LIKHITHA
Likhitha Infrastructure financials
- Market cap
- ₹856 Cr
- Sector
- Construction
What Likhitha Infrastructure Limited does
Likhitha Infrastructure lays City Gas Distribution (CGD) and Cross-Country Pipeline (CCP) networks — steel and MDPE pipelines, last-mile connections and CNG stations — for oil & gas majors and city gas licensees. It also runs Operation & Maintenance (O&M) services for pipeline networks, covering skilled manpower deployment, emergency repairs and scheduled maintenance, and builds tankage/fuel-depot infrastructure such as storage tanks and Combined Station Works (CSW). Projects span 20 states and 2 Union Territories within India, and the company has expanded overseas through a joint venture in Saudi Arabia and a registered branch office in Abu Dhabi (UAE).
Segments
- City Gas Distribution (CGD)
- Cross Country Pipeline (CCP)
- Operation & Maintenance (O&M)
- Tankage
- Cumulative pipeline projects executed
- 6,000+ km
- Employees
- 887
- Pan-India presence
- 20 states & 2 Union Territories
- International presence
- JV in Saudi Arabia + branch office in Abu Dhabi (UAE)
- Major oil & gas / city gas clients
- 15+ (incl. IOCL, ONGC, HPCL, BPCL, GAIL, IGL)
- Business segments
- 4 (CGD, CCP, O&M, Tankage)
Quarterly results
Q1 FY27: revenue down 30.5%, net profit down 47.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 133 | 125 | 136 | 122 | 102 −23% | 111 −11% | 121 −11% | 85 −31% |
| EBITDA | 24 | 24 | 24 | 19 | 17 −31% | 14 −43% | 7 −70% | 11 −43% |
| Net profit | 18 | 17 | 18 | 14 | 12 −34% | 9 −46% | 4 −77% | 7 −47% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −12.7% 1Y
1Y: ₹248.62 on 10 Sept 2025 → ₹217.07. High ₹270.48 (29 Jun 2026), low ₹133.15 (23 Mar 2026).
Financials, as filed
Revenue grew 7.3% a year over 3 years, FY23 to FY26. Operating margin narrowed to 12.4%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹369 Cr | ₹422 Cr | ₹519 Cr | ₹457 Cr |
| Operating profit | ₹80 Cr | ₹94 Cr | ₹97 Cr | ₹57 Cr |
| Operating margin | 21.7% | 22.2% | 18.6% | 12.4% |
| Interest | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Depreciation | ₹5 Cr | ₹8 Cr | ₹7 Cr | ₹7 Cr |
| Net profit | ₹60 Cr | ₹65 Cr | ₹69 Cr | ₹39 Cr |
| Net margin | 16.3% | 15.5% | 13.3% | 8.4% |
| Cash from operations | ₹31 Cr | ₹21 Cr | ₹2 Cr | ₹-5 Cr |
| Free cash flow | ₹23 Cr | ₹7 Cr | ₹-1 Cr | ₹-12 Cr |
| ROCE | 37.0% | 32.0% | 28.0% | 14.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr |
| Reserves | ₹134 Cr | ₹173 Cr | ₹230 Cr | ₹290 Cr | ₹379 Cr | ₹392 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr |
| Other liabilities | ₹15 Cr | ₹24 Cr | ₹46 Cr | ₹41 Cr | ₹51 Cr | ₹50 Cr |
| Total liabilities | ₹169 Cr | ₹216 Cr | ₹296 Cr | ₹350 Cr | ₹451 Cr | ₹463 Cr |
| Fixed assets | ₹12 Cr | ₹18 Cr | ₹22 Cr | ₹28 Cr | ₹23 Cr | ₹25 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹56 Cr | ₹39 Cr | ₹0 Cr | ₹0 Cr | ₹6 Cr | ₹0 Cr |
| Other assets | ₹101 Cr | ₹159 Cr | ₹274 Cr | ₹322 Cr | ₹422 Cr | ₹438 Cr |
| Total assets | ₹169 Cr | ₹216 Cr | ₹296 Cr | ₹350 Cr | ₹451 Cr | ₹463 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 15% to 49,860.
- Promoters
- 70.3%
- FIIs
- 0.1%
- Public
- 29.6%
Since Jun 2025
- FIIs −0.02 pp
- Public +0.02 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 70.0%, FIIs 0.7%, Public 29.3%.Dec '23: Promoters 70.0%, FIIs 0.1%, Public 29.9%.Mar '24: Promoters 70.0%, FIIs 0.2%, Public 29.8%.Jun '24: Promoters 70.0%, FIIs 0.2%, Public 29.8%.Sep '24: Promoters 70.0%, FIIs 1.0%, Public 29.0%.Dec '24: Promoters 70.0%, FIIs 1.1%, Public 28.9%.Mar '25: Promoters 70.3%, FIIs 0.9%, Public 28.8%.Jun '25: Promoters 70.3%, FIIs 0.1%, Public 29.6%.Sep '25: Promoters 70.3%, FIIs 0.1%, Public 29.6%.Dec '25: Promoters 70.3%, FIIs 0.2%, Public 29.5%.Mar '26: Promoters 70.3%, FIIs 0.1%, Public 29.6%.Jun '26: Promoters 70.3%, FIIs 0.1%, Public 29.6%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Likhitha Infrastructure Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Srinivasa Rao Gaddipati | 68.38% | unchanged |
| Sri Lakshmi Gaddipati | 1.85% | unchanged |
| Likhitha Gaddipati | 0.01% | unchanged |
| Chandra Dheerajram Huf | 0.01% | unchanged |
| Ravi Shankar Chandra | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Likhitha Infrastructure Limited
Guides on how to read this kind of business and the numbers that matter.