Synopsis:
Desco Infratech Ltd is in focus after receiving a domestic order Torrent Gas Jaipur Private Limited worth Rs. 8.46 crore.
An infrastructure company focused on Engineering, Planning, & Construction, particularly in City Gas Distribution, Renewable Energy, Water, and Power sectors, is in the spotlight after receiving a domestic order Torrent Gas Jaipur Private Limited.
With the market capitalization of Rs. 184.19 crore, the shares of Desco Infratech Ltd is trading at Rs. 239.95, up by 3.27 percent from its previous day close price of Rs. 232.35. The stock has made an intraday high of Rs. 242.
Work Order
The company has received a domestic order from Torrent Gas Jaipur Private Limited worth ₹8.46 crore (inclusive of GST) for laying MDPE pipelines, providing PNG connections, and associated work under the City Gas Distribution Project in Jaipur, to be executed as per the contract terms.
Also Read: Green energy stock in focus after receiving ₹3 Cr order for rooftop solar project from Numaligarh Refinery
About the Company & Others
Desco Infratech Limited, incorporated in 2011 and based in Surat, provides infrastructure and maintenance services primarily for city gas distribution in India. Its operations include pipeline laying, installation, testing, commissioning, and O & M of carbon steel and MDPE pipelines, along with leak detection and pressure testing.
The company also offers power connectivity solutions with low- and high-tension cables, water infrastructure services such as distribution networks, wells, tanks, and pipelines, and contributes to renewable energy projects through installation of structures and solar modules.
As of May 2025, the company holds a robust order book of ₹270 crore, with 89% (₹240 crore) contributed by the EPC segment and the remaining 11% (₹30 crore) from the O & M segment, reflecting a strong pipeline of projects across its core business areas.
The company reported revenue of Rs. 36.81 crore in H2 FY25, up 62.66 percent from Rs. 22.63 crore in H1 FY25 and 70.57 percent from Rs. 21.58 crore in H2 FY24. Profit for H2 FY25 was Rs. 5.81 crore, increasing 78.77 percent from Rs. 3.25 crore in H1 FY25 and 81 percent from Rs. 3.21 crore in H2 FY24, showing strong sequential and annual growth.
A return on equity (ROE) of about 25.6 percent, a return on capital employed (ROCE) of about 30.7 percent and debt to equity ratio at 0.19 demonstrate the company’s financial position. At the moment, the company’s P/E ratio is 20.5x slightly higher as compared to its industry P/E 20.4x.
Written by Akshay Sanghavi
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