Agarwal Industrial Corporation Secures ₹218.59 Crore Bulk Bitumen Supply Contract from BPCL

1 min read     Updated on 02 Feb 2026, 03:48 PM
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Reviewed by
Ashish TScanX News Team
Overview

Agarwal Industrial Corporation Limited has been awarded a major tender by BPCL worth ₹218.59 crores for supplying 42,800 MT of bulk bitumen (VG-30 & VG-40 grades) to Kakinada and Mangalore locations. The contract runs from January 23, 2026, to January 22, 2027, with Kakinada receiving 32,000 MT (₹166.68 crores) and Mangalore 10,800 MT (₹51.91 crores). This domestic contract strengthens the company's position in the bitumen supply chain and its relationship with BPCL.

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*this image is generated using AI for illustrative purposes only.

Agarwal Industrial Corporation Limited has secured a prestigious tender award from Bharat Petroleum Corporation Limited (BPCL), one of India's leading public sector undertakings. The contract, valued at approximately ₹218.59 crores, involves the supply of bulk bitumen to strategic locations across the country.

Contract Details and Specifications

The tender encompasses the supply of bulk bitumen in VG-30 and VG-40 grades to two key locations. The contract specifications are structured as follows:

Location: Quantity (MT) Estimated Value (₹ Crores)
Kakinada: 32,000 166.68
Mangalore: 10,800 51.91
Total: 42,800 218.59

The total quantity of approximately 42,800 metric tonnes represents a substantial supply commitment, with the pricing based on current market rates.

Execution Timeline and Terms

The supply operations are scheduled to commence on January 23, 2026, and conclude by January 22, 2027, providing a full year execution window. The contract will be executed on a contractual basis, following domestic supply norms and regulations.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI Listing Regulations, providing comprehensive details about the contract terms. Key regulatory aspects include:

  • The contract is with a domestic entity (BPCL)
  • No promoter or group company interest exists in the awarding entity
  • The transaction does not fall under related party transactions
  • Commercial viability has been confirmed for the contract size

Strategic Significance

This tender award underscores Agarwal Industrial Corporation's growing presence and reliability in the bitumen supply chain. The contract strengthens the company's long-standing relationship with BPCL and positions it as a key supplier in the petroleum products distribution network. The successful bid demonstrates the company's capability to handle large-scale supply operations across multiple geographic locations.

The award represents a significant business milestone, providing substantial revenue visibility for the company during the contract period. The execution will be carried out in accordance with the respective tender terms and conditions, ensuring compliance with all operational and quality standards.

Historical Stock Returns for Agarwal Industrial Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
-13.02%-13.79%-12.22%-35.97%-38.51%+303.49%
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Agarwal Industrial Corporation Secures Two Major Orders Worth ₹220 Crore

0 min read     Updated on 02 Feb 2026, 11:27 AM
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Reviewed by
Shriram SScanX News Team
Overview

Agarwal Industrial Corporation has secured two major orders totaling ₹220 crore, representing a significant business achievement. This development adds substantial value to the company's order book and demonstrates strong market demand for its industrial solutions.

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*this image is generated using AI for illustrative purposes only.

Agarwal Industrial Corporation has successfully secured two major orders with a combined value of ₹220 crore, marking a significant milestone in the company's business development efforts.

Order Details

The agarwal industrial corporation has announced the acquisition of these substantial contracts, which represent a notable addition to its existing order book.

Parameter: Details
Total Order Value: ₹220 crore
Number of Orders: Two orders
Business Impact: Major order book addition

Business Implications

The successful acquisition of these orders demonstrates the company's competitive positioning in the industrial sector and reflects strong market confidence in its capabilities. These contracts are expected to contribute significantly to the company's revenue pipeline and operational activities.

The ₹220 crore order value represents a substantial business opportunity for Agarwal Industrial Corporation, potentially enhancing its financial performance and market presence in the industrial segment.

Historical Stock Returns for Agarwal Industrial Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
-13.02%-13.79%-12.22%-35.97%-38.51%+303.49%
Agarwal Industrial Corporation
View Company Insights
View All News
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1 Year Returns:-38.51%