EXPO ENGINEERING AND PROJECTS

Fabricates storage tanks and process plant equipment for industrial customers in India. Work covers new-build fabrication, conversion of existing tanks, and maintenance and inspection of crude-oil and petroleum storage tanks. Products named in recent orders include Floating Roof Crude Oil Storage Tanks, Aluminium Geodesic Dome Roof Tanks, Cast House Deducting Ducts (200 MT supplied to an L&T-led steel project), carbon-steel fabricated fittings, and hopper units. Customers are mainly large oil-and-gas PSUs and corporates — ONGC, Indian Oil Corporation (Durgapur and Haldia), Reliance Industries (Jamnagar) and Larsen & Toubro — with stated end-use sectors of oil and gas, petrochemicals, green hydrogen and steel. The business is order-driven: FY26 revenue was Rs 68.2255 crore against an order book of Rs 93.53 crore at March 31, 2026. Material inputs (27.8% of revenue) and other operating expenses (51.1%) dominate the cost stack, while employee cost is 15.4% of revenue. Management has flagged plans to move into exotic-metal fabrication (titanium, nickel) and to bid for higher-value tenders. A proposed merger with Expo Project Engineering Services Private Limited is pending NCLT approval.