Defence Valves Manufacturer Bags Order Worth Rs 10,93,00,000 From Shree Refrigerations Ltd
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.
Meson Valves India Limited, a Mumbai-based valve specialist, has received a purchase order from Shree Refrigerations Limited for the supply of critical non-ferrous valves specifically for the defence sector. This domestic order, valued at approximately Rs 10.93 Crore including GST, is to be executed within a timeframe of 12 to 18 months. The agreement highlights Meson Valves India Limited's expertise and its role in supplying essential components for strategic national sectors.
About the Company
Established in 2016, 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 stock is up by 34 per cent from its 52-week low of Rs 289.10 per share. The company has a market cap of over Rs 390 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.
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