Synopsis: Siyaram Recycling Industries Limited has received a Rs. 2.10 crore fixed-price order from Anurag Impex for the supply of Brass Scrap Honey, with a seven-day execution window.
A Jamnagar-based brass recycling and components manufacturer filed an order win disclosure informing of a purchase order from Anurag Impex for Brass Scrap Honey worth Rs. 2,10,27,600. The order carries a seven-day execution timeline, is domestic in nature, and does not involve a related party.
With a market capitalisation of Rs. 84.54 crore, the shares of Siyaram Recycling Industries Limited were last quoted at Rs. 38.8 per share, up 1.84 percent from its previous closing price of approximately Rs. 38.1. It is trading at a P/E of 8.49.
The purchase order covers the supply of Brass Scrap Honey a specific commercially traded grade of brass scrap commonly sourced and processed in Jamnagar’s non-ferrous metals cluster to Anurag Impex. The total order value is Rs. 2.10 crore and to be executed within seven days of the order date. The awarding entity has no promoter-group connection, and the transaction falls outside the ambit of related party classifications.
Formerly Siyaram Impex Private Limited is a Jamnagar-based company incorporated in 2007. It operates across brass scrap segregation, manufacture of brass ingots, billets and rods, and production of brass-based plumbing and sanitary components.
In FY25, the company reported revenues of Rs. 511 crore and net profit of Rs. 15 crore, with an operating margin of approximately 5 percent. H1 FY26 (September 2025 half year) saw revenues of Rs. 212 crore and net profit of Rs. 3 crore, reflecting a softer period relative to H2 FY25.
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