Siyaram Recycling lands ₹81.66 lakh Supreme Industries order
The fixed-price supply contract must be executed within seven days. It follows a ₹5.99 crore order last month, deepening ties between the nano-cap and the large plastics maker.
— 9 earlier stories on Siyaram Recycling Industries Ltd. →What's new
- Siyaram Recycling wins ₹81.66 lakh order from Supreme Industries for CPVC female inserts.
- Fixed-price domestic contract with seven-day execution.
- Follows a ₹5.99 crore Supreme order in June; marks repeat business.
Why this matters
For a nano-cap with declining annual earnings, repeat orders from a reputed buyer like Supreme Industries lend credibility and add near-term revenue. While modest in absolute size, the deepening relationship is a positive signal.
What we're watching
- Whether Supreme Industries places further orders this fiscal.
- Impact of the two orders on Q1 or Q2 revenue.
- Any follow-on orders from other large industrial buyers.
The full read
Siyaram Recycling Industries has locked in another order from The Supreme Industries Limited — ₹81.66 lakh for female inserts used in CPVC and plumbing systems. The fixed-price contract must ship within seven days. It follows a ₹5.99 crore order last month, the fourth win in June alone. Repeat business from a well-known buyer like Supreme is a constructive signal for the nano-cap, even if the absolute size is modest at ~1% of market cap. The two Supreme orders together signal a deepening relationship. But for a company with trailing sales of ₹150 crore, the near-term revenue lift is marginal. The real value lies in the recurring validation. One order is an event. Two is a pattern.
Questions answered
- How significant is this order relative to Siyaram's market cap?
- The order value of ₹81.66 lakh is about 1% of Siyaram's ₹77 crore market cap, just crossing the materiality threshold for nano-cap firms.
- How does this order compare to the previous Supreme order?
- This order is much smaller than the ₹5.99 crore contract secured last month. Combined, they represent roughly 8% of market cap, but the repeat business is notable.
- What is the execution timeline and pricing risk?
- The contract is fixed-price and must be delivered within seven days. There is no price escalation clause, so any input cost volatility is borne by Siyaram.
- What does this order imply for Siyaram's earnings?
- The order adds near-term revenue but is small relative to annual sales of ₹150 crore. Its direct impact on net profit is limited, but it supports order visibility.
- Who is Supreme Industries and why does the counterparty matter?
- Supreme Industries is a large Indian plastics manufacturer. Repeat orders from a creditworthy buyer reduce billing risk and signal trust in Siyaram's product quality.
Siyaram Recycling Industries Ltd.
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All notes on SIYARAM →- 1 Jul 2026 · 11:13 AM IST Siyaram Recycling lands ₹81.66 lakh Supreme Industries order
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