Digilogic Systems wins ₹4.08 crore order from Ministry of Defence
Digilogic Systems Limited secured a ₹4.08 Crore order from the Ministry of Defence for supplying and commissioning a Satellite Front End Checkout and Monitoring Assembly. The project involves testing spaceborne electric sub-systems, with delivery scheduled for completion by March 2027. The order is domestic and exclusive of GST, with no related party interests involved.
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Digilogic Systems has secured a purchase order worth ₹4.08 Crores from the Ministry of Defence, Government of India, for the supply and commissioning of specialized satellite testing equipment. The contract entails the Supply, Installation and Commissioning of a Satellite Front End Checkout and Monitoring Assembly designed for the test and evaluation of spaceborne electric sub-systems. This order strengthens the company's presence in the defence sector and underscores its capability in supporting critical space infrastructure projects.
The purchase order was received on July 14, 2026, and the project execution is subject to specific timelines outlined by the client. According to the filing, the delivery for the order is to be completed by March 2027. The contract value is exclusive of GST, and the order has been awarded by a domestic entity. There are no interests held by the promoter, promoter group, or group companies in the entity that awarded the order, and the transaction does not fall within related party transactions.
The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the details in compliance with a SEBI circular dated July 13, 2023, and the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The filing was signed by Kameswara Rao Vempati, Company Secretary and Compliance Officer.
Order Details
| Particulars | Details |
|---|---|
| Name of the entity awarding the order | Ministry of Defence, Government of India |
| Nature of order | Supply, Installation and Commissioning of Satellite Front End Checkout and Monitoring Assembly |
| Time period for execution | Delivery to be completed by March, 2027 |
| Size of the order | ₹4.08 Crores (exclusive of GST) |
| Domestic or International | Domestic |
Historical Stock Returns for Digilogic Systems
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.27% | -2.20% | -0.74% | +52.18% | +52.18% | +52.18% |
How will this order impact Digilogic Systems' revenue projections for the current and upcoming fiscal years?
Does this contract position Digilogic as a preferred vendor for future space infrastructure projects within the Ministry of Defence?
What are the potential margin implications for this specialized satellite testing equipment compared to the company's other product lines?
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