| Ancillary Infra - Bitumen & Allied | Manufacturing and trading of bitumen and allied products used in infrastructure and construction projects. | Integrated manufacturing and distribution network; strong brand presence; consistent quality. | B2B clients including road contractors, government PSUs, and industrial firms. | Polymer modified bitumen and emulsions. | 1713 | 71 | Sales revenue from bitumen products to road construction and industrial customers. | Transactional sales based on volume and product specifications. | Government road building programs and increased demand for modified bitumen products. | Paving Grade Bitumen, Industrial Grade Bitumen, Crumb Rubber Modified Bitumen, Bitumen Emulsions, Polymer Modified Bitumen |
| Petroleum Vessels Operating and Chartering | Importing raw bitumen, third party vessel chartering for bulk liquid cargo transportation. | Owned fleet reduces reliance on third-party shipping, enabling competitive delivery and cost efficiency. | Oil refineries, intermediaries, and industrial transport clients (B2B). | Direct vessel chartering contracts and owned fleet cost advantages. | 253 | 11 | Freight and chartering income from shipping operations. | Contract-based vessel charter fees; logistics service charges. | Increasing imports of bitumen and maritime logistics demand. | Shipping vessels fleet including 'Bitumen Princess' and 10 other large vessels |
| Petroleum Products | Trading of petroleum-related products. | | Industrial customers and retailers (B2B/B2C). | | 74 | 3 | Sales revenue from petroleum products trading. | Market-driven commodity trading. | Market demand for petroleum-related products. | |
| Logistics | Transportation of bitumen, LPG, LSHS via owned and contracted tanker fleets; petrol pump operations and vehicle service centers. | Large specialized tanker fleet; authorized service centers for efficient fleet upkeep. | Oil companies like HPCL, BPCL, IOCL and industrial LPG users (B2B). | LPG transport and fleet maintenance services. | 78 | 3 | Contract logistics service fees and fuel sales. | Contractual agreements on logistics and fuel supply. | Growth in fuel and LPG demand and infrastructure projects. | |
| Windmill | Generation of renewable energy through wind turbines. | Emerging segment providing diversification and sustainability credentials. | Energy sector and power distribution companies (B2B). | | 1 | 0 | Sale of generated electricity to grid or governed utilities. | Power purchase agreements and feed-in tariffs. | Government incentives for renewable energy and energy shortages. | |
