What Repono does

Repono Limited is a Mumbai-headquartered, publicly listed (BSE: 544463) infrastructure company specializing in warehousing and liquid terminal solutions for India's oil and petrochemical sector. Founded in 2017, the company designs, develops, and operates rail-fed multi-user open-access storage terminals capable of handling Motor Spirit, High-Speed Diesel, and Ethanol. Its core technology centers on rail-fed terminal infrastructure that enables efficient bulk fuel logistics, with the Mathura facility in western Uttar Pradesh — operated through step-down subsidiary Repono Mathura Terminal Private Limited — representing the flagship greenfield project under a 20-year agreement with Reliance Industries.

The business model combines capital-intensive infrastructure development (full EPC execution) with long-term operations and maintenance contracts, generating recurring revenue through multi-decade engagements. Repono secures enterprise customers through direct sales targeting oil marketing companies, both private and PSU, and is expanding internationally via REPONO GW Company, a wholly-owned subsidiary incorporated in Saudi Arabia in February 2026, alongside a Saudi joint venture. FY26 financial performance shows total income of Rs. 66.45 crore, representing 28.80% year-over-year growth, with EBITDA of Rs. 11.15 crore and net profit of Rs. 6.58 crore.

Customer concentration is anchored by Reliance Industries as the primary contract counterparty, though the multi-user open-access design of terminals is intended to onboard additional oil marketing companies over time. The company employs 501-1,000 staff and distributes services through direct enterprise engagement rather than broad marketing channels, with visibility primarily driven by press coverage of contract wins. Geographic footprint is expanding from India-centric operations into the Middle East, positioning Repono as a specialized energy logistics infrastructure operator with a long-duration revenue model tied to multi-year contractual commitments.

Name

Repono

Legal name

Repono Limited

Website

https://repono.in

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Repono Limited is a publicly listed Indian infrastructure company that designs, builds, and operates rail-fed petroleum, diesel, and ethanol storage terminals for oil marketing companies under long-term contracts, anchored by Reliance Industries and expanding into Saudi Arabia.

Ownership category

akta.pro rank

Product category

Petroleum Storage and Liquid Terminal Infrastructure

NAICS

Pipeline Transportation of Refined Petroleum Products (486910), Pipeline Transportation of Refined Petroleum Products (48691)

SIC

Pipe Lines (No Natural Gas) (4610), Wholesale-Petroleum Bulk Stations & Terminals (5171)

akta.pro primary industry

Refined Products Tank Farms & Terminals (TLAGAKAB)

akta.pro secondary industry

Ethanol / Biofuels (Blending Components) Pipeline Transportation (TLAGABAI)

Keywords

• Petroleum storage terminals
• Liquid terminal infrastructure
• Oil warehousing services
• Fuel storage infrastructure
• Terminal operations

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Terminal Infrastructure Development & Operations: Repono handles complete Engineering, Procurement and Construction (EPC) phase followed by long-term Operations and Maintenance of storage terminals. Revenue is generated through multi-decade contractual arrangements with anchor customers like Reliance Industries, with multi-user facilities serving additional oil marketing companies on an open-access basis.
2. Warehousing and Liquid Terminal Solutions: The company provides specialized warehousing and liquid terminal infrastructure to India's oil and petrochemical sector, generating recurring revenue from storage and handling services.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Repono develops and operates rail-fed petroleum storage terminals and provides liquid terminal solutions for India's oil and petrochemical sector. The terminals handle Motor Spirit, High-Speed Diesel, and Ethanol as multi-user open-access facilities, with the company executing the full Engineering, Procurement and Construction (EPC) phase followed by long-term Operations and Maintenance under multi-decade contracts with anchor customers such as Reliance Industries.

Product overview

Repono is an infrastructure and logistics company that provides warehousing and liquid terminal solutions to India's oil and petrochemical sector. The company operates a portfolio of specialized services including petroleum storage terminals, EPC services for greenfield terminal development, and long-term operations and maintenance. Its core offerings include rail-fed multi-user storage terminals handling Motor Spirit, High-Speed Diesel, and Ethanol, with a step-down subsidiary (Repono Mathura Terminal Private Limited) operating the Mathura terminal and a Saudi Arabia subsidiary (REPONO GW Company) supporting international expansion through a joint venture.

Differentiator

Problem solved

Functional benefit

Products and services

• Warehousing and Liquid Terminal Solutions

Quantifiable outcome

• 28.80% year-over-year revenue growth (FY26 income hit Rs. 66.45 crore)
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered flagship and core.

• Reliance Industries LimitedflagshipStrategic or Co-development Partner · 16 June 2026Repono has signed a landmark 20-year, multi-crore agreement with Reliance Industries to develop and operate a greenfield rail-fed petroleum oil terminal in western Uttar Pradesh. Repono handles complete EPC phase followed by full Operations and Maintenance responsibility through its dedicated SPV, Repono Mathura Terminal Private Limited. The terminal handles Motor Spirit, High-Speed Diesel, and Ethanol, serving RIL and other private and PSU oil marketing companies.
• Saudi Arabian Joint Venture PartnercoreStrategic or Co-development Partner · 24 February 2026Repono disclosed the formation of a joint venture in Saudi Arabia alongside the incorporation of subsidiary REPONO GW Company. This represents strategic expansion into the Gulf region for the warehousing and terminal infrastructure business.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Royal Vopak: Vopak is the world's largest independent tank storage operator with terminals for oil, chemicals and gases globally. Comparable to Repono as a global reference set for liquid terminal economics, fee structures, and multi-user open-access design.
• Oiltanking: Oiltanking is a global independent tank storage provider for petroleum, chemicals and gases. Useful as a global benchmark for tank-farm throughput economics and contract structures relevant to Repono's terminal model.

Direct peers

• Petronet LNG: Petronet LNG operates India's largest LNG import terminals under long-term infrastructure contracts. Comparable to Repono as an Indian energy terminal operator monetizing specialized storage infrastructure under long-duration offtake agreements.
• Aegis Logistics: Aegis Logistics is an Indian liquid logistics and LPG terminal operator with tank farms and pipelines. It is the most direct Indian competitor to Repono in petroleum liquid storage and terminal infrastructure.
• Confidence Petroleum: Confidence Petroleum is an Indian player in LPG bottling, storage and distribution infrastructure. Comparable to Repono as an India-focused mid-cap infrastructure operator serving downstream fuel logistics customers.

Peers

• Gujarat State Petronet:

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Repono