Deem Roll-Tech Limited, a manufacturer of steel rolls catering to India’s domestic steel sector, has secured new purchase orders aggregating INR 230.5 million, significantly strengthening its executable order book to approximately INR 600 million. The newly awarded contracts are expected to be executed over a period ranging from six to 18 months, in line with agreed delivery schedules.
The company disclosed in a regulatory filing that the orders were received from leading public sector steel producers in India. The contracts are for the supply of steel rolls manufactured to customer-specific technical and operational requirements. The latest order inflows underline sustained demand from integrated steel plants for replacement and operational rolls essential to maintaining production efficiency.
The largest of the newly secured orders has been awarded by Steel Authority of India Limited’s Bhilai Steel Plant. Valued at approximately INR 93.0 million, inclusive of goods and services tax, the contract covers the manufacture and supply of steel rolls and will be executed within the timeframe stipulated under the agreement.
In addition, Deem Roll-Tech has received a second order from Steel Authority of India Limited’s Bokaro Steel Plant, located in Bokaro Steel City. This contract carries an estimated value of INR 89.1 million, including tax, and pertains to the domestic supply of steel rolls. As with the Bhilai order, the Bokaro contract has been awarded by a domestic entity and will be fulfilled in accordance with the agreed delivery milestones.
The third order has been secured from Rashtriya Ispat Nigam Limited’s Visakhapatnam Steel Plant. Valued at approximately INR 52.9 million, inclusive of tax, the order involves the supply of steel rolls and will be executed as per the contractual schedule agreed between the company and the customer.
With the addition of these contracts, Deem Roll-Tech’s total order book stands at around INR 600 million as of 17 January 2025, providing improved revenue visibility for the medium term. The company stated that execution will be carried out in phases, aligned with customer requirements and plant shutdown and maintenance schedules, where applicable.
Deem Roll-Tech Limited operates manufacturing facilities in Gujarat and West Bengal, supplying steel rolls to integrated steel producers and rolling mills across the country. The company is engaged in the design, manufacture, and supply of rolls used at various stages of steel production, including primary rolling, finishing, and specialty applications.
The latest order wins reflect the company’s established relationships with public sector steel producers and its ability to meet stringent quality and performance standards. Deem Roll-Tech continues to focus on operational efficiency, timely execution, and technical reliability as it supports India’s steel manufacturing sector.
