Omnitech Engineering Limited has informed the Exchange about Bagging/Receiving of orders/contracts
OMNI · price
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Awaiting price reaction for this filing.
Omnitech Engineering Limited has secured a 5-year Master Purchase Agreement (MPA) with Weatherford Products GmbH, an international oilfield services company. The contract is valued at approximately USD 2.01 million (around INR 184 Crore) per year, totaling roughly INR 920 Crore + GST over the full 5-year tenure. The order is purely international, with no related party involvement, and involves product supply under the MPA framework. The agreement provides long-term revenue visibility for the company, which was incorporated in 2021 and operates in engineering/manufacturing.
This is a sizable export order in hard currency that meaningfully boosts the company's order book and provides multi-year revenue visibility. For a relatively young small-cap company, an INR 184 Crore/year international contract is a strong positive signal that could support stock price momentum and investor confidence.