Image Source: IPO Central
CFF Fluid Control Ltd has bagged a fresh order worth ₹49.4 million from Garden Reach Shipbuilders & Engineers (GRSE), reinforcing its position as a key supplier to India’s naval infrastructure. The order, confirmed in late June, adds to a string of recent contracts that highlight the company’s growing footprint in defensegrade engineering solutions.
This latest win is part of GRSE’s ongoing modernization and shipbuilding initiatives, with CFF expected to deliver critical fluid control systems tailored for naval vessels. The company specializes in manufacturing and servicing shipboard machinery, propulsion systems, and test facilities for submarines and surface ships.
Key Highlights:
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The ₹49.4 million order follows multiple contracts awarded to CFF Fluid Control in recent months, including a ₹104.6 million order in July 2024 and a ₹39.1 million order in December 2024.
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CFF’s facilities in Khopoli are equipped to handle complex engineering demands for the Indian Navy, nuclear energy, and clean tech sectors.
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The company has demonstrated strong financial growth, with a 76.6% profit CAGR over five years and a market cap of ₹1,258 crore.
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Its stock has shown resilience, trading near ₹646 with a 52week high of ₹949.
This order not only strengthens CFF’s defense portfolio but also signals continued confidence from GRSE in its technical capabilities and delivery track record.
Source: Screener, Zerodha, Moneycontrol
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