The shares of a Defence company, specializing in providing advanced technology and engineering solutions for the defense industry in India, are in focus upon receiving an order for the supply of Spares of P75 from the CONTROLLER OF PROCUREMENT MATERIAL ORGANISATION.
With a market capitalization of Rs. 1,262.51 crores on Tuesday, the shares of CFF Fluid Control Limited jumped upto 2.5 percent, making a high of Rs. 652.00 compared to its previous close of Rs. 636.35.
CFF Fluid Control Limited, engaged in providing advanced technology and engineering solutions for the defense industry in India, has received a domestic order from the Controller of Procurement Material Organisation, Naval Store Depot, Mumbai, for the supply of spares related to P75, amounting to approximately Rs. 11.72 Crores (including taxes) and this order is to be executed by June 2026.
P75 refers to the Indian Navy’s Project 75, which involves the construction of a series of advanced diesel-electric submarines (Scorpene-class) for the Indian Navy. These submarines are built to enhance India’s underwater defense capabilities.
Along with it, they also received a domestic order from Garden Reach Shipbuilders & Engineers Ltd (GRSE), Kolkata, for the supply of spares for three ship sets of P17A, with a total order value of approximately Rs. 4.94 Crores (including taxes).
The order is to be executed and delivered by December 2025. This development is expected to positively contribute to the company’s revenue and further strengthen its business relationship with key players in the defense shipbuilding sector.
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’s P/E ratio stands at 51.95, which is attractively lower than the industry average of 59.47, indicating relatively better value. It maintains a low debt-to-equity ratio of 0.14, reflecting strong financial stability, and has delivered a healthy average ROCE of 15.36% over the last three years.
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 defense projects, collaborating with global technology leaders and serving major clients like Cochin Shipyards Limited, Garden Reach Shipbuilders & Engineers, and more.
Written by Sridhar J
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.