Engineering
60 recent notes from companies in this sector. 18 companies tracked.
Anand Projects Q1 revenue slips 17% to ₹25 lakh, loss narrows
Revenue slid to ₹25 lakh from ₹30 lakh a year ago, but net loss improved to ₹6.45 lakh from ₹8.22 lakh. For a ₹3 crore market-cap company with negative net worth, the numbers change nothing.
Kalind board to meet July 30 for Q1 results
Routine intimation; no financial figures. Trading window closed since July 1.
Bondada Engineering buys 60% in 225 MW solar SPV
Acquires control of Onix IPP, which holds a 225 MW solar project under PM-KUSUM with a 25-year PPA from MSEDCL, securing an estimated annual revenue stream of ₹150.48 crore.
HRS Aluglaze Q1: ₹25.5 cr orders, ₹112.3 cr book
Routine quarterly update: execution of ₹14.1 cr, subsidiary Geotrix begins with ₹0.8 cr revenue. All figures in line with recent trends.
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.
Anubhav Plast posts 11% revenue rise in first audited results since listing
Nano-cap steel pole maker reports ₹109.24 cr revenue and ₹6.94 cr profit for FY26; auditor gives clean opinion.
K.C.P. Sugar's subsidiary bags ₹257 cr order, bigger than its own market cap
The order from Hyundai Engineering is larger than K.C.P. Sugar's entire ₹247 cr equity value, marking a dramatic scaling for the Trichy-based fabrication unit.
Bondada Engineering lands India's first grid-scale VRFB storage project
The NTPC Renewable Energy EPC contract for a 100 MWh vanadium redox flow battery at the Khavda Solar Park includes ten years of O&M and positions Bondada as an early mover in long-duration storage.
KPI Green plugs its first Maharashtra solar plant into the grid
Charging permission for a 100 MW MAHAGENCO project turns a known order into operating capacity, but financial details remain undisclosed.
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.
Laser Power lands first LOI for HTLS conductors in India — ₹4.15 cr deal
First commercial HTLS conductor order in India from HPSEB. Small in value but validates technology and opens grid modernization market.
Rajesh Power wins ₹34.37 cr in state utility orders, enters Rajasthan
Two contracts from Gujarat and Rajasthan utilities add to order book but are modest relative to FY26 revenue of ₹1,628 cr and an existing order book of ₹3,741.79 cr.
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.
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.
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.
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.
Apollo Techno launches new soil rig, again without orders
The Apollo ST 300 targets geotechnical consultants and infrastructure builders, but no revenue impact or customer commitments were disclosed — mirroring a similar launch last year.
Lokesh Machines lands ₹58 cr defence order for machine gun kits
The order from the Ministry of Defence amounts to 28% of FY26 revenue and comes weeks after the company exited the US OFAC sanctions list.
LT Elevator breaks ground on ₹400 cr revenue plant, 2.5x capacity
The facility, expected by Q4 FY27, could generate peak revenue of ₹400 crore — roughly 84% of its current market cap. Director Yash Gupta calls it a declaration of intent for larger contracts.
HBL Engineering lands ₹24 cr KAVACH order from ICF Chennai
The contract runs through March 2028 but is tiny relative to the company's size: 0.12% of market cap and less than 1% of annual revenue.
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.
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.
Sigma buys UK aerospace maker Bromford for ₹153 cr, adds 46% revenue
The cash deal instantly lifts Sigma's revenue by ₹228 cr, nearly half its current topline, and expands its aerospace presence in Europe.
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.
GE Power India transcript confirms known turnaround, demerger terms
July 6 investor call record repeats ₹277 cr EBITDA swing, 25% services CAGR, and 10:139 demerger ratio to JSW Energy. No new strategic updates.
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.
Om Power bags ₹82 cr underground cabling order from Gujarat discom
The turnkey contract is approximately 18% of FY26 revenue, pushing order book to a record ₹621 cr and extending visibility into FY28.
Welspun shuffles senior roles as MD takes direct water charge
Managing Director Sandeep Garg steps in to lead water vertical; subsidiary CFO resigns. A routine realignment for a mid-cap EPC player.
KP Energy fires up 50.4 MW wind farm for NTPC in Kutch
The 16-turbine project, using Suzlon machines, reached COD on July 8. For a company that clocked ₹1,505 cr revenue in FY26, it's a steady step, not a game-changer.
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.
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.
Leapfrog Engineering lands ₹67 cr order from Oman's Tasneea Oil & Gas
The order is worth about a fifth of the nano-cap's market cap and is a firm purchase order, reducing execution risk.
KP Green lands ₹239.61 cr in orders, 19% of FY26 revenue
Solar mounting structures and railway crash barriers bulk of wins. Orders to be executed this fiscal, boosting capacity use.
HMT ordered to hand over 430 acres to Karnataka forest dept
The Deputy Conservator of Forests issued the directive; HMT says the dispute is already before the Supreme Court and will appeal.
South West Pinnacle lands ₹166.82 cr Reliance CBM extension
The contract is worth 68% of FY26 revenue, requires no new capex, and revenue flows from Q2 FY27. Reliance as counterparty adds credibility, but recent promoter selling and warrant dilution temper the outlook.
South West Pinnacle wins ₹5.89 cr order from Coal India arm
The order from CMPDI for Jharkhand coal exploration is small relative to revenue but adds a reputed PSU client to the micro-cap's order book.
Organic Recycling Systems approves 1:2 bonus issue
The board of the nano-cap waste-to-energy company clears a 1:2 bonus, capitalizing ₹5.20 crore from reserves. The signal is confidence, though fundamentals stay unchanged.
Salasar Techno faces fresh NCLT vote on merger after earlier meet set aside
NCLT Allahabad orders de novo equity shareholder meeting on August 8, 2026 for Hill View Infrabuild amalgamation, superseding June 5 proceedings. Reason undisclosed.
KP Green appoints IIMA professor as vice-chairman
Prof. Sunil Maheshwari, former IIMA professor and civil servant, joins as non-executive vice-chairman subject to shareholder nod. Director Amit Khandelwal resigns but stays in the KP Group.
Conart Engineers CS resigns; replacement process begins
Narendra D. Shah steps down effective July 1, 2026 for personal reasons. The board says it will appoint a successor within regulatory timelines.
South West Pinnacle to issue 2.82 million shares on warrant conversion
Promoters get 2,269,288 shares; non-promoters 552,123. Expected capital infusion of ₹49 cr and 9% dilution.
Galaxy Bearings freed from US sanctions after 19 months
OFAC removal ends a block that crippled exports and slashed profit 76%. The bearings maker can now resume global trade and access the US financial system.
Lokesh Machines exits US sanctions list, removes key overhang
The OFAC SDN removal, effective June 30, 2026, unfreezes properties and restores access to the US financial system and international trade for the defence equipment maker.
Expo Engineering absorbs promoter firm in 22:1 share swap
The merger consolidates two engineering businesses under common control, raising promoter stake to 60.74%. The transferor is small, with ₹4.42 cr turnover versus ₹68.22 cr for the listed entity. Subject to regulatory approvals.
Revathi Equipment loses CFO; no successor named
Sudhir Raju resigns effective June 30 citing personal reasons, leaving a key finance role open at the ₹220-cr nano-cap.
Adisoft clarifies ₹96 cr order book was pipeline: firm orders at ₹38.54 cr
The company said a definitional mix-up inflated its order book. FY27 revenue guided at ₹215 cr with 35-40% profit growth; new 25,000 sq ft facility planned for November.
CFO exits Modern Engineering, replacement lined up
Francisca Rosario resigns effective June 30; Navraj Bhatt, a CA from Man Infra, takes over from July 1. For a ₹48 cr market-cap firm with a recent Tata Steel order, the finance helm change is material.
SKIL Infrastructure draws 7 bids for insolvent ₹20 cr shell
The company received seven resolution plans by June 27, a strong signal of bidder interest for a near-dead entity undergoing CIRP since February 2024.
Kirloskar Pneumatic launches India's first indigenous mid-range compressor
The Tezcatlipoca A800 is a 600-980 CFM oil-free centrifugal compressor. No order or revenue details were disclosed, limiting near-term financial impact.
Ducon sees ₹10,000 cr FGD pipeline, but sales just ₹101 cr
The mandatory FGD program could fuel orders, but the small-cap firm hasn't shown sustained revenue growth. No hard targets were given. Execution remains the open question.
South West Pinnacle promoters vend 3.91% stake worth ₹26.9 cr in open market
The Jain family sold 1.17 million shares over two days, cutting their voting stake to 64.94%. No prior disclosure suggests a liquidity-driven exit.
Shree Marutinandan lands ₹76L fire-fighting order from POWERGRID project
The third work order in a month strengthens order book visibility for the nano-cap firm; delivery by December 2026.
Shri Bajrang's credit rating slips one notch to BBB-
Infomerics downgraded the Rs 25 crore HDFC facility to lowest investment grade, citing a review of FY26 performance. Outlook stays stable.
Admach Systems lands ₹5 cr steel-sector order, order book hits ₹81.71 cr
The two-roll straightening machine order from a domestic steel customer adds about 7% to FY26 revenue and takes the order book well above trailing sales.
Sharika Enterprises to raise ₹27 cr via preferential shares, warrants
The nano-cap, nursing a net loss and negative net worth, is issuing equity and warrants worth 31% of market cap. Shareholders vote on July 17.
Lloyds Engg promoter frees 2.3 cr shares from Tata Capital pledge
Lloyds Enterprises released pledge on 2.30 crore shares, reducing encumbered holding from 18.41% to 13.65% of promoter stake. The move signals improved financial flexibility.
Dee Development lands ₹64 cr wind tower order, diversifies beyond piping
DEE Fabricom India will supply 15 windmill towers to Ganeko Solar by Jan 2027. The order, worth 5.6% of FY26 revenue, adds a new revenue stream outside its core piping business.
Ducon targets ₹600-1,000 cr revenue in 2-4 years from ₹400 cr base
Cautiously optimistic management flags CO2 capture tailwind but declines FY27 guidance; ₹25 cr rights issue to fund working capital.
Organic Recycling Systems to weigh bonus share proposal on July 6
The board will consider issuing bonus shares, a positive signal for the ₹224-crore waste management firm. The final decision remains pending.
Power Mech lands ₹1,008.90 cr JSW thermal plant contract
The order from JSW Group is nearly four times the size of the Adani contract announced last month and boosts the order book substantially.