Receipt of New order from M/s. Apothecon Pharmaceuticals Private Limited of Rs. 15.41 Cr.
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Conart Engineers Ltd has received a work order from Apothecon Pharmaceuticals Private Limited for civil construction work of LVAPI-6 Services at PO Dabhasa, Padra, Dist. Vadodara, Gujarat. The approximate value of the project is Rs. 15.41 Crores (excluding GST). The order is to be executed within 12 months of the Purchase Order, which was received on 26th May 2026. This is a domestic order from a non-related party, with standard construction industry terms and conditions. The final value may vary depending on changes in layout plans or any extra work required.
This new order represents a significant contract win for Conart Engineers in the pharmaceutical infrastructure segment. The Rs. 15.41 crore order could contribute meaningfully to the company's revenue pipeline for FY2026-27, though the exact impact depends on the company's existing order book and execution capacity.