Rs 292 crore order book & Penny stock under Rs 25: Micro-cap company bags Rs 94.73 crore order for rural water supply project

Axis Solutions Limited, formerly Asya Infosoft Limited, has received an order worth Rs 94.73 Crore from Sarala Projects Works Private Limited, a domestic entity. This contract involves the survey, design, DPR preparation, procurement, and construction to ensure the full functionality of rural water supply schemes, followed by a one-month trial run and comprehensive operation and maintenance for 120 months (10 years). The project's physical work is to be completed within six months, with the total duration including operation and maintenance spanning 10 years, and a detailed subcontract agreement will be finalised upon Axis Solutions Limited's acceptance of the Letter of Intent and submission of required documentation

The company has also announced positive Quarterly Results (Q1FY26). The company reported net sales of Rs 27.49 crore, operating profit of Rs 2.72 crore and net profit of Rs 1.75 crore.

Additionally, the company has acquired Axis Solutions FZE, UAE, a related-party transaction where Promoter Director Mr. Bijal Sanghvi held 100 per cent of the target company's shares. Axis Solutions FZE, incorporated in 2020, trades in industrial plant equipment, oilfield and natural gas equipment, and various other engineering goods, with a turnover of AED 704,080 for FY 2024-25. Axis Solutions Limited will invest between Rs 30 lakh to Rs 1 crore to acquire 100% equity, making it a wholly-owned subsidiary, a transaction conducted at arm's length.

About Axis Solutions Limited (formerly known as Asya Infosoft Limited)

Axis Solutions Limited is a market leader as a diversified solution provider for a comprehensive range of systems and products, from complex measurement and analytical technology to automation, control, communication and IoT products and systems. The company has an in-house R&D department that strives to develop world-class innovative solutions to cope with the demands and challenges of designing systems and products for hazardous locations.

The company has a market cap of over Rs 100 crore and has an order book of Rs 292 crore as of May 2025. The shares of the company have a PE of 3x whereas the industry PE is 27x with an ROE of 40 per cent and an ROCE of 30 per cent. The stock is up by 47.5 per cent from its 52-week low of Rs 15 per share. The promoters of the company hold 85.64 per cent stake, DIIs hold 1.74 per cent stake and public shareholders own 12.62 per cent stake.

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