Kothari Industrial Corporation Ltd
Received LOA
ORDERS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 27 Jun 2026, 12:54 PM IST · BSE ID: c8d40c9a-f248-4a04-83b6-d323d0fa0ee9
View Original BSE Filing (PDF)
💡
In Simple Terms
Kothari Industrial Corporation won a contract to supply forklifts and staff to Indian Railways' ICF unit in Chennai for nearly Rs. 44.3 Crore.
🤖 AI Summary
- Kothari Industrial Corporation Ltd secured a Rs. 44.28 Crore service contract from ICF, Chennai.
- The contract involves providing 5 Ton forklift trucks, drivers, fuel, and associated staff.
- Services are for movement of coach items in Furnishing Division Shops at ICF, Chennai.
- The order has a completion period of 580 days, commencing June 27, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Contract Value
Rs. 44.28 Crore
Execution Timeline
580 days
Contract Start Date
27 June 2026
🏢 How This Affects the Company
This order win expands the company's service contract pipeline with a significant government entity, Indian Railways.
The Rs. 44.28 Crore order value will contribute to future revenue streams over the contract's execution period.
The company will need to mobilize resources, including forklift trucks, drivers, and support staff, to fulfill the contract.
Execution risks associated with contract completion within 580 days and meeting performance guarantee requirements exist.
👥 What This Means For Shareholders
✅
Action Required
No action required by shareholders at this time.
👤
Who Is Affected
All shareholders are affected by the company's business development which contributes to its order book and future revenue potential.
🔍
Management Signal
The contract win signals management's focus on securing large service contracts and expanding its operational footprint with major clients.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Contract execution commencement and adherence to timeline.
Submission of Performance Guarantee and agreement finalization.
Updates on services rendered as per contract terms.
MEDIUM RISK
Order value is significant, but execution depends on meeting tender conditions and performance guarantees.
💡 Investor Takeaway
Kothari Industrial Corporation secured a Rs. 44.28 Crore service contract from ICF, Chennai for 580 days, requiring forklifts, drivers, and staff for coach item movement.
⚖️ Strengths & Concerns
✅ Positives
- Awarded a substantial Rs. 44.28 Crore contract from Integral Coach Factory (ICF), Chennai.
- Contract duration of 580 days provides sustained revenue visibility for the specified service.
⚠️ Concerns
- Contract requires submission of a Performance Guarantee equivalent to 5% of the contract value.
- Execution depends on stipulated tender terms, agreement execution, and other tender document conditions.
📅 Company Track Record
Previously, Kothari Industrial Corporation Ltd expanded a service contract with ICF Chennai by 25%, raising its total value to Rs. 6.33 Crores through July 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the value of the order Kothari Industrial Corporation Ltd received from ICF, Chennai?
Kothari Industrial Corporation Ltd received an order valued at Rs. 44.28 Crore from ICF, Chennai.
What services does the Kothari Industrial Corporation Ltd contract with ICF, Chennai entail?
The contract is for providing 5 Ton forklift trucks with drivers, fuel, and associated staff for coach item movement.
What is the duration for the Kothari Industrial Corporation Ltd contract with ICF, Chennai?
The contract is to be executed within 580 days from the Letter of Acceptance issued on June 27, 2026.
What is the significance of the Rs. 44.28 Crore order for Kothari Industrial Corporation Ltd?
This order represents a significant addition to the company's order book and contributes to its revenue over the execution period.
Questions based on this BSE filing only. For information purposes.