Insulation engineering company receives USD 82,170 order from Venture Global LNG
DSIJ Intelligence-1Categories: Mindshare, Trending
The stock is up by 75 per cent from its 52-week low of Rs 83.03 per share.
Indobell Insulations Limited has secured an export order from Venture Global LNG, located in Cameron, LA, United States, for the design and supply of insulation. This order, valued at USD 82,170, is expected to be executed by July 2026, marking a significant international project for Indobell Insulations Limited.
Earlier, Indobell Insulations Limited secured an export order from Toshiba Plant Systems & Services Corporation for the design and supply of insulation. This contract, valued at USD 48,656, is slated for execution by February 2028.
About the Company
Incorporated in May 1972, Indobell Insulations Limited specialises in the manufacture of diverse insulation products, including nodulated/granulated mineral and ceramic wool and prefabricated thermal insulation jackets. Beyond manufacturing, the company offers a comprehensive suite of services encompassing consultancy, engineering, fabrication, material supply, installation, supervision and project management. Indobell Insulations caters to critical sectors such as power plants, railways, aeronautics and navigation, leveraging its two manufacturing facilities located in West Bengal and Maharashtra to produce its specialised insulation solutions.
In FY25, the company reported net sales of Rs 25.73 crore and net profit of Rs 2.19 crore. The company has a market cap of Rs 87 crore and has been maintaining a healthy dividend payout of 28.2 per cent. The stock is up by 75 per cent from its 52-week low of Rs 83.03 per share.
Disclaimer: The article is for informational purposes only and not investment advice.
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