Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, please find attached the business updates of Quest Flow Controls Limited.
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Quest Flow Controls has begun the process to secure the American Petroleum Institute (API) Monogram License, a key certification for global Oil & Gas projects, with the audit planned for April–May 2026 and certification expected by June 2026. The company made meaningful export progress, including two shipments to the USA, its first supply to Russia (via an Indian EPC to a Russian gas agency with EAC certification), and the appointment of a channel partner in Thailand. In defence and shipbuilding, it successfully developed and supplied the first submarine valve for a submarine refit project at Mazagon Dock Limited and developed fogway valve capability. The Government of India's Shipbuilding Financial Assistance Policy (SBFAP) now mandates 40% local content for commercial ships, a positive structural shift for Indian valve makers. The order book has crossed ₹100 Crore, supported by a new order from BHEL for a remote-control valve program for the IPMS system, and the company added new manufacturing assets, four fully automatic test benches, 18 new R&D members, and a new Pune office.
Multiple positive catalysts — regulatory progress on the API Monogram, export diversification into the US and Russia, and a strong defence milestone with Mazagon Dock — combined with a ₹100 Cr+ order book and supportive government policy for local shipbuilding content, signal healthy business momentum and potential upside for shareholders.