Desco Infratech Ltd
Incorporated in 2011, Desco Infratech Ltd is an infrastructure solutions provider operating in the City Gas Distribution (CGD) business.[1]
- Market Cap ₹ 127 Cr.
- Current Price ₹ 166
- High / Low ₹ 269 / 122
- Stock P/E 6.39
- Book Value ₹ 105
- Dividend Yield 0.00 %
- ROCE 30.4 %
- ROE 25.3 %
- 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 93.7 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* 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 | TTM | |
|---|---|---|---|---|---|---|
| 20 | 29 | 29 | 59 | 119 | 152 | |
| Sales growth | +48% | +0% | +102% | +100% | +92% | |
| 18 | 27 | 24 | 46 | 95 | 122 | |
| Operating Profit | 2 | 2 | 6 | 14 | 24 | 29 |
| OPM % | 8% | 8% | 19% | 23% | 20% | 19% |
| 0 | 0 | -0 | 0 | 0 | -0 | |
| Interest | 0 | 0 | 1 | 2 | 2 | 3 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 2 | 5 | 12 | 22 | 26 |
| Tax % | 32% | 29% | 30% | 25% | 25% | |
| 1 | 1 | 3 | 9 | 16 | 20 | |
| EPS in Rs | 1.84 | 2.73 | 6.64 | 11.80 | 21.34 | 25.68 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 60% |
| TTM: | 92% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 137% |
| TTM: | 66% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -25% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 27% |
| Last Year: | 25% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.25 | 0.25 | 0.28 | 8 | 8 | 8 |
| Reserves | 4 | 5 | 12 | 51 | 63 | 73 |
| 3 | 6 | 4 | 11 | 14 | 36 | |
| 5 | 10 | 8 | 12 | 19 | 36 | |
| Total Liabilities | 12 | 21 | 24 | 83 | 104 | 152 |
| 1 | 1 | 1 | 2 | 4 | 4 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 11 | 20 | 23 | 81 | 100 | 148 | |
| Total Assets | 12 | 21 | 24 | 83 | 104 | 152 |
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 | -20 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 47% | -50% | 6% | -75% | -55% |
Ratios
Standalone / 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 | 170 | 194 |
| ROCE % | 24% | 40% | 31% | 30% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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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| 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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| Compressed Biogas (CBG) Plant Capacity Tons per day (TPD) |
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| Tender Pipeline Value INR Crore |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
- Earnings Call Transcript - Conference Call held on 05-Nov-2026
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Desco Infratech reports H1 FY27 revenue ₹7,504.94 lakh, PAT ₹950.23 lakh; order book ₹370 crore+
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Audio recording shared for 5 November 2026 investor call on H1 FY27 unaudited results.
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Announcement under Regulation 30 (LODR)-Investor Presentation
- Disclosure regarding Investor Presentation under Reg 30 of SEBI LODR for the Half Year ended 30th September 2026.
- Results - Financial Results As On 30/09/2026
Concalls
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Nov 2026Transcript PPT REC
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May 2026Transcript PPT
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Nov 2025Transcript PPT REC
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May 2025Transcript PPT
Business Overview:[1]
DIL operates as an EPC contractor across CGD, power, water, and renewable support segments, executing projects for PSUs, government, and private sector clients across India.