Omnitech Engineering Secures USD 201 Million Five-Year Contract from Weatherford

1 min read     Updated on 11 Mar 2026, 04:40 PM
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Overview

Omnitech Engineering Limited announced a major five-year Master Purchase Agreement with Weatherford Products GmbH worth USD 201.04 million annually, totaling approximately INR 920 crore plus GST. The international contract, disclosed under SEBI regulations, establishes a long-term partnership for product orders and positions the company for sustained revenue growth over the five-year period.

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Omnitech Engineering Limited has announced a major contract win through a Master Purchase Agreement (MPA) with Weatherford Products GmbH, significantly expanding the scope from earlier reports. The company filed a regulatory disclosure under SEBI Listing Regulations, revealing comprehensive details of this substantial international partnership.

Contract Specifications

The Master Purchase Agreement represents a comprehensive five-year engagement with Weatherford Products GmbH, an international entity. The contract structure provides for annual orders under the framework agreement, establishing a long-term business relationship between the two companies.

Contract Parameter: Details
Total Contract Value: USD 201.04 million
Annual Value: USD 201.04 million per year
Duration: 5 years
Client: Weatherford Products GmbH
Contract Type: Master Purchase Agreement
Entity Type: International

Financial Impact

The agreement carries substantial financial implications for Omnitech Engineering Limited. The contract value of approximately USD 201.04 million plus GST per year translates to roughly INR 184 crore annually, totaling approximately INR 920 crore plus GST over the five-year period.

Financial Breakdown: Amount
Annual USD Value: USD 201.04 million + GST
Annual INR Equivalent: INR 184 crore
Total 5-Year Value: INR 920 crore + GST
Payment Structure: Annual basis

Regulatory Compliance

Omnitech Engineering Limited filed the disclosure on March 11, 2026, in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations. The company confirmed that no promoter or group companies have any interest in Weatherford Products GmbH, and the contract does not constitute a related party transaction.

The agreement focuses on product orders under the Master Purchase Agreement framework, providing Omnitech Engineering with a structured approach to fulfill international orders over the extended five-year timeline. This partnership positions the company for sustained revenue growth through its established relationship with Weatherford Products GmbH.

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