Trade Info : 3i Infotech wins a new three-year IT services deal worth 37 crores from HPCL

Symbol

3IINFOLTD

Company

3i Infotech Ltd

Category

New Order

Source

Stock Exchange Filing

Contract Value

37.05 Crores

Contract Duration

3 Years

Client Type

Domestic

Filing Date

June 10, 2026

News Summary

3i Infotech received a new purchase order on June 9, 2026 from Hindustan Petroleum Corporation Limited.
The company will provide IT facility management services across HPCL locations for three years.
The total value of this contract is approximately 37.05 crores exclusive of taxes.

Why This Matters

This new contract adds significant revenue to the company for the next three years.
It shows strong demand for their IT services from a major fuel company.
Investors should see this as a stable income stream for the business.

Fundamental Backdrop (FY – FY 2026)

Metric	Value
Contract Value	37.05 Crores
Contract Duration	3 Years
Client	Hindustan Petroleum Corporation Limited
Service Type	IT Facility Management

Analyst's View

This suggests the company is successfully expanding its client base in the energy sector.
The company appears to have a strong track record in facility management services.
Investors may want to watch for more similar large orders in the future.

Buy

Confidence 85%

Conviction Level 85%

This new order provides steady revenue and shows the company is winning contracts from major clients.

Key Positives

The company secured a large three-year contract worth 37 crores.
Hindustan Petroleum is a well-known and stable client.
The deal covers multiple locations across India for long-term work.

Key Risks

The company delayed filing this news, which could cause some concern.
IT service contracts can be affected by technology changes over time.
Economic downturns might reduce spending on facility management services.

HorizonMedium term

Confidence LevelHigh

Suggested position size: Increase position moderately

⚠️

Disclaimer This analysis is for informational purposes only and does not constitute financial advice. Do your own research and consult a qualified financial professional before making any investment decisions.