| Oil Country Tubular Goods (OCTG) | Manufacture of drill pipes, casings, tubings, drill collars, and related services including reconditioning and coating. | Integrated manufacturing facility, API licensing, strategic partnerships with global tubular service companies. | B2B primarily: Oil exploration companies, oilfield service providers, and energy majors globally. | Premium drill pipes and specialized tubular goods with API licensing. | 62 | 51 | Sales of tubular products to oil and gas sector companies domestically and internationally. | Contract-based sales with tender-driven pricing influenced by global steel and oil industry trends. | Rising oil exploration, government promotions for domestic manufacturing, and increased exports. | Drill Pipes, Heavy Weight Drill Pipes, Tubing, Casing |
| OCTG Services and Engineering | Field services, reconditioning, plastic coating, machining for defense and critical engineering sectors. | Reputed client base, government-linked contracts, growing engineering capabilities complementing tubular goods business. | B2B clients in oilfield services and diversified sectors like defense PSU (Midhani), aerospace, and power. | Machining and advanced engineering services under new business verticals. | 60 | 49 | Services contracts, long-term agreements including recently commenced defense machining services. | Service-based billing and contracts for machining, coating, and tubular maintenance. | Expansion into defense and critical engineering sectors; new capex investments supporting growth. | Internal Coating, Tool Joint Hardbanding, Machining Services |
