Desco Infratech Ltd – Company Report
1. Company Overview
Desco Infratech Ltd, founded in 2011 and headquartered in Surat, Gujarat, is a dynamic Indian infrastructure company operating across Engineering, Planning, and Construction—with special emphasis on City Gas Distribution (CGD), Renewable Energy, Water, and Power sectors. The company has established a significant presence across 14 states and more than 55 cities/towns, boasting a diverse and skilled team of 201–500 employees. Desco Infratech is known for driving large-scale infrastructure projects, combining innovative solutions with a strict commitment to safety, environmental responsibility, and quality. Its leadership position in CGD and expansion into other infrastructure verticals is powered by experienced promoters and robust management systems.
- Incorporated: January 2011
- Headquarters: Surat, Gujarat, India
- Employees: ~234–500
- Areas Served: 14 states, 55+ cities across India
- Core Focus: City Gas Distribution, Power Distribution, Water Infrastructure, Renewable Energy
- Certifications: Strong adherence to safety and compliance standards
- Stock Listing: Publicly listed
- Market Cap (July 2025): ~₹181 crore
2. Products and Services
Desco Infratech Ltd is a comprehensive infrastructure provider with a well-diversified portfolio:
City Gas Distribution (CGD):
- Specialized in laying, installation, commissioning, and maintenance of MDPE, GI, and carbon steel pipelines for piped natural gas (PNG)—serving residential, commercial, and industrial customers
- Operation & Maintenance services for underground/above-ground gas pipeline networks, including lock pressure tests, leak detection, and rapid response teams for emergency services
Power Infrastructure:
- Installation, erection, and commissioning of Low Tension (LT) and High Tension (HT) power cables and double-walled cables
- Laying and commissioning of HDPE pipes for power and connectivity
Water Distribution Projects:
- End-to-end solutions including the design and construction of water distribution networks
- Installation of open wells, sump wells, overhead tanks, and HDPE pipelines for water management
Renewable Energy:
- Projects in solar energy, particularly in the Gujarat Hybrid Renewable Energy Park
- Erection of RCC piles, structures for solar module installations, and other foundation works for green energy projects
Other Segments:
- Installation of fiber optics, telecom cables, and advanced infrastructure for industries requiring both underground and above-ground networks
Desco Infratech’s service approach emphasizes project safety, timely execution, and strict regulatory compliance, while supporting clients with both infrastructural development and ongoing maintenance.
3. Recent News and Developments
Desco Infratech has recently shown strong momentum through new order wins and its IPO activity.
- June 04, 2025: Desco Infratech has received multiple orders from Bharat Petroleum Corporation, GAIL Gas and Torrent Gas of Rs. 19,18,83,978.30/- for Last mile connectivity (LMC) & Direct Marketing associated Services works (DMA) for activity & CGD (city gas distribution) in Karnataka and Operations and Maintenance Services Contract of PE- PNG work in Rajasthan.
- July 14, 2025: Received orders worth ₹9.53 crore from BPCL, Torrent Gas Chennai Pvt Ltd, and Maharashtra Natural Gas Ltd for pipeline laying and PNG-related services.
- July 8, 2025: Won a ₹3.5 crore order from Indraprastha Gas Limited for maintenance of PNG installations.
- April 15, 2025: Desco Infratech Ltd has received a Letter of Award (LoA) worth Rs 118.6 million from Bharat Petroleum Corporation Ltd (BPCL) for work related to its City Gas Distribution (CGD) project in Bahraich, Uttar Pradesh.
- September 08, 2025: Desco Infratech announced that it had secured a new order worth Rs 1.30 crore from Bharat Petroleum Corporation (BPCL).
- September 15, 2025: Desco Infratech Limited has received a domestic order from Torrent Gas Jaipur Private Limited worth ₹8.46 crore (inclusive of GST) for laying MDPE pipelines, providing PNG connections, and associated work under the City Gas Distribution Project in Jaipur, to be executed as per the contract terms. There is also another order worth ₹4.18 crore.
- September 24, 2025: Desco Infratech secured a contract worth Rs 3.96 crore from GAIL Gas a government-owned public sector undertaking.
- October 3, 2025: Desco Infratech Limited has received a Letter of Intent (LOI) from Sabarmati Gas Limited (SGL) in reference to the L1 bid previously intimated on 26.09.2025, amounting to Rs. 1,81,69,440/- . Further, the Company has also received an order from Indraprastha Gas Limited (IGL) amounting to Rs. 1,27,57,773/- .
4. Financial Performance
| Metric | FY2025 | FY2024 |
|---|---|---|
| Total Revenue | ₹59.61 crore | ₹29.49 crore |
| Net Profit | ₹9.06 crore | ₹3.44 crore |
| EBITDA | ₹13.51 crore | — |
| Operating Profit Margin | 22.44% | 19.16% |
| Net Profit Margin | 15.23% | — |
| Earnings Per Share (EPS) | ₹11.8 | — |