Ceinsys Tech locked in 5% upper circuit on winning additional order from Maharashtra Remote Sensing Application Centre

Shares of Ceinsys Tech were locked in a 5% upper circuit at ₹1,205.20 on the BSE after the company informed exchange that it won an additional order from Maharashtra Remote Sensing Application Centre (MRSAC).

The company won an additional order from MRSAC for Detailed Soil Survey and Mapping under National Soil Mapping Programme, Gondia and part of Nashik District, Maharashtra, amounting to nearly ₹2 crore.

"The aggregate value of work order along with previous order dated September 29, 2025, from MRSAC as on date is ₹5,04,28,679.50 (Rupees Five Crores Four Lakhs Twenty-Eight Thousand Six Hundred Seventy-Nine and Fifty Paisa Only) including GST," Ceinsys Tech said in an exchange filing.

The company has a period of four months to complete the above orders.

Ceinsys Tech reported a net profit of ₹40 crore in the second quarter of current financial year, marking an increase of 42% from ₹28 crore in the same period last year.

The company's revenue from operations in July-September period advanced 86% to ₹158 crore from ₹85 crore in the year-ago period.

The company reported strong operational performance as its EBITDA (earnings before interest, taxes, depreciation and amortization) also known as operating profit advanced 52.5% to ₹42 crore compared with ₹28 crore in the same period last year.

Ceinsys Tech's EBITDA margin contracted by 590 basis points to 26.73% as against 32.59% in the year-ago period.

As of 2:21 pm, there were pending buy orders for 17,064 Ceinsys Tech shares while no sellers were visible on the BSE.

CS TECH Ai (Ceinsys Tech Ltd.), a CMMI Level 5 certified company, was established in 1998 and is publicly listed on the Indian Stock Exchange (BSE). It is a technology-driven enterprise delivering high-impact solutions across geospatial, engineering, mobility and emerging technologies.

With a growing focus on artificial intelligence and digital transformation, CS TECH Ai empowers global clients by combining deep domain expertise with scalable, future-ready platforms.