Shayona Engineering has secured a new order valued at Rs 35.4 lakh for industrial piping solutions. The disclosure was made to the exchange on September 30, 2026.

What Happened

The company reported a significant order from a domestic customer. The scope of work includes the supply of industrial piping solutions as per agreed specifications and delivery schedule. Payment terms specify a period of 30 days. Delivery terms are as discussed with Mr. Jaydatt Shah, with freight and packing charges extra. The destination for the supply is Vadodara, Gujarat. Other terms and conditions are as mutually agreed between the parties. The order value is inclusive of tax. This transaction is not a related-party transaction, and no promoter interest has been disclosed.

The awarding entity name is withheld due to contractual confidentiality obligations. This follows a series of recent orders from domestic customers, including a Rs 19.76 lakh order for industrial piping solutions disclosed on September 29, 2026.

Order In Financial Context

This new order contributes to the Q2FY27 (Jul-Sep 2026) order inflow. As per the updated pre-computed summary, the total order inflow for Q2FY27 stands at Rs 277.36 crore across 13 orders. Trailing 12-month consolidated revenue and profit data are not available in the provided context, so a book-to-bill ratio cannot be computed.

Company Order Track Record

The table below uses pre-computed quarterly totals as disclosed. Q2FY27 now reflects 13 orders with a total inflow of Rs 277.36 crore. Q1FY27 recorded 9 orders totalling Rs 215.09 crore. All orders across both quarters have been sourced from domestic entities, several of which have withheld their names under contractual confidentiality obligations.

Order History (Last 23 Orders)

Execution And Revenue Quality

Quarterly revenue, net profit, and operating profit margin data are not available in the provided fundamental context. Historical annual data shows revenue growth of 51.6% in FY25, 21.0% in FY24, and 175.7% in FY23 on a standalone basis.

Key Observations

• Valuation context (as of 30 Sep 2026): Stock P/E of 13.3x against a reported ROCE of 19.18% for FY26 and ROE of 15.17% for FY26.
• Order activity: The company has disclosed 23 significant orders over the last three fiscal quarters, all from domestic entities.
• Confidentiality: A majority of awarding entities across Q2FY27 and Q1FY27 have withheld their names under contractual non-disclosure obligations.
• SME classification: Shayona Engineering is classified as an SME with a market capitalisation of Rs 53.90 crore as of 30 Sep 2026.

Shayona Engineering has closed its trading window for designated persons and their immediate relatives effective October 1, 2026. The closure will remain in force until 48 hours after the declaration of the company's un-audited financial results for the half year ended September 30, 2026.

This action is taken pursuant to the company's Code of Fair Disclosure and the SEBI (Prohibition of Insider Trading) Regulations, 2015. The move ensures compliance with internal procedures for regulating and monitoring trading by designated persons during sensitive periods.

Board meeting date to be intimated

The company stated that the specific date of the board meeting for the review and approval of the un-audited financial results for the half year ended September 30, 2026, will be communicated in due course. The filing was signed by Bhumi Mehta, Company Secretary, on September 26, 2026.