Innomet Advanced Materials wins Rs 88.99 lakh order from Federal-Mogul
Innomet Advanced Materials secured a Rs 88,99,855 purchase order from Federal-Mogul Goetze (India) for its Metal Powder Division. The domestic order, dated May 29, 2026, will be delivered per a specified schedule.
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Innomet Advanced Materials has secured a purchase order worth Rs 88,99,855 from Federal-Mogul Goetze (India) for its Metal Powder Division. The order, dated May 29, 2026, was awarded by the domestic entity and is expected to be executed according to the delivery schedule specified in the purchase order.
The disclosure was made to the National Stock Exchange of India under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Saritha Devi Chilakapati, Whole-Time Director & CFO, confirmed that the company has no promoter or group company interest in the entity awarding the order.
Order Details
The following table outlines the key particulars of the transaction:
| Particulars | Details |
|---|---|
| Name of Client | Federal-Mogul Goetze (India) Ltd |
| Nature of Order | Purchase Order for Metal Powder Division |
| Order Value | Rs 88,99,855 |
| Entity Type | Domestic |
| Related Party Transaction | Not Applicable |
Historical Stock Returns for Innomet Advanced Materials
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.00% | -4.65% | -4.28% | -17.00% | -51.30% | -56.32% |
How will this order impact Innomet's revenue projections for the current fiscal year?
Does this purchase order signal the start of a long-term partnership with Federal-Mogul Goetze?
What are the expected margins on the metal powder products supplied under this agreement?
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