Micro-cap company receives work order of Rs 3,76,76,220; Complete details inside!

Atishay Limited has been awarded a significant domestic work order by the Department of Prohibition, Excise and Registration, Government of Bihar, for the digitisation of registration records. This project involves processing approximately 29 lakh historical documents preserved in the record rooms of Purniya (covering records from 1908 to 1959) and Madhubani (covering records from 1908 to 1984). The contract, valued at Rs 3,76,76,220 inclusive of GST, must be executed within a strict timeline of 180 days from the date of issuance.

The acquisition of this contract aligns with Atishay Limited’s core business operations and underscores its expertise in managing large-scale government digitisation initiatives. By securing this project, the company enhances its executable Order Book and improves long-term revenue visibility. This engagement serves to demonstrate the company's capability as a specialised implementation partner for high-volume data preservation tasks while maintaining a focus on operational excellence in the public sector.

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 235.50 per share and its 52-week low is Rs 117 per share. The stock is up by 75 per cent from its 52-week low of Rs 117 per share and has given multibagger returns of 300 per cent in 2 years.

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