Synopsis: Shivam Pipes, a subsidiary of KD Green Industries Limited, has secured orders worth approximately Rs. 9.08 crore for supplying galvanized steel tubular electric poles to electricity boards in North Eastern states under the RDSS scheme. The order win strengthens the company’s positioning in the power infrastructure and utility supply segment.
KD Green Industries has a total market capitalization of Rs. 423.77 crore, according to data on the BSE. South West Pinnacle shares were trading at Rs. 73.05 apiece on the Bombay Stock Exchange, down by 5 percent; the stock has declined around 13.58 percent over the last five sessions, while it has decreased about 1.47 percent in the 30 days. Over a six-month period, the stock has given a return of 40.91 percent, whereas on a year-on-year basis it has surged nearly 13.81 percent, 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 Limited has announced that its subsidiary, Shivam Pipes, has secured orders worth around Rs. 9.08 crore for the supply of galvanized steel tubular electric poles to electricity boards across North Eastern states. The orders have been received under the Government’s Revamped Distribution Sector Scheme (RDSS).
According to the company, the orders are expected to be executed within a period of one to four months. The contracts have been awarded through contractors involved in power distribution projects for government utilities and electricity agencies.
The latest order win is strategically important because it strengthens Shivam Pipes’ position as an approved vendor for multiple electricity utilities in North Eastern India. The company already supplies galvanized steel tubular poles under its ‘XTech’ brand and is empanelled with several state electricity boards, BSNL and public infrastructure departments.
From a business perspective, the order provides near-term revenue visibility and improves production utilization for the company’s manufacturing operations. Infrastructure manufacturing companies generally benefit from higher operating leverage when production capacity utilization increases, as fixed manufacturing costs get distributed over larger output volumes.
The development also highlights the growing opportunities emerging from India’s power infrastructure expansion, particularly under government-backed electrification and grid modernization schemes such as RDSS. The Revamped Distribution Sector Scheme aims to strengthen power distribution infrastructure, reduce technical losses, improve rural electrification and modernize electricity networks across India.
The North Eastern region is increasingly witnessing large-scale investments in transmission and distribution infrastructure, renewable energy projects and rural electrification initiatives. As electricity infrastructure expands across remote and semi-urban regions, demand for galvanized steel tubular poles and related utility infrastructure products is expected to remain strong.
For Shivam Pipes, repeat participation in RDSS-linked projects may improve future order inflows and strengthen relationships with electricity utilities and contractors. Since the company is already an approved vendor for multiple agencies, it could benefit from additional opportunities as power infrastructure investments continue increasing across the region.
From a profitability perspective, timely execution of these orders may support revenue growth and operational efficiency during the current financial year. However, margins in steel product manufacturing businesses remain sensitive to fluctuations in raw material prices, particularly steel prices and zinc costs used in galvanization processes.
Sharp increases in steel prices may pressure operating margins if companies are unable to fully pass on higher input costs to customers. On the other hand, stable or declining raw material prices generally support profitability and improve margin expansion opportunities.
Shivam Pipes currently operates with a manufacturing capacity of 36,000 metric tonnes per annum and manufactures steel pipes and galvanized tubular poles under the ‘XTech’ brand. The company supplies products to government agencies, infrastructure contractors, electricity boards and public sector utilities.
KD Green Industries Limited, formerly known as Manbro Industries Limited, along with its subsidiaries, operates in businesses including AAC blocks manufacturing, pipes and poles manufacturing and infrastructure-related steel fabrication activities. The company is part of the Guwahati-based KD Group, which operates across infrastructure, steel, building materials and sustainable construction solutions.
From an industry perspective, India’s power transmission and distribution infrastructure sector continues to benefit from increasing government capital expenditure, renewable energy integration, rural electrification programs and modernization of ageing electricity infrastructure. Companies supplying utility infrastructure materials and engineering products are expected to benefit from these long-term structural growth trends.
Overall, the Rs. 9.08 crore order strengthens KD Green Industries’ presence in the utility infrastructure segment and improves near-term business visibility for its subsidiary Shivam Pipes. Going forward, execution efficiency, additional RDSS-linked opportunities, raw material cost stability and expansion in power infrastructure demand will remain key factors influencing future growth and profitability.
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.
