Desco Infratech Secures Rs.1.92 Crore Order from KP Energy, Achieves Gasification Milestone at Vizag Steel Plant

1 min read     Updated on 08 May 2026, 05:04 PM
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AI Summary

Desco Infratech Limited disclosed two key developments on May 08, 2026, under Regulation 30 of SEBI (LODR) Regulations, 2015. The company secured a purchase order worth Rs.1,91,73,799.00 (inclusive of GST) from KP Energy Limited for supply and installation of underground cable related materials and execution works. Additionally, Desco Infratech successfully completed commissioning and gasification activities at Vizag Steel Plant under the Vizag GA project in association with Indian Oil Corporation Limited (IOCL), reinforcing its position in the City Gas Distribution and industrial gas infrastructure segment.

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Desco Infratech Limited has announced two significant operational developments on May 08, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has secured a purchase order from KP Energy Limited and has simultaneously achieved a key infrastructure milestone with the successful completion of commissioning and gasification activities at Vizag Steel Plant.

Purchase Order from KP Energy Limited

Desco Infratech has received a purchase order from KP Energy Limited amounting to Rs.1,91,73,799.00 (Rupees One Crores Ninety-One Lacs Seventy-Three Thousand Seven Hundred Ninety-Nine Only), inclusive of GST. The order pertains to the supply and installation of underground cable related materials and execution works. The order has been awarded by a domestic entity, and neither the promoter nor the promoter group nor group companies hold any interest in the awarding entity.

The key details of the purchase order are outlined below:

Parameter: Details
Awarding Entity: KP Energy Limited
Nature of Order: Supply and installation of underground cable related materials and execution works
Order Value (Incl. GST): Rs.1,91,73,799.00
Domestic/International: Domestic
Related Party Transaction: NA
Promoter Interest in Entity: No
Execution Timeline: As per the Contract

Gasification Commissioning Milestone at Vizag Steel Plant

In a separate but concurrent development, Desco Infratech has successfully completed commissioning and gasification activities at Vizag Steel Plant under the Vizag Geographical Area (GA) project. This work was carried out in association with Indian Oil Corporation Limited (IOCL). The successful execution of this project is described by the company as a critical infrastructure milestone, reflecting its technical expertise and operational capabilities in the delivery of complex gas distribution and energy infrastructure projects.

The commissioning and gasification of the Vizag Steel Plant further strengthens Desco Infratech's presence in the City Gas Distribution (CGD) and industrial gas infrastructure segment. The company highlighted its ability to execute high-value industrial connectivity projects while maintaining stringent quality, safety, and operational standards throughout the project lifecycle.

Regulatory Disclosure

Both developments were communicated to BSE Limited through an official intimation signed by Mr. Malhar Pankaj Desai, Whole-time Director (DIN: 07293599), on behalf of Desco Infratech Limited. The disclosures were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Desco Infratech

1 Day5 Days1 Month6 Months1 Year5 Years
-3.84%-0.21%+61.35%+6.58%+2.97%+44.64%

Could the successful commissioning at Vizag Steel Plant lead to additional CGD project awards from IOCL or other PSU energy companies in other geographical areas?

How might Desco Infratech's growing order book in underground cable and gas infrastructure segments impact its revenue trajectory and margins over the next 2-3 years?

Will the KP Energy partnership open doors for Desco Infratech to participate in KP Energy's expanding renewable energy project pipeline, particularly in wind energy infrastructure?

DESCO INFRATECH LIMITED releases FY26 conference call recording

1 min read     Updated on 05 May 2026, 08:26 PM
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AI Summary

DESCO INFRATECH LIMITED conducted a conference call on May 5, 2026, to discuss audited standalone and consolidated financial results for the period ended March 31, 2026. The audio recording of the call is now available on the company's website, with the transcript to follow.

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DESCO INFRATECH LIMITED has released the audio recording of its conference call with analysts and investors, which was conducted on May 5, 2026. The call was held to discuss the audited standalone and consolidated financial results for the half year and year ended March 31, 2026. The company has formally submitted the recording to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conference Call Details

The earnings call was conducted with the following specifics:

Parameter: Details
Date: Tuesday, May 5, 2026
Time: 11:30 AM
Purpose: Discussion of audited financial results
Period Covered: Half year and year ended March 31, 2026
Regulation: SEBI (LODR) Regulations, 2015 - Regulation 30

Access to Recording

The audio recording of the conference call is now accessible to stakeholders. The company has confirmed that the recording is available on its official website. The transcript of the said conference call will be submitted in due course.

Management Participation

The conference call featured key members of the company's leadership team who engaged with analysts and investors:

  • Mr. Malhar Desai - Whole Time Director
  • Mr. Samarth Desai - Executive Director
  • Mr. Rushabh Mashkaria - Chief Financial Officer

Regulatory Compliance

DESCO INFRATECH LIMITED has emphasized its commitment to regulatory compliance in its communication to BSE Limited. The company stated that management representatives discussed only publicly available information during the call and did not share any unpublished price-sensitive information. The submission was made by Muskan Khandal, Company Secretary & Compliance Officer.

Historical Stock Returns for Desco Infratech

1 Day5 Days1 Month6 Months1 Year5 Years
-3.84%-0.21%+61.35%+6.58%+2.97%+44.64%

What were the key revenue and profit growth metrics reported by DESCO INFRATECH for FY2026, and how do they compare to industry peers in the infrastructure sector?

Has DESCO INFRATECH provided any forward guidance or order book updates for FY2027 that could signal future revenue visibility?

Are there any major capital expenditure plans or fundraising initiatives announced by DESCO INFRATECH's management that could impact its balance sheet in the near term?

More News on Desco Infratech

1 Year Returns:+2.97%