Rs 78+ Crore Order Power Company Bags New Orders Worth Rs 22,50,00,000 From Hoerbiger India Pvt Ltd

The shares of the company have an ROE of 80 per cent and an ROCE of 55 per cent.

Lakshya Powertech Limited has secured a significant work order from Hoerbiger India Private Limited, a domestic entity, valued at Rs 22,50,00,000 (Twenty Two Crore Fifty Lakh only), excluding taxes. This contract, set to be executed within 12 months, encompasses three key areas: compressor dismantling and inspections, compressor skid packaging, and the supply of Balance of Plant (BOP) material. This win highlights Lakshya Powertech's expertise in specialised industrial services.

Earlier, the company has secured a domestic order from Powerica Limited for the supply and installation of materials for 8 x 2250 KVA DG sets, with an estimated execution period of 6-8 months and a broad consideration of Rs 11,16,92,042 excluding taxes.

About the Company

Lakshya is a leading provider of Engineering, Procurement, Construction, and Commissioning (EPCC) services for the Oil and Gas, Power, Industrial, and Renewable Energy sectors. In addition to EPCC, we offer comprehensive Integrated Operation and Maintenance Services to ensure the sustained efficiency and longevity of our clients' installations.

Its capabilities extend to Fabrication and Manufacturing of a wide range of engineering and process equipment, complemented by specialised services such as testing & commissioning, overhauls, refurbishing/retrofitting, and Trading operations. This comprehensive suite of services enables us to deliver optimal performance across multi-disciplinary and multi-sector projects.

The company is a micro-cap with a market cap of Rs 190 crore and debtor days have improved from 113 to 82.9 days with order book of over Rs 78 crore. The shares of the company have an ROE of 80 per cent and an ROCE of 55 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.