Siyaram Recycling Industries Secures New Orders Worth ₹29 Million

The company continues its strong momentum in the metal recycling sector, securing fixed-cost contracts for brass-based products to be executed within the week.

GANDHINAGAR – Siyaram Recycling Industries Ltd, a specialist in brass scrap recycling and manufacturing, has secured a fresh set of domestic orders valued at approximately ₹29 million (₹2.9 crore). This latest development underscores the company's sustained operational activity and demand for its recycled metal products in the current fiscal year.

Expanding Order Book

The newly announced orders, which align with the company's recent series of contract wins, involve the supply of brass scrap and related components to various domestic customers. According to regulatory filings, these contracts are fixed-price agreements, with the company committed to fulfilling delivery schedules within a seven-day window.

This order intake is part of a broader trend for Siyaram Recycling Industries, which has frequently notified the stock exchanges of similar high-frequency, short-execution contracts throughout June and July 2026. The company’s business model focuses on the segregation of brass scrap and the subsequent manufacturing of brass ingots, billets, rods, and plumbing components, catering to both domestic and international markets.

Operational Context

Siyaram Recycling Industries has been aggressively securing short-term contracts to maintain cash flow and production utilization. Market analysts note that these frequent, smaller-sized orders provide the company with consistent revenue visibility, even as the broader metal recycling sector faces fluctuating raw material costs.

The company, which transitioned from its origins as Siyaram Impex Private Limited, remains a key player in the non-ferrous metal recycling space. By focusing on rapid turnaround times for its brass-based products, the firm continues to capture demand from various industrial sectors, including sanitary fittings and plumbing manufacturers.

Official Sources

The information regarding the order awards is based on formal disclosures made by Siyaram Recycling Industries Ltd to the BSE (Bombay Stock Exchange) pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Investors and stakeholders can access these filings through the official BSE India portal under the company's ticker (Scrip Code: 544047).

Quote Section

According to company filings, these contracts are entered into on a fixed-cost basis and do not constitute related-party transactions. The company clarified that none of the promoters or promoter group members hold any interest in the entities awarding these contracts.

Why It Matters

For investors and supply chain partners, this continued stream of orders serves as an indicator of robust demand for recycled brass. The rapid execution cycle—typically within 7 to 15 days—helps the company manage working capital effectively, though the reliance on short-term contracts necessitates constant order inflow to maintain growth momentum.

Key Facts at a Glance

• Order Value: Approximately ₹29 million.

• Core Products: Brass scrap honey, brass ingots, billets, and plumbing components.

• Execution Timeline: Fixed-cost contracts scheduled for completion within one week.

• Industry Focus: Non-ferrous metal recycling and manufacturing.

FAQ Section

What is the nature of the orders secured by Siyaram Recycling? The company primarily secures fixed-price orders for the supply of processed brass scrap, ingots, and plumbing components.

How long does the company take to execute these orders? Most contracts secured by Siyaram Recycling are short-term, with execution periods typically ranging from 7 to 15 days.

Are these orders related-party transactions? No, the company has clarified in its regulatory filings that these contracts are arms-length transactions with no promoter interest in the awarding entities.

Source: BSE India (Company Filings), Siyaram Recycling Industries Ltd Announcements