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Admach Systems bags ₹50.15 million steel industry order, shares in focus

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Admach Systems bags ₹50.15 million steel industry order, shares in focus
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DBT Bureau

Pune, 28 June 2026

Admach Systems Limited, a specialised engineering solutions company engaged in the design and manufacturing of Special Purpose Machinery, Non-Destructive Testing systems and advanced industrial equipment, has received a purchase order worth ₹50.15 million (₹501.50 lakh), including GST, from a domestic customer operating in the steel industry.

The order involves the supply of a two-roll straightening machine, designed to support precision straightening requirements in steel-processing operations. The equipment is scheduled to be delivered within nine months from the date of receipt of the purchase order or advance payment, whichever is later.

Following this order, the company’s total order book stands at ₹81.71 crore, including GST, providing healthy revenue visibility for the coming periods.

Key Order Details

  • Customer Segment: Domestic Steel Industry
  • Equipment: Two-Roll Straightening Machine
  • Order Value: ₹5.02 crore, including GST
  • Execution Timeline: Within nine months from the date of the purchase order or receipt of advance payment, whichever is later
  • Current Order Book: ₹81.71 crore, including GST

Ajay Longani, Chairman and Managing Director of Admach Systems Limited, said: “This order is another important addition to our growing portfolio of customised industrial machinery solutions. It highlights our technical capabilities and our ability to address the evolving requirements of customers in the steel industry. We remain committed to delivering high-quality equipment within the stipulated timelines while continuing to pursue opportunities across our target industrial sectors.”

Admach Systems Limited last traded at ₹300.10. The company has a market capitalisation of ₹203.25 crore and a price-to-earnings (P/E) ratio of 16.32. The stock has touched a 52-week high of ₹315.00 and a 52-week low of ₹179.00.

Disclaimer : Investment in securities & commodities market are subject to market risks, read all the related documents carefully before investing

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