The Clock · March 2028

What 24 companies say they will deliver by March 2028

45 dated commitments, 13 of them order delivery windows and 32 from management’s own statements. Every line carries the words the date was read out of, and the filing it came from.

None of these has come due yet. River will not tell you whether they will be met; it tells you what was said, and when.

Krishna Defence and Allied Industries LimitedorderRs. 20.00 Crore1 Mar 2028

Respected Sir/ Ma’am, We are pleased to inform all the stakeholders that Krishna Defence and Allied Industries Limited (“Company”), has bagged an order from Ministry of Defence for the Supply of Special Steel Products approx. Rs. 20.00 Crore, inclusive of taxes.

said 1 Aug 2026 · from the words “Scheduled to be executed within a period of 19 months” · for Ministry of Defence · source filing

RITES Limitedorder6 Mar 2028

Supply and Commissioning of 4000 HP Cape Gauge Diesel Electric Locomotives. Awarded by Volantis Asset Finance (Pty) Ltd

said 6 Jul 2026 · from the words “20 months” · for Volantis Asset Finance (Pty) Ltd · source filing

Commercial Syn Bags LimitedorderRs. 10,00,000/-7 Mar 2028

Remuneration upto Rs. 10,00,000/- (Rupees Ten Lakhs) per month; and - Commission upto @ 2% of the net Profits of the Company.

said 7 Sep 2026 · from the words “within a period of 18 months” · source filing

Dilip Buildcon Limitedorder₹ 1,850 Crore11 Mar 2028

Receipt of Letter of Intent (LOI) by Dilip Buildcon Limited for acquisition of 100% equity shares of the Project SPV and to act as

said 11 Mar 2026 · from the words “within 24 months” · for REC Power Development and Consultancy Limited · source filing

Vascon Engineers LimitedorderRs. 115,90,28,904/-11 Mar 2028

The work has to be completed within 24 months from the date of issue of work order.

said 11 Mar 2026 · from the words “work has to be completed within 24 months” · for Ahmedabad Municipal Corporation · source filing

A B Infrabuild LimitedorderRs. 66,96,24,916.5713 Mar 2028

Awarding of order(s)/contract(s) — A B Infrabuild Limited has informed the Exchange about Awarding of order(s)/contract(s)

said 13 Mar 2026 · from the words “24 Months” · for East Coast Railways, Indian Railways · source filing

A B Infrabuild LimitedorderRs. 48,67,75,280.2217 Mar 2028

M/s. A B Infrabuild Limited has received letter of acceptance for a new project — (i.) Construction of Road Over Bridge 1x36.0 m composite girder +2x24.0 m composite girder for railway portion (bridge proper) and 2x24.0 m composite girder outside railway portion in lieu of LC No.-360 at Km 665/1921 in between…

said 17 Mar 2026 · from the words “24 Months” · for East Coast Railways, Indian Railways · source filing

Puravankara Limitedorder₹ 280.35 Crores17 Mar 2028

We write to inform you that M/s. Starworth Infrastructure & Construction Limited (SICL) has received a Letter of Intent for the Construction of Ruby Block (Academic Block) Phase – I at VIT, Vellore Campus, Vellore – 632014 for the accepted value of ₹ 280.35 Crores (Rupees Two Hundred and Eighty Crores and Thirty-Five…

said 17 Mar 2026 · from the words “24 Months” · for Vellore Institute of Technology · source filing

Highway Infrastructure Limitedorder₹14.60 crore19 Mar 2028

The total value of the Work Order is approximately ₹14.60 crore (Rupees Fourteen Crore Sixty Lakhs only), subject to variation depending upon site conditions, plus applicable GST.

said 19 Mar 2026 · from the words “2 Years” · for Sacham Highway Real Estates Private Limited · source filing

3i Infotech Limitedorder₹8.76 crores26 Mar 2028

The total value of work order is approximately ₹8.76 crores (exclusive of applicable taxes).

said 26 Mar 2026 · from the words “2 Years” · for Mahanagar Gas Limited · source filing

Dilip Buildcon LimitedorderINR 698.49 Cr28 Mar 2028

“Construction of the Flood Protection Embankment on river Narmada, District Bharuch (Engineering, Procurement and Construction Basis-EPC)”. Awarded by Narmada Water Resources Water Supply & Kalpasar Department, Government of Gujarat

said 28 Mar 2026 · from the words “24 Months” · for Narmada Water Resources Water Supply & Kalpasar Department · source filing

AEROFLEXsaid31 Mar 2028

once it is commissioned, we expect it to be up and running and then to be utilized at the optimum level in the next financial year

said 30 Jul 2026 · from the words “FY28”

ANNAPURNAsaid31 Mar 2028

Madhur Confectionery is expected to contribute ~₹200 Cr in Revenue and ~₹16 Cr in PAT in FY28

said 24 Aug 2026 · from the words “FY28”

ANNAPURNAsaid31 Mar 2028

Targeting revenues of ~₹1,100 Cr and PAT of ~₹100 Cr by FY28, supported by a well-defined execution roadmap

said 24 Aug 2026 · from the words “FY28”

ANNAPURNAsaid31 Mar 2028

The Company is expected to contribute ~₹120 Cr in revenue and ~₹6 Cr in PAT by FY28.

said 24 Aug 2026 · from the words “FY28”

ANNAPURNAsaid31 Mar 2028

we have a clear vision targeting a Rs. 1,100 crore top line by FY '28 and a PAT in excess of Rs. 100 crores.

said 26 Aug 2026 · from the words “FY28”

EPACKsaid31 Mar 2028

from FY 27-28 onwards, we will definitely see this company in green

said 27 May 2026 · from the words “FY28”

EPACKPEBsaid31 Mar 2028

even if we are able to achieve say 80% to 85%, it will get us somewhere close to INR2,300 crores to INR2,400 crores for the next FY28

said 6 Aug 2026 · from the words “FY28”

INTERARCHsaid31 Mar 2028

we are aiming for 9.5% to 10% in '27-'28

said 14 Aug 2026 · from the words “FY28”

INTERARCHsaid31 Mar 2028

we want to revise our projections for '27-'28 to INR2,700 crores from INR2,500 crores.

said 14 Aug 2026 · from the words “FY28”

Ksb Limitedorder31 Mar 2028

This is to inform that KSB Limited has received a significant export order from Dangote

said 29 Sep 2026 · from the words “Between September 2027 to March 2028” · for Dangote Projects Free Zone Enterprise · source filing

PARACABLESsaid31 Mar 2028

The approval is also we expect for this product by FY28.

said 28 May 2026 · from the words “by FY28”

PARACABLESsaid31 Mar 2028

We are targeting sales of approximately INR 500 crores from Narmadapuram in FY28, which will scale up to INR 1,200 crores in FY29.

said 28 May 2026 · from the words “FY28–FY29”

PARACABLESsaid31 Mar 2028

The project at Narmadapuram envisages an investment of approximately INR 300 crores by FY28, with operations expected to partly commence in Q1 FY28 and ramp up through FY28.

said 28 May 2026 · from the words “by FY28”

PGELsaid31 Mar 2028

we are hoping to at least run the capacity at something like more than 70% capacity utilization. So we think that compressor should be profitable in the first year itself.

said 30 May 2026 · from the words “FY28”

PGELsaid31 Mar 2028

we should be able to reach something like in the very first year of production, that is FY28, something like 50%, 55% capacity utilization we should hit in the very first year.

said 30 May 2026 · from the words “FY28”

PNGJLsaid31 Mar 2028

Next year, '27, '28, we plan to add round about 37 stores again with the proceeds which we will have from the profits which will accrue. So we will be adding 37 more stores and the COCO count will become 86 and the franchise stores will be 54 and the total count will be 140.

said 4 Aug 2026 · from the words “FY28”

SHADOWFAXsaid31 Mar 2028

Added 700+ pincodes; full national coverage by FY28

said 31 Jul 2026 · from the words “by FY28”

SHADOWFAXsaid31 Mar 2028

Post FY28, we are hoping to hit about somewhere between 200 basis points to 250 basis points every year for the next few years until we hit steady-state EBITDA

said 20 May 2026 · from the words “post FY28”

SHADOWFAXsaid31 Mar 2028

for the next couple of years, we are giving a guidance of 100 basis points to 120 basis points in terms of improving profitability till FY28

said 20 May 2026 · from the words “FY28”

SHADOWFAXsaid31 Mar 2028

We stay true to our strategy of covering the entire country by FY28

said 20 May 2026 · from the words “FY28”

SPANDANAsaid31 Mar 2028

broadly, we are looking at a INR10,000 crores or thereabouts by March '28

said 31 Jul 2026 · from the words “March 2028”

SPANDANAsaid31 Mar 2028

our stated position is 3.5% kind of ROA is something that should be feasible in the kind of ROA tree that we have

said 31 Jul 2026 · from the words “FY28”

UTKARSHBNKsaid31 Mar 2028

Our estimate is that in FY '28, net NPA should be in the range you just mentioned... less than 1%. Within 1%. We have already reached ~3.3% net NPA in FY '26, and idea is to reach below 1% by FY '28.

said 15 May 2026 · from the words “FY28”

UTKARSHBNKsaid31 Mar 2028

We'll exit FY '28 above 15% ROE.

said 15 May 2026 · from the words “FY28”

VINCOFEsaid31 Mar 2028

We are targeting to around 60%-65% of the installed capacity.

said 10 Aug 2026 · from the words “FY28”

VINCOFEsaid31 Mar 2028

from July '27 onwards, commercial operations will definitely start. So, it will be around nine months of operations in FY28, during which we will utilize around 70% of the capacity.

said 29 May 2026 · from the words “FY28”

VINCOFEsaid31 Mar 2028

an additional debt component of around INR 300 crores will be added to the existing debt for FY28, along with INR 100 crores for working capital. That will be the peak debt level.

said 29 May 2026 · from the words “FY28”

VINCOFEsaid31 Mar 2028

the consolidation should be in the region of around 23%–24%, if I'm not mistaken.

said 10 Aug 2026 · from the words “FY28-FY29”

VINCOFEsaid31 Mar 2028

Out of INR 400 crores of debt, INR 300 crores is at a cost of around 5% to 6%, and INR 100 crores is in the range of 8.4%.

said 29 May 2026 · from the words “FY28”

VINCOFEsaid31 Mar 2028

we have taken Letters of Intent from a few customers, and they have agreed to pick up around 70% to 80% of the total installed capacity of freeze-dried coffee, subject to the quality and price.

said 10 Aug 2026 · from the words “FY28”

VINCOFEsaid31 Mar 2028

it should be in the region of around 20% to 21%. But going forward, in FY29, it will be much better. It should be in the region of around 22% to 24%.

said 29 May 2026 · from the words “FY28-FY29”

WAKEFITsaid31 Mar 2028

Jumbo the first store will come up only in early FY '28, which is April, May of next year as per our today's projection

said 28 May 2026 · from the words “early FY28”

WAKEFITsaid31 Mar 2028

Only one is coming up early next year and second one later next year

said 28 May 2026 · from the words “FY28”

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