Hilton Metal Forging Limited has informed the Exchange about Bagging/Receiving of orders/contracts
HILTON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hilton Metal Forging has secured a contract to supply 3,60,000 Standard 155mm M107 empty bomb artillery shells at a rate of 15,000 units per month over 24 months. The total order value is approximately Rs. 720 crores. The customer is a domestic entity, though its name has been withheld citing confidentiality. The order is conditional on approval of a sample batch of 10 pieces and receipt of an advance linked to prototype approval. The promoter's Chairman & Managing Director, Yuvraj Malhotra, signed the disclosure.
This is a very large order for a small-cap forging company and could be a significant revenue boost, potentially transforming the order book. However, execution is conditional on sample approval and advance receipt, so investors should watch for confirmed dispatch timelines before treating the full Rs. 720 crores as guaranteed revenue.