United Heat Transfer Fires Up Order Book with ₹7.7 Million Win

United Heat Transfer Ltd (UHTL), a niche player in industrial heat exchange solutions, has secured a fresh order worth approximately ₹7.7 million, reinforcing its momentum in a challenging capital goods market. The order, confirmed on July 2, 2025, is expected to be executed over the next two quarters and adds to the company’s growing pipeline of domestic and export contracts.

 

While the client’s identity remains undisclosed, sources indicate the order pertains to custom-engineered shell and tube heat exchangers, a core product line for UHTL. These systems are widely used in sectors such as oil & gas, marine, and heavy-duty engines.

 

Key Highlights:

 

- Order Value: ₹7.7 million (~$92,000), to be fulfilled by Q4 FY26.

- Product Scope: High-performance heat exchangers tailored for industrial applications.

- Strategic Fit: Reinforces UHTL’s positioning in the mid-cap engineering segment.

- Financial Context: Comes amid a 16% YoY revenue decline and margin pressures in FY25.

- Market Reaction: Shares remained flat at ₹55.40, reflecting cautious optimism.

- Growth Outlook: Analysts expect the order to marginally improve Q2 topline, with more traction needed for a turnaround.

 

Founded in 1995, UHTL has been steadily expanding its footprint across India and select international markets. With a market cap of just over ₹1 billion, the company is betting on operational efficiency and product customization to weather macroeconomic headwinds.

 

Sources: Simply Wall St, United Heat Transfer Ltd company filings, AmbitionBox