Swastika Infra Secures ₹615.76 Crore MSEDCL Order

Key Quantitative Figures

• Order value: ₹615.76 crore
• FY26 revenue: ₹504 crores (order represents 1.2x revenue)
• Recent IPO equity fund raise: ~₹130 crores
• Unexecuted order book post-win: ~₹1,400 crores
• Previous unexecuted order book (March 2026): ₹687 crores

Project Details

• Client: Maharashtra State Electricity Distribution Company Limited (MSEDCL)
• Project location: Bhandup Zone, Mumbai, Maharashtra
• Funding source: Asian Development Bank (ADB)
• Scope includes: Development of new substations, HT/LT lines, distribution transformers, augmentation of existing infrastructure, underground cabling, renovation works, GIS mapping, asset tagging and other allied works

Strategic Significance

• Largest single order in company's history
• Marks entry into Maharashtra market
• Expands geographical presence to 9 states
• Strengthens credentials for larger and more complex projects
• Doubles unexecuted order book from March to October 2026

Company Background

Swastika Infra Limited is a Power Transmission & Distribution EPC company headquartered in Jaipur, Rajasthan, providing end-to-end turnkey solutions across substations, underground cabling, transmission and distribution lines, electrification and allied infrastructure.

Additional Information

The information will be made available on the Company's website at https://swastikainfra.com/