Synopsis:
A recently listed industrial services stock rose after announcing a three-year manpower services agreement with Deepak Phenolics Limited, valued at approximately Rs. 9.64 crore.
A newly listed industrial services stock, Repono Ltd, gained momentum after its stock touched a high of Rs. 82.50, reflecting investor optimism around its maiden contract wins and growth prospects. The stock debuted on August 4, 2025, and has shown early traction as the market prices in its operational capabilities and strategic partnerships.
Repono Limited, with a market cap of Rs. 84.80 crore, opened at Rs. 79, hitting a high of Rs. 82.50 from its previous close of Rs. 79, marking an intraday increase of approximately 4.43 percent.
What’s the News?
Repono Ltd, has signed a three-year manpower services agreement with Deepak Phenolics Limited (DPL). Under this engagement, Repono will supply skilled, semi-skilled, and unskilled manpower to support tank farm operations at DPL’s Dahej facility, one of India’s largest integrated chemical complexes.
The contract is valued at Rs. 3 crore for FY 2025-26, with an annual 7 percent escalation, taking the total value over three years to approximately Rs. 9.64 crore. The agreement runs until July 31, 2028, covering critical loading and unloading of tankers, warehousing support, and allied operational services.
Strategically, this contract strengthens Repono’s foothold in the chemical logistics segment and highlights its ability to diversify into high-growth verticals while leveraging its safety-first practices, compliance systems, and specialized workforce management.
The engagement underscores the company’s capacity to deliver uninterrupted material handling for high-volume production units, building on its established expertise in oil and petrochemical operations.
Also Read: Defence stock in focus after signing agreement with Kalyani Strategic Systems for supply of howitzer barrels
Management Commentary
Commenting on the development Mr. Dibyendu Deepak, Managing Director of Repono Limited said, “Partnering with Deepak Phenolics Limited on this long-term engagement is a significant step for us.
The Dahej facility plays an important role in India’s chemical manufacturing landscape, and supporting its tank farm operations reflects the trust placed in Repono’s capabilities. This association strengthens our presence in the chemical sector and reinforces our commitment to delivering reliable and efficient manpower solutions. With every new partnership, we move closer to our vision of becoming the preferred partner for mission-critical industrial services across the country.”
Financial Snapshot – Year Ended 2025
Repono reported a significant increase across key financial metrics in FY25 compared to FY24. Sales rose from Rs. 34.01 crore to Rs. 51.09 crore, a growth of 50.2 percent. Operating profit improved from Rs. 6.05 crore to Rs. 8.17 crore, up 35.1 percent. PBT increased from Rs. 5.80 crore to Rs. 7.22 crore, a rise of 24.5 percent, while net profit grew from Rs. 4.18 crore to Rs. 5.15 crore, up 23.2 percent.
On the balance sheet, borrowings rose from Rs. 3.54 crore to Rs. 6.13 crore, and total assets expanded from Rs. 17.65 crore to Rs. 25.87 crore. The company reported a ROCE of 47.5 percent, ROE of 44.2 percent, and ROA of 23.7 percent. With a stock PE of 16.5 versus the industry average of 113, Repono appears highly undervalued relative to its peers.
About the Company
Repono Limited is a specialized service provider offering end-to-end warehousing and liquid terminal solutions for India’s oil and petrochemical sector. Its services include consultancy, engineering, operations and maintenance (O&M), and value-added services, catering to leading public and private enterprises.
Repono manages critical assets across crude oil, refined fuels, ethanol, petrochemical terminals, and specialty chemical warehouses, while operating advanced FFS polymer packaging lines and Asia’s largest lube oil plant (IOCL, Chennai). The company handles diverse materials including melamine, carbon black, polymers (PP, HDPE, PVC), and specialty chemicals like phenol and acetone, ensuring safe and efficient operations across traditional and advanced packaging systems.
Written By Manan Gangwar
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
