Admach Systems Limited (BSE: 544669), a manufacturer of special-purpose machines and non-destructive testing (NDT) equipment, today announced the receipt of a purchase order valued at ₹295.73 lakh (inclusive of GST) for the supply of two non-destructive testing machines. The order has been placed by a renowned domestic customer in the NDT industry, with the final place of delivery in Mexico and China.
Order Highlights
The order carries investor-friendly commercial terms: a 30% advance received along with the purchase order, with the balance payable against dispatch - a structure that keeps the working-capital footprint of execution minimal. The order is scheduled for execution within 16 weeks from the PO date, implying delivery within Q3 FY27.
While routed through a domestic customer, the machines are destined for end-use facilities in Mexico and China, underscoring Admach's growing indirect presence in global manufacturing supply chains and the acceptance of its NDT equipment to international quality standards.
With this order, the Company's order book stands at ₹83.77 crore (inclusive of GST) - providing strong revenue visibility over the coming quarters.
Mr. Ajay Longani, Chairman and Managing Director of Admach Systems Limited, said: "This order reflects the trust that leading players in the NDT industry place in Admach's engineering capabilities. That our machines will be deployed at facilities in Mexico and China speaks to the global competitiveness of equipment designed and built at our Pune facility. With an order book of over ₹83 crore, we enter the coming quarters with healthy visibility, and our focus remains on timely execution and disciplined working-capital management."
Shares of Admach Systems Limited was last trading in BSE at Rs. 375.50 as compared to the previous close of Rs. 357.65. The total number of shares traded during the day was 17400 in over 25 trades.
The stock hit an intraday high of Rs. 375.50 and intraday low of 370.00. The net turnover during the day was Rs. 6507480.00.