NIBE Limited has informed the Exchange about Receiving of orders.
NIBE · price
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Awaiting price reaction for this filing.
NIBE Limited has received a purchase order valued at Rs. 23.33 crores (inclusive of all taxes and duties) for the supply of Armor Plate MIL12560 (ARMOUR). The order has been placed by one of the leading domestic Infra and Defence companies, and no promoter group or related party has any interest in the awarding entity. The order is to be executed in tranches, with full delivery expected by May 31, 2026. The product is a defence-grade armour plate, indicating the company's presence in the defence manufacturing segment. No other financial or operational guidance was provided in this filing.
This is a meaningful new order from a reputed defence-sector client, which should support the company's order book and revenue visibility over the next financial year. Short-term stock reaction may be mildly positive, though the size of the order relative to the company's overall revenue has not been disclosed in the filing.