Synopsis:
CFF Fluid Control Ltd. received an LOI worth ₹11.69 crore from the Indian Navy for supplying equipment under the P75 Project. The domestic order is to be completed by March 2026.
The shares of a Defence company, specializing in providing advanced technology and engineering solutions for the defence industry in India, jumped upto 2 percent upon receiving a Letter of Intent (LOI) worth approximately Rs. 11.69 crore (including tax) from the Indian Navy’s Material Organisation.
With a market capitalization of Rs. 1,314.45 crores on Tuesday, the shares of CFF Fluid Control Limited jumped upto 1.56 percent, making a high of Rs. 641.00 compared to its previous close of Rs. 631.10.
What happened
CFF Fluid Control Limited, engaged in providing advanced technology and engineering solutions for the defence industry in India, has received a Letter of Intent (LOI) from the Indian Navy’s Material Organisation.
The order is for the Procurement of various Equipment for the P75 Project, and the order is valued at approximately Rs. 11.69 crore (including tax) and is to be delivered by March 2026.
Financials & Others
The company’s total revenue rose by 40.4 percent from Rs. 47 crore to Rs. 66 crore in H2FY24-25. Meanwhile, Net profit grew from Rs. 7 crore to Rs. 10 crore during the same period.
The company has shown strong profit growth with a 5-year CAGR of 76.6 percent. It maintains healthy financials with a ROCE of 22.1 percent, ROE of 17.4 percent, and a low debt-to-equity ratio of 0.14, and the stock trades at a P/E of 55.7, slightly below the industry average of 66.2.
CFF Fluid Control Limited, incorporated in 2012 and based in Mumbai, is a leading engineering company specializing in the manufacture, overhaul, repair, and servicing of shipboard machinery and critical systems for submarines and surface ships, primarily for the Indian Navy.
The company also provides advanced solutions for industries such as nuclear and clean energy, offering a wide range of products including fluid control systems, propulsion systems, high-pressure air systems, and integrated platform management systems.
The company has established itself as a key partner in strategic defence projects, collaborating with global technology leaders and serving major clients like Cochin Shipyards Limited, Garden Reach Shipbuilders & Engineers, Naval Dockyard, and more.
Written by Sridhar J
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