Kotyark Industries Secures ₹173.45 Crore Biodiesel Allocation from OMCs
Kotyark Industries Limited has secured a total biodiesel allocation worth ₹173.45 crore from three major Oil Marketing Companies (OMCs) — Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL).
The company announced the development on August 12, 2026, stating that the allocation was received pursuant to the OMC tender and strengthens its participation in India’s biodiesel supply ecosystem.
₹173.45 Crore Biodiesel Allocation
According to the company’s press release, Kotyark Industries has received a combined biodiesel allocation of ₹173.45 crore from IOCL, BPCL and HPCL.
The allocation relates to supplies in Gujarat during June–August 2026. The execution period is 92 days from the Award of Contract (AOC), subject to the receipt of requisite indents/supply orders and applicable terms and conditions.
| Particular | Details |
|---|---|
| Company | Kotyark Industries Limited |
| Allocation | ₹173.45 crore |
| Customers | IOCL, BPCL and HPCL |
| Product | Biodiesel |
| Supply location | Gujarat |
| Supply period | June–August 2026 |
| Execution period | 92 days from Award of Contract |
| NSE Symbol | KOTYARK |
| BSE Scrip Code | 544726 |
Strengthens Relationship with Major OMCs
The latest allocation is significant for Kotyark Industries because it increases the company’s participation in the procurement ecosystem of some of India’s largest oil marketing companies.
Chairman and Managing Director Gaurang Rameshchandra Shah said the ₹173.45 crore allocation from IOCL, BPCL and HPCL represents an important milestone for the company. He added that the allocation provides an opportunity for Kotyark to demonstrate its manufacturing capabilities, execution discipline and focus on reliable and quality-driven supply.
The company also highlighted the growing opportunities emerging from India’s transition towards cleaner fuels and the increasing focus on biofuels.
Expanded Manufacturing Capacity and Multi-Feedstock Platform
Kotyark Industries said its expanded manufacturing capacity and flexible multi-feedstock platform position it to cater to different customer requirements.
The company operates a platform capable of processing approximately 10–15 different raw materials, depending on availability, pricing and procurement economics. These include Used Cooking Oil (UCO), acid oils and non-edible oils.
This flexibility allows the company to adapt its raw-material mix according to market conditions while supporting its biodiesel manufacturing operations.
Kotyark’s manufacturing facilities are located at Sirohi, Rajasthan, and Anand, Gujarat, supporting biodiesel production and value-added product capabilities.
Focus on Capacity Utilisation and Operational Efficiency
Management said the company remains focused on progressively improving capacity utilisation while maintaining operational efficiency and flexibility across its manufacturing operations.
Going forward, Kotyark Industries has identified several priorities, including disciplined execution of orders, strengthening customer relationships and improving utilisation of its manufacturing platform.
The company also intends to continue focusing on sustainable growth across the biodiesel value chain while leveraging its renewable-energy capabilities and existing manufacturing infrastructure.
Kotyark Industries’ Biodiesel Business
Kotyark Industries was incorporated in 2016 and is engaged in manufacturing biodiesel and value-added by-products.
The company has evolved from a biodiesel trading business into an integrated and scalable biodiesel manufacturing platform focused on renewable energy, sustainability and process efficiency.
Its customer base is divided into three key segments:
- Oil Marketing Companies (OMCs)
- Bulk buyers
- Industrial customers
The company’s biodiesel products are used for OMC blending, industrial fuel applications and other end uses.
Renewable Energy and Circular Economy Focus
Kotyark Industries’ business is positioned around India’s transition towards cleaner fuels and a circular economy.
The company’s use of waste-based feedstocks such as Used Cooking Oil (UCO) and non-edible oils supports its renewable-energy proposition.
The latest OMC allocation therefore provides an opportunity for the company to further participate in the growing biodiesel supply chain while utilising its existing manufacturing infrastructure.
Kotyark Industries has secured a ₹173.45 crore biodiesel allocation from IOCL, BPCL and HPCL, strengthening its position in the OMC biodiesel supply ecosystem.
With manufacturing facilities in Rajasthan and Gujarat, a multi-feedstock production platform and exposure to OMCs, bulk buyers and industrial customers, the company is positioning itself to benefit from the expanding focus on biodiesel and cleaner fuels.
The key factor for investors going forward will be the company’s ability to execute the allocation efficiently, improve capacity utilisation and convert the increased OMC engagement into sustainable revenue and profitability growth.