Order Details
The company has secured three domestic supply orders totaling approximately ₹35 crore for acids and industrial chemicals from reputable corporate customers. The orders break down as follows:
- Order 1: Solar Group of Industries - ₹12 crore for supply of acids/industrial chemicals (company's core business)
- Order 2: Sai Baba Polymer Technologies (P) Ltd - ₹11 crore for supply of acids/industrial chemicals (company's core business)
- Order 3: Mahadhan Agritech Limited - ₹12 crore for supply of acids/industrial chemicals (company's core business)
All orders are domestic, awarded by unrelated third parties in the ordinary course of business on arm's length basis, and do not involve government entities or related parties.
Execution Timeline
All three orders are scheduled for execution in June 2026.
Customer Significance
The orders come from well-established corporate houses across explosives, manufacturing, and fertilizer sectors. Specifically mentioned are:
- Solar Industries India Limited (foremost name in industrial explosives and defense sector)
- Mahadhan Agritech Limited (wholly-owned subsidiary of Deepak Fertilizers and Petrochemicals Corporation Limited)
- Sai Baba Polymer Technologies (P) Ltd
Business Impact
The orders meaningfully strengthen the company's order book and enhance revenue visibility for forthcoming periods. The management views these developments positively and believes they reinforce growth momentum within the core chemical trading and supply business.
Important Note
The order values stated are approximate/indicative and may vary based on actual quantities lifted/supplied and final commercial terms agreed between parties.