Announcement under Regulation 30 (LODR)-for receipt of Purchase order
Price
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Awaiting price reaction for this filing.
Olatech Solutions has secured a purchase order valued at approximately ₹44.99 crore from a reputed domestic client in the Telecommunications sector. The contract is a turnkey project for supply, installation, testing, and commissioning of IT infrastructure, bundled with 10 years of Annual Maintenance Contract (AMC) and Operations & Maintenance (O&M) services. Roughly 50% of the order value (about ₹22.5 crore) will be billed in FY2025-26, while the balance will be billed gradually over the 10-year service period. The supply and installation phase has a 6-month timeline, after which the long-term maintenance component begins. The order is from a domestic entity and is not a related party transaction, with no promoter group interest involved.
This is a meaningful order win that strengthens the company's near-term revenue in FY2025-26 and creates a long-duration recurring income stream over 10 years. Positive for the order book and growth visibility, though investors should watch execution timelines and client concentration risk given reliance on a single buyer.