Synopsis:
Nibe Limited has secured purchase orders worth ₹29.22 crore from a prominent domestic Infra and Defence company for supplying and fabricating constructional trackway details and breech casings.
The shares of the Defence company, specializing in the manufacturing of critical components for Defence, E-Vehicles, and Software Development, are in focus upon receiving a new work order from a leading domestic Infra and Defence company worth Rs. 29.22 crores.
With a market capitalization of Rs. 2,149.20 Crores on Friday, the shares of NIBE Limited declined by 7.3 percent after making a low of Rs. 1478.65 compared to its previous closing price of Rs. 1595.80.
NIBE Limited, engaged in the manufacturing of critical components for Defence, E-Vehicles, and Software Development, has received a purchase order worth Rs. 29.22 crores from one of the leading Infra and Defence company.
The Order is for supplying constructional details, trackway and Breech Casing. The order includes activities like cutting, bending, pre-machining, fabrication, machining, and heat treatment, and the delivery will be completed in tranches by December 2026.
Financials & Others
The company’s revenue declined by 25.8 percent from Rs. 153.19 crore to Rs. 113.64 crore in Q4FY24-25. Meanwhile, the Net profit declined from Rs. 10.91 crore to Rs. 7.64 crore during the same period.
The company has a low debt-to-equity ratio of 0.33, indicating strong financial stability. Its current assets exceed current liabilities, providing good liquidity. Additionally, it has achieved an average revenue growth of 135.93% over the past three years, showcasing strong business performance.
NIBE Limited is an Indian defence manufacturing company founded in 2005, headquartered in Pune, Maharashtra. It specialises in fabricating and machining critical components and systems for the defence sector, supporting the Indian Army, Navy, and Air Force with advanced weapon structures, missile systems like Pinaka and MRSAM launchers, and logistical equipment such as modular bridges.
It also operates in the electric vehicle segment, manufacturing e-bikes, e-rickshaws, and related electric motors. It is publicly listed on the NSE and BSE stock exchanges and operates multiple manufacturing facilities across India with a strong focus on innovation, precision engineering, and quality to serve national defence needs.
The company boasts a prestigious set of marquee clients, including Larsen & Toubro, BSE, Adani, DRDO, Cisco, Jindal Power & Steel, Kalyani Forge, BEL, Tata Advanced Systems, NSE, Sandvik, and others.
Written by Sridhar J
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