Micro-cap company secures work order of Rs 26.13 lakh from the Government of Maharashtra
DSIJ Intelligence-1 / 10 Dec 2025/ Categories: Multibaggers, Trending

The stock is up by 72 per cent from its 52-week low of Rs 120.30 per share and has given multibagger returns of over 450 per cent in 2 years.
Atishay Limited has secured a significant domestic contract from the Government of Maharashtra, specifically from the State Health Assurance Society (SHAS), which manages the integrated Ayushman Bharat–Pradhan Mantri Jan Arogya Yojana and Mahatma Jyotirao Phule Jan Arogya Yojana. The contract is for the printing of PVC Ayushman Cards for six districts in the state: Akola, Washim, Yavatmal, Amravati, Buldhana and Wardha. This crucial work involves the printing of essential health assurance cards and their subsequent delivery to the concerned Taluka Health Officers (THO) and Medical Officers of Health (MOH) of Municipal Corporations within their respective jurisdictions. The execution must be in strict compliance with the operational guidelines set by the National Health Authority (NHA). The total consideration for this order is valued at Rs 26.13 lakh, inclusive of all applicable Taxes and the work is required to be executed within a period of 180 days from the date of the work order's issuance.
The repeated selection of Atishay Limited by prominent government authorities, following similar successful contracts in other states like Odisha, Haryana and Chhattisgarh, underscores the company’s proven execution capabilities and operational excellence in supporting critical public sector initiatives. This successive order from SHAS not only significantly augments the company’s Order Book but also enhances its revenue visibility, further solidifying its strategic positioning as a preferred and reliable partner for major government welfare projects.
About the Company
Incorporated in 1989, Atishay Ltd is an IT consultancy and Services company that offers services of data management, software development, E-Governance, retail fintech and the implementation of turnkey IT solutions. The company has a market cap of over Rs 150 crore.
Annual Results: The net sales increased by 18 per cent to Rs 51.15 crore, the operating profit increased by 25 per cent to Rs 9.63 crore and the net profit increased by 26 per cent to Rs 7.01 crore in FY25 compared to FY24.
The stock’s 52-week high is Rs 249.90 per share and its 52-week low is Rs 117 per share. The stock is up by 72 per cent from its 52-week low of Rs 120.30 per share and has given multibagger returns of over 450 per cent in 2 years.
Disclaimer: The article is for informational purposes only and not investment advice.