Kranti Industries Forays into Heavy Duty Gearbox Segment with New Order from Bonfiglioli Transmission

Kranti Industries Limited, a trusted leader in precision component manufacturing, is pleased to announce the receipt of a sample purchase order from Bonfiglioli Transmission Private Limited, a prominent and esteemed domestic client. The project involves the development of Industrial Machinery parts for application in heavy-duty gearbox systems. This marks Kranti's foray into a highly specialized and technically demanding category, showcasing its engineering strength and adaptability.

This engagement represents a significant milestone as the company expands into advanced mechanical solutions. It reflects Kranti's ongoing commitment to diversification and scaling up its value-added capabilities. By entering a new domain of industrial innovation, Kranti is well-positioned to enhance its technical portfolio. The estimated annualized business potential from this new parts stands at approximately ₹6.84 crore, offering strong revenue visibility and long-term growth potential.

Key Order Details:

Customer Name: Bonfiglioli Transmission Private Limited
Order Nature: Development of Industrial Machine Parts - Heavy Duty Gearbox Components
Order Type: Sample Order (Domestic)
Order Value: ₹6.84 crore (Annual, approximately)
Segment: New Product Category for Kranti Industries Limited
Timeline Process: As per the proposed purchase order

Commenting on this achievement, Mr. Sachin Subhash Vora, Chairman &Managing Director of Kranti Industries Limited, said, "We are delighted to begin this association with Bonfiglioli Transmission, a development that highlights our continued emphasis on progress and technological advancement. This engagement enables us to demonstrate our expertise in crafting sophisticated, performance-centric components for dynamic industrial environments. Venturing into this segment enhances our reach into untapped domains and affirms our capability to address complex engineering challenges with precision and efficiency. It is a strong validation of our evolving competencies and quality-driven approach.

The initiative marks a significant leap forward in Kranti's evolution, offering entry into a niche space within heavy mechanical assembly parts. Beyond extending our technical scope, it sets a solid platform for enduring alliances in specialized manufacturing. This move into the Heavy Duty Gearbox domain is fully aligned with our vision of scaling operations into more intricate, value-added product lines. We are confident that this step will unlock future opportunities, fortify our industry position, and contribute to sustained value generation for all stakeholders.

Shares of Kranti Industries Ltd was last trading in BSE at Rs. 105.73 as compared to the previous close of Rs. 96.12. The total number of shares traded during the day was 41845 in over 212 trades.

The stock hit an intraday high of Rs. 105.73 and intraday low of 97.50. The net turnover during the day was Rs. 4344483.00.

Source : Equity Bulls

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