East India Drums & Barrels Secures Rs. 1.06 Crore Contract from BPCL for Metallic Drums Supply
East India Drums & Barrels Manufacturing Limited has secured a Rs. 1,06,00,000 contract from Bharat Petroleum Corporation Limited for supplying metallic drums and barrels to Mumbai Refinery, Mahul. The company highlighted that this order strengthens its relationship with BPCL and reinforces its position as a trusted supplier in India's energy infrastructure sector.

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East india drums & barrels mfg. has announced securing a significant contract from Bharat Petroleum Corporation Limited (BPCL) for the supply of metallic drums and barrels. The company received a Letter of Acceptance from BPCL's Petroleum House, marking another milestone in its business relationship with the state-owned oil refiner.
Contract Details
The contract encompasses the supply of metallic drums and barrels to BPCL's operations, with specific delivery requirements outlined for the Mumbai Refinery facility.
| Parameter: | Details |
|---|---|
| Contract Value: | Rs. 1,06,00,000 (Rupees One Crore Six Lakh only) |
| Client: | Bharat Petroleum Corporation Limited |
| Delivery Location: | Mumbai Refinery, Mahul, India |
| Product Type: | Metallic drums/barrels |
Strategic Significance
The company emphasized that this contract award holds strategic importance for multiple reasons. Management noted that the order further strengthens the long-standing relationship between East India Drums & Barrels Manufacturing Limited and Bharat Petroleum Corporation Limited. The contract also reinforces the company's position as a trusted supplier in the energy sector.
According to the company's disclosure, the contract reflects several key strengths:
- Manufacturing capabilities to meet PSU requirements
- Strict adherence to quality standards
- Continued commitment to supporting India's energy infrastructure
- Dedication to meeting industrial requirements
Company Profile
East India Drums & Barrels Manufacturing Limited, formerly known as Precision Containeurs Limited, operates as an ISO certified company holding certifications for ISO 9001:2015, 14001:2015, and 45001:2018. The company maintains its registered office in Mumbai and specializes in manufacturing containment solutions for various industrial applications.
Regulatory Compliance
The contract announcement was made in compliance with regulatory requirements. The company filed this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency for stakeholders and maintaining proper corporate governance standards.
Historical Stock Returns for Precision Metaliks
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.85% | +13.79% | -1.79% | -55.41% | -67.71% | -88.42% |
Will this BPCL contract success help East India Drums secure similar deals with other major PSU oil companies like IOCL and HPCL?
How might the government's push for energy transition and renewable fuels impact future demand for traditional metallic drums and barrels?
Could this contract lead to East India Drums expanding its manufacturing capacity or establishing facilities closer to other BPCL refineries?
































