{ "source_name": "River", "canonical": "https://withriver.in/clock/2028-03", "description": "45 dated commitments from 24 NSE-listed companies falling due in March 2028, each with the company's own words and the filing it came from.", "method": "Every row is a date an Indian listed company stated in a filing with the NSE, resolved to a calendar day from the company's own words. The phrase the date was read out of is given as date_basis so the resolution can be checked. date_is_approximate is true where the company counted from a date it did not state -- 'within 18 months of the appointed date' -- in which case River counted from the filing date and marks it rather than presenting an estimate as a stated date. Nothing here says whether the commitment was met: a listed company must disclose winning an order, and amending or terminating one, but is not required to disclose completing one.", "license": "Free to quote and reproduce with attribution to River (withriver.in). Underlying documents are public filings of the National Stock Exchange of India.", "attribution": "River — withriver.in", "generated_at": "2026-10-28T15:22:00.127Z", "period": "2028-03", "period_label": "March 2028", "period_has_ended": false, "totals": { "commitments": 45, "companies": 24, "order_delivery_windows": 13, "management_statements": 32, "dates_resolved_from_an_assumed_anchor": 0, "value_inr_crore": 3110.06, "commitments_with_a_stated_value": 11 }, "commitments": [ { "symbol": "KRISHNADEF", "company_name": "Krishna Defence and Allied Industries Limited", "kind": "order", "said_on": "2026-08-01", "due_on": "2028-03-01", "date_basis": "Scheduled to be executed within a period of 19 months", "date_is_approximate": false, "statement": "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.", "value_text": "Rs. 20.00 Crore", "counterparty": "Ministry of Defence", "source_filing": "https://nsearchives.nseindia.com/corporate/KRISHNA_01082026160406_Reg_30_Bagging_of_ordersigned.pdf", "company_page": "https://withriver.in/won/KRISHNADEF" }, { "symbol": "RITES", "company_name": "RITES Limited", "kind": "order", "said_on": "2026-07-06", "due_on": "2028-03-06", "date_basis": "20 months", "date_is_approximate": false, "statement": "Supply and Commissioning of 4000 HP Cape Gauge Diesel Electric Locomotives. Awarded by Volantis Asset Finance (Pty) Ltd", "value_text": null, "counterparty": "Volantis Asset Finance (Pty) Ltd", "source_filing": "https://nsearchives.nseindia.com/corporate/RITES_06072026221656_Intimationsigned.pdf", "company_page": "https://withriver.in/won/RITES" }, { "symbol": "COMSYN", "company_name": "Commercial Syn Bags Limited", "kind": "order", "said_on": "2026-09-07", "due_on": "2028-03-07", "date_basis": "within a period of 18 months", "date_is_approximate": false, "statement": "Remuneration upto Rs. 10,00,000/- (Rupees Ten Lakhs) per month; and - Commission upto @ 2% of the net Profits of the Company.", "value_text": "Rs. 10,00,000/-", "counterparty": null, "source_filing": "https://nsearchives.nseindia.com/corporate/COMSYN1984_07092026143332_SE_letter__AGM_NOTICE.pdf", "company_page": "https://withriver.in/won/COMSYN" }, { "symbol": "DBL", "company_name": "Dilip Buildcon Limited", "kind": "order", "said_on": "2026-03-11", "due_on": "2028-03-11", "date_basis": "within 24 months", "date_is_approximate": false, "statement": "Receipt of Letter of Intent (LOI) by Dilip Buildcon Limited for acquisition of 100% equity shares of the Project SPV and to act as", "value_text": "₹ 1,850 Crore", "counterparty": "REC Power Development and Consultancy Limited", "source_filing": "https://nsearchives.nseindia.com/corporate/DBL_11032026114556_Announcement.pdf", "company_page": "https://withriver.in/won/DBL" }, { "symbol": "VASCONEQ", "company_name": "Vascon Engineers Limited", "kind": "order", "said_on": "2026-03-11", "due_on": "2028-03-11", "date_basis": "work has to be completed within 24 months", "date_is_approximate": false, "statement": "The work has to be completed within 24 months from the date of issue of work order.", "value_text": "Rs. 115,90,28,904/-", "counterparty": "Ahmedabad Municipal Corporation", "source_filing": "https://nsearchives.nseindia.com/corporate/VASCONEQ_11032026163946_11032026LetterofIntent.pdf", "company_page": "https://withriver.in/won/VASCONEQ" }, { "symbol": "ABINFRA", "company_name": "A B Infrabuild Limited", "kind": "order", "said_on": "2026-03-13", "due_on": "2028-03-13", "date_basis": "24 Months", "date_is_approximate": false, "statement": "Awarding of order(s)/contract(s) — A B Infrabuild Limited has informed the Exchange about Awarding of order(s)/contract(s)", "value_text": "Rs. 66,96,24,916.57", "counterparty": "East Coast Railways, Indian Railways", "source_filing": "https://nsearchives.nseindia.com/corporate/ABINFRA_13032026163329_Intimation.pdf", "company_page": "https://withriver.in/won/ABINFRA" }, { "symbol": "ABINFRA", "company_name": "A B Infrabuild Limited", "kind": "order", "said_on": "2026-03-17", "due_on": "2028-03-17", "date_basis": "24 Months", "date_is_approximate": false, "statement": "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…", "value_text": "Rs. 48,67,75,280.22", "counterparty": "East Coast Railways, Indian Railways", "source_filing": "https://nsearchives.nseindia.com/corporate/ABINFRA_17032026164234_Intimation.pdf", "company_page": "https://withriver.in/won/ABINFRA" }, { "symbol": "PURVA", "company_name": "Puravankara Limited", "kind": "order", "said_on": "2026-03-17", "due_on": "2028-03-17", "date_basis": "24 Months", "date_is_approximate": false, "statement": "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…", "value_text": "₹ 280.35 Crores", "counterparty": "Vellore Institute of Technology", "source_filing": "https://nsearchives.nseindia.com/corporate/PURVA_17032026112003_SEintimation.pdf", "company_page": "https://withriver.in/won/PURVA" }, { "symbol": "HILINFRA", "company_name": "Highway Infrastructure Limited", "kind": "order", "said_on": "2026-03-19", "due_on": "2028-03-19", "date_basis": "2 Years", "date_is_approximate": false, "statement": "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.", "value_text": "₹14.60 crore", "counterparty": "Sacham Highway Real Estates Private Limited", "source_filing": "https://nsearchives.nseindia.com/corporate/HIGHWAY123_19032026174300_HIL_Sacham_WO_19032026_Reg30.pdf", "company_page": "https://withriver.in/won/HILINFRA" }, { "symbol": "BCPL", "company_name": "BCPL Railway Infrastructure Limited", "kind": "order", "said_on": "2026-09-23", "due_on": "2028-03-23", "date_basis": "within 18 months", "date_is_approximate": false, "statement": "BCPL Railway Infra bags Rs. 6.22 crores work under Howrah division of Eastern Railway", "value_text": "Rs. 6.22 crores", "counterparty": null, "source_filing": "https://nsearchives.nseindia.com/corporate/BCPL_23092026175604_cantilever23092026.pdf", "company_page": "https://withriver.in/won/BCPL" }, { "symbol": "3IINFOLTD", "company_name": "3i Infotech Limited", "kind": "order", "said_on": "2026-03-26", "due_on": "2028-03-26", "date_basis": "2 Years", "date_is_approximate": false, "statement": "The total value of work order is approximately ₹8.76 crores (exclusive of applicable taxes).", "value_text": "₹8.76 crores", "counterparty": "Mahanagar Gas Limited", "source_filing": "https://nsearchives.nseindia.com/corporate/3IINFOTECHLTD_26032026164601_41-15151_3i_Infotech_Digital_BPS_Limited_Signed.pdf", "company_page": "https://withriver.in/won/3IINFOLTD" }, { "symbol": "DBL", "company_name": "Dilip Buildcon Limited", "kind": "order", "said_on": "2026-03-28", "due_on": "2028-03-28", "date_basis": "24 Months", "date_is_approximate": false, "statement": "“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", "value_text": "INR 698.49 Cr", "counterparty": "Narmada Water Resources Water Supply & Kalpasar Department", "source_filing": "https://nsearchives.nseindia.com/corporate/DBL_28032026135001_LOAIntimationNWRWS.pdf", "company_page": "https://withriver.in/won/DBL" }, { "symbol": "AEROFLEX", "company_name": null, "kind": "statement", "said_on": "2026-07-30", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "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", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/AEROFLEX" }, { "symbol": "ANNAPURNA", "company_name": null, "kind": "statement", "said_on": "2026-08-24", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "Madhur Confectionery is expected to contribute ~₹200 Cr in Revenue and ~₹16 Cr in PAT in FY28", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/ANNAPURNA" }, { "symbol": "ANNAPURNA", "company_name": null, "kind": "statement", "said_on": "2026-08-24", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "Targeting revenues of ~₹1,100 Cr and PAT of ~₹100 Cr by FY28, supported by a well-defined execution roadmap", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/ANNAPURNA" }, { "symbol": "ANNAPURNA", "company_name": null, "kind": "statement", "said_on": "2026-08-24", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "The Company is expected to contribute ~₹120 Cr in revenue and ~₹6 Cr in PAT by FY28.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/ANNAPURNA" }, { "symbol": "ANNAPURNA", "company_name": null, "kind": "statement", "said_on": "2026-08-26", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "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.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/ANNAPURNA" }, { "symbol": "EPACK", "company_name": null, "kind": "statement", "said_on": "2026-05-27", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "from FY 27-28 onwards, we will definitely see this company in green", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/EPACK" }, { "symbol": "EPACKPEB", "company_name": null, "kind": "statement", "said_on": "2026-08-06", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "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", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/EPACKPEB" }, { "symbol": "INTERARCH", "company_name": null, "kind": "statement", "said_on": "2026-08-14", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "we are aiming for 9.5% to 10% in '27-'28", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/INTERARCH" }, { "symbol": "INTERARCH", "company_name": null, "kind": "statement", "said_on": "2026-08-14", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "we want to revise our projections for '27-'28 to INR2,700 crores from INR2,500 crores.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/INTERARCH" }, { "symbol": "KSB", "company_name": "Ksb Limited", "kind": "order", "said_on": "2026-09-29", "due_on": "2028-03-31", "date_basis": "Between September 2027 to March 2028", "date_is_approximate": false, "statement": "This is to inform that KSB Limited has received a significant export order from Dangote", "value_text": null, "counterparty": "Dangote Projects Free Zone Enterprise", "source_filing": "https://nsearchives.nseindia.com/corporate/KSB_29092026203012_KSB_Intimation_Dangote_29_09_2026_final_revised.pdf", "company_page": "https://withriver.in/won/KSB" }, { "symbol": "PARACABLES", "company_name": null, "kind": "statement", "said_on": "2026-05-28", "due_on": "2028-03-31", "date_basis": "by FY28", "date_is_approximate": false, "statement": "The approval is also we expect for this product by FY28.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/PARACABLES" }, { "symbol": "PARACABLES", "company_name": null, "kind": "statement", "said_on": "2026-05-28", "due_on": "2028-03-31", "date_basis": "FY28–FY29", "date_is_approximate": false, "statement": "We are targeting sales of approximately INR 500 crores from Narmadapuram in FY28, which will scale up to INR 1,200 crores in FY29.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/PARACABLES" }, { "symbol": "PARACABLES", "company_name": null, "kind": "statement", "said_on": "2026-05-28", "due_on": "2028-03-31", "date_basis": "by FY28", "date_is_approximate": false, "statement": "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.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/PARACABLES" }, { "symbol": "PGEL", "company_name": null, "kind": "statement", "said_on": "2026-05-30", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "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.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/PGEL" }, { "symbol": "PGEL", "company_name": null, "kind": "statement", "said_on": "2026-05-30", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "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.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/PGEL" }, { "symbol": "PNGJL", "company_name": null, "kind": "statement", "said_on": "2026-08-04", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "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.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/PNGJL" }, { "symbol": "SHADOWFAX", "company_name": null, "kind": "statement", "said_on": "2026-07-31", "due_on": "2028-03-31", "date_basis": "by FY28", "date_is_approximate": false, "statement": "Added 700+ pincodes; full national coverage by FY28", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/SHADOWFAX" }, { "symbol": "SHADOWFAX", "company_name": null, "kind": "statement", "said_on": "2026-05-20", "due_on": "2028-03-31", "date_basis": "post FY28", "date_is_approximate": false, "statement": "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", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/SHADOWFAX" }, { "symbol": "SHADOWFAX", "company_name": null, "kind": "statement", "said_on": "2026-05-20", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "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", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/SHADOWFAX" }, { "symbol": "SHADOWFAX", "company_name": null, "kind": "statement", "said_on": "2026-05-20", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "We stay true to our strategy of covering the entire country by FY28", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/SHADOWFAX" }, { "symbol": "SPANDANA", "company_name": null, "kind": "statement", "said_on": "2026-07-31", "due_on": "2028-03-31", "date_basis": "March 2028", "date_is_approximate": false, "statement": "broadly, we are looking at a INR10,000 crores or thereabouts by March '28", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/SPANDANA" }, { "symbol": "SPANDANA", "company_name": null, "kind": "statement", "said_on": "2026-07-31", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "our stated position is 3.5% kind of ROA is something that should be feasible in the kind of ROA tree that we have", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/SPANDANA" }, { "symbol": "UTKARSHBNK", "company_name": null, "kind": "statement", "said_on": "2026-05-15", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "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.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/UTKARSHBNK" }, { "symbol": "UTKARSHBNK", "company_name": null, "kind": "statement", "said_on": "2026-05-15", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "We'll exit FY '28 above 15% ROE.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/UTKARSHBNK" }, { "symbol": "VINCOFE", "company_name": null, "kind": "statement", "said_on": "2026-08-10", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "We are targeting to around 60%-65% of the installed capacity.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/VINCOFE" }, { "symbol": "VINCOFE", "company_name": null, "kind": "statement", "said_on": "2026-05-29", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "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.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/VINCOFE" }, { "symbol": "VINCOFE", "company_name": null, "kind": "statement", "said_on": "2026-05-29", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "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.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/VINCOFE" }, { "symbol": "VINCOFE", "company_name": null, "kind": "statement", "said_on": "2026-08-10", "due_on": "2028-03-31", "date_basis": "FY28-FY29", "date_is_approximate": false, "statement": "the consolidation should be in the region of around 23%–24%, if I'm not mistaken.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/VINCOFE" }, { "symbol": "VINCOFE", "company_name": null, "kind": "statement", "said_on": "2026-05-29", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "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%.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/VINCOFE" }, { "symbol": "VINCOFE", "company_name": null, "kind": "statement", "said_on": "2026-08-10", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "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.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/VINCOFE" }, { "symbol": "VINCOFE", "company_name": null, "kind": "statement", "said_on": "2026-05-29", "due_on": "2028-03-31", "date_basis": "FY28-FY29", "date_is_approximate": false, "statement": "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%.", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/VINCOFE" }, { "symbol": "WAKEFIT", "company_name": null, "kind": "statement", "said_on": "2026-05-28", "due_on": "2028-03-31", "date_basis": "early FY28", "date_is_approximate": false, "statement": "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", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/WAKEFIT" }, { "symbol": "WAKEFIT", "company_name": null, "kind": "statement", "said_on": "2026-05-28", "due_on": "2028-03-31", "date_basis": "FY28", "date_is_approximate": false, "statement": "Only one is coming up early next year and second one later next year", "value_text": null, "counterparty": null, "source_filing": null, "company_page": "https://withriver.in/won/WAKEFIT" } ], "other_months": [ { "period": 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