Desco Infratech Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹135 Cr
- P/E
- 8.26
- ROE
- 25.30%
- PEG
- 0.07
- Price to sales
- 1.15
- Debt to equity
- 0.20
- 52W high / low
- ₹278 / ₹127
- EBITDA margin
- 20.01%
- Net profit margin
- 13.84%
- Promoter holding
- 58.31%
- Sales (last year)
- ₹119 Cr
Incorporated in 2011, Desco Infratech Ltd is an infrastructure solutions provider operating in the City Gas Distribution (CGD) business.[1]
Guidance scorecard · Q4 FY26 call
What Desco Infratech Ltd's management guided
and where it ranks in Construction
Construction
RevenueQ4 FY26 call
40%+- Desco Infratech Limited expects significant revenue growth, targeting INR 1,000 crores by FY2030, possibly achieving this a year earlier.
- The company aims for a conservative annual growth rate of 70% to 80% over the next 2 to 3 years.
- CGD (City Gas Distribution) business will contribute 60% to 65% of revenue, with the balance from power distribution and solar EPC sectors.
- Compressed Biogas (CBG) revenues are expected to reach around INR 170 crores by FY2030.
- The company is expanding CBG capacity from 2 tons per day (commissioned in Q1 FY26) to 15-20 tons per day within 18 months.
2 more points from Desco Infratech Ltd's call on revenue
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MarginsQ4 FY26 call
FlatSee what Desco Infratech Ltd said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- Commissioning of a 2 tons per day (TPD) compressed biogas (CBG) plant in Q1, with a capex of approximately INR 3.5-4 crores.
- Planned expansion of CBG capacity to 15-20 TPD within the next 18 months.
- Capex around INR 12-15 crores expected for South Gujarat project and INR 9 crores for Madhya Pradesh Dhar project, totaling about INR 25 crores for combined expansions.
- Intent to increase promoters' stake in Shri Green Agro Energies Private Limited (SGAEPL); eventual merger with Desco Biogreen Private Limited planned after commissioning 5 TPD capacity.
2 more points from Desco Infratech Ltd's call on capex
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FundraisingQ4 FY26 call
PlannedSee what Desco Infratech Ltd said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
Rising- As of the latest data, the company has an order book of INR 345 crores.
- Out of this, around INR 330-332 crores are from the City Gas Distribution (CGD) sector.
- The CGD orders include approximately INR 35-40 crores for operation and maintenance with timelines of about 24 months.
- The rest of the CGD orders are EPC projects with execution timelines of 18 to 24 months.
- Power distribution sector orders make up the remaining portion of the order book with an average timeline of 1 year.
2 more points from Desco Infratech Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Construction
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Construction companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹6,531 Cr | 11.7 | |
| 2 | 40%+ | Flat | ₹1,089 Cr | 9.3 | |
| 3 | 40%+ | Flat | ₹898 Cr | 7.6 | |
| 4 | 40%+ | Flat | ₹807 Cr | 14.7 | |
| 5 | 40%+ | Flat | ₹554 Cr | 13.1 | |
| 6 | 40%+ | Flat | ₹516 Cr | 30.7 |
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Pro shows every company guiding 40%+ revenue growth →Full Construction rankingFinancials of Desco Infratech Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Desco Infratech Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of Desco Infratech Ltd
Profit & Loss
Annual income statement trend
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Sales + | 20 | 29 | 29 | 59 | 119 |
| Expenses + | 18 | 27 | 24 | 46 | 95 |
| Operating Profit | 2 | 2 | 6 | 14 | 24 |
| OPM % | 8% | 8% | 19% | 23% | 20% |
| Other Income + | 0 | 0 | -0 | 0 | 0 |
| Interest | 0 | 0 | 1 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 2 | 5 | 12 | 22 |
| Tax % | 32% | 29% | 30% | 25% | 25% |
| Net Profit + | 1 | 1 | 3 | 9 | 16 |
| EPS in Rs | 33.20 | 49.20 | 119.51 | 11.80 | 21.34 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Financials of Desco Infratech Ltd
Balance Sheet
Capital structure and asset base
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.25 | 0.25 | 0.28 | 8 | 8 |
| Reserves | 4 | 5 | 12 | 51 | 63 |
| Borrowings + | 3 | 6 | 4 | 11 | 14 |
| Other Liabilities + | 5 | 10 | 8 | 12 | 19 |
| Total Liabilities | 12 | 21 | 24 | 83 | 104 |
| Fixed Assets + | 1 | 1 | 1 | 2 | 4 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 11 | 20 | 23 | 81 | 100 |
| Total Assets | 12 | 21 | 24 | 83 | 104 |
Financials of Desco Infratech Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from Operating Activity + | 0 | -2 | -0 | -12 | -18 |
| Cash from Investing Activity + | -0 | -1 | -1 | -1 | -5 |
| Cash from Financing Activity + | -0 | 2 | 1 | 44 | -7 |
| Net Cash Flow | -0 | -0 | 0 | 31 | -30 |
| Free Cash Flow | 0 | -2 | -1 | -13 | -21 |
| CFO/OP | 47% | -50% | 6% | -76% | -55% |
Financials of Desco Infratech Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 131 | 175 | 184 | 82 | 94 |
| Inventory Days | 12 | 7 | 140 | 185 | 195 |
| Days Payable | 97 | 146 | 606 | 416 | 430 |
| Cash Conversion Cycle | 46 | 36 | -282 | -148 | -142 |
| Working Capital Days | 68 | 73 | 132 | 171 | 194 |
| ROCE % | 24% | 40% | 31% | 30% |
Guidance history
How Desco Infratech Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 40%+ | Flat | Planned | Planned | Rising |
| Q2 FY26 call → | 40%+ | Flat | Planned | Planned | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Continue your research
What Desco Infratech Ltd's management said in earlier quarters
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