Icon Facilitators Ltd got a new technical services contract worth over 11 million rupees
FY – FY
Buy · 85% Confidence
Symbol
544426
Company
Icon Facilitators Ltd
Category
New Order
Source
Stock Exchange Filing
Contract Value
Rs. 1,11,92,647
Contract Duration
365 days
Number of Locations
2
Related Party Transaction
No
News Summary
Icon Facilitators Ltd received a new contract for providing technical services at two locations in Gurugram.
The client for this work is Cushman & Wakefield Property Management Services India Private Limited.
The deal is valued at 11.19 million rupees and must be finished within one year.
Why This Matters
This new contract brings in fresh revenue for the company.
It shows that the business is finding steady work in the property management sector.
Investors should know this helps improve the company's cash flow soon.
Fundamental Backdrop (FY – FY )
Metric
Value
Total Contract Value
Rs. 1,11,92,647
Contract Duration
365 days
Client
Cushman & Wakefield Property Management Services India Private Limited
Work Location
Elan Epic and Elan Town Centre, Gurugram
Analyst's View
This suggests the company has secured a reliable client for the coming year.
The company appears to be expanding its operational footprint in Gurugram.
Investors may want to watch how this project impacts future earnings.
Buy
Confidence 85%
Conviction Level85%
The company secured a significant new contract which boosts future revenue without any risk of related party deals.
Key Positives
The contract value of over 11 million rupees provides a clear revenue stream.
The project duration of one year ensures steady income for the business.
The deal is with a well-known international property management firm.
Key Risks
The project must be completed within one year to meet the deadline.
Delays in technical services could lead to penalties or unhappy clients.
HorizonMedium term
Confidence LevelHigh
Suggested position size: Add to holdings
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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.