Qualitek Labs Limited (BSE: 544091), a leading provider of testing, inspection, certification and allied quality assurance services, is pleased to announce that it has been granted accreditation by the National Accreditation Board for Certification Bodies (NABCB) under ISO/IEC 17020:2012 for Inspection Services as type "A" Inspection Body.
NABCB, a constituent board of the Quality Council of India (QCI), is India's national accreditation body responsible for accrediting conformity assessment bodies against internationally recognized standards. The accreditation demonstrates Qualitek Labs' technical competence, impartiality, and capability to perform inspection services in accordance with globally accepted requirements.
The Company has received accreditation for inspection services to the following sectors:
"Mining & Quarrying | Basic Metal & Fabricated Metal Products | Machinery and Equipment | Electrical & Optical Equipment | Other Transport Equipment | Water Supply | Other Social Services"
The accreditation significantly enhances the Company's service portfolio and positions it to cater to inspection requirements across a wide spectrum of industries and supply chains.
Expanding Opportunities Across High-Growth Sectors
Based on the accredited scope, the Company is well positioned to pursue inspection assignments across sectors including:
- Solid Fuels (Coal & Coke) and Minerals & Ores
- Railway Wagons, Rolling Stock and Railway Supply Chain
- Defense Supply Chains
- Automotive OEMs, Component Manufacturers & Supply Chain
- Electrical & Electronics manufacturer & Supply Chain
- Water Supply and Government Projects
Strengthening Presence in the Inspection Market
The inspection industry in India represents a significant market opportunity, driven by increasing regulatory requirements, quality assurance standards, infrastructure development, manufacturing growth, and global supply chain compliance needs. The market continues to witness strong demand from both public and private sector enterprises.
The Company's inspection service business operates on a scalable and asset-light model, enabling efficient expansion across multiple industry verticals while maintaining operational flexibility. At present the Market is driven by Major MNCs.
Commenting on the development, the management of Qualitek Labs Limited stated: "The NABCB accreditation under ISO/IEC 17020:2012 marks an important milestone in our growth journey. It reinforces our commitment to quality, technical excellence and customer trust. The accreditation strengthens our capability to offer inspection services across critical sectors of the economy and supports our vision of becoming a comprehensive quality assurance partner for industry and government organizations alike."
The accreditation will help us in strengthening our Low Capex based Business.
Shares of Qualitek Labs Limited was last trading in BSE at Rs. 431.55 as compared to the previous close of Rs. 419.55. The total number of shares traded during the day was 41200 in over 96 trades.
The stock hit an intraday high of Rs. 447.95 and intraday low of 418.50. The net turnover during the day was Rs. 17961260.00.