Defence Valves Manufacturer Bags Order Worth Rs 10,93,00,000 From Shree Refrigerations Ltd
DSIJ Intelligence-1
/ Categories: Trending, Mindshare

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. 

DSIJ’s ‘Micro Marvel' service recommends micro-cap stocks with the potential to grow multifold in long run. If this interests you, do download the service details here.

Previous Article Reliance Group-Backed Power Stock Under Rs 55 Receives Letter of Award from SJVN Limited
Next Article Turnaround Story: Multibagger Penny Stock Under Rs 20; Board Allotted 3,08,42,400 Shares on Conversion of Warrants
Print
266 Rate this article:
4.0
Please login or register to post comments.
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR