A micro-cap company saw its shares edge up by 2 percent after announcing a defence sector order worth Rs.10.93 crore. The contract win sparked renewed investor interest, highlighting the company’s growing traction in government-linked projects.
During Thursday’s trading session, the shares of Meson Valves India Ltd reached an intraday high of Rs.400.75 per share, rising 1.5 percent from the previous close of Rs.394.60 per share. The stock retreated from the peak and is currently trading at Rs.391.05 per share.
Contract Details
Meson Valves India Ltd has received a purchase order from its esteemed client, M/s. Shree Refrigerations Limited, for the supply of critical non-ferrous valves intended for use in the defence sector. The total order value stands at approximately Rs.10.93 crore, inclusive of GST.
This is a domestic order and involves the supply of specialized, high-precision components essential for defence-related applications. The order underscores the company’s growing capabilities in catering to high-stakes sectors like defence and reflects the trust placed in it by reputed clients.
The execution timeline for fulfilling the order is estimated between 12 to 18 months, during which the company will be responsible for delivering the specified non-ferrous valves as per the contractual terms.
Meson Valves India Ltd brings over two decades of industry experience, offering more than 25 SKUs across its product portfolio. The company operates through a single, advanced manufacturing unit spread over 34,000 sq. ft., equipped with state-of-the-art machinery and equipment. Backed by a robust order book exceeding Rs.40 crores, Meson Valves stands as a reliable player in its sector, delivering high-tech solutions with consistent performance.
In the first half of FY25, Meson Valves India Ltd undertook notable projects and marked significant achievements. The company contributed to the Mahakumbh 2025 Project by supplying three prefabricated Sewage Treatment Plants (STPs) of 500 KLD capacity each, amounting to a total project value of Rs.3.75 crore (Rs.1.25 crore per unit). Additionally, it implemented a Hybrid Granular SBR-based STP using BARC technology for the Galactic City Project in Greater Noida West, valued at Rs.3.25 crore.
Financial Performance
Meson Valves India Ltd reported consolidated revenue of Rs.29.49 crores in H2 FY25, reflecting a 31.8 percent decline year-on-year from Rs.43.22 crores in H2 FY24. Sequentially, revenue was down 6.7 percent from Rs.31.61 crores in H1 FY25.
Net profit for H2 FY25 stood at Rs.2.10 crores, marking a sharp 67.4 percent drop from Rs.6.44 crores in H2 FY24. Compared to H1 FY25, net profit declined 49.6 percent from Rs.4.17 crores.
The company has a Return on Capital Employed (ROCE) of 12.28 percent and a Return on Equity (ROE) of 9.45 percent. Its Price-to-Earnings (P/E) ratio stands at 63.85, higher than the industry average of 44.35. Furthermore, the company maintains a current ratio of 4.89, a debt-to-equity ratio of 0.07, and an Earnings Per Share (EPS) of Rs.6.18.
Written by – Siddesh S Raskar
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