On 6 Nov 2026, Desco Infratech was priced at ₹165.85, or 7.8× trailing earnings, against an industry P/E of 16.4×, and the shares are 38% below their 52-week high. It earns ROCE of 31% and ROE of 25%, and sales and net profit grew 59% and 137% a year over 3 years. Debt is 0.22× equity. It is listed on an SME platform with a market cap of ₹127 Cr, ranked 111th of 156 Engineering & Construction companies by market cap; the shares fell 25% over the past year.
- ₹172.00
- ₹174.90
- ₹162.60
- ₹172.00
- 45.5K
Health check
- ReturnsBehind
−24.7% over a year, better than 2 of 7 peers.
- Price tagCheaper
P/E 7.8 vs industry 16.4.
- GrowthStrong
Sales +59.5%, profit +137.0% a year over 3 years.
- ProfitabilityStrong
ROCE 30.7% vs peer median 19.9%.
- Balance sheetFair
Debt 0.22× equity, interest covered 23.4×, Piotroski 5 of 9.
- Red flags1 to check
38% below its 52-week high.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹127 Cr
- Small cap
- P/E
- 7.8
- Industry 16.4
- Price to book
- 1.80
- Peers 4.92
- Dividend yield
- 0.00%
- ROE
- 25.2%
- Peers 17.9%
- ROCE
- 30.7%
- Peers 19.9%
- Debt to equity
- 0.22
- Debt ₹15 Cr
- EPS (TTM)
- ₹21.30
- OPM (TTM)
- 19.0%
- Net margin 13.8%
- Sales growth
- +108.0%
- Latest quarter vs a year ago
- Profit growth
- +29.7%
- Latest quarter vs a year ago
- Price to sales
- 1.07
- EV/EBITDA 6.5
Strengths and risks
Strengths
- Return on equity of 25.2%.
- Return on capital employed of 30.7%.
- Quarterly profit up 29.7% on a year ago.
- Quarterly sales up 108.0% on a year ago.
- P/E of 7.8 against an industry P/E of 16.4.
Risks to check
- 38% below its 52-week high.
About Desco Infratech
Desco Infratech Limited operates as an infrastructure company in India. The company undertakes city gas distribution network project works, including piped natural gas; commercial and industrial natural gas connection; operation and maintenance of steel, medium-density polyethylene (MDPE), and GI network; MDPE pipeline laying; lock pressure test and leak detection test; manpower supply for protection of assets; and carbon steel pipeline laying and…
- Headquarters
- Surat
- Employees
- 361
- Sector
- Industrials
- ISIN
- INE0TGG01014
- Website
- descoinfra.co.in
Price range
- Avg volume (3M)
- 20.5K
- 1-year return
- minus 24.7%
- From 52-week high
- minus 38.3%
Peers · Engineering & Construction
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| LTLarsen & Toubro | 4,117.70 | plus 1.67% | 5,66,549 | 31.7 | 19.6 | 14.6% | 9.6% | 1.05 | 16.1% | plus 3.2% |
| RVNLRail Vikas Nigam | 193.34 | minus 0.18% | 40,312 | 44.9 | 56.9 | 11.0% | 4.3% | 0.49 | 0.2% | minus 40.5% |
| CEMPROCemindia Projects | 1,323.30 | plus 2.79% | 24,405 | 36.4 | 24.2 | 37.1% | 10.3% | 0.38 | 25.5% | plus 49.2% |
| KPILKalpataru Projects International | 1,370.80 | minus 0.04% | 23,410 | 20.6 | 10.1 | 19.9% | 8.3% | 0.46 | 18.4% | plus 4.3% |
| NBCCNBCC (India) | 78.00 | minus 2.90% | 21,060 | 26.5 | 19.8 | 34.3% | 6.1% | 0.00 | 12.9% | minus 29.5% |
| ENGINERSINEngineers India | 292.70 | minus 1.94% | 16,451 | 18.3 | 21.5 | 28.1% | 21.2% | 0.00 | 5.7% | plus 51.1% |
| WABAGVA Tech Wabag | 1,988.20 | plus 6.57% | 12,429 | 29.4 | 20.8 | 16.3% | 10.9% | 0.09 | 9.9% | plus 33.2% |
| DESCODesco Infratech | 165.85 | minus 3.58% | 127 | 7.8 | 6.0 | 30.7% | 19.0% | 0.22 | 59.5% | minus 24.7% |
| Median of 7 peers | – | −0.04% | 23,410 | 29.4 | 20.8 | 19.9% | 9.6% | 0.38 | 12.9% | 4.3% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +59.5%
- Profit CAGR 3Y
- +137.0%
- ROE
- 25.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 29.2 | 29.4 | 59.4 | 119 | |
| – | +0.6% | +102.2% | +99.5% | |
| 27 | 23.8 | 45.8 | 95.1 | |
| 2.2 | 5.6 | 13.7 | 23.6 | |
| 7.5% | 19.1% | 23.0% | 19.9% | |
| −0.1 | −0.1 | −0.2 | −0.4 | |
| 0.3 | 0.3 | 1.2 | 1 | |
| 0.1 | 0.2 | 0.2 | 0.3 | |
| −0 | −0 | 0 | −0 | |
| 1.7 | 5 | 12.1 | 21.9 | |
| 29.4% | 30.5% | 25.1% | 25.2% | |
| 1.2 | 3.5 | 9.1 | 16.3 | |
| – | +181.8% | +161.9% | +80.5% | |
| 1.60 | 4.50 | 11.80 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.3 | 0.3 | 7.7 | 7.7 | |
| 4.8 | 11.7 | 51.2 | 63.1 | |
| 5.8 | 4.1 | 11.5 | 15.5 | |
| 9.8 | 7.7 | 12.2 | 18.9 | |
| 20.6 | 23.8 | 82.6 | 105 | |
| 1.5 | 2.2 | 2.9 | 6.5 | |
| 0.6 | 0.8 | 1.4 | 2.8 | |
| 0.3 | 0.5 | 0.6 | 3.5 | |
| 0.2 | 0.4 | 0.4 | 1.8 | |
| 18 | 19.9 | 77.2 | 90.6 | |
| 20.6 | 23.8 | 82.6 | 105 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −1.7 | −0.3 | −12.1 | −19 | |
| −0.7 | −0.8 | −1 | −5.6 | |
| 2.4 | 1.3 | 44 | −5.8 | |
| −0 | 0.2 | 30.8 | −30.4 | |
| −0.8 | −0.9 | −1.1 | −2.9 | |
| −2.5 | −1.2 | −13.2 | −22 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.