East India Drums & Barrels Manufacturing has secured an additional order worth USD 0.93m (INR 89.7m) from Hindustan Petroleum Corporation Limited for the supply of 93,750 drums. The win takes cumulative orders received from HPCL to USD 9.62m (INR 926.8m).
Why this mattersRepeat drum orders from a major Indian oil refiner signal steady demand from the petroleum sector for metal packaging capacity in India.
- The new order is worth USD 0.93m (INR 89.7m), precisely INR 89,716,875.
- The order covers 93,750 drum units.
- The customer is Hindustan Petroleum Corporation Limited, a state-run oil major.
- Cumulative orders received from HPCL now total USD 9.62m (INR 926,823,862.10).
East India Drums & Barrels Manufacturing has secured a two-year contract from Hindustan Petroleum Corporation to supply IS 3575 bitumen drums, valued at USD 6.16m (INR 590,246,487.92). The order was placed through India's Government e-Marketplace and disclosed under Regulation 30 on 19 September 2026, with delivery beginning immediately under the purchase-order terms.
Why this mattersA specification-linked drum order gives a steel packaging maker two years of demand visibility, though margin depends on delivery cadence and steel input costs.
- Contract value is USD 6.16m (INR 590,246,487.92, about INR 59.02 crore).
- The customer is Hindustan Petroleum Corporation, a central public-sector undertaking.
- The product is Bitumen Drum-IS3575 (Q3), an industrial steel drum specification.
- The execution period is two years, beginning immediately under the purchase-order terms.
- The order was placed through India's Government e-Marketplace.
- The disclosure was filed under Regulation 30 and disseminated by BSE on 19 September 2026.
