The shares of this defence stock, specialized in the business of manufacturing critical components for Defence, E-Vehicles and Software Development secured a defence order worth Rs. 22.66 cr
With market capitalization of Rs. 2,387 cr, the shares of NIBE Ltd. were currently trading at Rs. 1665.10 per share, with today’s high of Rs. 1703.40 per share. Nibe Limited has announced the receipt of a significant purchase order worth Rs.22.66 crore (inclusive of all taxes and duties) from a leading domestic infrastructure and defence company. The order pertains to the supply of turret structure assemblies, a critical component used in defence infrastructure.
As per the company’s regulatory filing under SEBI Regulation 30, the order will be executed in tranches by June 28, 2026. This contract reinforces Nibe’s capabilities in catering to specialized engineering needs in the defence sector and strengthens its foothold in strategic manufacturing.
This order is expected to contribute positively to Nibe’s order book and financial performance in the coming quarters, underlining its growing role in India’s defence manufacturing ecosystem.
The company manufactures structures, sub-assemblies, and assemblies of mobile weapon launchers for programs such as BrahMos Missile, MRSAM, and Pinaka rocket launcher. Also manufactures Structural and Engineering systems for Naval applications. Its electronic division focuses on Sensors & Wiring, Control Systems, Military Softwares etc.
In the defence segment its clients include all three Indian defence forces, it also serves L&T Defence. The company has entered into ‘Licensing Agreement’ with DIPAS a constituent laboratory under DRDO for transfer of technology of Solar Heated Shelters.
The company has witnessed a significant 80% surge in sales, rising from Rs.282 crore in FY24 to Rs.507 crore in FY25. Operating profit also improved notably, increasing from Rs.36 crore in FY24 to Rs.60 crore in FY25. Net profit grew from Rs.19 crore to Rs.27 crore over the same period, reflecting strong earnings momentum.
Written by Manideep Appana
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
