Synopsis: Kotyark Industries secured a 7,299 KL biodiesel order worth ₹58.39 crore from IOC, HPCL, and BPCL, strengthening its market presence with supplies to Gujarat and Haryana.
This Micro-cap Renewable Green Energy Stock, engaged in producing and supplying biodiesel, contributing to clean energy solutions, and serving major Oil Marketing Companies across India, hit a 5 percent upper circuit after receiving a 7,299 KL biodiesel supply order worth Rs. 58.39 crore to OMCs.
With a market capitalization of Rs. 359.67 crores, the shares of Kotyark Industries Limited hit a 5 percent upper circuit of Rs. 351.75 per share on Tuesday, up from its previous closing price of Rs. 335 per share. Since then, the stock has retreated and is currently trading at Rs. 349.90 per equity share.
What is the News?
Kotyark Industries Limited has secured a significant order for the supply of biodiesel from leading Oil Marketing Companies (OMCs), such as Indian Oil Corporation Limited (IOC), Hindustan Petroleum Corporation Limited (HPCL), and Bharat Petroleum Corporation Limited (BPCL).
The tender was issued on July 23, 2025, and sought biodiesel produced from NUCO/UCO feedstocks for a total quantity of 150,000 KL for the period of August to October 2025. Kotyark Industries submitted its bid on July 29, 2025, and has been allocated 7,299 KL of biodiesel on September 01, 2025, with an estimated order value of approximately Rs. 58.39 crore, excluding GST and transportation charges.
The allocated supply will cover deliveries to Gujarat and Haryana, with 6,324 KL assigned to Gujarat and 975 KL to Haryana. The order will be executed upon receipt of a supply indent from the OMCs within the specified time period. This allocation highlights Kotyark Industries’ growing presence in the domestic biodiesel market and its ability to fulfill large-scale government and industry contracts efficiently.
Also read: Ethanol Stocks skyrocket up to 17% after government removes Production Limits
Company Overview
Kotyark Industries Limited (KIL) is an Indian company primarily engaged in the manufacturing of biofuels, specifically bio-diesel. It promotes renewable green energy and sustainable development by adopting environmentally friendly technology aimed at reducing greenhouse gas emissions from vehicles and equipment.
The company was incorporated in 2016 and has a manufacturing unit located at Swaroopgunj in Sirohi District, Rajasthan. It is noted as the first and only listed pure play biodiesel manufacturing company in India after its IPO on NSE Emerge in October 2021.
The company serves a diversified customer base, including Oil Marketing Companies (OMCs) such as Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL), and Bharat Petroleum Corporation Limited (BPCL), as well as bulk buyers like transport contractors and mining companies. It also has subsidiaries and has recently expanded its operations through acquisitions and new plants, including a glycerin processing plant commissioned in 2023.
Recent quarter results
Coming into financial highlights, Kotyark Industries Limited’s revenue has decreased from Rs. 144 crore in H2 FY24 to Rs. 91 crore in H2 FY25, which is a drop of 36.81 percent. The net profit has converted into a net loss, from Rs. 11 crore in H2 FY24 to Rs. -3 crore in H2 FY25.
Written By – Nikhil Naik
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