Admach Systems Limited has secured a purchase order worth ₹501.50 lakh from a domestic customer in the steel industry for the supply of a two-roll straightening machine. The order is scheduled for delivery within nine months from the date of the purchase order or advance payment, whichever is later. With this addition, the company's current order book stands at ₹81.71 crore, including GST, providing healthy revenue visibility for the coming periods.

Order Details

The key parameters of the order are summarised below:

Payment Structure

The purchase order includes specific payment terms structured in three tranches. The customer will pay 10% of the supply basic order value as an advance payment. Subsequently, 80% of the payment, including full GST, will be made against the Proforma Invoice and Factory Acceptance Testing. The remaining 10% will be paid after the successful commissioning of the equipment.

Management Commentary

Ajay Longani, Chairman and Managing Director of Admach Systems Limited, stated that the order highlights the company's technical capabilities and its ability to address the evolving requirements of customers in the steel industry. He emphasized the commitment to delivering high-quality equipment within stipulated timelines while pursuing opportunities across target industrial sectors.

Financial Performance

Admach Systems reported the following financial metrics for FY26:

Admach Systems specializes in Special Purpose Machinery (SPM) and advanced industrial systems, offering customized solutions for industries such as Defence, Nuclear & Atomic Energy, Aerospace, and Steel.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order does not involve any interest from the promoter, promoter group, or group companies in the entity that awarded the contract.

admach systems has secured a purchase order worth ₹165.20 lakhs from a domestic customer in the Special Steel Industry for the supply of Main System & Automatic Calibration Station. The order is scheduled for execution within 8 to 10 months on a door delivery basis. This new contract reinforces the company's current order book, which stands at ₹76.25 Crores (including GST).

The purchase order entails the supply of Main System & Automatic Calibration Station to a domestic entity. Payment terms are structured against a 100% irrevocable Letter of Credit (LC). The schedule includes a 15% advance against the submission of an Advance Bank Guarantee (ABG), followed by 15% upon layout approval, and 50% against equipment inspection with Proforma Invoice (PI) and taxes. The remaining 10% is due upon material receipt at the site, and the final 10% is payable against installation and commissioning with the submission of a Performance Bank Guarantee (PBG).

Order Details

The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order does not involve any interest from the promoter, promoter group, or group companies in the entity awarding the contract. Furthermore, the transaction does not fall under related party transactions.