Lakshya Powertech Charges Ahead-₹225 Million Deal Sets the Stage for Expansion
Updated: May 15, 2025 10:39
Image Source: Finance Saathi
Lakshya Powertech Ltd has powered up the infrastructure and engineering industry by winning a high-value work order worth ₹225 million from Hoerbiger India, a milestone in its growth story that is moving at lightning speed. This order reflects the growing presence of Lakshya Powertech in the high-value engineering, procurement, construction, and commissioning (EPCC) space, especially in the power and industrial segments.
Highlights:
Major Contract Win: The ₹225 million Hoerbiger India order entails high-end engineering and commissioning solutions, further solidifying Lakshya Powertech's position as a go-to partner for intricate industrial projects.
Momentum of Success: This new award comes in the wake of a succession of major contracts, including recent orders amounting to ₹111.7 million and ₹11 crore for diesel generator installations, and a historic ₹459.8 crore order for gas compressor packages this year. These successes reflect the company's strong project pipeline and execution capabilities.
Financial Performance: Lakshya Powertech announced a 75% quarter-on-quarter growth in net profit for Q3 FY25 at ₹7 crore, with consolidated revenue growing 5% to ₹67 crore. The firm has a high ROCE of 38.67% and ROE of 44.72%, reflecting operational efficiency and financial health.
Market Reaction: The company opened at ₹189.50 today, indicating sustained investor interest in the face of a wider market decline. Its steady order inflow and sectoral diversification have been identified as the major growth drivers in the future.
With this win, Lakshya Powertech continues to move full steam ahead, strengthening its position as a vibrant force in India's infra landscape.
Source: Business Standard, Investing.com, MarketScreener