Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we are enclosing herewith the Press Release of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Quest Flow Controls has secured a ₹23.55 crore order from Garden Reach Shipbuilders & Engineers (GRSE) for the supply of valves and spares for a Naval Project. With this win, the company has crossed a significant ₹100 crore order book milestone, reinforcing its role as a trusted supplier to India's naval and shipbuilding sector. Management expects to execute the full order book within 12-18 months and is working to finish ahead of schedule. The company is also expanding internationally, targeting flow-control opportunities in the Middle East, South-East Asia, Russia, and North Africa across marine, oil & gas, and infrastructure segments. The CEO, Kishor Makvan, highlighted geographical diversification as a key driver of long-term, sustainable growth.
Positive for shareholders — the ₹100 crore order book provides strong revenue visibility over the next 12-18 months, and the GRSE win validates QFCL's defence credentials. International diversification efforts could open up new growth avenues, though execution risk and dependence on defence orders remain key watchpoints.