Silver Touch Technologies has secured a ₹5.12 crore order from Gujarat Urja Vikas Nigam Limited (GUVNL) for comprehensive IT infrastructure management. According to the company's post-market regulatory filing on Friday, the contract covers computer servers, storage systems, SAN switches, tape libraries, and backup architecture for a one-year period. The engagement supports GUVNL's e-Urja platform with a commitment to application uptime at 99% SLA, enhancing services for over a crore consumers. As reported by Business Standard, this engagement positions Silver Touch Technologies as a key technology partner for Gujarat's power sector infrastructure and reflects the company's strategic focus on critical infrastructure reliability.
For the quarter ended June (Q1FY27), Silver Touch Technologies reported consolidated revenue of ₹78.02 crore, registering around 23.45% year-on-year growth. As reported by LiveMint, EBITDA nearly doubled to ₹17.04 crore, up 89% YoY, while the EBITDA margin expanded by around 782 basis points to 22.21%, supported by software-led operating leverage. Profit after tax (PAT) surged 148% YoY to ₹10.0 crore, with the PAT margin improving by around 656 basis points to 13%. The contract represents a significant infrastructure management partnership for the state-level utility, supporting GUVNL's digital transformation initiatives and ensuring reliable IT infrastructure for the state's electricity operations.
Silver Touch Technologies has delivered exceptional returns over the past five years, establishing itself as one of the biggest wealth creators in the Indian stock market. According to LiveMint reports, the stock has risen from ₹18.50 apiece to its latest closing price of ₹152.50, translating into a massive gain of around 725%. The stock delivered positive returns in each of the last five calendar years, with 2022 emerging as the strongest year when it surged 135%, followed by another 100% gain in 2023.
The order win continues Silver Touch Technologies' execution on a marquee government portfolio spanning the Indian Navy, the Ministry of External Affairs, the Airports Authority of India, AIIMS New Delhi, and multiple state e-governance programs. As reported by LiveMint, the company has been engaged by Gujarat Urja Vikas Nigam Limited—the Government of Gujarat's holding company overseeing generation, transmission, and distribution of power across Gujarat—to provide comprehensive management and OEM-authorised support for core IT infrastructure underpinning GUVNL's enterprise systems. The IT services contract will empower GUVNL's e-Urja platform, which serves as the ERP backbone connecting the state's electricity generation, transmission and distribution utilities, supporting the digital transformation of the state's power distribution network.
