BMW Industries Limited, a prominent name in India’s steel processing sector, has announced a major win: a ₹364.69 crore contract from Tata Steel Limited for the conversion of hot rolled (HR) coils into tubes. This order, valid until October 31, 2027, will be executed across two of BMW’s plants — the Hazibagan facility in Howrah, operated by BMW Industries, and the Jamshedpur unit, run by its wholly owned subsidiary BMW Iron & Steel Industries Limited.

The breakdown of the order reveals ₹188.60 crore allocated to BMW Industries and ₹176.09 crore to BMW Iron & Steel, emphasizing the group’s integrated approach to value-added steel processing.

The company stated that the orders will be fulfilled using existing infrastructure, a strategic move aimed at maximizing asset utilization while ensuring operational efficiency. These contracts fall under BMW Industries' core business activities, reinforcing a steady revenue stream as part of their long-term client servicing plan with Tata Steel.

According to Harsh Bansal, Managing Director of BMW Industries, “Tata Steel is a benchmark for quality, innovation, and sustainability in the steel sector. Their continued trust in our services reflects our strong execution capabilities, quality standards, and infrastructure.”

Bansal also noted a separate milestone achieved recently—a renewal of the company’s CRM complex contract with Tata Steel until 2029, valued at ₹1,764 crore. This further underlines the company’s growing credibility as a preferred processing partner for major steel players.

“This new work order, combined with our CRM renewal, strengthens our order book and ensures long-term revenue visibility,” Bansal added. “Our continued focus is on core competencies, capacity optimization, and growth in response to evolving market demand.”

Strategic Expansion: Bokaro Greenfield Project

Apart from the latest Tata Steel order, BMW Industries is simultaneously progressing on its ₹803.47 crore Greenfield Downstream Steel Complex in Bokaro. This upcoming facility aims to manufacture high-grade specialty steel, such as coated and Al-Zn coated (Galvalume) products, targeting both domestic and international markets.

The Bokaro project forms a key pillar in BMW’s expansion strategy, as the company positions itself in the value-added steel market with a future-forward outlook. This diversification allows BMW to capitalize on rising demand from construction, infrastructure, automotive, and appliance manufacturing sectors.

About the Order Terms

As disclosed to stock exchanges under Regulation 30 of SEBI’s Listing Obligations, the contract includes the slitting and conversion of Tata Steel’s HR coils into tubes. Both orders are domestic in nature, and the awarding party—Tata Steel Limited—shares no promoter or related-party connections with BMW Industries. The work order is in the ordinary course of business and is expected to positively contribute to BMW’s revenue during its tenure.

These consistent orders from Tata Steel not only reinforce BMW’s role as a reliable processing partner, but also indicate a stable long-term operational roadmap for the company as it aligns itself with India’s infrastructure and industrial growth story.

About BMW Industries Limited

BMW Industries Limited, founded in 1981, is one of India’s leading steel service companies. It specializes in manufacturing HRPO coils, CR coils, GP coils, GC sheets, MS and GI pipes, and TMT rebars. The company’s primary operations are in West Bengal and Jharkhand, with major clients including Tata Steel and SAIL (with whom BMW also has a joint venture in Bokaro).

BMW’s strategic advantage lies in its processing expertise, supply chain reliability, and geographic positioning close to India’s major steel belts. Its investments in advanced manufacturing and expansion projects are expected to scale its capacity and strengthen its presence in the high-value segment of the steel industry.

As of FY25, BMW Industries is not only consolidating its traditional processing strengths but also moving into higher-margin segments through technology-driven product innovation, thereby catering to the growing demands of both domestic and global markets.

Forward Outlook

With a strong order pipeline and capital investments in capacity expansion, BMW Industries aims to continue delivering reliable, timely, and quality-driven services to its clients. The Tata Steel order, extending through FY27, reinforces the company’s strategy to build sustainable, long-term partnerships while maintaining its operational efficiency and profitability.

For stakeholders, this announcement signals growth momentum, financial resilience, and execution reliability, reaffirming BMW Industries' positioning as a leading player in India’s evolving steel sector.

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