Siyaram Recycling lands ₹2.64 cr brass scrap order
The nano-cap recycler secured a contract from Saanvi Metal Craft that represents 3.4% of its market value, with delivery due in one week.
— 2 earlier stories on Siyaram Recycling Industries Ltd. →What's new
- Siyaram Recycling won a ₹2.64 cr order to supply brass scrap honey.
- The contract requires full execution within seven days.
- The order accounts for 3.4% of the company's ₹77 cr market capitalization.
Why this matters
For a company with a market cap of just ₹77 cr, a single order worth 3.4% of its equity is material. Saanvi Metal Craft is a domestic trading entity, but the seven-day turnaround provides immediate cash flow for a firm currently dealing with earnings volatility.
What we're watching
- Whether the company can maintain this pace of order flow.
- Impact of this contract on the next quarterly earnings report.
- Any further orders from the same counterparty.
The full read
Siyaram Recycling Industries has secured a ₹2.64 crore order from Saanvi Metal Craft for the supply of brass scrap honey. The contract is a fixed-price deal with a rapid seven-day execution window.
It is a material win.
With a market capitalization of only ₹77 crore, this single order represents 3.4% of the company's total equity value, providing immediate revenue visibility for a firm currently working through a period of reduced earnings while ensuring the cash impact is felt within the current quarter.
Questions answered
- What is the nature of the contract?
- It is a fixed-price supply deal for brass scrap honey. The company must complete delivery within seven days.
- How significant is this order relative to the company's size?
- The order is worth ₹2.64 crore, which is 3.4% of Siyaram's ₹77 crore market capitalization. This exceeds the 1% materiality threshold for a company of this scale.
- Who is the counterparty?
- The order comes from Saanvi Metal Craft. It is a domestic trading entity.
Story so far
All notes on SIYARAM →- 22 May 2026 · 10:50 AM IST Siyaram Recycling lands ₹2.64 cr brass scrap order
- 1d ago Siyaram Recycling lands ₹1.97 cr order from Anurag Impex
- 3d ago Mukul Agrawal nears total exit from Siyaram Recycling