Likhitha Infrastructure Secures ₹72.15 Crore HPCL Order; Market Cap at ₹900 Crore
Likhitha Infrastructure Limited has secured a ₹72.15 Crore (Excl. GST) contract from Hindustan Petroleum Corporation Limited for cross-country pipeline laying works, to be completed within 12 months. The order, disclosed under SEBI Regulation 30, is a domestic, non-related party transaction. The company's market capitalisation currently stands at ₹900 Crore.

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Likhitha Infrastructure Limited has secured a significant contract worth ₹72.15 Crores (Excl. GST) from Hindustan Petroleum Corporation Limited (HPCL), as disclosed on May 06, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The order marks a notable addition to the company's project portfolio in the pipeline infrastructure segment. The company's market capitalisation currently stands at ₹900 Crore.
Order Details
The contract involves the laying of a cross-country pipeline along with associated facilities, categorised under Pipeline Laying Works-SCH B. The order has been awarded by a domestic entity and is not classified as a related party transaction. The key parameters of the order are summarised below:
| Parameter: | Details |
|---|---|
| Awarding Entity: | Hindustan Petroleum Corporation Limited |
| Order Value: | ₹72.15 Crores (Excl. GST) |
| Nature of Work: | Laying of Cross-Country Pipeline along with associated facilities |
| Contract Type: | Pipeline Laying Works-SCH B |
| Entity Type: | Domestic |
| Execution Period: | 12 months |
| Related Party Transaction: | No |
| Promoter Interest in Awarding Entity: | None |
Regulatory Disclosure
The intimation was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The disclosure confirms that none of the promoters, promoter group, or group companies hold any interest in Hindustan Petroleum Corporation Limited, and the transaction is conducted at arm's length as it does not constitute a related party transaction.
The disclosure was signed by Pallavi Yerragonda, Company Secretary & Compliance Officer (M. No. A70447), on behalf of Likhitha Infrastructure Limited.
Historical Stock Returns for Likhitha Infrastructure
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.98% | -2.65% | +28.29% | -7.03% | -16.53% | +20.35% |
How will the successful execution of this ₹72.15 Crore HPCL contract impact Likhitha Infrastructure's order book and revenue visibility for FY2027?
Could this contract serve as a stepping stone for Likhitha Infrastructure to secure larger pipeline projects from HPCL or other PSU oil companies like IOCL or BPCL?
Given that this single order represents approximately 8% of Likhitha Infrastructure's market capitalisation, how might margin performance on this project influence investor sentiment?
































