Rs 270 crore order book: Transmission company bags order worth Rs 37,08,862 from KP Group Companies!

Desco Infratech Limited is making a significant move into the Power and Transmission Infrastructure sector, a strategic step reflecting the company's commitment to growth and diversification. Leveraging its experience in the gas pipeline and utility sectors, Desco Infratech aims to be a catalyst in India's infrastructure development. This expansion will encompass comprehensive services, including the engineering, procurement, and construction of transmission lines and substations, the laying of HT/LT underground and overhead power cables, and various urban and industrial electrical infrastructure projects. This strategic entry is poised to enhance the company's value proposition and contribute substantially to the national grid infrastructure, delivering essential power to communities across the country.

Further solidifying its initial foray, Desco Infratech has already secured an order worth Rs 37,08,862 from the KP Group. This initial order, specifically for DP Installation work in Gujarat, demonstrates market confidence in Desco Infratech's capabilities. The entities awarding the contracts include KPI Green Energy Limited, KPIG Energia Pvt. Ltd, and Sundrops Energia Private Limited. This early success underscores the company's readiness to undertake vital projects within the power and transmission domain, reinforcing its dedication to building crucial infrastructure for a growing nation.

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 Rs 184 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 50 per cent from its 52-week low of Rs 160 per share.

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