Lakshya Powertech wins Rs 276.37 crore work order from Vedanta Oil & Gas
- Lakshya Powertech wins a confirmed Rs 276.37 crore work order from Vedanta Oil & Gas Limited for O&M services.
- The order covers the Cairn Asset in Andhra Pradesh for a period of 3 years plus 2 provisional years.
- The company reported negative operating cashflow of Rs 30.50 crore in FY26, indicating potential working capital stress despite strong order inflows.
- Valuation stands at a P/E of 10.9x (as of 25 Sep 2026) with an ROCE of 18.42%.
*this image is generated using AI for illustrative purposes only.
Lakshya Powertech has secured a confirmed work order valued at Rs 276.37 crore from Vedanta Oil & Gas Limited for integrated operations and maintenance (O&M) services. The contract pertains to the Cairn Asset located in Andhra Pradesh and is structured for an initial period of three years, with two additional provisional years available for extension. This significant order inflow strengthens the company's backlog position and supports future revenue visibility. However, financial data indicates that Lakshya Powertech reported a negative operating cashflow of Rs 30.50 crore in FY26, suggesting potential working capital stress despite the robust order book. Current valuation metrics place the stock at a P/E of 10.9x as of 25 Sep 2026, alongside a Return on Capital Employed (ROCE) of 18.42%, reflecting a balance between growth prospects and operational efficiency challenges.
Historical Stock Returns for Lakshya Powertech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.96% | +33.43% | +37.15% | +19.93% | -14.60% | -68.49% |
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