Pursuant to Regulation 30 of the SEBI (Listing Obligation & Disclosures Requirement) Regulations, 2015, Please find attached herewith press release for receipt of new order.
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Karbonsteel Engineering has won two domestic orders aggregating ₹51.96 crore for manufacturing and supply of MS painted fabricated structures from a leading domestic infrastructure and engineering company, with execution targeted by May 31, 2026. With these orders, the company's total confirmed order book has risen to approximately ₹320 crore, exceeding its FY25 revenue of ₹273 crore and providing strong execution visibility. Management is also actively bidding on a near-term pipeline of ₹100–200 crore across domestic infrastructure, railways, and industrial segments, while exploring export opportunities. Capacity expansion at the Umbergaon facility from 30,000 MT to 54,000 MT per annum is on track to commence from March 2026, and the company is currently operating at around 90% capacity utilisation. Management has guided for 30–40% revenue growth in FY27, supported by capacity expansion and improving operating leverage.
Positive for shareholders — the new orders meaningfully expand the order book beyond FY25 revenue base, strengthening revenue visibility, while capacity expansion and management's FY27 growth guidance of 30–40% signal potential earnings upside ahead.