Defence valves manufacturer bags order worth Rs 19,89,000 from BHEL for Naval IPMS Project

Quest Flow Controls Ltd, previously known as Meson Valves India Ltd, has secured a significant order worth Rs 19.89 crore from BHEL ESD, Bangalore. This collaboration marks their first with BHEL ESD and highlights Quest Flow Controls' increasing prominence in the defence and marine industries. The order involves providing remote-control valves for the Naval Integrated Platform Management System (IPMS), an advanced automated system crucial for naval vessels. This system integrates vital functions like propulsion, electrical power management, damage control, and auxiliary systems, ultimately improving operational efficiency, situational awareness, and safety for the Indian Navy.

Quest Flow Controls' technological prowess, product quality, and engineering excellence enabled them to win this order despite strong competition. This achievement not only strengthens the company's standing within the naval defence sector but also paves the way for potential export opportunities. This positions Quest Flow Controls as a vital contributor to India's expanding naval capabilities and a significant player in global marine solutions.

Earlier, the company secured a significant order worth approximately Rs 46.26 lakh from Mazagon Dock Shipbuilders Limited (MDL). This marks a crucial milestone as it's their first project supplying critical valves for a submarine fuel system. The selection by MDL, a key Indian defence public sector undertaking, underscores Quest Flow Controls' technical expertise, quality commitment, and strong industry reputation. While this initial order is modest, it establishes a foundation for future opportunities within the submarine sector, reinforcing their role as a vital contributor to India's defence and marine industry and aligning with the company's vision for defence manufacturing self-reliance.

About the Company

Established in 2016, Quest Flow Controls Limited (formerly known as Meson Valves India Limited), emerges as a prominent global player in the manufacturing of high-quality valve products across various industries. With a strong global presence, MESON offers a comprehensive range of valves in various materials, backed by experienced engineers providing tailored automation systems. Their expertise spans the Defence, Marine, Industrial, Oil & Gas, and Power sectors, showcasing their versatility and commitment to meeting diverse market demands. They leverage cutting-edge technologies to innovate in valve solutions, meeting evolving industry demands. As an ISO 9001-certified company, MESON prioritises quality assurance, registers with reputed firms, and supplies valves for critical applications, including defence projects.

The stock is up over 30 per cent from its 52-week low of Rs 289.10 per share. The company has a market cap of over Rs 370 crore and the shares of the company have an ROE of 23 per cent and an ROCE of 28 per cent. In FY25, the company recorded a total income of Rs 67.94 crore, an EBITDA of Rs 13.20 crore and a PAT of Rs 6.85 crore.

Disclaimer: The article is for informational purposes only and not investment advice.