Rs 600+ crore order book: Defence company Signs MOU With GRSE for Subsea Sonar Technology and Naval Systems Collaboration

DSIJ Intelligence-2 / 16 Jul 2025/ Categories: Mindshare, Trending

Rs 600+ crore order book: Defence company Signs MOU With GRSE for Subsea Sonar Technology and Naval Systems Collaboration

The stock is up by 59.49 per cent from its 52-week low of Rs 392 per share and has given multibagger returns of 270 per cent in 3 years.

CFF Fluid Control Limited (CFF), a company specializing in critical Naval Ship and submarine systems, announced today the signing of a significant Memorandum of Understanding (MoU) with Garden Reach Shipbuilders & Engineers Limited (GRSE). This disclosure was made in compliance with Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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GRSE, a Government of India undertaking, is primarily engaged in the design, building, and repair of warships, support naval vessels, other commercial vessels, and various engineering businesses. The strategic partnership aims to enhance CFF's portfolio within the Naval & Marine Systems sector. Under the terms of the MoU, both parties have agreed to collaborate on the development of subsea-based sonar technology and to jointly pursue and execute contracts in this domain, leveraging their combined strengths and expertise.

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 by 59.49 per cent from its 52-week low of Rs 392 per share and has given multibagger returns of 270 per cent in 3 years.

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