Desco Infratech Ltd (DESCO) Q4FY26 Management Mirror - Mar-2026 Qtr
Revenue & Topline Growth
Management revised near-term revenue growth guidance downward to a conservative 70% to 80% YoY over the next two to three years, compared to earlier targets of 90% to 95% in the Sep'25 Qtr and 90% to 100% in the Mar'25 Qtr. Despite the near-term deceleration, the long-term objective to achieve INR 1,000 crores in revenue by Mar'30 remains completely intact, with a possibility of early achievement. Segmental mix expectations slightly shifted, with the City Gas Distribution (CGD) segment now projected to contribute 60% to 65% (down from 65% to 70% in the Sep'25 Qtr), while Power Distribution and Solar EPC will scale to 30% to 35%. [Status: Downgraded]
3 more themes on the ELITE plan.