3i Infotech lands ₹4.83 cr OPaL facility deal
Three-year contract for IT asset management. Small, but adds to order book for the struggling ₹700-cr-revenue firm.
— 5 earlier stories on 3I Infotech Ltd. →What's new
- 3i Infotech won a ₹4.83 crore facility management and AMC contract from ONGC Petro additions.
- The three-year deal covers servers, networks, security, and communication systems.
- Disclosure was voluntary as the order falls below regulatory materiality thresholds.
Why this matters
A modest win for a company with trailing revenue down 6% and PAT down 73%. Broadens client exposure to a large PSU-backed entity, but too small to move near-term earnings. The value of signalling matters more than the cash.
What we're watching
- Whether 3i Infotech converts more mid-sized contracts into recurring revenue.
- The trajectory of subsidiary losses and overall financial health.
- Any further voluntary disclosures hinting at deal momentum.
The full read
3i Infotech added another client to its managed services roster. It won a ₹4.83 crore contract from ONGC Petro additions (OPaL) to run facility management and AMC for its IT infrastructure: servers, storage, networks, and security. The three-year deal runs from August 2026 to July 2029. The disclosure is voluntary — the amount didn't hit the regulatory materiality bar. That's consistent with a company that has been publicizing deal wins; in the past month it announced a ₹45.85 crore UAE automation order and a ₹33.6 crore repeat UAE contract. This OPaL deal is small, about ₹4.83 crore spread over three years, but it checks a box for client diversification into a large PSU-backed entity. For a firm with trailing revenue down 6% and PAT down 73%, every confirmation that the sales machine is turning matters. Just don't look for it in the next quarter's profit line.
Questions answered
- How big is this order relative to 3i Infotech's revenue?
- The ₹4.83 crore order is modest — less than 1% of annual revenue (~₹700 crore). It adds to the order book but isn't material for earnings.
- Why did 3i Infotech voluntarily disclose a small contract?
- The company chose to disclose even though the value is below the regulatory threshold, likely to signal continued deal activity and client confidence.
- What services does the contract cover?
- It covers Facility Management Services and Annual Maintenance Contract for IT assets including end-user devices, servers, storage, network, security, and communication systems.
- Is this a new engagement or a renewal?
- The analyst rationale describes it as a new engagement with a prominent PSU-backed entity, though prior relationship with OPaL is not specified.
- How does this compare with 3i Infotech's recent order wins?
- This is the third announced order in recent weeks — far smaller than the ₹45.85 crore UAE automation order and ₹33.6 crore UAE deal, but still a positive addition.
3I Infotech Ltd.
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All notes on 3IINFOLTD →- 25 Jul 2026 · 9:39 PM IST 3i Infotech lands ₹4.83 cr OPaL facility deal
- 18d ago 3i Infotech lands ₹45.85 cr UAE automation order
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- 34d ago 3i Infotech lands ₹33.6 cr UAE order, its second big win this month
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