Expo Engineering and Projects Ltd (EXPOEAPL) Share Price & Fundamentals

What we do

Expo Engineering and Projects Ltd manufactures process plant equipment like pressure vessels, heat exchangers, and storage tanks, serving oil, petrochemical, and chemical industries.

Founded in

1,982

Market share

Trusted partner with marquee clients like Indian Oil Corporation, BPCL; exports to UK, Bangladesh; recognized for engineering excellence.

Problem solved

Provides customized, heavy engineering solutions addressing storage and processing needs in oil, petroleum, and chemical sectors, enhancing safety and efficiency.

Top clients or who we serve

B2B; serves major oil companies and refineries including Indian Oil Corporation, Bharat Petroleum, Hindustan Petroleum, and petrochemical firms.

Key management

Chairman: Murtuza S. Mewawala; Managing Director: Hasanain S. Mewawala; Executive Director: Sajjadhussein M. Nathani.

Our journey and innovations

Started with LPG cylinders in 1982; expanded to complex process equipment; diversified into project engineering and fabrication; upgraded facilities to serve exotic metals.

Where we operate

India-wide presence across 11+ states; exports to Bangladesh, UK, Ireland, Indonesia, Russia, Israel, USA.

Top products or what we offer

Manufactures LPG cylinders, pressure vessels, heat exchangers, storage tanks, fixed/floating roof tanks, Horton spheres; offers design to installation services.

Top brands

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Raw materials needed

Carbon steel, stainless steel, alloy steels including inconel, monel, hastelloy, and cladded steels.

Raw materials supplier

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Recurring vs cyclical contribution

Revenue is primarily project-based but includes recurring maintenance and inspection services.

Our industry position

Leader in heavy engineering for petroleum and chemical plants with long-term client relationships and significant export footprint.

Financial highlights

FY25 revenue Rs 114.74 crore; PAT Rs 3.18 crore; EBITDA margin approx 7.26%; consistent profit growth from FY23 to FY25.

Geographical revenue split

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Order book

Recent order book includes Rs 25.62 crore from BPCL Mahul and Rs 26.09 crore from IOCL Mumbai refinery projects.

Whats driving growth

Rising oil demand, government strategic petroleum reserves expansion, and refinery capacity growth drive demand for heavy engineering solutions.

Our future plans

Expand into exotic metal equipment manufacturing, upgrade facilities for higher capacity, broaden client base beyond oil & gas to chemicals and steel.

Our green promise

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Our people and values

43 employees with a focus on safety and quality; committed to corporate governance and employee engagement.

Key challenges ahead

Raw material cost volatility, regulatory compliance, and competition in specialized heavy engineering segments.

Interesting facts

Founded by an IIT Bombay alumnus in 1982; evolved from LPG cylinders to high-value process engineering solutions over four decades.

Risks and strategy

Mitigates operational and financial risks through disciplined project execution, cost control, and diversification of client sectors.