Synopsis: Shares of this microcap company are in focus after securing crore orders from BHEL, ThyssenKrupp, and SMS Group, boosting its order book to Rs. 61.98 cr in March, signaling strong demand momentum in casting and fabrication segments.
The shares of this global heavy engineering company with capabilities in castings, fabrication, machining, and EPC projects across multiple industrial sectors are in the spotlight after securing orders from BHEL, ThyssenKrupp, and SMS Group, strengthening the order book to Rs. 61.98 Cr in March.
With a market capitalisation of Rs. 360 cr, the shares of Simplex Castings Ltd were trading at Rs. 465 per share, down by 4% from its previous close of Rs. 485.15 per share. The stock has gained 84% over the past year, slipped 1% year-to-date, and is up 21% in six months and 7% in the past month.
About the orders
Simplex Castings Limited announced strong order inflows from leading global and domestic industrial players. The company secured orders worth Rs. 41.38 crore from key clients including BHEL, ThyssenKrupp, and SMS Group. These wins have significantly strengthened its total order book to Rs. 61.98 crore for March 2026, indicating robust demand momentum and reinforcing its position in the metallurgy and casting space.
Additionally, it received a domestic order worth Rs. 23.13 crore from SMS India Pvt. Ltd for the supply of coke oven doors, along with door frames and wall protection plates. The contract is to be executed within a period of five months from the issuance of the purchase order.
In March 2026, the company received multiple work orders totaling Rs. 61.98 crore, which were led by Rs. 23.13 crore from SMS Group and Rs. 13.02 crore from ThyssenKrupp Group for coke oven doors. Additionally, BHEL Varanasi placed orders worth Rs. 7.23 crore for heavy fabrication, while smaller cumulative orders of Rs. 18.6 crore were secured in fabrication and castings.
Simplex Castings Limited is a leading Indian precision metallurgy company with a global presence. It operates advanced manufacturing facilities, including cast iron foundries and heavy engineering plants, supported by modern machining infrastructure, CNC equipment, and design capabilities.
The company reported a slight 1% YoY decline in sales at Rs. 47.5 crore in Q3FY26 compared to Rs. 47.9 crore in Q3FY25, though lower than Rs. 55.4 crore in Q2FY26. Profitability showed a sharper contraction, with EBITDA falling 26% YoY to Rs. 7.70 crore from Rs. 10.4 crore in Q3FY25, while net profit declined 24% to Rs. 4.76 crore from Rs. 6.29 crore. Earnings per share (EPS) also dropped 30% YoY to Rs. 6.12 to Rs. 8.74.
As of Q3FY26, the quarterly order book stands at Rs. 100 cr. Some of the clients of the company are the Ministry of Defence, Suzlon, JSW, BHEL, Siemens, L&T and etc.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post Stock in Focus After Securing Orders Worth ₹41 Cr from BHEL, Thyssenkrupp and SMS Group appeared first on Trade Brains.