Synopsis: Arfin India wins ₹85.6 Cr deal to supply 20,400 km AAAC conductors to Gujarat power utility. Deliveries start May 2026 for 7 months; boosts non-ferrous metal firm’s order book.
Arfin India Limited has secured a major government order. The Gujarat-based non-ferrous metal manufacturer will supply AAAC Conductors to Dakshin Gujarat Vij Company Limited, a Gujarat government undertaking. The contract, worth approximately ₹85.59 crore, marks a significant win for the company in the power sector.
Shares of Arfin India closed the day at ₹73.60 down 2.48% on NSE as of March 30, 2026. The stock has touched a 52-week high of ₹84.90 and a 52-week low of ₹31.43, reflecting a strong recovery over the past year.
A Big Government Contract
Arfin India received a Master Letter of Acceptance from Dakshin Gujarat Vij Company Limited. The order covers a total supply of 20,400 kilometres of AAAC Conductors. The deal is valued at around ₹85.59 crore. Moreover, the order value may change based on market rates during execution.
Seven-Month Execution Plan
The company will begin supplies in May 2026. Deliveries will continue monthly until November 2026. This gives Arfin India a steady revenue stream for the next seven months. Monthly scheduling ensures regular cash flows throughout the contract period.
The order is purely domestic in nature. Neither the promoters nor any group companies have any interest in Dakshin Gujarat Vij Company Limited. Additionally, the deal does not fall under related-party transactions.
Who Is Arfin India?
Arfin India Limited is a Gujarat-based manufacturer of non-ferrous metal products. The company makes Aluminium Wire Rods, Aluminium Alloy Ingots, Ferro Alloys, and Conductor Cables. It also deals in Copper Scrap, Brass Scrap, and Aluminium Scrap. The company supplies speciality alloys including Hast Alloys, Inconel Alloys, and Incoloy Alloys.
Incorporated in April 1992, Arfin India holds a production capacity of 71,000 metric tonnes per annum. It supplies to the steel, automobile, and power sectors across India. Angelone
Power Sector Push Continues
This order adds to Arfin India’s growing presence in India’s power infrastructure segment. Government utilities are ramping up electricity distribution networks across the country. As a result, demand for quality conductors has risen sharply. Arfin India’s established manufacturing base positions it well to meet this demand. The company has been actively winning conductor supply contracts in recent months. This latest deal further strengthens its order book for FY2026-27.
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