Likhitha Infrastructure Limited has officially announced the receipt of a significant domestic order from Hindustan Petroleum Corporation Limited (HPCL) on May 06, 2026. The contract, valued at ₹72.15 Crores (excluding GST), was disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This award reinforces the company’s standing as a key player in India’s energy infrastructure sector.

The detailed scope of this project involves pipeline laying works, specifically the laying of a cross-country pipeline along with all associated facilities. The project is classified as a domestic entity contract and is scheduled for execution over a time period of 12 months. This order was awarded directly by HPCL, and the company has confirmed that none of its promoters or group companies have any interest in the awarding entity, ensuring the contract does not fall under related party transactions.

Likhitha Infrastructure Limited, established in 1998, is a specialized player in the oil and gas pipeline infrastructure segment. The company’s core business operations are divided into three primary segments: Cross-Country Pipeline (CCP) projects, City Gas Distribution (CGD) networks including CNG stations, and Operation & Maintenance (O&M) services. As of early 2026, the company maintains a robust pan-India presence across 20 states and 2 Union Territories. Recent updates from 2025 highlights include the company’s sustained focus on supporting India’s transition to green fuels through its extensive service offerings to major clients like Indian Oil and GAIL. In late 2025, the company continued to execute a strong order book, which was approximately ₹925 Crores as of December 31, 2025.

For the last quarterly results announced (Q3 FY26 ending December 31, 2025), the company reported a consolidated revenue of ₹111.40 Crores. This represented a modest sequential growth of 8.96% from the ₹102.24 Crores recorded in Q2 FY26, although it was a decline of 10.90% compared to the ₹125.03 Crores in the corresponding quarter of the previous year. Consolidated net profit for Q3 FY26 stood at ₹9.26 Crores, reflecting a sharp decline of 45.75% year-on-year from ₹17.07 Crores in Q3 FY25. Regarding shareholding, as of May 2026, the company remains largely promoter-held at 70.25%, with Foreign Institutional Investors (FIIs) holding a minor 0.1% stake and no significant individual “famous” institutional investors currently listed in the top holdings.