NewsGayatri Rubbers & Chemicals Secures Maiden ₹1.29 Crore KSRTC Purchase Order for EPDM Rubber GlazingGayatri Rubbers & Chemicals Secures Maiden ₹1.29 Crore KSRTC Purchase Order for EPDM Rubber Glazing
Gayatri Rubbers & Chemicals Limited secured a maiden ₹1.29 crore domestic purchase order from KSRTC for high-grade Rubber Glazing EPDM, formally disclosed under SEBI Regulation 30 on May 8, 2026. The order, to be executed within one month with targeted completion by May 27, 2026, marks the company's entry into the state-run public transport supply chain. The Faridabad-based manufacturer operates two plants, with Plant 1 running at ~80% utilisation across Industrial, Architectural, Automotive, and Railways segments.
*this image is generated using AI for illustrative purposes only.
Gayatri Rubbers & Chemicals Limited has secured a maiden purchase order from the Karnataka State Road Transport Corporation (KSRTC), marking a significant milestone in the Faridabad-based rubber manufacturer's expansion into the state-run public transport segment. Disclosed under SEBI Regulation 30 on May 8, 2026, the order is valued at ₹1.29 crore and covers the supply of high-grade Rubber Glazing EPDM — a critical material used for sealing and insulation in public transport vehicles such as buses. The company has also been formally onboarded as an official vendor within the KSRTC supply chain, extending its footprint beyond its established railway and industrial rubber verticals.
Order and Supply Details
The following table outlines the key parameters of the KSRTC purchase order as disclosed under SEBI Regulation 30:
| Parameter: | Details |
|---|---|
| Client: | Karnataka State Road Transport Corporation (KSRTC) |
| Order Value: | ₹1.29 crore |
| Product: | Rubber Glazing EPDM |
| Nature of Order: | Maiden order |
| Application: | Sealing and insulation in public transport buses |
| Order Terms: | Standard industry terms & conditions |
| Entity Type: | Domestic |
| Promoter/Related Party Interest: | No |
| Supply Commencement: | Within one month |
| Targeted Completion: | May 27, 2026 |
The agreement formalises Gayatri Rubbers & Chemicals as an official supplier within the KSRTC supply chain, extending the company's footprint beyond its established railway and industrial rubber verticals into the public transport sector.
Manufacturing Capabilities
The company operates two manufacturing facilities in Faridabad. The first plant has a capacity of 200MT and is currently operating at 160MT, reflecting approximately 80% utilisation. This facility produces specialised rubber components across four sectors — Industrial, Architectural, Automotive, and Railways. The second plant is dedicated exclusively to two niche and specialised rubber products for Indian Railways, namely UIC Vestibules and Decoupling Rubber.
| Facility: | Details |
|---|---|
| Plant 1 Capacity: | 200MT |
| Plant 1 Current Output: | 160MT |
| Plant 1 Utilisation: | ~80% |
| Plant 1 Sectors Served: | Industrial, Architectural, Automotive, Railways |
| Plant 2 Products: | UIC Vestibules, Decoupling Rubber (Indian Railways) |
Management Commentary
Commenting on the development, Mr. Shilp Chotai, Managing Director of Gayatri Rubbers & Chemicals, stated: "Becoming an official vendor for a prestigious organization like KSRTC is a proud moment for all of us at GRCL. This order of ₹1.29 crore for EPDM rubber glazing is not just a commercial success; it is a formal validation of our technical capabilities and our commitment to 'Safety through Innovation'."
Mr. Chotai further noted that the Faridabad facility, currently operating at an 80% utilisation rate, has the capacity to fulfil the order efficiently while maintaining standards for durability and precision. He added that the company views this collaboration as a significant step in strengthening its footprint within the state transport segment.
About Gayatri Rubbers & Chemicals
Incorporated in 2022 and headquartered in Faridabad, Haryana, Gayatri Rubbers & Chemicals Limited is a specialised manufacturer and trader of high-quality rubber products serving as critical components for railway, industrial, automobile, and architectural applications. The company's product portfolio includes:
- EPDM rubber profiles
- Neoprene rubber
- Sponge rubber
- Automobile rubber profiles
The company operates under the brands "GOYAL" and "Elements India" and has undertaken capacity expansion to meet growing demand across its served sectors.
Historical Stock Returns for Gayatri Rubbers & Chemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.88% | +26.79% | +49.80% | +37.85% | +18.83% | +1,359.86% |
Could the KSRTC vendor onboarding serve as a reference to win contracts with other state road transport corporations like MSRTC, TSRTC, or DTC, and what is the company's strategy for scaling in the public transport segment?
Given that Plant 1 is already at 80% utilisation, will Gayatri Rubbers need to invest in capacity expansion to sustain growth if repeat or larger KSRTC orders materialise?
How might the company's relatively recent incorporation in 2022 affect its ability to compete for larger government tenders that typically require longer track records or higher turnover thresholds?
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