Anawil Wire & Engineering wins Rs 133.98 crore order from FDRE for wind turbine towers
- Anawil Wire & Engineering secured a Rs 133.98 crore order from FDRE wind project.
- The contract covers supply of 38 wind turbine towers for an Andhra Pradesh project.
- Execution is scheduled for completion by Q4 FY27.
- This is the only disclosed order in the last three fiscal quarters.
- Trailing twelve-month revenue remains at Rs 0.0 crore.
*this image is generated using AI for illustrative purposes only.
WHAT HAPPENED
Anawil Wire & Engineering has won a confirmed work order valued at Rs 133.98 crore from the FDRE wind project. The contract involves supplying 38 wind turbine towers for a project in Andhra Pradesh, with completion expected by Q4 FY27.
ORDER IN FINANCIAL CONTEXT
This is a Type A confirmed order, indicated by the issuance of a work order for specific deliverables. The Rs 133.98 crore value represents a significant inflow, especially given that the company’s average quarterly revenue over the trailing period was Rs 0.0 crore. Consequently, the book-to-bill ratio cannot be calculated as TTM revenue is zero. The total disclosed order book stands at Rs 133.98 crore (sum of the 1 order disclosed across the last 3 fiscal quarters shown in the table below). This single order represents the entire current backlog, providing immediate but concentrated revenue visibility for the coming quarters.
COMPANY ORDER TRACK RECORD
The company has disclosed only one order in the last three fiscal quarters, indicating a restart in order inflow after a period of no disclosures. The current order size is consistent with this singular data point, establishing a new baseline for order velocity.
| Quarter | Total Order Inflow (Rs Cr) | Key Awarding Entities |
|---|---|---|
| Q2FY27 (Jul-Sep 2026) | 133.98 | FDRE wind project |
EXECUTION AND REVENUE QUALITY
The company reported zero revenue, net profit, and operating profit margin in the most recent available quarterly data. This suggests that existing backlogs from prior periods have either been fully executed or were not generating billable revenue during the tracking window. The new order will need to convert into recognized revenue to reverse this trend.
WORKING CAPITAL AND EXECUTION CAPACITY
Balance sheet and cashflow data are not provided in the input to assess liquidity or working capital capacity. Subsequent filings should be monitored for details on advance payments or credit terms associated with this large order to gauge execution risk.
WHAT TO WATCH
- Execution timeline: Completion is scheduled for Q4 FY27; monitor quarterly revenue recognition to ensure steady conversion.
- Revenue recognition: As a confirmed order, watch for initial billing triggers and progress payments.
- Client concentration: The entire disclosed order book of Rs 133.98 crore comes from a single entity (FDRE wind project), creating high client concentration risk.
- Margin quality: Historical OPM data is unavailable for comparison; actual margins on this wind tower supply contract will set the benchmark for future profitability.
KEY OBSERVATIONS
- Contract structure: This is a confirmed work order. Revenue recognition begins upon execution milestones, unlike LNTP orders which require formal contracts first.
- Client concentration: The sole disclosed order comes from the FDRE wind project, accounting for 100% of the current order book.
- Backlog signal: Book-to-bill is undefined due to zero TTM revenue. The single order creates a high concentration risk in the backlog.
Historical Stock Returns for Anawil Wire & Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +12.47% | +12.08% | +7.90% | +78.67% | +78.67% | +78.67% |
15
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
