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

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