Simplex Castings Ltd

🚢 Simplex Castings Secures ₹4.30 Crore Defence Order for Critical Ship Components

- New ₹4.30 Cr order from MoD (via Mazagon Dock) for propulsion castings on six 7,500 DWT Multi-Purpose Vessels.

- Components include Stern Boss Castings, Forward Stern Tube Castings, and Test Coupons with full documentation.

- Execution timeline: 6-8 months.

- Highlights Simplex’s expertise in complex metallurgy, precision pattern-making, and quality assurance.

- Management notes higher-margin potential due to technical complexity of components.

- Expects recurring orders as India accelerates naval modernization and shipbuilding programs.

- Simplex is a global Precision Metallurgy firm with advanced manufacturing facilities.