Rs 600+ crore order book: Defence submarine company receives order worth Rs 11,72,00,000 from Controller of Procurement Material Organisation
The stock is up by 67 per cent from its 52-week low of Rs 392 per share and gave multibagger returns of 265 per cent in 3 years.
CFF Fluid Control Limited received a significant domestic order from the Controller of Procurement Material Organisation, based in Mumbai. The contract, valued at approximately Rs 11.72 crore (including tax), is for the supply of spares for P75. CFF Fluid Control Limited is expected to complete the delivery of these spares by June 2026. This order highlights the company's role in providing essential components within the domestic market.
Earlier, CFF Fluid Control Limited had received an order for the supply of Spare Parts for P75 from the Controller of Procurement Material Organisation, located in Mumbai, Maharashtra. This domestic contract was valued at approximately Rs 3.91 crore (including tax), with the delivery of the spare parts expected by December 2025. This order further demonstrates CFF Fluid Control Limited's ongoing engagement with the Controller of Procurement Material Organisation for the provision of essential components.
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CFF Fluid Control Limited is primarily engaged in the business of manufacturing and servicing shipboard machinery. The company manufactures critical component systems and test facilities for submarines and surface ships for the Indian Navy. The company has a market cap of over Rs 1,200 crore and reported positive numbers in its half-yearly results (H2FY25) and annual results (FY25). The company has an order book of over Rs 600 crore.
In its half-yearly results (H2FY25), the company reported net sales of Rs 66 crore and net profit of Rs 10 crore while in its annual results (FY25), the company reported net sales of Rs 146 crore and net profit of Rs 24 crore. The company's shares have an ROE of 18 per cent and an ROCE of 22 per cent. The stock is up by 67 per cent from its 52-week low of Rs 392 per share and gave multibagger returns of 265 per cent in 3 years.
Disclaimer: The article is for informational purposes only and not investment advice. ++