| Steel Pipes & Tubes | Manufacture of hot finished seamless pipes, cold drawn tubes, ERW pipes for oil & gas, infrastructure, automotive and industrial uses | Technology collaboration with German firm, exclusive supply MoUs, API certifications, strong domestic market share | B2B including Oil India, ONGC, industrial manufacturers, infrastructure projects | Premium pipes and connections, subsea sour service seamless pipes | 5168 | 98 | Sales of steel pipes and tubes with contracts from public and private sectors | Contract-based sales with price linked to steel market rates | Oil & gas exploration activities, infrastructure development, import substitution policies | Maharashtra Seamless seamless pipes, ERW Pipes, Premium Connections |
| Power - Electricity | Renewable energy generation via solar and wind power plants for captive consumption and sale | Captive power plants reduce operational costs and improve margins | Internal captive consumption and industrial clients | Solar energy generation | 28 | 1 | Energy sales and cost savings from captive power generation | Long-term tariff agreements and cost saving benefits | Growing emphasis on sustainability and government incentives for renewable power | Captive Solar Plants, Wind Power Installations |
| RIG | Rig chartering and drilling operations services mainly in oil & gas sector | API certification, exclusive rig operation contracts, strategic fleet positioning | Oil and gas drilling companies | Rig operations | 69 | 1 | Long-term contract revenue from rig deployment and operations | Contract-based charter rates over multi-year periods | Increasing offshore drilling activities and oil & gas sector investments | API Certified Offshore Jack-up Drilling Rig |
| Others | Manufacturing of pipe fittings, coated pipes, and other ancillary products | Established supply chains and quality certifications | Industrial and infrastructure clients | Premium coatings and connections | 201 | 4 | Product sales mainly B2B | Standard sales pricing | Infrastructure growth and pipe system demand | Pipe Fittings, Coated Pipes, Premium Connection Pipes |
