Engineering company bags new orders worth Rs 54.99 crore from L&T-MHI Power Boilers Pvt Ltd
DSIJ Intelligence-1 / 11 Sep 2025/ Categories: Mindshare, Trending
The stock is up by 37 per cent from its 52-week low of Rs 162.2 per share.
Atmastco Ltd has bagged new orders worth Rs 54.99 crore from L&T-MHI Power Boilers Pvt Ltd. The first domestic order, valued at ₹36.97 crore, is for the fabrication and supply of Ceiling Girder and Interconnecting Beam materials for the Gadarwara Unit #3 & #4 project. This is a one-time fabrication project with an execution timeline based on the purchase order.
The company also received a second domestic order, a Letter of Intent worth Rs 18.02 crore, from the same entity. This one-time order is for the fabrication and supply of Buckstay. Both contracts are a part of Atmastco's regular business activities and were awarded by a domestic entity.
About the Company
Atmastco Ltd. is a multi-faceted company that operates in three main sectors: engineering, procurement, and construction (EPC), fabrication/manufacturing and defence. They specialise in providing turnkey solutions for projects in the ferrous and non-ferrous sectors, meaning they handle all aspects of the project from design to completion. Their EPC division offers multi-disciplinary services and project management, ensuring a smooth and efficient process for their clients.
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Atmastco also has a well-established fabrication and manufacturing division. They design, manufacture, and supply precision equipment and heavy fabrication structures for various industries. These products include building components like girders, columns, and bracings, as well as pressure ducts and equipment for industrial use. Their client base is impressive, including big names like BHEL, Adani, Tata Steel and Vedanta. They operate two manufacturing facilities located in the Durg district, Chhattisgarh.
The company has a market cap of over Rs 500 crore. The shares of the company have an ROE of 30 per cent and an ROCE of 28 per cent. The stock is up by 37 per cent from its 52-week low of Rs 162.2 per share.
Disclaimer: The article is for informational purposes only and not investment advice.