Aerospace & defence company-TechEra Engineering (India) Ltd receives new orders worth Rs 6,27,62,518.10
DSIJ Intelligence-1 / 06 Nov 2025/ Categories: Multibaggers, Trending
The stock has given multibagger returns of 130 per cent from its 52-week low of Rs 115.60 per share.
TechEra Engineering (India) Limited, an Aerospace and Defence company, has received three new domestic orders totalling Rs 6,27,62,518.10 (excluding GST). These orders mark a significant expansion, as one of the contracts specifically enables the company to enter the space and satellite tooling manufacturing sector.
The largest of the three contracts, valued at Rs 4,36,49,446.10, was awarded by an Indian public sector aerospace and defence company. This order is for providing insourcing service for the manufacturing of Aircraft Subassemblies and is scheduled to be executed within 360 days.
The remaining two orders are from private entities. The second contract, worth Rs 1,33,50,000, is for the manufacturing and supply of Layup tools to a private entity in the space and satellite sector, to be completed within 90 days. The final order, a repeated contract valued at Rs 57,63,072, is from another private entity for the Manufacturing and Supply of GSE tooling, also with a 90-day execution period.
About the Company
TechEra Engineering (India) Limited, established in 2018, specialises in designing, manufacturing, and supplying precision tooling and components for the aerospace and defence industries. The company offers a comprehensive range of products, including assembly tooling, jigs, fixtures, MRO tooling, ground support equipment, and precision-machined components. Their state-of-the-art manufacturing facility in Maharashtra, equipped with advanced technologies such as 5-axis machining and 3D modelling, enables them to meet the rigorous standards of the aerospace and defence sectors. Certified to ISO 9001:2015 and AS9100D:2018, TechEra caters to a global clientele spanning North America, Europe, and the Asia-Pacific region.
On Thursday, shares of TechEra Engineering (India) Limited hit a 5 per cent Lower Circuit to Rs 265.75 per share from its previous closing of Rs 279.70 per share. The company has a market cap of over Rs 400 crore with an ROE of 10 per cent and an ROCE of 13 per cent. The stock has given multibagger returns of 130 per cent from its 52-week low of Rs 115.60 per share.
Disclaimer: The article is for informational purposes only and not investment advice.