Polycab Sparks a New Flame with ₹28 Mn Specialty Order to Vikas Ecotech

Image Source : IPO Watch

Vikas Ecotech Ltd has secured a fresh order worth INR 28 million from Polycab India Ltd for its fireretardant specialty materials, reinforcing its position in the highperformance polymer segment.

Key highlights:

The order will be serviced in Q2 FY202526, contributing to the company’s specialty compounds revenue stream.
Materials supplied are tailored for enhanced fire safety applications, aligning with Polycab’s premium cable and wire offerings.

Strategic significance:

This deal strengthens Vikas Ecotech’s relationship with a marquee client in the electricals sector.
It reflects growing demand for advanced polymer solutions amid tightening safety norms and infrastructure upgrades.

Growth outlook:

The company anticipates further traction in the specialty chemicals vertical, with cumulative orders expected to support its INR 1000 million revenue target for the fiscal year.
Continued innovation in compound formulations is expected to unlock new market segments.

Sources: Rediff MoneyWiz, Trade Brains, Vikas Ecotech Ltd Regulatory Filing