IT company received fresh & renewal of purchase orders worth Rs 13,94,59,000

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IT company received fresh & renewal of purchase orders worth Rs 13,94,59,000

The shares of the company have a PE of 13x, an ROE of 43 per cent and an ROCE of 51 per cent.

Meta Infotech Limited has secured a significant influx of business, announcing the receipt of fresh and renewal purchase orders totalling Rs 13,94,59,000 (Rs 1,394.59 lakh). Building on their previous disclosure from January 19, 2026, this new batch of contracts primarily focuses on the delivery of cloud-based security and support services. The portfolio includes a mix of long-term commitments and immediate implementations, with contract periods spanning from early February 2026 through February 2029, showcasing the company's sustained momentum in the high-demand cybersecurity and cloud services sector.

The breakdown of these orders reveals a strategic balance between recurring revenue and new client acquisition. Major "Fresh" orders dominate the total value, including two large-scale subscriptions and implementations valued at Rs 548.90 lakh and Rs 663.33 lakh, respectively. Meanwhile, the company successfully maintained its existing client base through several "Renewal" agreements for annual cloud support. These diverse contracts, ranging from short-term one-year renewals to robust three-year service implementations, reinforce Meta Infotech’s position as a reliable provider of integrated IT product and service solutions.

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About the Company

Meta Infotech Ltd, a company incorporated in 1998, specialises in trading and providing services for cybersecurity software products. The company focuses on offering comprehensive, end-to-end cybersecurity solutions to organisations throughout India to secure information systems and ensure data integrity. To achieve this, Meta Infotech partners with various global original equipment manufacturers (OEMs) to source and distribute advanced cybersecurity products. Acting as an authorised reseller, the company provides solutions including secure access, web application Defence and cloud workload protection, offering a range of software products, licenses, and subscriptions.

The company has a market cap of Rs 173 crore and has delivered good profit growth of 64.2 per cent CAGR over last 5 years. The shares of the company have a PE of 13x, an ROE of 43 per cent and an ROCE of 51 per cent. The stock is up by 8 per cent from its 52-week low of Rs 92 per share.

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