Intimation under Regulation 30 SEBI (LODR) Regulations, 2015 - Receipt of new order/contract
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Awaiting price reaction for this filing.
Systematic Industries Ltd has secured new orders worth a combined INR 43 million (approximately INR 4.3 crore). From Power Grid Corporation of India Ltd (PGCIL), the company received an OPGW supply cum installation developmental order worth INR 18.8 million, marking its entry into the EPC tendering business, plus an INR 4.1 million OPGW supply order for a 132kV transmission line tied to a Hydro Power Project in Nepal. Separately, East Central Railway awarded the company its first railway order worth INR 20.1 million for the supply of 24-Fibre Armoured Optical Fibre Cables meeting RDSO specifications. Execution timelines run through September–December 2026. Management stated these wins strengthen revenue visibility for FY26 and beyond and open up new segments in railways, power utilities, and telecom infrastructure.
Positive medium-term signal as the company diversifies into government-backed infrastructure segments (power transmission and railways) and enters the EPC tendering space. However, the order size is small in absolute terms, so immediate impact on stock price or financials is likely limited.