This Sintered Metal Components Manufacturer Secures Rs 153.20 Crore Export Order For Stainless Steel Sintered Products; Supply Begins By September 2025
In the last month, the stock is up by 10.72 per cent while in the last 12 months it down by 1.57 per cent.
Sintercom India Limited has informed that the Letter of Intent was received from Tenneco Automotive Operating Co. Inc., located in Illinois 60045, USA, and its affiliated companies. The project outlined in the LOI pertains to the manufacturing, supply, and export of stainless steel Sintered products, specifically Hego Boss and Flanges.
Key details of the order include that it is an international project involving the manufacturing, supply, and export of stainless steel Sintered products (Hego Boss & Flanges). The supply from this contract is expected to commence in September or October of 2025 and will remain valid for a period of three years. The total contract value is estimated to be Rupees 153.20 Crores for this three-year period. Sintercom India Limited has confirmed that none of its promoters, promoter group, or group companies have any interest in Tenneco Automotive Operating Co. Inc. and that this order does not fall under the purview of related party transactions.
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In the Quarterly Results of March 2025, the company reported a revenue of Rs 24.11 crore, reflecting a YoY growth of 2.64 per cent compared to Rs 23.49 crore in March 2024. The operating profit stood at Rs 3.84 crore, marking a decline of 0.52 per cent from Rs 3.86 crore in the same quarter last year. The profit after tax (PAT) declined by 89.36 per cent to Rs 0.05 crore from Rs 0.47 crore in March 2024.
In FY25, the company posted a revenue of Rs 90.01 crore, registering a 2.62 per cent growth compared to Rs 87.71 crore in FY24. The net profit for the year stood at Rs 0.67 crore, down 41.74 per cent from Rs 1.15 crore in the previous financial year.
Sintercom India Limited, established in 2007 and located in Pune, Maharashtra, is a prominent manufacturer of sintered metal components for the automotive industry. The company specializes in producing medium to high-density sintered components used in automotive engines, powertrains, exhaust systems, and sensors. Their product range includes drivetrain gears, engine sprockets, pulleys, crankshaft bearing journals, transmission gears, synchro hubs, as well as ABS rings and sensor Hego bosses and flanges. Sintercom caters to both domestic and international markets, providing high-volume, high-precision, and cost-effective components tailored to customer specifications. In the last month, the stock is up by 10.72 per cent while in the last 12 months it down by 1.57 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.