Admach Systems Limited has informed the Exchange regarding the receipt of order from Jailaxmi Alloy Steels Pvt. Ltd.
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Admach Systems Limited has received two orders from Jailaxmi Alloy Steels Pvt. Ltd., based in Ch. Sambhajinagar, valued at approximately Rs. 18.11 crores (including GST). The orders cover design, engineering, manufacturing, installation, integration, commissioning, and supervision of a round and square bar complete finishing line and an ultrasonic testing machine (NDT) mechanics. The execution deadline is July 15, 2026. Payment terms are favourable: 25% advance, 65% before dispatch, and 10% against a performance bank guarantee. The company's current order book stands at Rs. 67.50 crores, meaning this new order adds roughly 27% to the existing order book.
This is a material new order that significantly strengthens Admach Systems' order book and provides good revenue visibility through mid-2026. The favourable advance payment terms reduce execution risk. Positive for the stock in the short term, though the order is from a single domestic client, so concentration risk remains.