosed.
Is the counterparty creditworthy?: Yes, NBPDCL is a Bihar government undertaking, making default risk low.

Mentioned: ₹56.57 cr order · NBPDCL · PM Surya Ghar scheme

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Sugs Lloyd Ltd.

Infrastructure

₹293 cr

P/E 10.16×

Latest quarter · Mar 2026

Sales₹178 cr

Net profit₹17 cr

Op. margin+13.9%

EPS₹7.32

Strength & growth

Debt / equity1.94×

Current ratio1.12×

Story so far

All notes on SUGSLLOYD →

14 Jun 2026 · 9:32 PM IST Sugs Lloyd lands ₹56.57 cr rooftop solar order from Bihar utility
23d ago Sugs Lloyd locks in ₹825 cr order book as FPI demand surges