Shree Marutinandan lands ₹76L fire-fighting order from POWERGRID project
The third work order in a month strengthens order book visibility for the nano-cap firm; delivery by December 2026.
— 4 earlier stories on Shree Marutinandan Tubes Ltd. →What's new
- Order from Mehta & Associates for fire fighting at POWERGRID Kurnool transmission project
- Scope includes design, supply, erection and commissioning of hydrant, detection and spray systems
- Third order in a month after ₹2.24 cr Arvind group order and ₹42.5L Acline order
Why this matters
At 3.3% of market cap, the order is materially significant for a ₹23 cr nano-cap. The streak of three orders in a month suggests steady niche demand in infrastructure fire protection.
What we're watching
- Whether this leads to more POWERGRID contracts
- Pace of new order announcements in coming weeks
- Execution and revenue impact in FY27 given Dec 2026 delivery
The full read
Shree Marutinandan Tubes has secured a ₹76 lakh work order from Mehta & Associates for fire fighting installations at a POWERGRID transmission project in Andhra Pradesh. The contract covers design, supply, erection and commissioning of hydrant, detection and water spray systems. At 3.3% of its ₹23 cr market cap, the order is quantitatively material for the nano-cap. This is the third fire-fighting order in a month, following a ₹2.24 cr order from Arvind group and a ₹42.5 lakh order from Acline Projects. Delivery is scheduled for December 2026, giving nearly two years to execute. The streak suggests steady niche demand in fire protection for infrastructure.
Questions answered
- How significant is this order relative to company size?
- The ₹76 lakh order is 3.3% of the ₹23 cr market cap, making it quantitatively material for a nano-cap.
- Is this a related-party transaction?
- No. The filing confirms no promoter or related-party interest involved.
- What is the delivery timeline?
- Delivery is scheduled for December 30, 2026.
- How does this compare to recent orders?
- This is the third fire-fighting order announced in about a month. Earlier in June, the company won a ₹2.24 cr order from Arvind group and a ₹42.5 lakh order from Acline Projects.
- What is the company's core business?
- Shree Marutinandan Tubes is primarily a trading company. Fire protection contracts add order book visibility but are a small part of revenue.
Shree Marutinandan Tubes Ltd.
Latest quarter · Mar 2026
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Story so far
All notes on SHREE →- 24 Jun 2026 · 10:54 AM IST Shree Marutinandan lands ₹76L fire-fighting order from POWERGRID project
- 1d ago Shree Marutinandan lands ₹2.24 cr order from Arvind group company
- 14d ago Shree Marutinandan wins ₹42.5L fire-fighting order in Jammu & Kashmir
- 28d ago Shree Marutinandan Tubes reports 31% revenue growth for FY2026
- 28d ago Shree Marutinandan Tubes reports growth but clashes with its auditor