Desco Infratech Limited
Quick Take
- • Trading at 9.0× trailing earnings
- • Strong ROE at 25.2%
- • Low leverage (D/E 0.22)
- • No dividend data
- • Operating margin 19.0% · Net margin 13.8%
- • Profit growth +29.70% YoY · Beta —
Shareholding Pattern
About the company
From latest AR & concallDesco Infratech Limited operates as an infrastructure company in India. The company undertakes city gas distribution network project works, such as 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 commissioning; and power distribution project works, including precise installation, erection, and commissioning of low and high tension cables for power distribution. It also undertakes water distribution projects and other associated works, which include designing and building water distribution networks, such as open well, sump well, overhead tanks, high-density polyethylene and ductile iron pipelines, and water receiving chambers, as well as offers foundational support in renewable energy projects comprising erection of RCC piles, erection of structure and solar modules, and commissioning of solar modules. The company was incorporated in 2011 and is headquartered in Surat, India.
