Siyaram Recycling bags ₹1.13 cr order, a big deal for a tiny company
The fixed-price brass scrap contract is due in seven days. At 1.48% of its market cap, it clears the materiality threshold.
— 2 earlier stories on Siyaram Recycling Industries Ltd. →What's new
- Siyaram Recycling won a ₹1.13 crore order from Anurag Impex for brass scrap honey.
- The contract is fixed-price and must be delivered within seven days.
- The order value is 1.48% of the company's ₹76 crore market capitalization.
Why this matters
This is a material short-term cash event. The seven-day execution window means the ₹1.13 crore should hit the books almost immediately, which is significant for a company with a ₹76 crore market cap. The order clears the 1% materiality threshold for nano-caps, forcing a public disclosure.
What we're watching
- Whether the Anurag Impex relationship generates repeat business at this scale.
- The pace of similar small-ticket wins from other domestic traders.
- How this revenue flows into current-quarter numbers.
The full read
Siyaram Recycling Industries, a nano-cap metals recycler, won a ₹1.13 crore order from Anurag Impex for brass scrap honey. The contract is fixed-price and due in seven days. For a company with a ₹76 crore market cap, this single order equals 1.48% of its entire market value. That's material. The fast execution means the revenue should be booked in the current quarter, boosting near-term cash flows. It's a concrete, if small, win. The company's business runs on these quick-turn deals from repeat domestic traders. The open question is whether the ticket size grows.
Questions answered
- Why does a ₹1.13 crore order require a stock exchange filing?
- For a company with a ₹76 crore market capitalization, the order represents 1.48% of its market value. That clears the materiality threshold for nano-cap entities, making a disclosure mandatory.
- What are the contract's key terms?
- It is a fixed-price deal to supply brass scrap honey. The entire order must be fulfilled within seven days, providing near-immediate revenue recognition.
- Is Anurag Impex a significant counterparty?
- The filing describes it as a domestic trading entity. The order fits Siyaram's established pattern of securing small, quick-turn contracts rather than a large, transformative deal.
Story so far
All notes on SIYARAM →- 9 Jun 2026 · 12:44 PM IST Siyaram Recycling bags ₹1.13 cr order, a big deal for a tiny company
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