52-week high & Rs 270 crore order book: Desco Infratech declared L1 bidder for BPCL, Gujarat Gas, Maharashtra Natural Gas, Avantika Gas tenders

DSIJ Intelligence-1 / 28 Oct 2025/ Categories: Mindshare, Trending

The stock is up by 83.5 per cent from its 52-week low of Rs 160 per share.

Desco Infratech Limited has been declared the L1 (Lowest) successful bidder for multiple tenders from four major entities: Bharat Petroleum Corporation Limited (BPCL), Gujarat Gas Limited, Maharashtra Natural Gas Limited, and Avantika Gas Limited. The total combined, aggregate value of these successful bids is approximately Rs 26 crore (Rupees Twenty-Six Crore), inclusive of GST. The company is currently awaiting the formal Letters of Acceptance (LOAs) from these respective clients and will provide a further update upon their receipt.

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Earlier, the company received new domestic orders totalling Rs 6,64,28,009 (inclusive of GST) from two entities: Viviana Power Tech Limited (Rs 6,49,82,509) and Torrent Power Limited (Rs 14,45,500). The orders primarily involve the Development of Distribution Infrastructure Work, specifically covering HT/LT Infrastructure Loss Reduction Works under the Revamped Distribution Sector Scheme (RDSS) in Punjab (Package-05, Roopnagar), and HT Cable laying by HDD Technology in Gujarat.

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About the Company

Desco Infratech Limited, established in January 2011, operates as an infrastructure company specialising in Engineering, Planning and Construction across various sectors, including City Gas Distribution, Renewable Energy, Water and Power. The company offers a range of services encompassing pipeline laying, installation, testing, commissioning and operation & maintenance within these domains, catering to projects such as Piped Natural Gas (PNG) networks, power distribution cabling, water pipeline infrastructure and foundation work for Solar power projects, including collaborations with entities like Bharat Petroleum Corporation Limited and Adani Green Energy.

The company has a market cap of over Rs 200 crore and its Order Book stands at Rs 270 crore as of May 12, 2025. The shares of the company have a PE of 19x, an ROE of 26 per cent and an ROCE of 31 per cent. The stock is up by 83.5 per cent from its 52-week low of Rs 160 per share.

Disclaimer: The article is for informational purposes only and not investment advice.