Letter of Acceptance (LOA) received from BHARAT PETROLEUM CORPORATION LTD (BPCL) against our offer through Tender for supply of 10 kg Composite LPG Cylinders
SUPREMEIND · price
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Supreme Industries has received a Letter of Acceptance (LOA) from Bharat Petroleum Corporation Ltd (BPCL) for the supply of 2,00,000 numbers of 10 kg Composite LPG Cylinders. The total contract value is approximately Rs. 54 crores. The supply is to be completed within 6 months from the LOA date, with BPCL holding the option to extend the contract for an additional 6 months at its sole discretion. The order is from a domestic government-owned PSU and there is no related-party interest involved.
This is a positive order win from a reputed government PSU, but at Rs. 54 crores it represents less than 1% of Supreme Industries' annual revenue, so the immediate impact on overall financials is modest. It reinforces the company's presence in the composite cylinder segment and could support incremental revenue visibility over the next 6–12 months if the extension option is exercised.