Expo Gas Containers Secures ₹261 Million Order from BPCL, Boosting Growth Prospects
Updated: May 30, 2025 12:01
Image Source: Crunchbase
Expo Gas Containers Ltd has received a work order worth ₹261 million from Bharat Petroleum Corporation Ltd (BPCL), marking a significant milestone in its engineering and manufacturing operations. The order is expected to strengthen the company’s revenue pipeline and enhance its market positioning in the industrial equipment sector.
Key Highlights
Major Contract Win: Expo Gas Containers secured a ₹261 million order from BPCL’s Mahul, Mumbai Refinery, reinforcing its presence in the oil and gas infrastructure segment.
Execution Timeline: The contract is set to be completed within three years, aligning with BPCL’s expansion and modernization plans.
Financial Impact: The order adds to Expo Gas Containers’ strong Q4 order book, which stood at ₹888.4 million as of March 2025.
Previous Contracts: Earlier, the company had bagged a ₹372.2 million order from BPCL for storage tank construction at Paradeep Installation.
Stock Performance: Following the announcement, Expo Gas Containers’ share price surged 4%, hitting ₹51.95 per share, reflecting investor optimism.
Long-Term Growth: The company has delivered multibagger returns, rallying 350% in two years and 2,280% in five years, showcasing strong business fundamentals.
Expo Gas Containers continues to expand its footprint in heavy engineering, leveraging strategic contracts and industry partnerships to drive growth.