Rs 100+ crore order book: Defence valves stock jumps after securing an order of Rs 23,55,90,931.85 from Garden Reach Shipbuilders & Engineers Ltd (GRSE)

Quest Flow Controls Ltd, formerly known as Meson Valves India Ltd, has secured a domestic purchase order from Garden Reach Shipbuilders & Engineers Ltd (GRSE), a government-owned undertaking. The order is for the supply of valves and spares, with a total value of Rs 23,55,90,931.85 (including GST). This contract, with an execution timeline of within three months, is for a prestigious Naval Project and is a key part of the company's order book, which has now surpassed Rs 100 crore. The company aims to complete the execution of this entire order book within 12-18 months.

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Mr. Kishor Makvan, CEO, has stated that beyond the Naval domain, QFCL has been steadily diversifying its portfolio with projects in international markets. The Company is actively building its presence across the Middle East, South-East Asia, Russia, and North Africa, tapping into growing demand for critical flow-control systems in marine, oil & gas, and infrastructure sectors. Management believes that this geographical diversification will be a cornerstone of sustainable growth in the years ahead. Steady inflow of Naval orders underscores the Company’s long-term commitment to supporting the nation’s defence & maritime interests, while deepening its strategic relationships with the Indian Navy and India’s shipbuilding ecosystem. This contract not only marks QFCL’s growing footprint in the naval sector but also highlights its global ambitions to become a distinguished and trusted player in the international valve manufacturing and solutions industry.

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 company has an order book of over Rs 100 crore as of August 2025 and the stock is up over 20 per cent from its 52-week low of Rs 288 per share. The company has a market cap of over Rs 300 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.