Desco Infratech Posts Strong Growth And Expands Internationally

08 May 2026 CW Team

Desco Infratech Limited reported results for the period ended 31 March 2026, with revenue from operations of Rs 1,187.93 million (mn), up 99.28 per cent year on year. EBIT rose to Rs 234.35 mn and profit after tax to Rs 163.81 mn, increases of 76.30 per cent and 80.87 per cent respectively. Net worth increased to Rs 708.46 mn, up 20.32 per cent.

The City Gas Distribution (CGD) segment remained the main growth engine, generating Rs 832.40 mn of revenue and Rs 128.42 mn of profit, with a PAT margin of 15.42 per cent. The Power and Renewable engineering, procurement and construction segment contributed Rs 353.72 mn of revenue and Rs 35.39 mn of profit, with a PAT margin of 10.01 per cent. Management said margin moderation reflected the shift into the lower margin EPC business while CGD margins stayed stable.

The company completed the acquisition of Shri Green Agro Energies Private Limited to secure government approvals and shorten project gestation, and incorporated a wholly owned entity, Desco Global FZ-LLC, in Ras Al Khaimah to support international operations. It said the moves would accelerate project mobilisation, broaden geographic reach and facilitate cross border opportunities. The group also continues to scale its renewable activities through its wholly owned subsidiary Desco Bio Green Limited.

Order book stood at about Rs 3.45 billion (bn) and the tender pipeline at roughly Rs 6.50 bn, underpinning near term opportunity visibility. Net cash flow from operations was negative Rs 179.60 mn versus negative Rs 121.07 mn in the prior year as working capital rose with project mobilisation. Management said it will focus on collection efficiencies and optimisation of working capital cycles to support growth.

With a strengthened pipeline, strategic acquisitions and international expansion the company signalled confidence in sustaining growth and long term value creation. The disclosure was filed from Surat on five May 2026.

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