Rs 600+ crore order book: Defence company receives order worth Rs 11,69,00,000 from Material Organisation (Indian Navy)

CFF Fluid Control Limited, a company specialising in naval ship and submarine systems, has secured a significant domestic order valued at approximately Rs 11,69,00,000 from the Material Organisation (Indian Navy). The order, received in the form of a Letter of Intent (LOI), is for the Procurement of various Equipment for the P75 Project, which refers to a major submarine program of the Indian Navy. The company is required to complete the delivery of this equipment by March 2026.

Earlier, the company received a domestic order worth Rs 23,70,00,000 from the Material Organisation of the Indian Navy. The contract is for the procurement of various equipment for the P75 Project, which is scheduled to be completed by August 2026.

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CFF Fluid Control Limited is primarily engaged in the business of manufacturing and servicing shipboard machinery. The company manufactures critical component systems and test facilities for submarines and surface ships for the Indian Navy. The company has a market cap of over Rs 1,200 crore and reported positive numbers in its half-yearly results (H2FY25) and annual results (FY25). The company has an Order Book of over Rs 600 crore.

In its half-yearly results (H2FY25), the company reported net sales of Rs 66 crore and net profit of Rs 10 crore while in its annual results (FY25), the company reported net sales of Rs 146 crore and net profit of Rs 24 crore. The company's shares have an ROE of 18 per cent and an ROCE of 22 per cent. The stock is up over 60 per cent from its 52-week low of Rs 392 per share and has given multibagger returns of 280 per cent in 5 years.

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