BSECompany Update3d ago · 3 Aug 2026, 02:58 pm
Press Release
Oval Projects Engineering Ltd · 544498
✦ AI Summary▲ PositiveResults
Oval Projects Engineering Ltd reported a 114% YoY revenue growth in Q1 FY27, with revenue of ₹18.00 Crore and an unexecuted order book of ₹514.27 Crore.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10
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Oval Projects Engineering Ltd - 544498 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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OVAL PROJECTS ENGINEERING
LIMITED
A Team of Excellence For Better Future | An ISO Certified Company
Date: August,03 2026
BSE Limited,
Corporate Relationship Department,
P. J. Towers, Dalal Street,
Mumbai – 400001
Scrip Code: 544498
Subject: Press Release
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please
find enclosed the press release issued by Oval Projects Engineering Limited for intimation purposes.
The press release provides an overview of the Company’s financial performance for the first quarter ended June 30,
2026(Q1 FY 26-27), along with key highlights of its operational growth and business developments.
This is for your information and record.
Thanking you,
For Oval Projects Engineering Limited
Goutam Debnath
Managing Director
DIN: 06923261
HO & Registered Office Corporate Office Branch Office
Milan Chakra (Near Prajapita Brahmakumari 1056 A, Galleria Market, Sushant Lok F/402, 4th Floor, Mrudagandhar Bhageshree
Centre), P.O. A.D. Nagar, Agartala, Tripura Phase I, Gurugram, Gurugram, Haryana - Building, Khopoli Road, Ambheghar, Khan
(West) - 799003 122001 Mohalla, Pen, Raigad, Maharashtra -
GSTIN: 16AABCO9053D1ZL GSTIN: 06AABCO9053D2ZL 402107
GSTIN: 27AABCO9053D1ZI
Phone: +91-3812371011/+91-7085049473 | Web: www.ovalprojects.com | Email: info@ovalprojects.com | CIN: U74900TR2013PLC008465
OVAL Projects Engineering Delivers 114% YoY Revenue Growth in Q1
FY27; Unexecuted Order Book Stands at ₹525.01 Cr
Mumbai, August 3rd , 2026: OVAL Projects Engineering Limited (BSE - SME: 544498), is a
specialized Infrastructure services provider and O&M company serving India's Oil & Gas
sector, executing upstream gas gathering systems, cross-country pipelines, City Gas
Distribution networks, and civil infrastructure across 10+ Indian states. The Company
announced its business update for the first quarter ended June 30, 2026 (Q1 FY 2026-27).
Q1 FY27 Business Update
• Strong Revenue Growth | ₹18.00 Crore Revenue, Up 114.29% YoY
Q1 FY27 performance reflects strong execution momentum compared to ₹8.40 Crore in the
corresponding quarter last year.
• Healthy Order Visibility | ₹818.68 Crore Total Order Book
Of the total order book, ₹514.27 Crore remains unexecuted, providing revenue visibility for
the coming years.
• New Business Pipeline | ₹100.00 Crore Tenders Participated
Based on historical success rates, the Company expects to convert approximately 60% of
the tender pipeline into orders.
Management Perspective & Outlook
Mr. Goutam Debnath, Chairman and Managing Director of Oval Projects Engineering
Limited, said:
“Q1 FY27 witnessed strong execution momentum, with revenue growing 114.29% YoY to ₹18.00
Crore. Our total order book stands at ₹818.68 Crore, with an unexecuted order book of ₹514.27
Crore, providing healthy revenue visibility for the coming years.
While the Company has historically maintained a healthy order win ratio and strong execution
capabilities, our approach towards new orders is becoming more selective. We are placing greater
emphasis on cash flow discipline and the quality of the order book, rather than pursuing order
book growth alone. This approach reflects our focus on addressing investor expectations and
building a more balanced execution pipeline.
Going forward, our priority will be to maintain healthy cash flows alongside a strong order book,
while selectively pursuing opportunities that align with our execution capabilities and financial
objectives.”
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About OVAL Projects Engineering Limited
OVAL Projects Engineering Limited is a specialized infrastructure services and Operations &
Maintenance (O&M) company catering primarily to India’s Oil & Gas sector. With over a decade
of execution experience, the Company provides end-to-end infrastructure solutions spanning
design & engineering, procurement, construction, testing & commissioning, and O&M services.
The Company has established a strong execution track record across 10+ states, having
completed 100+ projects and over 600 km of pipeline infrastructure. Its capabilities extend across
upstream gas gathering systems, cross-country pipelines, City Gas Distribution (CGD)
networks, and civil infrastructure.
Backed by long-standing relationships with leading PSUs and government entities, OVAL has built
a strong base of repeat business, with a 70% repeat order rate. The Company continues to scale
its operations through a robust order book, diversified project pipeline, and growing execution
capabilities.
Disclaimer
This document contains forward-looking statements, which are not historical facts and are subject
to risks and uncertainties such as government actions, local developments, and technological risks.
The Company is not responsible for any actions taken based on these statements and does not
commit to publicly updating them to reflect future events or circumstances.
Corporate Communication Advisors
ORIM CONNECT
+(91) 99879 15398
letsconnect@orim.in
www.orim.in/orim-connect/
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