Swastika Infra Secures ₹615.76 Crore Order from MSEDCL, Boosting Order Book to ₹1,400 Crore
Swastika Infra secured a ₹615.76 crore order from MSEDCL for infrastructure development in Maharashtra. This is the company's largest single order, boosting its unexecuted order book to approximately ₹1,400 crore. The project is funded by ADB and marks the company's expansion into a new state.
The order value is substantial, representing 1.2 times the company's FY26 revenue and significantly strengthening its order pipeline and future revenue visibility. Entry into a major state like Maharashtra is also strategically important.
The company has secured its largest single order to date, significantly increasing its order book and marking an entry into a key state, which is a positive development.
Swastika Infra Limited has secured a Letter of Award (LOA) worth approximately ₹615.76 crore from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the Development of Distribution Infrastructure & System Strengthening works at Bhandup Zone, Maharashtra.
This order, funded by the Asian Development Bank (ADB), is the largest single order in Swastika Infra's history and is equivalent to approximately 1.2 times the Company's FY26 revenue of ₹504 crore. The scope of the project includes the development of new substations, HT/LT lines, distribution transformers, augmentation of existing infrastructure, underground cabling, renovation works, GIS mapping, and asset tagging.
Following this significant win, the Company's unexecuted order book has increased to approximately ₹1,400 crore, with operations now spanning across 9 states. This order marks Swastika Infra's entry into the Maharashtra market, a state with substantial investment in the Power Transmission & Distribution (T&D) sector.
The company's order book has doubled from ₹687 crore in March to approximately ₹1,400 crore in October 2026, demonstrating a rapid scale-up of its business. Swastika Infra, an EPC player in the Power T&D and Renewable sector, provides end-to-end turnkey solutions.
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Swastika Infra Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Swastika Infra Limited. Read the original for the full detail.