Synopsis: Shivam Pipes, a subsidiary of KD Green Industries(earlier known as Manbro Industries Limited) , has secured orders worth Rs. 31.55 crore for supplying galvanized steel tubular poles to North Eastern electricity boards and BSNL, strengthening its presence in power and telecom infrastructure.
Manbro Industries has a total market capitalization of Rs. 507.59 crore, according to data on the BSE. The stock was listed on the exchanges on April 24, 1992. Manbro Industries shares were trading at Rs. 87.4 apiece on the Bombay Stock Exchange; the stock has gained around 2.28% over the last five sessions, while it has a downtrend of about 3.22% in the 30 days. Over a six month period, the stock has given a return of 98.28%, whereas on a year-on-year basis it has rallied nearly 34.99%, reflecting mixed overall performance. The stock’s 52-week high was Rs. 99.40 and 52-week low was Rs. 36.39.
KD Green Industries announced that its 51% subsidiary, Shivam Pipes, has secured orders aggregating to approximately Rs. 31.55 crore for the supply of galvanized steel tubular poles. The orders have been received from various North Eastern state electricity boards and Bharat Sanchar Nigam Limited (BSNL).
The order book includes Rs. 16.15 crore from electricity boards and Rs. 15.35 crore from BSNL. These contracts were received between January 1, 2026 and March 31, 2026, with a delivery timeline ranging from 1 to 4 months, ensuring strong near term revenue visibility.
The supplies will support ongoing power distribution and telecom infrastructure projects in the North Eastern region. The orders have been awarded through contractors working with government utilities and agencies, highlighting Shivam Pipes’ established vendor relationships and execution capabilities.
Shivam Pipes is a recognized supplier of steel pipes and galvanized tubular poles under the ‘XTech’ brand and is already empaneled with multiple electricity boards, BSNL and public works departments. The company currently has a manufacturing capacity of 36,000 MT per annum.
KD Green Industries, part of the Guwahati based KD Group, operates in the infrastructure and building materials segment. The company, along with its subsidiaries, is engaged in manufacturing AAC blocks under the ‘Green AAC Block’ brand and steel pipes and poles under the ‘XTech’ brand, while also expanding into steel fabrication for infrastructure projects.
Over the years, the group has evolved into an integrated infrastructure and building materials player with interests spanning steel, construction materials and sustainable solutions. Its diversified portfolio and presence in high growth regions like North East India position it well to benefit from rising investments in infrastructure and connectivity.
What This Means for Shareholders
The Rs. 31.55 crore order inflow strengthens revenue visibility in the near term and reflects steady demand from government backed infrastructure projects. With increasing investments in electrification and telecom connectivity, especially in challenging terrains like North East India the demand for galvanized steel poles is expected to grow. Continued order inflows and timely execution could support KD Green’s growth trajectory and improve its market positioning in the infrastructure supply segment.
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.
