Tipsheet
What matters at India’s listed companies
Notes / Sector

Engineering - Industrial Equipments

60 recent notes from companies in this sector. 20 companies tracked.

Anchor companies · by market cap
Recent activity
Tue · 28 Jul
6
Earnings · Engineering - Industrial Equipments

Gujarat Containers Q1 profit more than doubles, revenue up 32%

Standalone profit jumps to **₹3.76 crore** from **₹1.67 crore**; revenue at **₹46.58 crore**. The sharp acceleration far exceeds the company's trailing growth rates.

GUJCONT Micro cap 12:48 PM
6
Concalls · Engineering - Industrial Equipments

Aeroflex Q1 revenue jumps 72% but skid capacity delayed by 4-5 months

Record consolidated revenue of ₹146 cr with 23% EBITDA margin; liquid cooling kit drives 23% of sales. Expansion of skid capacity to 15,000 units now pushed to Oct-Nov.

AEROFLEX Mid cap 12:17 PM
Mon · 27 Jul
9
Credit · Engineering - Industrial Equipments

Pavna keeps ₹30 cr as promoters let warrants lapse

₹30.30 crore forfeited after promoter group fails to pay balance on 24 lakh warrants. The amount is 12.8% of Pavna's market cap and avoids dilution at ₹505/share.

PAVNAIND Micro cap 8:30 PM
5
Earnings · Engineering - Industrial Equipments

HMT's standalone profit masks ₹131.54 cr consolidated loss

The parent's bottom line is propped up by rental and interest income while core divisions burn cash. Auditor flags missing ECL models, unreconciled GST credits, and unverified inventory. Net worth sinks deeper into negative territory.

HMT Small cap 7:38 PM
5
Earnings · Engineering - Industrial Equipments

HMT standalone profit masks ₹131.54 cr loss, auditors flag going concern

Auditors issued a qualified opinion on FY26 results, citing material accounting lapses. Consolidated net worth remains deeply negative at ₹2,02,667 lakhs, and the group relies on government support to continue as a going concern.

HMT Small cap 7:20 PM
6
Earnings · Engineering - Industrial Equipments

Aeroflex Q1 revenue jumps 75% to ₹139 cr; data centre capacity expanded

Standalone revenue hit ₹139.01 crore in Q1 FY27, up from ₹79.19 crore a year ago. Net profit more than doubled to ₹19.06 crore. The company also hiked capacity for liquid cooling skids to 9,000 units per annum.

AEROFLEX Mid cap 7:14 PM
6
Earnings · Engineering - Industrial Equipments

Aeroflex Q1 profit surges 150% on 75% revenue jump; capacity hiked

Standalone net profit jumps 150% to ₹19.06 crore as revenue hits ₹139 crore. Liquid cooling skid capacity hiked to 9,000 units per annum.

AEROFLEX Mid cap 6:56 PM
6
Earnings · Engineering - Industrial Equipments

Aeroflex Q1 profit surges; revenue jumps 72%

Consolidated PAT of ₹18.8 cr against ₹7.2 cr. Liquid cooling skid capacity raised to 9,000 units. Routine outcome, no surprises.

AEROFLEX Mid cap 6:51 PM
5
Earnings · Engineering - Industrial Equipments

BKM Industries' loss widens to ₹365.93 lakh in Q1

Revenue returned at ₹68.91 lakh from nil, but expenses of ₹471.95 lakh pushed the net loss far higher than a year ago.

BKMINDST Micro cap 4:19 PM
5
Earnings · Engineering - Industrial Equipments

Nesco posts Q1 profit up 3.9% on one-time lease gain

Revenue grew 9.5% to ₹211.80 crore, but excluding a ₹11.22 crore gain from a lease surrender, core profit was roughly flat. Realty revenue was unchanged, while foods and exhibition segments showed healthy growth.

NESCO Mid cap 1:36 PM
5
Earnings · Engineering - Industrial Equipments

Nesco's Q1 profit gets a one-time lift from lease surrender

Revenue rose 10% to ₹211.80 cr but core profit is flat after stripping out the ₹11.22 cr gain. A routine quarter with no surprises.

NESCO Mid cap 1:23 PM
Sat · 25 Jul
7
Engineering - Industrial Equipments

Mamata Machinery's only plant shuts after Ahmedabad floods

Extreme rainfall over 48 hours forced Mamata to halt production at its sole manufacturing unit. Water levels are receding, but the duration and cost of the outage are unknown.

MAMATA Small cap 11:13 PM
Tue · 21 Jul
9
Order Wins · Engineering - Industrial Equipments

Batliboi lands ₹52 cr solar cell pollution control order

The contract from SAEL Industries is 13.6% of Batliboi's market cap; backlog already stood at ₹593 cr.

BATLIBOI Micro cap 10:47 AM
Mon · 20 Jul
5
Engineering - Industrial Equipments

Aeroflex board sets July 27 for Q1 results

Standard procedural notice; trading window closed until July 29.

AEROFLEX Mid cap 8:05 PM
8
Engineering - Industrial Equipments

Fabtech promoters invest ₹15 cr via convertible warrants

Four promoter-group individuals take up 3,80,711 warrants at ₹394 each, providing ₹3.75 cr upfront. The move signals confidence after an earlier preferential issue was withdrawn.

FABCLEAN Micro cap 7:04 PM
5
Earnings · Engineering - Industrial Equipments

Hawa Engineers profit up 35% in Q1, revenue slips 3.2%

Net profit rises to ₹64.79 lakhs despite a 3.2% drop in revenue to ₹2,373.88 lakhs. Unmodified audit opinion.

HAWAENG Micro cap 5:17 PM
5
Earnings · Engineering - Industrial Equipments

Hawa Engineers Q1 net profit jumps 35%, revenue slips 3%

Net profit rises to ₹64.79 lakhs from ₹47.88 lakhs a year ago, but revenue drops to ₹2373.88 lakhs. For a ₹28-crore market cap company, a steady if unremarkable start to the year.

HAWAENG Micro cap 5:11 PM
8
Order Wins · Engineering - Industrial Equipments

Cranex wins ₹5.16 cr NHPC order for hydro crane refurbishment

The contract, valued at over 9% of annual revenue, comes from a new PSU client and adds to a growing order book.

CRANEX Micro cap 4:00 PM
7
Credit · Engineering - Industrial Equipments

Jyoti CNC promoter pledges 2.4% more shares, total encumbered at 13%

Anilkumar Virani's fresh pledge to Bajaj Finance takes promoter encumbrance to 13.07% of equity, crossing a materiality threshold and signaling increased borrowing at the promoter level.

JYOTICNC Mid cap 11:14 AM
6
Credit · Engineering - Industrial Equipments

Jyoti CNC promoter frees 1.14 cr shares from pledge with HDFC Bank

Anilkumar Virani's encumbered holding drops 5 percentage points to 8.07%, trimming margin-call risk. Routine restructuring, not a major catalyst.

JYOTICNC Mid cap 11:12 AM
Sat · 18 Jul
5
Engineering - Industrial Equipments

Shree Refrigerations board approves ESOP 2026, up to 2.79% dilution

Up to 10 lakh shares reserved for employees; shareholder nod still needed. Board also formalises MD's daughter as whole-time director.

SHREEREF Small cap 6:12 PM
8
Order Wins · Engineering - Industrial Equipments

Cranex bags ₹10.87 cr BHEL order for hydro cranes

The nano-cap's order for the Sunni Dam project is a 19.6% revenue shot and diversifies from thermal to hydro within the BHEL ecosystem.

CRANEX Micro cap 4:40 PM
6
Earnings · Engineering - Industrial Equipments

Elecon transcript confirms low double-digit growth, no fresh triggers

Q1 FY27 call reiterates 16% gear division growth, ₹1,518 cr order book, and cautious full-year guidance. No tradeable surprise beyond known numbers.

ELECON Mid cap 3:43 PM
Fri · 17 Jul
7
Credit · Engineering - Industrial Equipments

Jyoti CNC promoter pledges 1% more; total encumbered hits 10.65%

Anilkumar Virani puts 23 lakh shares with JIO Credit as security for a business loan, crossing a materiality threshold.

JYOTICNC Mid cap 5:33 PM
7
Engineering - Industrial Equipments

Artson wins ₹14.63 cr order from TKIL for JSW port project

LOI covers structures for JSW Jaigarh Port; marks second client beyond Tata Group. Order is ~9% of FY26 revenue but non-binding.

ARTSONENGG Micro cap 3:52 PM
8
Engineering - Industrial Equipments

Envair Electrodyne withdraws CCL project after cost climbs to ₹219.67 cr

A planned **₹136.87 cr** copper-clad laminate project was withdrawn by the board after re-estimation put it at **₹219.67 cr**. The nano-cap company says it is not abandoning the plan but will re-evaluate scope and funding.

KIRLOSELEC Micro cap 3:38 PM
Thu · 16 Jul
5
Earnings · Engineering - Industrial Equipments

TRF swings to profit on asset sale, impairment drags

TRF swung to a standalone net profit of ₹1.16 crore in Q1 from a loss of ₹6.30 crore in Q4, boosted by a ₹1.27 crore asset sale gain. Profit is tiny against its ₹279 crore market cap.

TRF Micro cap 6:49 PM
5
Earnings · Engineering - Industrial Equipments

Integra Engineering profit dips 11% on flat revenue; new CFO named

Net profit fell to ₹4.51 crore from ₹5.08 crore a year ago; revenue held at ₹44.30 crore. Kinnar Joshi takes over as CFO, filling the vacancy left by Kunal Thakrar.

INTEGRAEN Micro cap 6:33 PM
6
Earnings · Engineering - Industrial Equipments

Integra Engineering profit dips 11%, new CFO named

Net profit fell to ₹4.51 crore in the June quarter, with revenue slipping 3%. The board swiftly appointed Kinnar Joshi as CFO, removing uncertainty from the April vacancy.

INTEGRAEN Micro cap 6:29 PM
7
Order Wins · Engineering - Industrial Equipments

SEBI bans Mauria Udyog, promoters for 5 yrs over share-price rigging

Regulator confirms price and volume manipulation; five-year restriction adjusted for time served under interim order issued June 2023. Company maintains no material impact.

MUL Micro cap 5:45 PM
6
Earnings · Engineering - Industrial Equipments

Mahindra EPC Irrigation swings to ₹2.14 cr loss as revenue slips 13%

The company reported a net loss of ₹2.14 crore for June quarter, versus a ₹0.98 crore profit a year ago, as revenue dropped 12.7% to ₹54.16 crore on sticky expenses. The board also appointed a new internal auditor and elevated a chairman.

MAHEPC Micro cap 5:19 PM
7
Engineering - Industrial Equipments

GG Automotive gets ₹13 cr from insurer after Feb fire

The interim payout of ₹13 crore is 7.6% of market cap and critical liquidity for the nano-cap, but final claim is still under surveyor assessment.

GGAUTO Micro cap 3:30 PM
8
Order Wins · Engineering - Industrial Equipments

JNK India loses ₹100-300 cr Abu Dhabi order after licensor blocks approval

The incinerator package, won just last month, is terminated because the project licensor didn't approve. The order represented 12–36% of JNK's annual revenue.

JNKINDIA Small cap 3:19 PM
8
Engineering - Industrial Equipments

BCPL Railway nabs ₹4.51 cr L1 from Eastern Railway's Howrah division

The order for anti-climbing devices and bird discs is the fourth Eastern Railway win since June 10. Formal acceptance still pending.

BCPL Micro cap 2:26 PM
5
Earnings · Engineering - Industrial Equipments

BHEL swings to ₹381.91 cr profit, reversing year-ago loss

Revenue jumps 40% to ₹7,697.72 cr. But the turnaround was already priced in after FY26 audited results.

BHEL Mega cap 2:21 PM
Wed · 15 Jul
5
Engineering - Industrial Equipments

Fabtech Cleanrooms board to mull fresh preferential issue on July 20

After withdrawing an earlier issue in June citing volatile markets, Fabtech's board will consider a new preferential allotment of equity or convertible warrants. The quantum and pricing remain undisclosed.

FABCLEAN Micro cap 6:57 PM
8
Engineering - Industrial Equipments

Windsor Machines names Mohan Ramachandran CEO; Bansod exits top role

Outgoing CEO Vinay Bansod will stay on as Whole Time Director. New CEO brings 32 years of experience from Eicher, M&M, Cummins, and Milacron.

WINDMACHIN Small cap 5:38 PM
5
Earnings · Engineering - Industrial Equipments

Artson swings to ₹0.41 cr loss as revenue plunges 42%

The engineering firm turned from a profit of ₹0.22 cr to a loss in Q1, with sales falling to ₹26.13 cr. The going-concern warning is repeated, propped only by a parent support letter.

ARTSONENGG Micro cap 5:09 PM
5
Earnings · Engineering - Industrial Equipments

Artson Q1 loss, revenue slide already known — filing is procedural

The board meeting outcome adds nothing beyond the Q1 results reported July 15. The going concern warning is a repeat from the annual report.

ARTSONENGG Micro cap 5:03 PM
6
Engineering - Industrial Equipments

Hittco Tools board clears ₹20 cr authorized capital hike

The nano-cap tool maker's board approved increasing authorized share capital from ₹15 cr to ₹35 cr, creating headroom for a potential equity raise that could dilute shareholders. Shareholder approval via postal ballot is next.

HITTCO Micro cap 3:24 PM
8
Engineering - Industrial Equipments

International Conveyors promoters pledge 91% of stake for ₹498 cr group loan

Encumbrance jumps from 72% to 91% of promoter holdings, covering individual promoters Surbhit and Yamini Dabriwala. The ₹498 cr loan equals nearly the entire market cap, secured by 63.93% of equity at a cover ratio of 0.66x.

INTLCONV Micro cap 12:20 PM
8
Order Wins · Engineering - Industrial Equipments

Admach Systems lands ₹2.96 cr NDT export order, order book at ₹83.77 cr

The nano-cap industrial equipment maker wins a ₹2.96 crore order for non-destructive testing machines headed to Mexico and China, boosting its already strong order book.

ADMACH Micro cap 11:33 AM
Tue · 14 Jul
7
Order Wins · Engineering - Industrial Equipments

Kirloskar Brothers wins ₹149 cr order from Saipem via UK unit

SPP Pumps lands vertical pumps contract with global offshore EPC contractor, representing about 3.3% of consolidated revenue.

KIRLOSBROS Mid cap 3:58 PM
8
Order Wins · Engineering - Industrial Equipments

Fabtech's order pipeline jumps 8x to ₹515 crore after correction

A sharp drop in near-term opportunity was a mistake; the revised pipeline of ₹514.78 crore is larger than the company's market cap and annual revenue.

FABCLEAN Micro cap 2:54 PM
Mon · 13 Jul
6
Concalls · Engineering - Industrial Equipments

Elecon Engineering: 37% order book growth, cautious guidance

Consolidated order book hits ₹1,518 cr, up 36.8% YoY. Management flags geopolitical risks and input cost inflation, guiding low double-digit revenue growth for FY27.

ELECON Mid cap 5:15 PM
Sat · 11 Jul
7
Order Wins · Engineering - Industrial Equipments

Fabtech's June orders moderate to ₹33.79 cr after May blowout

Pharma leads with ₹20.36 cr; order book inches up to ₹362 cr. Pipeline narrows sharply, raising questions about near-term momentum.

FABCLEAN Micro cap 5:50 PM
6
Engineering - Industrial Equipments

SETL raises ₹71.5 cr from Japanese strategic investor via preferential issue

Board approves 24.39 lakh shares at ₹293 apiece to AGI Group Holdings and Monoflus; AGI takes 1.12% stake. Share-swap for GScale acquisition also cleared.

SETL Small cap 3:27 PM
7
Order Wins · Engineering - Industrial Equipments

Alphalogic lands ₹1.03 cr Blinkit order, repeat win from quick-commerce client

The order covers three cities and is due within a month. For a ₹149 cr nano-cap, it's a small but steady revenue addition that validates execution capability.

ALPHAIND Micro cap 11:41 AM
Fri · 10 Jul
8
Engineering - Industrial Equipments

IdeaForge raises ₹500 cr via QIP at ₹795, diluting equity 13.4%

The placement of 6,289,308 shares at a 4.89% discount to the floor price adds materially to the share count for a company with a ₹3,579 cr market cap.

IDEAFORGE Small cap 9:35 PM
8
Order Wins · Engineering - Industrial Equipments

Advait Energy lands ₹75.56 cr underground cabling contract from Gujarat utility

The turnkey order from PGVCL is about 3.3% of market cap, with an 18-month execution window. A material win for the small-cap energy transition firm.

ADVAIT Small cap 1:35 PM
5
Earnings · Engineering - Industrial Equipments

Elecon Engineering posts steady Q1 as order book swells to ₹1,518 cr

Consolidated revenue of ₹521 cr, net profit ₹70 cr. Gear division up 16.3% YoY; overseas revenue jumps 21.9%.

ELECON Mid cap 12:08 PM
5
Earnings · Engineering - Industrial Equipments

Elecon Engineering Q1: Gear division lifts revenue 16%, order book at ₹1,518 cr

Consolidated revenue hits ₹521 cr with 21% EBITDA margin. MHE order intake surges 38% YoY, including a ₹21 cr overseas port contract.

ELECON Mid cap 11:56 AM
5
Earnings · Engineering - Industrial Equipments

Elecon Engineering posts modest Q1, but order book swells to ₹1,518 cr

Gear division grows 16%, MHE orders jump 38% — chairman flags overseas port order as key for coming quarters.

ELECON Mid cap 11:49 AM
Thu · 09 Jul
5
Credit · Engineering - Industrial Equipments

CARE lifts International Conveyors rating on 44% revenue growth

CARE upgraded long-term bank facilities to BBB from BBB-, short-term to A3+ from A3. But the market already had the data. Risks from promoter-level debt and Elpro delisting remain.

INTLCONV Micro cap 11:09 PM
5
Engineering - Industrial Equipments

BHEL sets July 16 for Q1FY27 board meet, no surprises expected

The meeting to approve June-quarter results is a mandatory procedural disclosure. No financial data or earnings guidance is provided.

BHEL Mega cap 5:08 PM
6
Earnings · Engineering - Industrial Equipments

Eimco Elecon posts 14.7% revenue growth in Q1, profit up 6%

A strong start to the fiscal year but a routine quarterly release with no strategic surprises.

EIMCOELECO Micro cap 1:25 PM
Wed · 08 Jul
8
Engineering - Industrial Equipments

United Drilling Tools enters ₹2,600 cr premium casing market

The nano-cap has deployed 5,000 metres of 7-inch premium production casing at an Oil India gas well in Assam, opening the door to tenders from ONGC, Reliance, and Vedanta.

UNIDT Micro cap 1:08 PM
8
Order Wins · Engineering - Industrial Equipments

Cryogenic OGS lands second Fimer order, ₹5.27 cr for busbar kits

Repeat business from global solar inverter maker validates Infravolt's role in renewable supply chain; order represents over 10% of FY26 revenue.

CRYOGENIC Micro cap 12:34 PM
8
Order Wins · Engineering - Industrial Equipments

Inox India lands ₹939 cr in orders, space mega-deal leads

The order inflow since 21 May spans industrial gas, LNG, and cryo-scientific, with ₹871 cr from industrial gas alone.

INOXINDIA Mid cap 9:47 AM
Tue · 07 Jul
7
Engineering - Industrial Equipments

IdeaForge launches QIP, sets floor price at ₹835.86

The drone maker opens a qualified institutions placement with a 5% discount window; final price and total size still to be decided.

IDEAFORGE Small cap 8:21 PM