Desco Infratech
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Desco Infratech has been granted an Electrical Contractor's Licence by the Government of Gujarat's Energy & Petrochemicals Department. The licence allows the company to execute electrical installation works in the state for a period of five years. The company, which is primarily engaged in city gas distribution and infrastructure EPC, said the licence strengthens its operational capabilities in the electrical infrastructure segment and will enable it to bid for electrical installation projects. The monetary impact of the licence cannot be quantified at this early stage. Desco Infratech operates primarily in Gujarat and has been diversifying into renewable energy and power infrastructure.
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Desco Infratech has been granted an Electrical Contractor's Licence by the Government of Gujarat's Energy & Petrochemicals Department. The licence allows the company to execute electrical installation works in the state for a period of five years. The company, which is primarily engaged in city gas distribution and infrastructure EPC, said the licence strengthens its operational capabilities in the electrical infrastructure segment and will enable it to bid for electrical installation projects. The monetary impact of the licence cannot be quantified at this early stage. Desco Infratech operates primarily in Gujarat and has been diversifying into renewable energy and power infrastructure.
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July 16 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH - GRANTED ELECTRICAL CONTRACTOR'S LICENCE BY GOVERNMENT OF GUJARAT
Source text: ID:nBSENPQ6y
Further company coverage: DESC.BO
(([email protected];))
July 16 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH - GRANTED ELECTRICAL CONTRACTOR'S LICENCE BY GOVERNMENT OF GUJARAT
Source text: ID:nBSENPQ6y
Further company coverage: DESC.BO
(([email protected];))
Desco Infratech received a ₹6.74 crore purchase order from Adani Total Gas for MDPE pipeline laying and last-mile connectivity activities in Faridabad, Haryana. The scope includes domestic, commercial, and industrial gas connections. The order, inclusive of GST, was disclosed in a stock exchange filing. It adds to Desco's growing order pipeline in the city gas distribution segment and follows a series of recent project wins. Adani Total Gas is a joint venture of the Adani Group and TotalEnergies. The company confirmed no promoter interest in the awarding entity and did not specify a project timeline.
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Desco Infratech received a ₹6.74 crore purchase order from Adani Total Gas for MDPE pipeline laying and last-mile connectivity activities in Faridabad, Haryana. The scope includes domestic, commercial, and industrial gas connections. The order, inclusive of GST, was disclosed in a stock exchange filing. It adds to Desco's growing order pipeline in the city gas distribution segment and follows a series of recent project wins. Adani Total Gas is a joint venture of the Adani Group and TotalEnergies. The company confirmed no promoter interest in the awarding entity and did not specify a project timeline.
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Desco Infratech’s subsidiary, Shri Green Agro Energies Private Limited, has successfully commissioned Phase-1 of a 5 tonnes per day compressed bio gas plant at Bulandshahr, Uttar Pradesh. The initial output capacity is 1 tonne per day, with commercial sales expected to begin shortly. The project marks Desco Group’s entry into the renewable energy and sustainable fuels sector, converting agricultural residue and organic waste into clean fuel. Management had previously shared plans to operationalize the CBG business during a May 2026 investor call. The company sees the commissioning as a milestone that will eventually contribute to consolidated revenue and long‑term shareholder value. The plant supports India’s SATAT initiative and the transition to sustainable fuels.
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Desco Infratech’s subsidiary, Shri Green Agro Energies Private Limited, has successfully commissioned Phase-1 of a 5 tonnes per day compressed bio gas plant at Bulandshahr, Uttar Pradesh. The initial output capacity is 1 tonne per day, with commercial sales expected to begin shortly. The project marks Desco Group’s entry into the renewable energy and sustainable fuels sector, converting agricultural residue and organic waste into clean fuel. Management had previously shared plans to operationalize the CBG business during a May 2026 investor call. The company sees the commissioning as a milestone that will eventually contribute to consolidated revenue and long‑term shareholder value. The plant supports India’s SATAT initiative and the transition to sustainable fuels.
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June 24 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH - UNIT COMMISSIONS PHASE-1 OF 5 TPD CBG PLANT IN BULANDSHAHR
Source text: ID:nBSE8kdmkS
Further company coverage: DESC.BO
(([email protected];))
June 24 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH - UNIT COMMISSIONS PHASE-1 OF 5 TPD CBG PLANT IN BULANDSHAHR
Source text: ID:nBSE8kdmkS
Further company coverage: DESC.BO
(([email protected];))
Desco Infratech has received a Letter of Intent from Sabarmati Gas Limited for laying, installation, testing and commissioning of steel gas pipelines for FDODO CNG station connectivity in Gujarat. The contract is valued at ₹15.06 crores inclusive of GST and follows the company's earlier declaration as the lowest bidder for the tender. Sabarmati Gas is a joint venture of GSPC and BPCL. The project adds to Desco's growing order pipeline in the city gas distribution segment, which already stood at around ₹345 crores as of the latest earnings update.
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Desco Infratech has received a Letter of Intent from Sabarmati Gas Limited for laying, installation, testing and commissioning of steel gas pipelines for FDODO CNG station connectivity in Gujarat. The contract is valued at ₹15.06 crores inclusive of GST and follows the company's earlier declaration as the lowest bidder for the tender. Sabarmati Gas is a joint venture of GSPC and BPCL. The project adds to Desco's growing order pipeline in the city gas distribution segment, which already stood at around ₹345 crores as of the latest earnings update.
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June 19 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH - RECEIVES LOI WORTH 150.64 MILLION RUPEES
Source text: ID:nBSE2K4SQX
Further company coverage: DESC.BO
(([email protected];))
June 19 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH - RECEIVES LOI WORTH 150.64 MILLION RUPEES
Source text: ID:nBSE2K4SQX
Further company coverage: DESC.BO
(([email protected];))
India Ratings & Research has assigned a first-time credit rating of 'IND BBB-/Stable/IND A3' to Desco Infratech's bank loan facilities of ₹11 crore. The rating reflects the company's experienced promoters, strong revenue growth, robust order book, and comfortable credit metrics. However, it also notes risks from project execution and customer concentration. The stable outlook indicates expectations of sustained operating performance. Desco Infratech is an EPC contractor in city gas distribution, power, and water segments, serving clients including BPCL, IOCL, and Adani Total Gas. The rating assignment is likely to strengthen the company's access to bank funding for future projects.
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India Ratings & Research has assigned a first-time credit rating of 'IND BBB-/Stable/IND A3' to Desco Infratech's bank loan facilities of ₹11 crore. The rating reflects the company's experienced promoters, strong revenue growth, robust order book, and comfortable credit metrics. However, it also notes risks from project execution and customer concentration. The stable outlook indicates expectations of sustained operating performance. Desco Infratech is an EPC contractor in city gas distribution, power, and water segments, serving clients including BPCL, IOCL, and Adani Total Gas. The rating assignment is likely to strengthen the company's access to bank funding for future projects.
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May 27 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD - RECEIVES ORDER WORTH 56.2 MILLION RUPEES
Source text: ID:nBSEbpnzMc
Further company coverage: DESC.BO
(([email protected];))
May 27 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD - RECEIVES ORDER WORTH 56.2 MILLION RUPEES
Source text: ID:nBSEbpnzMc
Further company coverage: DESC.BO
(([email protected];))
May 26 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD - GETS ORDER WORTH 31.5 MILLION RUPEES
Source text: ID:nBSE1dFvjX
Further company coverage: DESC.BO
(([email protected];))
May 26 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD - GETS ORDER WORTH 31.5 MILLION RUPEES
Source text: ID:nBSE1dFvjX
Further company coverage: DESC.BO
(([email protected];))
May 19 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD - HAS EMERGED AS L1 BIDDER IN RELATION TO TENDER FLOATED BY GUJARAT GAS
Source text: ID:nBSE3CLspZ
Further company coverage: DESC.BO
(([email protected];))
May 19 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD - HAS EMERGED AS L1 BIDDER IN RELATION TO TENDER FLOATED BY GUJARAT GAS
Source text: ID:nBSE3CLspZ
Further company coverage: DESC.BO
(([email protected];))
May 18 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD - EMERGES AS L1 BIDDER FOR FDODO CNG PROJECT AWARDED BY SABARMATI GAS
Source text: ID:nBSEb09ZzK
Further company coverage: DESC.BO
(([email protected];))
May 18 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD - EMERGES AS L1 BIDDER FOR FDODO CNG PROJECT AWARDED BY SABARMATI GAS
Source text: ID:nBSEb09ZzK
Further company coverage: DESC.BO
(([email protected];))
May 15 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD - GETS ORDER WORTH 166.69 MILLION RUPEES
Source text: ID:nBSE3kdpDT
Further company coverage: DESC.BO
(([email protected];))
May 15 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD - GETS ORDER WORTH 166.69 MILLION RUPEES
Source text: ID:nBSE3kdpDT
Further company coverage: DESC.BO
(([email protected];))
May 14 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD - COMPLETES AND COMMISSIONS 14 KM MDPE PIPELINE PROJECT IN HARYANA
Source text: ID:nBSE4xCs62
Further company coverage: DESC.BO
(([email protected];))
May 14 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD - COMPLETES AND COMMISSIONS 14 KM MDPE PIPELINE PROJECT IN HARYANA
Source text: ID:nBSE4xCs62
Further company coverage: DESC.BO
(([email protected];))
May 13 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD- EMERGED AS THE L1 (LOWEST BIDDER) FOR PROJECT FLOATED BY ONGC
Further company coverage: DESC.BO
(([email protected];))
May 13 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD- EMERGED AS THE L1 (LOWEST BIDDER) FOR PROJECT FLOATED BY ONGC
Further company coverage: DESC.BO
(([email protected];))
March 9 (Reuters) - Desco Infratech Ltd DESC.BO:
RECEIVES LOI FROM AAVANTIKA GAS LIMITED WORTH 29.5 MILLION RUPEES
Source text: ID:nBSE4MShl5
Further company coverage: DESC.BO
(([email protected];))
March 9 (Reuters) - Desco Infratech Ltd DESC.BO:
RECEIVES LOI FROM AAVANTIKA GAS LIMITED WORTH 29.5 MILLION RUPEES
Source text: ID:nBSE4MShl5
Further company coverage: DESC.BO
(([email protected];))
Feb 26 (Reuters) - Desco Infratech Ltd DESC.BO:
SHAREHOLDING IN SHRI GREEN AGRO INCREASES TO 75%
Source text: ID:nBSEbMmjvR
Further company coverage: DESC.BO
(([email protected];))
Feb 26 (Reuters) - Desco Infratech Ltd DESC.BO:
SHAREHOLDING IN SHRI GREEN AGRO INCREASES TO 75%
Source text: ID:nBSEbMmjvR
Further company coverage: DESC.BO
(([email protected];))
Feb 16 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD - RECEIVES PURCHASE ORDERS TOTALING 404.3 MILLION RUPEES
Source text: ID:nBSEc76StY
Further company coverage: DESC.BO
(([email protected];;))
Feb 16 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD - RECEIVES PURCHASE ORDERS TOTALING 404.3 MILLION RUPEES
Source text: ID:nBSEc76StY
Further company coverage: DESC.BO
(([email protected];;))
Jan 6 (Reuters) - Desco Infratech Ltd DESC.BO:
RECEIVES ORDERS WORTH 53.7 MILLION RUPEES
Source text: ID:nBSELNPZX
Further company coverage: DESC.BO
(([email protected];))
Jan 6 (Reuters) - Desco Infratech Ltd DESC.BO:
RECEIVES ORDERS WORTH 53.7 MILLION RUPEES
Source text: ID:nBSELNPZX
Further company coverage: DESC.BO
(([email protected];))
July 17 (Reuters) - Desco Infratech Ltd DESC.BO:
ENTERS POWER & TRANSMISSION INFRASTRUCTURE SECTOR
RECEIVES 23.7 MILLION RUPEES ORDER FROM KP GROUP
Source text: ID:nBSE6YchKP
Further company coverage: DESC.BO
(([email protected];;))
July 17 (Reuters) - Desco Infratech Ltd DESC.BO:
ENTERS POWER & TRANSMISSION INFRASTRUCTURE SECTOR
RECEIVES 23.7 MILLION RUPEES ORDER FROM KP GROUP
Source text: ID:nBSE6YchKP
Further company coverage: DESC.BO
(([email protected];;))
July 14 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD - RECEIVES ORDERS WORTH 95.3 MILLION RUPEES
Source text: ID:nBSE2F2gdR
Further company coverage: DESC.BO
(([email protected];))
July 14 (Reuters) - Desco Infratech Ltd DESC.BO:
DESCO INFRATECH LTD - RECEIVES ORDERS WORTH 95.3 MILLION RUPEES
Source text: ID:nBSE2F2gdR
Further company coverage: DESC.BO
(([email protected];))
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What does Desco Infratech do?
Desco Infratechis engaged in providing infrastructure and maintenance services to city gas distribution divisions in India. It engages in activities such as pipeline laying, installation, testing, erection and commissioning for Piped Natural Gas (PNG) utilized by both domestic and commercial users.
Who are the competitors of Desco Infratech?
Desco Infratech major competitors are Rudra Gas Enterprise, Likhitha Infrastruct. Market Cap of Desco Infratech is ₹155 Crs. While the median market cap of its peers are ₹506 Crs.
Is Desco Infratech financially stable compared to its competitors?
Desco Infratech seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Desco Infratech pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Desco Infratech latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Desco Infratech allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Desco Infratech balance sheet?
Balance sheet of Desco Infratech is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Desco Infratech improving?
Yes, profit is increasing. The profit of Desco Infratech is ₹11.98 Crs for TTM, ₹9.06 Crs for Mar 2025 and ₹3.46 Crs for Mar 2024.
Is the debt of Desco Infratech increasing or decreasing?
Yes, The net debt of Desco Infratech is increasing. Latest net debt of Desco Infratech is ₹14.68 Crs as of Mar-26. This is greater than Mar-25 when it was -₹50.46 Crs.
Is Desco Infratech stock expensive?
Desco Infratech is not expensive. Latest PE of Desco Infratech is 9.27, while 3 year average PE is 19.1. Also latest EV/EBITDA of Desco Infratech is 7.15 while 3yr average is 8.14.
Has the share price of Desco Infratech grown faster than its competition?
Desco Infratech has given better returns compared to its competitors. Desco Infratech has grown at ~-0.2% over the last 1yrs while peers have grown at a median rate of -19.0%
Is the promoter bullish about Desco Infratech?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 58.31% and last quarter promoter holding is 58.12%.
Are mutual funds buying/selling Desco Infratech?
There is Insufficient data to gauge this.