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Updated: July 10, 2025 14:48
Desco Infratech Ltd has announced the receipt of fresh orders worth Rs 20.6 million, reinforcing its position as a key player in India’s city gas and power infrastructure segments. The Surat-based company continues to expand its footprint through specialized services in pipeline installation, commissioning, and maintenance.
Key Highlights From the Order Win
- The new contracts span pipeline laying, testing, and commissioning for city gas distribution networks
- Orders also include operation and maintenance services for underground and above-ground gas pipelines
- Desco’s expertise in Piped Natural Gas (PNG) infrastructure for domestic and commercial users remains a core growth driver
- The company has recently diversified into power sector services, including LT and HT cable installation and commissioning
- These orders add to Desco’s portfolio of over 65 ongoing projects and more than 200 completed assignments
Financial and Strategic Context
- Desco reported FY24 net profit of Rs 3.5 crore, up 191.7 percent year-on-year, with total income of Rs 29.5 crore
- The company’s IPO in March 2025 raised Rs 30.75 crore, supporting capital expenditure and working capital needs
- Post-listing, Desco’s market cap stands at Rs 115.1 crore, with strong promoter holding and operational scale-up underway
- The firm is investing in machinery and a new corporate office in Surat to support future growth
Outlook
With fresh orders and a robust financial base, Desco Infratech is poised to deepen its role in India’s infrastructure build-out, especially in energy distribution and urban connectivity.
Sources: Sharescart, BSE India, Desco Infratech Ltd IPO filings, Economic Times Markets, Screener.in
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