BSECompany Update20 Aug 2026 · 20 Aug 2026, 04:55 pm
Press Release
Oval Projects Engineering Ltd · 544498
✦ AI Summary▲ PositiveOrder Win
Oval Projects Engineering Limited has announced its business update for the first five months of FY27, highlighting significant execution milestones and continued strengthening of its project portfolio. The company has secured three new projects since April 2026 and successfully completed key assignments across pipeline, gas infrastructure, and civil development.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
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 20, 2026
BSE Limited,
Corporate Relationship Department,
P. J. Towers, Dalal Street,
Mumbai – 400001
Scrip Code: 544498
Subject: Press Release
Dear Sir/Madam,
Please find enclosed herewith a copy of press release being issued by the company titled as
“OVAL Projects Engineering Limited Delivers Strong Execution Milestones and Secures
New Projects in First Five Months of FY27”.
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 Limited Delivers Strong Execution
Milestones and Secures New Projects in First Five Months of FY27
Mumbai, August 19th, 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, today announced its business update for
the first five months of FY27, highlighting significant execution milestones and continued
strengthening of its project portfolio.
Order Details (Project Acquired Since April 2026)
Sr. No. Client Name Purchase Order Details Amount (₹ crore)
Government of Tripura, Infrastructure Development of
1 13.45
PWD Asharambari H.S. School, Tripura
Last-Mile Gas Connectivity inside
Indradhanush Gas Grid
2 Numaligarh Refinery Limited under 7.10
Limited (IGGL)
the North-East Gas Grid Project
Balance Electromechanical and
CPWD, Government of
3 Allied Works for Swimming pool at NIT 6.79
India
Agartala, West Tripura
Total 27.34
Project Completed Successfully
Sr. No. Client Name Purchase Order Details
Completed 730 metres of HDD across the Barak River,
1 IGGL Pipeline Project demonstrating execution capability in technically
challenging pipeline crossings
Assam Gas Company
2 Station works completed successfully
Limited (AGCL)
Agartala Smart City
3 Beautification of MG Bazar Pond
Limited (ASCL)
Indian Oil Corporation Pipeline laying at Koderma completed successfully under
Limited (IOCL) a City Gas Distribution (CGD) project
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Management Perspective & Outlook
Mr. Goutam Debnath, Chairman and Managing Director of Oval Projects Engineering Limited,
said:
“The first five months of FY27 have been marked by strong execution and continued expansion of
our project portfolio. We successfully completed key assignments across pipeline, gas
infrastructure and civil development, while securing three new projects since April 2026.
These achievements reflect the confidence of our customers in our execution capabilities and our
ability to undertake diverse infrastructure projects. Going forward, we remain focused on
disciplined execution, timely project completion and selectively pursuing opportunities aligned
with our capabilities, while maintaining a strong focus on cash-flow discipline and sustainable
growth.”
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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