Admach Systems Limited has informed the Exchange regarding receipt of Purchase Order
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Admach Systems Limited has received a new purchase order valued at ₹165.20 lakhs (inclusive of GST) from a domestic customer in the steel industry. The order is for the supply of Main System & Automatic Calibration Station equipment. The company's total current order book stands at ₹76.25 Crores (with GST). Payment terms are secured through a 100% irrevocable Letter of Credit, released in stages tied to advance, design approval, inspection, delivery, and commissioning milestones. Execution is expected within 8 to 10 months from the date of confirmed order on a door delivery basis. The filing confirms the customer is a domestic entity and the transaction is not a related party deal.
The new order adds to Admach's existing ₹76.25 Crore order book, providing near-term revenue visibility, with payment risk well-covered through a 100% LC structure. While the order size is modest relative to the overall book, consistent order inflows from the steel sector reinforce the company's positioning in this industry vertical.