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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.

Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split

Data sourced from BSE India corporate announcements. More categories will be added over time.

Indian Hume Pipe Company Ltd

Indian Hume Pipe wins Rs. 417.97 Cr irrigation contract from Maharashtra

ORDERS ▲ Positive Development MEDIUM RISK

📅 Filed on BSE: 24 Apr 2026, 05:28 PM IST · BSE ID: 52a056f0-49be-4618-8e9d-59a63ed92c5b

View Original BSE Filing (PDF)

💡

In Simple Terms

Indian Hume Pipe won a Rs. 417.97 Crore contract to build irrigation infrastructure in Maharashtra over four years.

🤖 AI Summary

Indian Hume Pipe awarded Letter of Intent for Rs. 417.97 Crores irrigation project
Client: Maharashtra Krishna Valley Development Corporation (MKVDC), Satara district
Scope: Construction of headworks and closed pipe distribution system under Guruvarya Inamdar scheme
Contract type B1 percentage rate contract with 48-month execution period
Domestic order with no promoter interest or related party transaction involvement

🔢 Key Numbers — exact figures from BSE filing, not rounded

Order Value (excluding GST)

Rs. 417.97 Crores

Execution Timeline

48 months

Contract Type

B1 (Percentage rate contract)

🏢 How This Affects the Company

📈

Business Impact

Order adds Rs. 417.97 Crores to project pipeline. Irrigation infrastructure work extends company's addressable market in water management and government-funded projects.

💰

Financial Impact

Rs. 417.97 Crores (excluding GST) will be recognized over 48-month execution period. Contract will contribute to revenue recognition and cash inflow over contract tenure.

⚙️

Operational Impact

Project requires sustained mobilization of workforce, equipment, and supply chain management for headworks and pipe distribution system construction over 48-month period.

⚠️

Risk Impact

Government contract execution timelines and funding availability are key risk factors. Percentage rate contract introduces scope variation risk tied to actual site conditions.

👥 What This Means For Shareholders

✅

Action Required

No action required. Monitor quarterly disclosures for revenue recognition and project execution updates.

👤

Who Is Affected

All equity shareholders benefit from expanded project pipeline and revenue visibility. Contract does not impact shareholding structure or dividend capacity directly.

🔍

Management Signal

Management demonstrated capability to secure large-value state infrastructure contracts, indicating competitive strength in government tender processes.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events

Quarterly results for revenue recognition from contract execution starting FY27

Project milestone disclosures — watch for work progress updates every six months

GST confirmation filing — final contract value with GST component to be disclosed

MEDIUM RISK Percentage rate contract exposes margins to scope variations. Government contract execution timelines and fund release dependency add execution risk.

💡 Investor Takeaway

Indian Hume Pipe secured Rs. 417.97 Crores work order from Maharashtra Krishna Valley Development Corporation for irrigation infrastructure. Project spans 48 months with B1 percentage rate contract terms. No promoter interest or related party involvement. Revenue will recognize over full execution period.

⚖️ Strengths & Concerns

✅ Positives

Large-value government contract at Rs. 417.97 Crores demonstrates execution capability with state infrastructure bodies
48-month execution period provides stable revenue visibility and extended operational engagement

⚠️ Concerns

Percentage rate contract exposes margins to cost variations and site condition changes during execution
Government contract timeline and fund release dependency adds execution risk

📑 More from Indian Hume Pipe Company Ltd

Indian Hume Pipe Secures Rs. 738.61 Crore Water Supply Project Order

ORDERS · 03 Jul 2026

Indian Hume Pipe: FY26 Net Profit INR 14111.06 Lakhs, ₹5/share Dividend

RESULTS · 15 May 2026

Indian Hume Pipe Board Recommends Rs. 5/- Dividend for FY26

DIVIDEND · 14 May 2026

Indian Hume Pipe: FY26 Standalone Net Profit INR 14111.06 Lakhs, Dividend ₹5

RESULTS · 14 May 2026

Indian Hume Pipe: FY26 Results & ₹5/share Dividend, including ₹3 Special Dividend

RESULTS · 14 May 2026

Indian Hume Pipe wins Rs. 461 Crore in two JV irrigation contracts

ORDERS · 01 May 2026

All BSE filings we have analysed for Indian Hume Pipe Company Ltd.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.