We wish to inform your esteemed organization that the Company has received a Purchase Order from ICOMM Tele Limited for Supply and Services of MCS.
ORDERS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 09 Apr 2026, 05:33 PM IST · BSE ID: 1f8a4b94-7d0c-4002-93cc-b7ae7abd7b21
View Original BSE Filing (PDF)
⚡ Quick Answer
Chiraharit Ltd secured a purchase order worth Rs. 9.54 crore from ICOMM Tele Limited for the supply and services of MCS. The order, to be executed within 10 weeks in Andhra Pradesh, is a conversion of a prior Letter of Award from Greenko AP01 IREP Private Limited. This significant domestic order has no promoter group interest or related party implications.
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In Simple Terms
Chiraharit just won a Rs. 9.54 Crore order to supply pipes and install equipment for a telecom client over the next 10 weeks.
🤖 AI Summary
- Chiraharit receives Rs. 9,54,37,131/- PO from ICOMM Tele for MCS supply and services
- Scope includes pipe and fittings supply with installation in Andhra Pradesh
- Execution timeline: 10 weeks from order date
- Converted from earlier Greenko LOA (Rs. 10.29 Crore) dated 7 September 2024
- Domestic order with no promoter group interest or related party considerations
🔢 Key Numbers — exact figures from BSE filing, not rounded
Order Value
Rs. 9,54,37,131/- (Excluding GST)
Execution Timeline
10 weeks
Original LOA from Greenko
Rs. 10.29 Crore (dated 7 September 2024)
🏢 How This Affects the Company
Order adds Rs. 9,54,37,131/- to revenue pipeline over next 10 weeks. Follows two other order wins in past 27 days (Rs. 52.37 Lakh irrigation order on 13 March, Newzone order on 21 March), indicating accelerating order inflow.
Order value of Rs. 9,54,37,131/- (Excluding GST) will flow into revenue recognition over 10-week execution period. Gross margin and cash conversion depend on project execution efficiency and working capital requirements.
Company must mobilize supply chain and installation resources in Andhra Pradesh within 10-week timeline. Scope includes both supply and on-site services, requiring workforce deployment and logistics coordination.
Tight 10-week execution window carries schedule risk. Order originated from principal contractor relationship (Greenko), introducing indirect customer dependency and potential change order or scope disputes.
👥 What This Means For Shareholders
✅
Action Required
No action required. Publicly disclosed order win; monitor project execution through Q1 FY27 results for revenue recognition and margin realization.
👤
Who Is Affected
All equity shareholders. Revenue of Rs. 9,54,37,131/- (Excluding GST) will accrue to company over 10-week period, affecting FY27 results and cash position.
🔍
Management Signal
Three order wins in 27 days indicate management sales execution is accelerating. Tight 10-week timeline suggests confidence in operational delivery, but also signals willingness to accept compressed project schedules.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 results — verify revenue recognition from this 10-week execution order
Project completion filing — watch for order completion disclosure within 10 weeks
Quarterly order inflow — track if pace of 3 orders in 27 days sustains into Q1
MEDIUM RISK
Compressed 10-week timeline carries execution risk. Indirect customer relationship (via principal contractor) reduces contract control and renewal certainty.
💡 Investor Takeaway
Chiraharit has secured a Rs. 9,54,37,131/- domestic order for pipe supply and MCS installation services, executable in 10 weeks. This is the company's third order in 27 days, signalling sales momentum. Order originated from Greenko's principal contractor, not direct customer relationship.
⚖️ Strengths & Concerns
✅ Positives
- Order value Rs. 9,54,37,131/- represents third consecutive order win in 27 days, validating market traction
- Clear execution timeline of 10 weeks provides visibility; domestic order eliminates forex and geopolitical risks
⚠️ Concerns
- Order sourced indirectly through principal contractor (Greenko), not direct customer — reduces contract control and renewal certainty
- 10-week compressed timeline creates operational execution risk and working capital strain if project delays occur
📅 Company Track Record
Chiraharit won two orders in preceding 18 days: Rs. 52.37 Lakh irrigation order from government (13 March 2026, delivery due 27 March) and undisclosed Newzone India electromechanical order (21 March 2026). Current Rs. 9.54 Cr order represents material acceleration in order values.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the value of the purchase order Chiraharit Ltd received from ICOMM Tele Limited?
Chiraharit Ltd received a purchase order valued at Rs. 9,54,37,131/- (excluding GST) from ICOMM Tele Limited.
Who is the principal contractor for Chiraharit Ltd's new order?
The principal contractor for Chiraharit Ltd's order is ICOMM Tele Limited, who converted an earlier Letter of Award from Greenko AP01 IREP Private Limited.
What is the execution timeline for Chiraharit Ltd's purchase order?
The purchase order from ICOMM Tele Limited is to be executed within 10 weeks.
What services does Chiraharit Ltd's purchase order cover?
Chiraharit Ltd's purchase order covers the supply of pipe and fittings with installation and service scope for MCS in Andhra Pradesh.
Does Chiraharit Ltd's order from ICOMM Tele have promoter group interest?
No, Chiraharit Ltd's purchase order from ICOMM Tele Limited is a domestic order with no promoter group interest or related party implications.
Questions based on this BSE filing only. For information purposes.