Whalesbook
INDO SMC Ltd has secured a significant ₹28.43 crore order for High Tension (HT) Air Insulated Bus Ducts. The contract, valued at ₹2,842.80 lakh, comes from a prominent Indian mining and steel company and requires completion within a strict twelve-week timeframe from the order date of April 20, 2026. The company disclosed this development on April 21, 2026.
The order specifies the supply of 4,120 square meters of HT Air Insulated Bus Ducts for 630 AMP. This deal underscores INDO SMC's capacity to manage and execute large-scale projects, particularly those with demanding delivery schedules in the power distribution sector.
This award reinforces INDO SMC's market position and demonstrates client confidence from a major player in the capital-intensive mining and steel industry. Successful execution is expected to contribute positively to the company's revenue and financial performance.
The company recently announced a ₹40.77 crore order for similar bus ducts in February 2026. INDO SMC completed its SME IPO in January 2026. Prior to this new order, the company reported an order book of ₹111.67 crore as of November 30, 2025.
INDO SMC operates in a competitive environment featuring major domestic and international players such as Larsen & Toubro, Havells India, ABB Ltd, and Schneider Electric SE. The global bus duct market is anticipated to reach USD 16.60 billion by 2029, fueled by industrial expansion and the demand for efficient power distribution systems.
Investors and market watchers will be observing INDO SMC's progress on this twelve-week execution timeline, its ability to secure future orders from the infrastructure sector, and the impact on its financial results.