In a significant development aimed at strengthening its order book and affirming its presence in the steel pipe manufacturing sector, Surya Roshni Limited has announced that it has secured a major domestic order worth ₹75.40 crore (inclusive of GST) from Gujarat Gas Limited (GGL). The announcement was made through a regulatory filing on June 24, 2025, at 6:30 P.M., in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This order pertains to the supply of 3LPE Coated ERW Steel Pipes, classified under API SL, X52 grade, and includes various pipe sizes such as 4-inch, 6-inch, 8-inch, and 12-inch diameters with a wall thickness of 6.4 mm. The scope of this project spans across multiple GGL locations, highlighting the geographical diversity and scale of this contract.

As per the filing, this ₹75.40 crore order will be fulfilled within a time frame of 34 weeks, demonstrating Surya Roshni's manufacturing capacity and project execution capability. The deal is also notable because it has been awarded by a domestic Public Sector Undertaking (PSU), further emphasizing the company’s credibility and long-standing relationship with government-linked energy corporations.

This order win comes at a time when the company continues to expand its footprint in the industrial pipe and steel manufacturing segments, capitalising on rising infrastructure and gas pipeline demands within India. The supply of these ERW (Electric Resistance Welded) pipes with 3-layer polyethylene (3LPE) external coating ensures high durability and corrosion resistance, which is critical in gas transmission and distribution networks.

The contract outlines the following technical and commercial details:

• Entity Awarding the Order: Gujarat Gas Limited

• Nature of the Order: Supply of PIPE, CS, ERW, 3LPE, API SL GR. X52

• Pipe Specifications: Diameter sizes of 4", 6", 8", and 12", thickness of 6.4 mm

• Territory of Supply: Across various GGL locations

• Order Value: ₹75.40 crore (inclusive of GST)

• Time Period for Execution: 34 weeks

• Domestic or International: Domestic

• Whether the Promoter Group is Involved: No

• Related Party Transaction: Not applicable

Surya Roshni Limited, listed on both BSE (Scrip Code: 500336) and NSE (Symbol: SURYAROSNI), has consistently demonstrated its capabilities in large-scale industrial supply contracts. The latest win from Gujarat Gas Limited aligns with its strategic intent to grow its pipe manufacturing segment, which caters to sectors like oil & gas, infrastructure, and construction.

The company’s 3LPE-coated steel pipes are known for their superior anti-corrosion properties and mechanical strength, making them ideal for high-pressure pipeline systems. These qualities are increasingly sought after by energy companies looking to expand and secure their gas distribution networks with high-quality materials.

This contract highlights Surya Roshni's technical edge and production reliability, both of which have played a significant role in attracting orders from leading PSUs and infrastructure majors in India. The demand for such pipes has seen a rise due to the government’s continued focus on city gas distribution (CGD), smart city projects, and industrial pipeline infrastructure.

Additionally, this order underscores the ongoing commitment of Gujarat Gas Limited, one of the country’s largest natural gas distribution companies, to enhance its supply network through trusted vendors like Surya Roshni. The long-term relationship between the two entities is a testament to Surya Roshni’s consistent quality, timely delivery, and adherence to technical standards.

For Surya Roshni, this order will likely contribute positively to its revenue in the coming quarters. Given the 34-week execution window, the revenue from this contract may be recognized progressively, enhancing the company’s financial visibility. The order also reinforces investor confidence in the company’s growing project pipeline and execution strength.

This development is not just a milestone in order acquisition, but also a reflection of Surya Roshni’s strong presence in the domestic industrial sector. It is further evidence of its engineering excellence and business integrity, which continues to position the company as a key player in India’s industrial growth story.

To summarize, Surya Roshni Limited’s latest ₹75.40 crore order from Gujarat Gas Limited is a significant boost to its operations and showcases its continued dominance in the pipe manufacturing domain. With a clear timeline, defined specifications, and strong client credentials, this deal will contribute to both top-line growth and industry recognition. Stakeholders, investors, and industry analysts will undoubtedly view this as a positive indicator of the company’s robust order inflow and operational resilience in the financial year 2025-26.

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