Nibe Share Price in Focus on ₹22.26 Crore Defence Order for Turret Structures

Nibe Limited has secured a noteworthy ₹22.26 crore purchase order from a reputed player in the infrastructure and defence industry. The contract involves the supply of turret structure assemblies and is scheduled for phased execution through to June 28, 2026. 

₹22.26 Crore Order Marks Strategic Win for Nibe Limited

Nibe Limited announced it had received a purchase order worth ₹22.26 crore (inclusive of taxes and duties) from a leading domestic Infra and Defence company. This contract involves supplying turret structure assemblies, key components in military-grade equipment. The delivery will be executed in tranches and completed by June 28, 2026.

Domestic Focus and Contract Highlights

The order was placed by a domestic entity, aligning well with India’s focus on boosting indigenous defence capabilities. While the customer’s name is undisclosed, the classification as a top Infra and Defence firm underscores the order’s strategic relevance. The contract strengthens Nibe Limited’s portfolio in high-value engineering and precision assembly for the defence sector.

Read More: Paras Defence Share Price Surges on ₹22 Crore Drone Jamming Order from France’s Cerbair!

Execution Timeline and Revenue Visibility

The order will be executed in stages by June 2026, enabling Nibe to manage production efficiently while ensuring consistent revenue inflow over the next fiscal year. This phased delivery model reduces operational stress and optimises cash flow, which is vital for sustaining performance in capital-intensive industries like defence manufacturing.

The order also signifies trust in Nibe’s technical capabilities and compliance standards, setting a precedent for future business in defence components supply. It marks a forward leap in the company's strategic growth plan.

Nibe Share Price Performance

On July 2, 2025, at 09:27 AM, Nibe share price is trading at ₹1,679.40, a 0.48% increase.  over the past week, it has declined by 0.97%, over the past month, it has declined by 2.57%, and over the past 3 months, it has moved up by 52.85%.

Conclusion

Nibe Limited’s ₹22.26 crore turret structure assembly order from a premier Infra and Defence firm is a meaningful addition to its order book. With structured execution and no related-party involvement, the deal positions the company for stable growth and increased industry credibility in the defence manufacturing domain.

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