Synopsis:
NIBE Limited has received a purchase order worth Rs.20.57 crores from one of the leading infra and defence company for the manufacturing and supply of several key structures, including the Hull, Engine Deck, and Turret Structure Assembly.
The shares of a small-cap company is engaged in manufacturing essential components for the defence sector, electric vehicles, and also provides software development services drew attention after securing a contract from a domestic entity.
With the market capitalization of Rs.2,010.60 crores, the shares of NIBE Limited are trading at Rs.1,386.50, down by 2.15 percent from its previous day’s closing price of Rs.1,416.90 per equity share.
Purchase Order
NIBE Limited has received a domestic contract worth Rs.20.57 crore from one of India’s top infrastructure and defence company of India. The order involves the manufacturing and supply of specialised defence structures, including the Hull, Engine Deck, and Turret Structure Assembly. The company is expected to hand over components in phases, with the final delivery expected by August 2026.
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About the Company
NIBE Limited is involved in producing important components for the defence sector and electric vehicles, as well as providing software development services. It has many divisions, such as small arms, space, Aeronautics, and electronics. Larsen & Tuubro Limited, Tata Advanced Systems, Bharat Forge Limited, Jindal Steel and Power Limited, etc, are the clients of the company.
The company’s revenue went down from Rs.110.06 crore in Q1FY25 to Rs.82.50 crore in Q1FY26. Net profit went down from Rs.7.88 crore in Q1FY25 to Rs.1.05 crore in Q1FY26. Its return on equity is 13 percent, and return on capital employed is 16 percent. It has a P/E ratio of 96.98, with the industry average of 71.42.
Written By Jhanavi Sivakumar
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