We are pleased to inform you that the Company has received a Purchase order from Honeywell LNG LLC (Pennsylvania, USA) amounting to $231,820.00/-
ORDERS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 27 Mar 2026, 11:22 AM IST · BSE ID: e4700f15-ad7e-4b99-97ea-aaac940f5080
View Original BSE Filing (PDF)
💡
In Simple Terms
The company just won a $231,820 order from Honeywell to supply an LNG metering device, due May 2027.
🤖 AI Summary
- Honeywell LNG LLC purchase order worth $231,820.00 for LNG Metering Skid supply
- International order from Pennsylvania, USA — delivery commitment by 10 May 2027
- No promoter or group company interest; arm's-length transaction confirmed
- Third material order win in 15 days — Emerson and Suzlon orders preceded this
🔢 Key Numbers — exact figures from BSE filing, not rounded
Honeywell LNG order value
$231,820.00
Delivery commitment date
10 May 2027
Prior order wins (15 days prior)
Emerson Rs. 5,54,79,894; Suzlon Rs. 1,20,46,620
🏢 How This Affects the Company
Third material order in 15 days strengthens order book and signals recurring traction in LNG and metering segments. International customer diversification demonstrates market acceptance beyond domestic clients.
Order value $231,820.00 adds to revenue pipeline with execution through May 2027. Delivery timeline extends into FY27, affecting revenue recognition phasing.
LNG Metering Skid supply requires manufacturing and export logistics coordination. Timeline to May 2027 provides 13+ months execution window.
International order introduces currency fluctuation risk and cross-border delivery dependencies. No material risk flagged in filing.
👥 What This Means For Shareholders
✅
Action Required
No action required. Monitor quarterly results for revenue recognition timing and order execution updates.
👤
Who Is Affected
All shareholders benefit from expanded order book and demonstrated market traction. International order reduces single-market dependency.
🔍
Management Signal
Management successfully penetrating international LNG client base and executing recurring order wins. Order frequency suggests market acceptance and scaling execution capability.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q4 FY26 results filing — track cumulative order book and revenue recognition from Honeywell/Emerson/Suzlon orders
May 2027 — verify Honeywell LNG delivery completion and revenue booking in FY27 results
Quarterly filings next 6 months — monitor for additional international order wins or domestic customer expansion
LOW RISK
Order terms and execution timeline standard. No related-party concerns. 13-month delivery window provides execution buffer. Currency risk inherent in USD-denominated international orders.
💡 Investor Takeaway
Cryogenic OGS secured $231,820.00 Honeywell LNG order, third material win in 15 days. Combined with Emerson and Suzlon orders, demonstrates sustained traction in metering and LNG segments. Delivery timeline May 2027 extends revenue pipeline into FY27.
⚖️ Strengths & Concerns
✅ Positives
- Third order win in 15 days — Emerson ($5.55M equivalent), Suzlon ($1.20M equivalent), Honeywell ($0.23M) — demonstrates sustained demand traction
- International order from Fortune 500 client validates product quality and expands addressable market beyond domestic suppliers
⚠️ Concerns
- Order value $231,820.00 is materially smaller than prior two wins; may indicate project diversification or entry-level engagement
- May 2027 delivery timeline is 13+ months out; execution risk and working capital absorption until revenue realization
📅 Company Track Record
Cryogenic OGS (formerly Cryogenic Liquide Private Limited) has demonstrated rapid order traction starting March 2026. Three material orders in 15 days (Suzlon Rs. 1,20,46,620 on 13 March; Emerson Rs. 5,54,79,894 on 26 March; Honeywell $231,820 on 27 March) signal shift from order drought to pipeline recovery.
Based on publicly available historical data. For context only.