Defence valves manufacturer bags order worth Rs 46,26,000 from Mazagon Dock Shipbuilders Ltd

Quest Flow Controls Limited, formerly known as Meson Valves India Limited, has secured a significant order from Mazagon Dock Shipbuilders Limited (MDL), a leading Indian defence public sector undertaking. Valued at approximately Rs 46.26 lakh, this order marks a pivotal moment for Quest Flow Controls as it represents their first project supplying critical valves for a submarine fuel system. The selection process involved a rigorous vendor evaluation by MDL, highlighting Quest Flow Controls' technical prowess, commitment to quality, and trusted reputation in the industry. The order specifically includes high-precision critical valves engineered to meet the stringent requirements of submarine applications.

While the current order size is modest, it establishes a strong foundation for future, larger opportunities within the submarine sector. Due to the sensitive nature and strategic defence implications of the project, further details remain confidential. This achievement reinforces Quest Flow Controls' position as a crucial contributor to India's defence and marine sector, alongside its existing presence in industries such as oil & gas, power, water, and shipbuilding. This development aligns seamlessly with the company's long-term vision to bolster India's self-reliance in defence manufacturing and further solidifies its credibility in supplying components for mission-critical applications.

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.