Powertech EPCC Company Receives New Order Worth Rs 1,54,07,150 From Powerica Limited
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 Purchase Order from Powerica Limited for the supply and installation of erection materials for six 2500 KVA DG sets at Nxtra Data Limited in Mahape, MIDC, Thane. This domestic order, valued at Rs. 1,54,07,150 (excluding taxes), requires the completion of delivery and installation within four months.
Earlier, Lakshya Powertech Limited received a letter of intent from M/s. Powerica Limited for the supply, installation, testing, and commissioning of a High-Speed Diesel (HSD) Yard for Nxtra Data Centre in Pune, Maharashtra. Valued at Rs 3.08 crore (excluding GST), this domestic tender contract is expected to be completed within two months. This significant win underscores the dedication and expertise of Lakshya Powertech's team and reinforces their commitment to delivering high-quality solutions for critical infrastructure projects.
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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. Our capabilities extend to Fabrication and Manufacturing of a wide range of engineering and process equipment, complemented by specialized services such as testing & commissioning, overhauls, refurbishing/retrofitting, and Trading operations. This comprehensive suite of services enables us to deliver optimal performance across multi-discipline and multi-sector projects.
The company is a micro-cap with a market cap of Rs 260 crore and debtor days have improved from 113 to 82.9 days. 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.