Latest news with #PfaudlerNormagSystemsGmbH
&w=3840&q=100)
Business Standard
17 hours ago
- Business
- Business Standard
Why is GMM Pfaudler share price buzzing in trade today? Key details here
GMM Pfaudler share price: GMM Pfaudler share price jumped up to 5.01 per cent to hit an intraday high of ₹1,206.35 per share on Friday, June 20, 2025. However, by 12:40 PM, GMM Pfaudler shares were off day's high, and were trading 2.99 per cent higher at ₹1,183 per share. In comparison, BSE Sensex was trading 0.73 per cent higher at 81,957.83 levels. What triggered the up move in GMM Pfaudler share price today? GMM Pfaudler share price jumped in trade today after the company announced that its wholly-owned subsidiary, Pfaudler Normag Systems GmbH, Germany, has entered into a contract with a Europe-based customer for the design, engineering, and supply of complete end-to-end acid recovery equipment and systems. The value of the contract is approximately ₹330 crore (or EUR 33.2 million). In an exchange filing, GMM Pfaudler said, 'This is to inform you that Pfaudler Normag Systems GmbH, Germany, a wholly owned subsidiary of the Company, has entered into a contract with a Europe-based customer for the design, engineering, and supply of complete end-to-end acid recovery equipment and systems.' Under the terms of the deal, the company will receive a down payment of 30 per cent on signing of the contract. 'The Company expects meaningful revenue contribution from this order,' said GMM Pfaudler, in a statement. About GMM Pfaudler GMM Pfaudler is among the leading global suppliers of process equipment and systems, with a strong specialisation in corrosion-resistant technologies. Serving a wide range of industries—including chemical, pharmaceutical, food, and energy—the company is renowned for its expertise in glass-lined equipment and a diversified product portfolio that includes mixing systems, filtration and drying units, and heavy engineering solutions. The company's global presence has been further boosted by its strategic acquisition of a majority stake in the international operations of the Pfaudler Group. The move has majorly expanded its manufacturing footprint and capabilities across continents. The market capitalisation of GMM Pfaudler is ₹5,318.44 crore, according to BSE. The company falls under the BSE SmallCap category. The 52-week high of GMM Pfaudler is ₹1,530.80 per share, while its 52-week low is ₹953 per share.
Business Standard
20 hours ago
- Business
- Business Standard
GMM Pfaudler rises after subsidiary bags supply contract worth Rs 330 crore
GMM Pfaudler added 1.92% to Rs 1170.75 after the company said that its wholly owned subsidiary Pfaudler Normag Systems GmbH, Germany, has received a contract for supplying acid recovery equipment & systems from a Europe-based customer. The European customer is a manufacturer of light and medium weapons, ammunition, and tools for the defence and civilian sectors. As per the terms of the contract, the company would undertake design, engineering, and supply of complete end-to-end acid recovery equipment & systems. The project has to be executed within a period of 4 years. The value of this order is EUR 33.2 million or approximately Rs 330 crore. "The company expects meaningful revenue contribution from this order," GMM Pfaudler said in a statement. GMM Pfaudler delivers corrosion-resistant technologies, systems, and services worldwide and remains the preferred choice by consistently providing its customers in the chemical and pharmaceutical industries with innovative and cost-effective solutions. The company had reported a consolidated net loss of Rs 26.95 crore in the quarter ended March 2025 as against net profit of Rs 27.63 crore during the previous quarter ended March 2024. Sales rose 8.89% to Rs 806.59 crore in Q4 FY25 as compared with Q4 FY24.
Business Upturn
20 hours ago
- Business
- Business Upturn
GMM Pfaudler shares surge over 2% after German subsidiary secures Rs 330 crore contract from European client
By Aditya Bhagchandani Published on June 20, 2025, 09:23 IST GMM Pfaudler shares surged over 2% today after its wholly owned German subsidiary, Pfaudler Normag Systems GmbH, has signed a significant contract worth €33.2 million (approximately ₹330 crore) with a European-based customer. The deal involves the design, engineering, and supply of comprehensive acid recovery equipment and systems. As of 9:22 am the shares were trading at Rs 1,185 on NSE According to the exchange filing, the contract spans four years and includes a 30% upfront payment upon signing. The client, whose identity remains undisclosed due to confidentiality agreements, is a European manufacturer of light and medium weapons, ammunition, and tools catering to both defence and civilian sectors. GMM Pfaudler stated the project is expected to contribute meaningfully to the company's revenue over the execution period. Financial backdrop The announcement comes shortly after GMM Pfaudler reported a consolidated net loss of ₹27 crore in Q4 FY25, compared to a net profit of ₹27.6 crore in Q4 FY24. This figure excludes one-time closure costs of ₹47.7 crore related to severance, inventory write-offs, asset impairments, and other exceptional expenses. Despite the loss, revenue from operations rose 8.9% YoY to ₹806.6 crore. However, EBITDA declined 57.5% to ₹83.3 crore, and margins contracted to 10.3% from 12.1% in the same period last year. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
