Sprintex (SIX) Lands US$321K Indian Order Success

Sprintex Limited (ASX: SIX) Reports New Orders in Indian Wastewater Sector

Sprintex Limited (ASX: SIX) reports significant business development in India’s wastewater treatment sector, securing US$321,000 (A$489,000) in new purchase orders from its exclusive distributor, Euroteck Environmental. This achievement reflects accelerating market traction following the introduction of the company’s advanced GR Series Jet Blowers and their commissioning at the Delhi Jal Board’s 45 MGD Kondli Sewage Treatment Plant. The Sprintex Euroteck orders position the company to engage with opportunities across India’s expanding wastewater infrastructure market.

The recent business update, an important ASX announcement for investors, follows product demonstrations at IFAT Mumbai 2025. Here, the company presented its next-generation GR Series blowers, which are reported to deliver 20% higher efficiency and 80,000-hour oil-free operation. These technological advancements enable Sprintex to compete for larger municipal contracts, with individual project values potentially reaching up to US$500,000.

Company Overview:

Company: Sprintex Limited

ASX Code: SIX

Market Capitalisation: A$35.6 million

Sector: Clean Energy Technology / Industrial Equipment

Financial Performance and Revenue Pipeline

The US$321,000 in secured Sprintex Euroteck orders represents immediate revenue conversion for Sprintex, reinforcing India’s position as the company’s second-largest market after Turkey. The company has established a revenue pipeline through its exclusive partnership with Euroteck Environmental, extending through 2027. This investor update highlights the company’s progress.

The partnership’s minimum commitment of 3,000 G-Series Jet Blowers over three years provides revenue visibility. Furthermore, the introduction of higher-capacity GR Series units enables Sprintex to target larger municipal projects, with individual contract values ranging from US$200,000 to US$500,000 each. This represents a four to five times increase in typical project values compared to G15-based applications.

What Technology Advantages Support Sprintex’s Market Success?

Sprintex’s competitive advantage is derived from its ultra-high-speed electric motor technology, which is designed to deliver operational and environmental benefits over traditional wastewater treatment solutions. The company’s oil-free jet blower technology addresses operational challenges faced by municipal and industrial facilities throughout India and globally.

Technical Features:

• Reported 20% higher efficiency compared to comparable turbo blowers
• Oil-free operation, aiming to eliminate contamination risks and reduce maintenance costs
• Reported 80,000-hour maintenance-free operation, which may reduce total cost of ownership
• Integration with Euroteck’s IntelHydro™ AI-based IoT monitoring platform
• Real-time performance insights and energy consumption tracking
• Aims to enhance ESG compliance through a reduced carbon footprint

The technology’s effectiveness has been supported by installations, including a reported 99% first-year return on investment and 72% energy reduction at SEA LIFE Sunshine Coast. These results provide information for municipal and industrial customers seeking to reduce operational expenses whilst improving sustainability outcomes.

How Does the Delhi Jal Board Installation Confirm Performance?

The Delhi Jal Board’s selection of Sprintex technology for the 45 MGD Kondli Sewage Treatment Plant indicates recognition from one of India’s largest municipal water authorities. This installation functions as a reference project for future large-scale tenders across the Delhi region.

Installation Details:

• Seven GR90 (90kW) units successfully commissioned
• Deployment at one of India’s largest wastewater facilities
• Performance data collection informs future DJB tender specifications
• Demonstration of energy efficiency under Indian operating conditions
• Expected to contribute to adoption across multiple new DJB projects

The Kondli installation positions Sprintex as a supplier for Delhi’s expanding wastewater infrastructure needs. With several major DJB tenders anticipated “in the coming weeks,” this reference installation provides competitive advantages in securing additional municipal contracts, with individual values in the hundreds of thousands of dollars.

What Opportunities Exist in India’s Wastewater Treatment Market?

India’s investment in wastewater infrastructure continues to grow, driven by the Smart Cities Mission and Ganga Rejuvenation Program. These government initiatives create long-term opportunities for Sprintex’s clean energy technology solutions across municipal, industrial, and pharmaceutical sectors.

Near-Term Growth Factors:

• Multiple Delhi Jal Board tenders expected within weeks
• US$1.357M weighted project pipeline across a dozen opportunities
• GR Series introduction enabling access to larger municipal contracts
• Expanding addressable market with higher-capacity systems
• Reference installations demonstrating operational reliability

Market Diversification:

• Turkey: Primary market with established operations
• India: Second-largest market with rapid expansion
• Australia: Domestic market with proven case studies
• Global expansion: Targeting multinational industrial customers

Why May Corporations Choose Sprintex Wastewater Solutions?

Corporations including Hershey’s Chocolate India are increasingly selecting Sprintex technology to enhance wastewater treatment efficiency and reduce operational costs. In coming weeks, two G25-820 Sprintex Jet Blowers are planned for supply to Hershey’s India factory operations, supporting on-site treatment and energy optimisation.

Corporate Adoption Factors:

• Measurable OPEX savings through reduced energy consumption
• Carbon footprint reduction, supporting ESG compliance
• Reduced contamination risk from oil-free operation
• High performance with reported 80,000-hour maintenance cycles
• Integration with advanced monitoring systems
• Demonstrated reliability in demanding industrial environments

The company’s oil-free design aims to mitigate contamination risks that can occur with oil-lubricated systems, making it suitable for sensitive applications in food processing and municipal water treatment facilities. These installations indicate Sprintex’s position as a provider for organisations pursuing measurable operational and environmental improvements.

How Does the GR Series Expand Market Reach?

The introduction of GR Series (22-300 kW) blowers represents an expansion of Sprintex’s addressable market. These next-generation systems enable the company to compete for large-scale municipal installations, potentially increasing project values.

GR Series Specifications:

• Power range: 22-300 kW capacity
• Efficiency: Reported 20% higher than comparable turbo blowers
• Maintenance-free operation: Reported 80,000 hours
• Oil-free technology, aiming to reduce contamination risks
• Scalable for large municipal wastewater facilities

Market Expansion Benefits:

• Access to municipal contracts potentially worth US$200K-US$500K each
• Enhanced competitive positioning in large-scale tenders
• Integration with AI-enabled monitoring platforms
• Demonstrated performance at Kondli reference site
• Scalable technology platform for international markets

Industry interest was noted at IFAT Mumbai 2025, suggesting demand for high-capacity, energy-efficient wastewater treatment solutions. This positions Sprintex to gain market share as India’s municipalities modernise infrastructure to meet growing urban populations and environmental standards.

What Revenue Impact May Result from Recent Sprintex Euroteck Orders?

The new purchase orders support Euroteck’s progress towards its US$4.56M (A$6.95M) three-year commitment, with recurring orders indicating growing market confidence in Sprintex’s technology. This success with Sprintex Euroteck orders validates the partnership model and supports scalability across India’s diverse wastewater sector.

Revenue Progression Indicators:

• Immediate recognition of US$321K in secured orders
• Pipeline conversion expected to support sustained quarterly growth

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