Multibagger Defence Stock Secures 10-Year DRDO Licensing Deal for Advanced Modular Bridging System
The 1-year return stands marginally negative at -0.07 per cent, the company remains in focus for its growing order book and strategic alliances.
Nibe Limited, a defence and engineering-focused Small-Cap company, has entered a significant technology transfer agreement with the Defence Research and Development Organisation (DRDO) for the manufacturing of the Modular Bridging System. The licensing agreement, valid for a 10-year period, marks a strategic step in India’s push for indigenised defence production under the "Make in India" and "Atmanirbhar Bharat" initiatives.
The Modular Bridging System, developed by DRDO, is a mobile, mechanically launched bridge capable of rapid deployment for spans up to 46 meters. It is designed to serve the dynamic operational needs of the Indian Armed Forces and other government agencies. Nibe Limited will undertake the production and sale of this system while ensuring high standards of quality, precision, and timely delivery to support national defence infrastructure.
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As of June 09, 2025, Nibe Limited's stock is trading at Rs 1,678.4. The stock has seen a 52-week high of Rs 2,190.4 and a low of Rs 767.9. Although the 1-year return stands marginally negative at -0.07 per cent, the company remains in focus for its growing order book and strategic alliances.
Founded in 2005, Nibe Limited has diversified operations across defence components, electric vehicles (EVs), and software development. The company fabricates critical defence systems, including mobile launchers and naval components. Its E-Vehicle division manufactures e-bicycles and e-rickshaws, contributing to the clean mobility ecosystem. Revenue segmentation includes 47 per cent from manufactured goods, 25 per cent from traded goods, and 28 per cent from services, with 94 per cent of its business coming from the domestic market.
Recent milestones include a major order from L&T Ltd for modular bridge structures and the commissioning of a new production facility in Pune. The company has also strengthened its technological base through partnerships with Hewlett Packard Enterprise India and Munition India Limited.
With a market capitalization of Rs 2,430 crore, Nibe Limited trades at a Price-to-Earnings (PE) ratio of 88.56. Satendrapal Singh Chhabra is the major public shareholder, holding a 1.36 per cent stake. The company's focus on innovation and defence self-reliance positions it for potential long-term growth.
Disclaimer: The article is for informational purposes only and not investment advice.