Affordable Robotic & Automation Limited (NSE: AFFORDABLE, BSE ScripCode: 541402) announced that its subsidiary, ARAPL RaaS Private Limited (Humro), has secured an international contract valued at approximately Rs.51.8 crore.
- The order was awarded by England-based ULTRA GLOBAL LIMITED on November 4, 2026.
- The contract entails the supply of 103 autonomous robots for an order value of 518000000 (approx. USD 5.47 million).
- Delivery is scheduled by April 30, 2027, or a mutually agreed timeline.
- The contract is in the ordinary course of business and is not a related party transaction.
The Rs 51. 8 crore order is significant relative to ARAPL's annual revenue (~Rs 117. 7 crore in FY26) and market cap (~Rs 228 crore).
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