Domestic Order Win (Supply Contract)
Arfin India Secures ₹85.59 Cr Order from Dakshin Gujarat Vij Company
NSE
ARFIN
BSE
539151
Arfin India Limited has received a Master Letter of Acceptance from Dakshin Gujarat Vij Company Limited (DGVCL) for the supply of AAAC Conductors. The order, valued at approximately ₹85.59 crore, strengthens the company’s order book in the power transmission segment.
PRICE-SENSITIVE TRIGGER
Event: Receipt of order from DGVCL
Type: Domestic Order Win (Supply Contract)
Impact: Positive
Immediate Effect: Enhance revenue visibility over the next 7 months

Client
Dakshina Gujarat Vij Company Ltd (Govt. of Gujarat Undertaking)
Quantity
20,400 KM
Execution Period
May 2026 – November 2026
(7 months)
Order Value
₹85.59 crore (inclusive of GST)
Product
AAAC Conductors
What Happened ?
Arfin India has received a Master Letter of Acceptance from Dakshin Gujarat Vij Company Limited for the supply of AAAC conductors.
The contract involves supply of a total quantity of 20,400 KM, to be executed over a period of seven months with scheduled monthly deliveries.
Contract Scope & Details
- Supply of AAAC conductors
- Monthly execution schedule
- Pricing subject to market rate variations
Insight: Exposure to commodity-linked pricing may impact margins
Management commentary
- Order strengthens presence in conductor supply segment
- Association with state utility enhances credibility
- Consistent execution required to maintain margins
Risk Analysis
Key Risks
- Raw material price volatility (aluminium)
- Margin fluctuation due to variable pricing clause
- Execution timelines over short duration
- Dependence on government utility orders
Worst Case Scenario
Rising input costs reduce profitability despite order execution
Risk Level: Medium
Official Exchange Filing: Arfin India Limited