United Heat Transfer secures Rs 1 crore order from Siemens Energy

1 min read     Updated on 03 Jun 2026, 09:04 AM
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Reviewed by
Suketu GScanX News Team
AI Summary

United Heat Transfer has received a purchase order worth Rs 1 crore from Siemens Energy Industrial Turbomachinery India Private Limited for manufacturing pressure vessels. The domestic order, valued at Rs 1,00,00,000 excluding tax, is scheduled for delivery in two lots on October 20 and November 20, 2026. The transaction is not a related party transaction.

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United Heat Transfer has secured a purchase order worth ₹1 crore from Siemens Energy Industrial Turbomachinery India Private Limited for the manufacturing and supply of pressure vessels. The order, valued at approximately ₹1,00,00,000 excluding tax, is intended for supply at the company's domestic plant. This development strengthens the company's order book within the domestic market.

The order was intimated to the National Stock Exchange of India Ltd. on June 02, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in compliance with specific SEBI circulars dated July 13, 2023, and November 11, 2024. The Board of Directors of United Heat Transfer confirmed the receipt of the order.

Order Details

The purchase order entails the manufacturing and supply of pressure vessels to a domestic client. Siemens Energy Industrial Turbomachinery India Private Limited is the entity awarding the contract. The company confirmed that the promoter, promoter group, or group companies do not hold any interest in the entity awarding the order, and the transaction does not qualify as a related party transaction.

Execution Schedule

The order stipulates a specific timeline for execution. The first lot of materials is scheduled for delivery on October 20, 2026, while the second lot is to be delivered on November 20, 2026. The entire scope of work is domestic, with no international components involved in this specific contract.

Payment Terms

The agreement outlines structured payment terms linked to project milestones. The terms are as follows:

Milestone Payment Percentage Conditions
Advance 20% Against submission of ABG of same amount valid till supply + 3 months of claim period.
Readiness 70% Along with 100% taxes & duties against readiness of material before final shipment.
Completion 10% Against submission of final dossier & submission of PBG of equivalent amount valid till warranty period.
Credit Period - All payments are net of 30 days.

The disclosure was signed by Yogesh Vishwanath Patil, Chairman & Managing Director of United Heat Transfer Limited.

Historical Stock Returns for United Heat Transfer

1 Day5 Days1 Month6 Months1 Year5 Years
+1.00%+60.97%+81.36%+35.75%+52.09%+42.22%

How will this order impact United Heat Transfer's revenue projections for the current fiscal year?

Does this contract signal a potential for larger future collaborations with Siemens Energy?

What is the company's strategy to expand its order book beyond the domestic market?

United Heat Transfer wins Rs 30.08 lakh order from Ingersoll-Rand

1 min read     Updated on 20 May 2026, 10:16 AM
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Reviewed by
Jubin VScanX News Team
AI Summary

United Heat Transfer Limited secured a domestic purchase order from Ingersoll-Rand (India) Limited worth ₹30,08,000 for manufacturing and supplying heat exchangers. The order is to be delivered between September 2026 and January 2027, with payment terms set at net 45 days.

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united heat transfer has announced the receipt of a purchase order from Ingersoll-Rand (India) Limited for the manufacturing and supply of heat exchangers. The order, valued at approximately ₹30,08,000 excluding tax, is scheduled for execution at the company's domestic plant. The intimation was made to the National Stock Exchange of India Ltd. on May 19, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details

The purchase order entails the manufacturing and supply of heat exchangers to a domestic client. The transaction has been classified as a domestic order and is not a related party transaction. The company confirmed that neither the promoters nor the promoter group has any interest in the entity awarding the order.

Delivery Schedule

The execution of the order is to be completed according to a specific delivery timeline. The schedule for the supply of items is as follows:

Delivery Date Items
09 September 2026 Items 684, 685, and 687
09 October 2026 Items 686 and 688
20 October 2026 Items 689 and 690
01 January 2027 Items 677, 678, and 679

Financial and Commercial Terms

The broad consideration for the contract stands at approximately ₹30,08,000, excluding taxes. The significant terms and conditions outlined in the order specify that the payment terms are net 45 days. This order represents a new business engagement for United Heat Transfer Limited, contributing to its order book for the financial year.

Historical Stock Returns for United Heat Transfer

1 Day5 Days1 Month6 Months1 Year5 Years
+1.00%+60.97%+81.36%+35.75%+52.09%+42.22%

Could this order from Ingersoll-Rand (India) Limited signal the beginning of a longer-term supply relationship, and what is the potential for repeat or larger orders in subsequent financial years?

How does this ₹30,08,000 order compare to United Heat Transfer's typical order sizes, and what does it indicate about the company's overall order book growth trajectory for FY2026-27?

Given the staggered delivery schedule extending into January 2027, how might supply chain disruptions or raw material price fluctuations impact United Heat Transfer's margins on this contract?

More News on United Heat Transfer

1 Year Returns:+52.09%