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Latest filing: 2026-10-12 16:33
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Note: These are AI-generated, educational summaries of public NSE
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5 announcements match the current filters (relevance ≥ 5).
ITCONS E-Solutions Wins ₹2.36 Cr Defence Ministry Manpower Contract
ITCONS E-Solutions Ltd has secured a domestic contract worth ₹2.36 Cr (inclusive of taxes and duties) from the Office of DG (MSS), Department of Defence Research & Development, Ministry of Defence. The contract entails deploying 41 resources for manpower outsourcing services over a period of one year, starting November 1, 2026, through October 31, 2027. Relative to the company's TTM revenue of ₹144 Cr, the contract represents approximately 1.6% of annual turnover.
Confidence: HIGH
What changedITCONS E-Solutions bagged a 1-year government manpower outsourcing contract from the Ministry of Defence.
Why it mattersWhile modest in size (~1.6% of TTM revenue), the contract expands the company's presence and track record in government defense-sector staffing.
Contract value: ₹2,35,61,232.07Resources deployed: 41Tenure: 1 yearContract vs TTM revenue: ~1.6%
📅 Short termModest positive sentiment driver, though revenue impact is small relative to the overall ₹144 Cr TTM base.
📈 Long termLimited direct financial impact, but builds reference credentials for bidding on larger public sector and defense staffing mandates.
⚠ Risk flags
- Fixed-term 1-year contract subject to renewal
- Public sector client receivable collection cycles
Key Highlights
Total contract value of ₹23,561,232.07 (₹2.36 Cr) inclusive of taxes and duties
Scope involves deploying 41 resources for manpower outsourcing services
Contract duration is 1 year, from November 01, 2026 to October 31, 2027
Awarded by Department of Defence Research & Development, Ministry of Defence
👀 What to Watch
Track execution commencement starting November 1, 2026, and watch for gross margin contributions from government staffing contracts in upcoming semi-annual/quarterly disclosures.
ITCONS E-Solutions Wins ₹3.03 Cr Manpower Outsourcing Contract from RGNIYD
ITCONS E-Solutions Limited has secured a domestic manpower outsourcing contract valued at ₹3.03 crore (inclusive of taxes) from the Rajiv Gandhi National Institute of Youth Development (RGNIYD). The contract spans one year, commencing October 12, 2026, and ending October 11, 2027, requiring the deployment of 79 resources. Relative to the company's TTM revenue of ₹144 crore, this contract represents approximately 2.1% of annual top-line turnover.
Confidence: HIGH
What changedITCONS E-Solutions bagged a new 1-year government outsourcing contract to supply 79 personnel worth ₹3.03 crore.
Why it mattersAdds steady government-backed revenue visibility amounting to ~2.1% of its TTM turnover of ₹144 crore, supporting its core manpower outsourcing business.
Order value: INR 30307724.19Resources deployed: 79 resourcesOrder vs TTM revenue: ~2.1%Contract duration: 1 year
📅 Short termExecution begins October 12, 2026, with revenue recognition starting to reflect in the second half of FY27.
📈 Long termLimited; this is an incremental addition to existing operations without materially altering the company's long-term scale.
⚠ Risk flags
- Fixed-term contract (1 year) subject to extension
- Low operating margin profile typical of staffing and manpower services (TTM OPM 6.5%)
Key Highlights
Order value of INR 30,307,724.19 (inclusive of taxes and duties)
Contract involves deploying 79 resources for manpower outsourcing services
One-year tenure starting October 12, 2026, through October 11, 2027
Awarded by Rajiv Gandhi National Institute of Youth Development (Ministry of Youth Affairs and Sports)
👀 What to Watch
Track quarterly revenue execution and operating margins starting Q3 FY27 to assess contract ramp-up and billing efficiency.
ITCONS E-Solutions Bags Rs 1.05 Cr Defence Contract from Indian Army
ITCONS E-Solutions has secured a new domestic contract valued at Rs 1.05 Cr (inclusive of taxes and duties) from the Indian Army, Department of Military Affairs, Ministry of Defence. Under the agreement, the company will provide manpower outsourcing services consisting of 28 resources for a period of one year. The contract commences on October 10, 2026, and runs through September 07, 2027. While a reputable client win, the order size is modest, representing under 1% of the company's TTM revenue of Rs 144 Cr.
Confidence: HIGH
What changedITCONS E-Solutions was awarded a 1-year manpower outsourcing contract by the Indian Army.
Why it mattersAdds a prestigious government client credential, though financial impact is limited as the contract represents ~0.73% of annual TTM revenue.
Order value: INR 10526224.27Order vs TTM revenue: ~0.73%Deployed resources: 28 resourcesContract tenure: One (1) year
📅 Short termOperational execution begins October 10, 2026; minor positive sentiment from defence client onboarding, but limited immediate revenue impact.
📈 Long termLimited financial impact due to small deal size, though it strengthens the company's profile for public sector and defence staffing bids.
⚠ Risk flags
- Small contract size relative to revenue base
- Fixed-term contract risk if not extended post-September 2027
Key Highlights
Secured contract valued at INR 10,526,224.27 inclusive of taxes and duties
Scope involves deploying 28 resources for manpower outsourcing services
Awarded by the Indian Army, Department of Military Affairs, Ministry of Defence
Contract duration is 1 year, from October 10, 2026 to September 07, 2027
👀 What to Watch
Track the on-time deployment of resources starting October 10, 2026, and observe whether this credential helps secure larger Ministry of Defence contracts in upcoming quarters.
ITCONS E-Solutions Wins ₹6.94 Cr UPPTCL Contract Over 2 Years
ITCONS E-Solutions Limited has secured a domestic manpower outsourcing contract worth ₹6.94 crore (inclusive of taxes) from UP Power Transmission Corporation Limited (UP State Load Dispatch Centre). The agreement requires deploying 114 resources over a two-year execution window from October 01, 2026 to September 30, 2028. The total contract value represents approximately 4.8% of the company's TTM revenue of ₹144 crore, translating to about ₹3.47 crore annualized. The counterparty is a domestic state government entity, and the transaction involves no related-party interest.
Confidence: HIGH
What changedITCONS E-Solutions bagged a new 2-year contract to deploy 114 resources for UP Power Transmission Corporation Limited.
Why it mattersAdds ₹6.94 crore in top-line visibility over two years (~₹3.47 crore annually), reinforcing ITCONS's public-sector service footprint.
Total contract value: INR 69400954.24Resources deployed: 114 resourcesTenure: 2 yearContract value vs TTM revenue: ~4.8%
📅 Short termProvides incremental revenue visibility with project billing kicking off from October 01, 2026.
📈 Long termLimited; while it strengthens public sector client engagement, the annualized size is relatively modest compared to TTM revenue.
⚠ Risk flags
- Execution and billing delays typically associated with state government/PSU clients
- Margin dilution risks if resource wage costs fluctuate over the 2-year tenure
Key Highlights
Contract value of INR 69,400,954.24 (₹6.94 crore) inclusive of all taxes and duties
Deployment of 114 resources for manpower outsourcing services
Execution timeline of 2 years from October 01, 2026 to September 30, 2028
Awarded by domestic entity UP Power Transmission Corporation Limited
👀 What to Watch
Track execution commencement from October 01, 2026 and monitor subsequent quarterly revenue realization to assess operating margins on government outsourcing contracts.
ITCONS E-Solutions Secures Rs 13.68 Cr Contract from South Western Railway
ITCONS E-Solutions has won a domestic contract valued at Rs 13.68 Cr (inclusive of all taxes and duties) from South Western Railway, Ministry of Railways. The contract entails deploying 153 resources for manpower outsourcing services over a period of 2 years from August 21, 2026, to August 21, 2028. The total contract value represents approximately 9.5% of the company's TTM revenue of Rs 144 Cr (~4.75% annualized).
Confidence: HIGH
What changedITCONS secured a 2-year government order worth Rs 13.68 Cr from South Western Railway for 153 outsourced personnel.
Why it mattersProvides steady revenue visibility of approximately Rs 6.84 Cr annually over the next two years and strengthens the company's track record with Indian Railways.
Total contract value: INR 136808080.63Contract duration: 2 yearResources to deploy: 153Order value vs TTM revenue: ~9.5%
📅 Short termPositive sentiment driver as the company adds another public-sector client to its order book.
📈 Long termEnhances revenue predictability for FY27 and FY28, supporting sustained growth in the staffing/outsourcing vertical.
⚠ Risk flags
- Execution and billing delays typically associated with public sector contracts
- Low margin profile typical of pure manpower outsourcing contracts
Key Highlights
Contract value stands at Rs 13,68,08,080.63 inclusive of all taxes and duties
Scope covers deployment of 153 resources for manpower outsourcing services
Execution timeline spans 2 years from August 21, 2026 to August 21, 2028
Client is South Western Railway, Indian Railways, Ministry of Railways
👀 What to Watch
Track execution milestones and revenue recognition from Q2/Q3 FY27 onwards, alongside margin performance in the manpower outsourcing segment.