Powertech EPCC Company Receives New Order Worth Rs 3,24,92,791 From NTT Global Data Centre & Cloud Infrastructure India Pvt Ltd
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.
Lakshya Powertech Limited announced that the company has secured a significant Purchase Order from NTT Global Data Centre & Cloud Infrastructure India Pvt Ltd for Civil, Fabrication & Painting work for watch towers at their NAV2 campus in Airoli. This domestic order, valued at Rs 3,24,92,791 (excluding taxes), is expected to be executed within a 12-month timeframe. The Company will be responsible for the supply of Civil, Fabrication & Painting services to complete the project successfully.
Earlier, the company 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.
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.
DSIJ’s ‘Micro Marvel' service recommends micro-cap stocks with the potential to grow multifold in long run. If this interests you, do download the service details here.
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.