GTV Engineering Wins ₹21.9 Mn Order, Adds to Infra-Fab Pipeline Strength

Image Source: gtv.co.in

GTV Engineering Ltd. has secured an order of ₹21.9 million along with its capability in heavy steel fabrication and infrastructure component business. The project and client details are not available but the company has mentioned that the order is for precision-fabricated assemblies for a public sector infrastructure project, which can be in the power or railways segment.

This victory comes on the heels of a series of orders in recent times, including a ₹32.2 crore order from Larsen & Toubro for NTPC's Nabinagar and Gadarwara thermal power projects, which is a strong increase in order intake during FY26. The ₹21.9 million order is to be completed in the next two quarters and will be serviced from GTV's Mandideep plant in Madhya Pradesh.

Key Highlights

Order value: ₹21.9 million
Scope: Steel assemblies produced for infra project
Implementation timeline: Q2–Q3 FY26
Strategic alignment: Simplifies GTV's growing PSU and EPC customer base
Financial implication: It enhances revenue visibility and capacity utilization
Share update: GTV shares have hit a 52-week high of ₹1,199, 200% above YoY