Desco Infratech

What Desco Infratech does

Desco Infratech Limited is a Surat-headquartered, BSE SME-listed infrastructure services company (Script Code 544387) executing projects across four verticals: city gas distribution (CGD) networks, power distribution, water treatment and distribution, and renewable energy EPC. The company builds MDPE and steel gas pipelines, last-mile gas connectivity, CNG station connectivity, horizontal directional drilling (HDD)-based underground power cables, HDPE pipe installations, optical fibre cable laying, and solar and water infrastructure for public sector undertakings and private infrastructure operators. It is present in over 55 cities across 14 Indian states and has expanded internationally via a wholly-owned subsidiary, Desco Global FZ-LLC, in UAE's Ras Al Khaimah Economic Zone.

The company makes money primarily through project-based contracts awarded via competitive tendering as an L1 lowest bidder and direct purchase orders from clients. Pricing is contract-driven and not publicly disclosed; contract values range from sub-Rs 1 crore to Rs 40.43 crore (KP Group) and Rs 16.67 crore (ONGC). In FY26 the company reported revenue from operations of Rs 1,187.93 million (up 99.28% YoY) and profit after tax of Rs 163.81 million (up 80.87% YoY), with the CGD segment contributing Rs 832.40 million at a 15.42% PAT margin. The order book stands at approximately Rs 345 crore with a tender pipeline of Rs 650 crore (30-40% expected conversion). The company has entered bio-energy through a 75%-owned subsidiary (Shri Green Agro Energies Private Limited), which operates a 5 TPD compressed bio-gas plant at Bulandshahr, Uttar Pradesh, and has partnered with KPI Green Hydrogen and Naveriya Gas on hydrogen-natural gas blending projects. Customers include ONGC, BPCL, GAIL, Sabarmati Gas, Adani Total Gas, MNGL, Aavantika Gas, Gujarat Gas, KP Group, Sun Drops Energia, Torrent Gas, Indian Oil, Adani Green Energy, and Indraprastha Gas. Operations are led by Chairman & Managing Director Pankaj Pruthu Desai, with a board that includes three independent directors and a CFO and Company Secretary as designated Key Managerial Personnel under SEBI LODR.

Name

Desco Infratech

Legal name

Desco Infratech Limited

Website

https://descoinfra.co.in

Company type

Public

Founded year

2011

Operating status

Operating

Headcount range

101–250 employees

Short description

Desco Infratech is an India-based EPC infrastructure services company executing city gas distribution networks, HDD-based underground power cable laying, water, and renewable energy projects for government PSUs and private operators across 55+ cities and 14 states, now expanding into CBG and hydrogen blending.

Ownership category

akta.pro rank

Product category

Infrastructure EPC Services

NAICS

Power and Communication Line and Related Structures Construction (237130), Natural Gas Distribution (221210), Utilities (22), Natural Gas Distribution (22121), Engineering Services (541330)

SIC

Water, Sewer, Pipeline, Comm & Power Line Construction (1623), Electric, Gas & Sanitary Services (4900), Natural Gas Transmission (4922)

akta.pro primary industry

Underground Distribution (Cable, Duct Bank & Vault) EPC (EUAEACAB)

akta.pro secondary industries

Transmission line EPC & construction (overhead) (EUADAKAA), Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA), Distribution Substations & Switching Stations (MV) EPC (EUAEACAC), Underground transmission & distribution cable EPC (civil + cable install) (EUADAKAB), Environmental & Permitting Compliance During Construction (Erosion Control, Wildlife Mitigation, Monitoring) (EUAMAFAM), Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM), Transmission Interconnection & Line Works (Gen-Tie Lines, Overhead/Underground Lines) (EUAMAFAF), Underground & Submarine Cable EPC (HV/EHV) (EUAEABAB)

Keywords

• City gas distribution
• Pipeline laying services
• Underground cable installation
• Renewable energy EPC
• Water infrastructure projects

Headquarters

HQ city

Surat

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. City Gas Distribution (CGD) Project Revenue: Primary growth driver, contributing Rs 832.40 million in FY26 revenue with 15.42% PAT margin. Revenue from MDPE/steel pipeline laying, CNG station connectivity, and last-mile connectivity contracts awarded by gas utilities. Execution timelines of 15-24 months per project.
2. Power and Renewable EPC: Contributed Rs 353.72 million in FY26 revenue. Includes underground cable laying projects, solar infrastructure EPC supply (e.g., Sun Drops Energia), and renewable energy implementation.
3. Operations & Maintenance Services: Operations and maintenance services for City Gas Distribution (CGD) projects, since expanded from 2020 onwards. Includes support services across multiple locations.
4. Bio-Energy / Compressed Bio Gas (CBG) Revenue: New revenue stream via subsidiary Shri Green Agro Energies. Commenced Phase-1 commercial sales of Compressed Bio Gas from 5 TPD plant at Bulandshahr, UP with 1 TPD operational capacity. Expected to support India's SATAT initiative.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Desco Infratech is a multi-vertical infrastructure EPC services company executing City Gas Distribution (CGD) networks (MDPE and steel pipeline laying, CNG station connectivity, last-mile connectivity), Power distribution infrastructure (HDD-based underground cable laying, HDPE pipe installation, OFC cable laying), Water distribution networks and treatment plants, and Renewable Energy projects (solar EPC and Compressed Bio Gas). The company serves government PSUs, oil & gas corporations, CGD utilities, power distribution companies, and renewable energy developers across 55+ cities in 14 Indian states, with execution timelines of 15–24 months per project.

Product overview

Desco Infratech is a single integrated infrastructure services platform organized around four core service verticals — City Gas Distribution Network Project, Power Distribution Projects, Water Distribution Projects and Associated Works, and Foundational Support in Renewable Energy Projects — together supplemented by subsidiaries including Desco Biogreen Private Limited, the acquired Shri Green Agro Energies Private Limited (SGAEPL) which operates a Compressed Bio Gas plant, and Desco Global FZ-LLC in the UAE for international expansion. The core City Gas Distribution vertical underpins the largest share of revenue and is supported by cross-vertical capabilities in power, water and renewable EPC execution.

Differentiator

Problem solved

Functional benefit

Products and services

• City Gas Distribution Network Project End-to-end execution of city gas distribution networks including planning, MDPE and steel pipeline laying, last-mile connectivity to households and commercial/industrial customers, CNG station connectivity, and operations & maintenance across multiple Indian states and CGD geographies. Targets public and private gas utilities including PSUs (ONGC, BPCL, GAIL) and CGD operators (Sabarmati Gas, Aavantika Gas, MNGL, Adani Total Gas, Torrent Gas, Gujarat Gas).
• Power Distribution Projects Design and execution of power distribution infrastructure including underground cable laying using Horizontal Directional Drilling (HDD), HDPE pipe installation, cable jointing, optical fibre cable laying, and overhead installations for power transmission and distribution. Validated on a 9,150-metre underground cable project at Hansot, Gujarat. Serves power generation, distribution companies, and renewable energy developers.
• Water Distribution Projects and Associated Works Comprehensive water infrastructure solutions for government and private entities, providing reliable access to clean water across diverse terrains. Includes water treatment plants and associated civil works such as water distribution network implementation. Targets government water departments, municipal corporations (e.g., Kochi Municipal Corporation), and private water infrastructure operators.
• Foundational Support in Renewable Energy Projects Execution support for solar power and renewable energy projects including implementation of solar power infrastructure to maximize energy generation and minimize environmental impact. Includes solar infrastructure EPC supply (e.g., Rs 39.34 crore EPC supply agreement with Sun Drops Energia) and power/solar purchase order execution for clients like KP Energy.
• Operations & Maintenance Services for CGD Projects Operations and maintenance services for City Gas Distribution (CGD) projects across multiple locations. Supports gas utilities in managing their pipeline networks post-construction. Includes O&M orders from Maharashtra Natural Gas Limited (MNGL) and Adani Total Gas.
• Compressed Bio Gas (CBG) Production and Sales Compressed Bio Gas production and commercial sales from the 5 TPD CBG plant at Bulandshahr, UP (Phase-1: 1 TPD operational) operated through 75%-owned subsidiary Shri Green Agro Energies Private Limited. Supports India's SATAT initiative for waste-to-energy conversion and reduces LNG import dependence.

Quantifiable outcome

• FY26 revenue surged 99.28% YoY to Rs 1,187.93 million; PAT rose 80.87% to Rs 163.81 million
• +3 more outcomes

Named customers19 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered flagship and core.

• KPI Green Hydrogen and AmmoniaflagshipStrategic or Co-development Partner · 18 October 2025Desco Infratech, KPI Green Hydrogen and Ammonia, and Naveriya Gas have partnered to develop hydrogen-natural gas blending projects in India's city gas sector. KPI Green Hydrogen and Ammonia produces green hydrogen, Desco Infratech manages engineering and technology, while Naveriya Gas integrates the blended fuel into the city gas network. The collaboration aims to reduce LNG imports, build green infrastructure, and support India's climate goals.
• Naveriya GasflagshipStrategic or Co-development Partner · 18 October 2025Three-way partnership with Desco Infratech and KPI Green Hydrogen and Ammonia to develop hydrogen-natural gas blending projects in India's city gas sector. Naveriya Gas integrates the blended fuel into the city gas network.
• Bigshare Services Private LimitedcoreOthersBigshare Services Private Limited serves as Desco Infratech's Registrar & Share Transfer Agent (RTA). SEBI Registration No. INR000001385. Located at S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400 093. Handles IPO, share transfer, and investor grievance services.
• Desco Biogreen Private LimitedcoreStrategic or Co-development PartnerListed subsidiary on Desco Infratech's website navigation alongside MOU references. Indicates corporate group structure supporting the company's expansion into bio-energy and related clean energy verticals.
• Shri Green Agro Energies Private Limited (SGAEPL)flagshipStrategic or Co-development PartnerAcquired subsidiary with 75% shareholding (increased from earlier stake as of February 2026). Provides ready government approvals to accelerate CBG project execution in new geographies. Operates the 5 TPD Compressed Bio Gas Plant at Bulandshahr, UP (Phase-1 1 TPD operational). Strategic entry into renewable energy / waste-to-energy sector under India's SATAT initiative.
• Desco Global FZ-LLCcoreStrategic or Co-development PartnerWholly-owned subsidiary incorporated in the UAE's Ras Al Khaimah Economic Zone to support international expansion of Desco Infratech's infrastructure business.
• KP GroupcoreGTM or Marketing PartnerStrategic relationship with KP Group entities (KP Energy Limited, a company belonging to KP Group) involving multiple projects: Rs 40.43 crore PO for power & solar infrastructure, 9,150-metre underground cable project at Hansot Gujarat, and other purchase orders. MOU signing ceremony documented in media gallery.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Emerging players

• Praj Industries: Praj Industries is a leading Indian bio-energy process technology and EPC provider for ethanol, compressed biogas and waste-to-energy plants — directly comparable to Desco's CBG vertical via Shri Green Agro Energies under India's SATAT initiative.
• Skipper Limited: Skipper is a mid-sized Indian EPC and polymer products player active in power T&D and water infrastructure — comparable to Desco in scale and tender-driven EPC execution for utilities.

Broad incumbents

• KEC International: KEC International (RPG Group) is a large listed Indian EPC company dominant in power T&D including underground cable laying and HDD-based installations, directly comparable to Desco's Power Distribution vertical and HDD expertise across utilities.
• Sadbhav Engineering: Sadbhav Engineering is a listed Indian infrastructure EPC focused on roads, water, mining and power T&D, comparable to Desco's tender-based EPC model and multi-state execution capability for public-sector clients.
• Dilip Buildcon: Dilip Buildcon is a listed Indian infrastructure EPC with strong order book execution in roads, water supply, gas distribution and power T&D, competing with Desco in tender-driven infrastructure work, particularly for PSU clients.
• Megha Engineering & Infrastructures (MEIL): MEIL is one of India's largest private EPC contractors with deep exposure to gas pipeline, water, and power infrastructure projects for state and central PSUs — a direct competitor to Desco on large multi-state CGD and oil & gas pipeline tenders.
• Kalpataru Projects International: Kalpataru Projects International is a diversified Indian EPC major with significant exposure to gas pipeline laying (including CGD), power transmission, and water infrastructure, directly competing with Desco on multi-state gas distribution tenders for PSU clients like GAIL and BPCL but at substantially larger scale.

Others

• Gujarat Gas: Gujarat Gas is one of India's largest CGD operators headquartered in Gujarat and a customer of Desco (L1 bidder for Surat & Hazira GA integrated tender), directly shaping Desco's regional order pipeline.
• Adani Total Gas: Adani Total Gas is one of the largest CGD network operators in India and a customer of Desco for PNG pipeline laying; it represents a key end-market comparable customer-base rather than a direct EPC competitor.
• Indraprastha Gas (IGL): IGL is a major listed Indian CGD operator (Delhi NCR) and a listed client on Desco's roster, representing the downstream CGD operator segment that drives demand for Desco's pipeline laying services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/Desco_Infratech
• Facebookfacebook.com/descoinfra
• LinkedInlinkedin.com/company/desco-infratech-pvt-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Desco Infratech