Shivam Pipes, Subsidiary of KD Green Industries, Secures ₹31.55 Crore Orders for Infrastructure Poles

Shivam Pipes, Subsidiary of KD Green Industries, Secures ₹31.55 Crore Orders for Infrastructure Poles​

Shivam Pipes, a subsidiary of KD Green Industries Limited (previously Manbro Industries Limited), has secured orders aggregating ₹31.55 Crore for the supply of Galvanized Steel Tubular Poles. The supplies are destined for various electricity boards and Bharat Sanchar Nigam Limited (BSNL) in the North Eastern region.

The orders were secured through the execution of power distribution and telecom infrastructure projects for government agencies and respective utilities. This substantial business development provides strong near-term revenue visibility for the company.

The total order value is broken down as follows:


These orders were received covering the period from January 1, 2026, to March 31, 2026, with an anticipated delivery timeline of one to four months.

Key Market Opportunities in North East India​

The North Eastern region is emerging as a high-growth corridor driven by strategic government investments in both power and telecommunications infrastructure.

Power Infrastructure:
The sector benefits from significant government initiatives, including large-scale investments in transmission and distribution, coupled with substantial potential from hydropower and renewable energy sources. There remains a continued focus on rural electrification and grid strengthening.

Telecom Infrastructure:
A major emerging opportunity involves the shift from underground to overhead fiber deployment in the challenging terrains of North East India. The adoption of overhead fiber infrastructure is accelerating due to difficult terrain, high rainfall, and maintenance challenges associated with underground systems. This shift mandates the extensive use of galvanized steel poles, creating a scalable demand segment for tubular poles.

Company Position and Capacity​

Shivam Pipes, which operates under the 'XTech' brand, is a leading manufacturer of steel pipes and galvanized tubular poles. The company maintains a strong vendor position, being registered with multiple electricity utilities across the North Eastern states, as well as with BSNL for the supply of its specialized poles.

KD Green Industries Limited (formerly Manbro Industries Limited) is part of the KD Group, which functions as an integrated conglomerate. The group's interests include the manufacturing of AAC blocks under the 'Green AAC Block' brand, pipes and poles under the 'XTech' brand, and establishing infrastructure steel fabrication units. Shivam Pipes currently possesses a capacity of 36,000 MT per annum.

Stock Price Movement​

Manbro Industries Ltd shares settled at ₹87.34 on Thursday, ticking up 0.01% for the session. The stock moved within a contained intraday range, dipping to ₹87.34 and reaching an intraday peak of ₹87.95.