Desco Infratech Ltd
Incorporated in January 2011, Desco Infratech Limited is an infrastructure company focused on Engineering, Planning, & Construction, particularly in City Gas Distribution, Renewable Energy, Water, and Power sectors.[1]
- Market Cap ₹ 142 Cr.
- Current Price ₹ 185
- High / Low ₹ 294 / 122
- Stock P/E 8.67
- Book Value ₹ 92.3
- Dividend Yield 0.00 %
- ROCE 30.2 %
- ROE 25.2 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.5%
- Debtor days have improved from 120 to 93.6 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 20 | 29 | 29 | 59 | 119 | |
| 18 | 27 | 24 | 46 | 95 | |
| Operating Profit | 2 | 2 | 6 | 14 | 24 |
| OPM % | 8% | 8% | 19% | 23% | 20% |
| 0 | 0 | -0 | 0 | 0 | |
| Interest | 0 | 0 | 1 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 2 | 5 | 12 | 22 |
| Tax % | 32% | 29% | 30% | 25% | 25% |
| 1 | 1 | 3 | 9 | 16 | |
| EPS in Rs | 33.20 | 49.20 | 119.51 | 11.80 | 21.34 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 60% |
| TTM: | 101% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 137% |
| TTM: | 80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 26% |
| Last Year: | 25% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.25 | 0.25 | 0.28 | 8 | 8 |
| Reserves | 4 | 5 | 12 | 51 | 63 |
| 3 | 6 | 4 | 11 | 14 | |
| 5 | 10 | 8 | 12 | 19 | |
| Total Liabilities | 12 | 21 | 24 | 83 | 104 |
| 1 | 1 | 1 | 2 | 4 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 11 | 20 | 23 | 81 | 100 | |
| Total Assets | 12 | 21 | 24 | 83 | 104 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 0 | -2 | -0 | -12 | -18 | |
| -0 | -1 | -1 | -1 | -5 | |
| -0 | 2 | 1 | 44 | -7 | |
| Net Cash Flow | -0 | -0 | 0 | 31 | -30 |
| Free Cash Flow | 0 | -2 | -1 | -13 | -21 |
| CFO/OP | 47% | -50% | 6% | -76% | -55% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 131 | 175 | 184 | 82 | 94 |
| Inventory Days | 12 | 7 | 140 | 185 | 195 |
| Days Payable | 97 | 146 | 606 | 416 | 430 |
| Cash Conversion Cycle | 46 | 36 | -282 | -148 | -142 |
| Working Capital Days | 68 | 73 | 132 | 171 | 194 |
| ROCE % | 24% | 40% | 31% | 30% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | May 2026 | Nov 2027 (P) | |
|---|---|---|---|---|---|---|
| Customer Concentration - Top 5 Customers Share of Revenue % of revenue |
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| Geographic Presence (Number of States) count |
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| Power & Solar EPC Revenue Share % of revenue |
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| Compressed Biogas (CBG) Plant Capacity Tons per day (TPD) |
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| Order Book Value INR Crore |
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| Solar EPC Project Capacity Executed MW |
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| Workforce (Employees on Payroll) count |
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| Tender Pipeline Value INR Crore |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- Desco Infratech received Rs 2.14 crore domestic orders from KP Energy, Adani Total Gas and MNGL.
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Intimation Regarding Emergence As L1 Bidder For Last Mile Connectivity (LMC) / GI Installation & Direct Marketing Agency (DMA) Works In Vizag GA In State Of Andhra Pradesh By Indian Oil Corporation Limited
- Desco emerged L1 bidder for IOC Vizag LMC/GI and DMA works, pending LOI/LOA.
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Announcement under Regulation 30 (LODR)-Change in Management
- Board accepted Muskan Khandal’s resignation and appointed Tripti Gaggar as Company Secretary and Compliance Officer from August 7, 2026.
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Board Meeting Outcome for Outcome Of Board Meeting For Appointment And Resignation Of Company Secretary & Compliance Officer
- Board accepted Muskan Khandal’s resignation and appointed Tripti Gaggar as Company Secretary, effective 7 August 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Completed and commissioned 100+ km MDPE network and 6,500+ PNG connections for ATGL in Faridabad.
Concalls
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May 2026Transcript PPT
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Nov 2025Transcript PPT REC
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May 2025Transcript PPT
Business Profile[1]
The company specializes in infrastructure and maintenance services for city gas distribution and has expanded into power distribution, water distribution, and renewable energy. Its expertise includes pipeline laying, installation, testing, commissioning, and O&M services across these sectors.