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 ₹ 157 Cr.
- Current Price ₹ 205
- High / Low ₹ 294 / 122
- Stock P/E 9.61
- 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: | -12% |
| 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 | |
|---|---|---|---|---|
| H2 Revenue Contribution (Execution Skew) % |
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| Order Book Value ₹ Crores |
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| Customer Concentration (Top 10 Clients) % |
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| Geographical Footprint (States) Count |
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| Revenue Mix - CGD Vertical % |
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| Cumulative Pipeline Laid KM |
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| Number of Ongoing Projects Count |
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| Number of Operating Sites Count |
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| Revenue Mix - Power Segment % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
10 Jun - India Ratings assigned Desco Infratech’s ₹110 million bank loans IND BBB-/Stable and IND A3.
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Announcement under Regulation 30 (LODR)-Change in Management
29 May - Arun Kumar Kalyanaraman appointed President Strategic Projects from June 1, 2026; Kanchan Agarwal & Associates reappointed FY27 internal auditor.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
27 May - Desco Infratech received PO/FOA from KP Energy and GAIL Gas worth Rs. 5.62 crore inclusive of GST.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
26 May - Desco Infratech received Rs.31.46 million domestic purchase order from Green Gene Enviro Protection and KP Energy.
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Intimation Regarding Emergence As L1 Bidder For Integrated Tender Of PE Laying & PNG Commercial & Industrial Connections At Surat & Hazira GA Floated By Gujarat Gas Limited
19 May - Desco Infratech emerges L1 bidder for Surat-Hazira PE laying and PNG connections tender.
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.