Rs 345 crore order book: Desco Infratech bags new orders worth Rs 11,37,19,154.54 from Avantika Gas & BPCL

Desco Infratech Limited has successfully secured two significant domestic contracts for operation and maintenance services, totalling Rs 11,37,19,154.54 (inclusive of GST). The company received a Letter of Intent (LOI) from Avantika Gas Limited (AGL) valued at Rs 9,92,63,493.74/- for the Operation & Maintenance Work of the Steel and MDPE Pipeline Network, including PNG connections across Domestic, Industrial, and Commercial segments in Indore and Pithampur, Madhya Pradesh. Additionally, Desco Infratech received a Letter of Award (LOA) from Bharat Petroleum Corporation Limited, amounting to Rs 1,44,55,660.80 for similar Operation & Maintenance services for the PNG Network and Connections in Anandpur Sahib City, Punjab, further strengthening the company's presence in the critical gas distribution infrastructure sector.

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 160 crore and its Order Book stands at Rs 345 crore as of September 30, 2025. The shares of the company have a PE of 13x, an ROE of 27 per cent and an ROCE of 31 per cent. The stock is up by 30 per cent from its 52-week low of Rs 160 per share.

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