Deals20 Mar 2026, 06:14 pm
Simplex Castings Announces Large Order Wins Worth ₹41.38 Crores from BHEL, ThyssenKrupp, and SMS
AI Summary
Simplex Castings Limited, a leading precision metallurgy and casting solutions company in India, has announced significant order wins from SMS Group, ThyssenKrupp, and BHEL Varanasi. The combined order value is ₹41.38 crores, elevating the company's order book to ₹61.98 crores in March 2026. These orders are primarily trial or qualification-stage mandates, with Simplex viewing them as a precursor to larger ticket and high margin commitments. The company is uniquely positioned to capture a dominant share of the emerging opportunity set in the steel sector.
Key Highlights
- Simplex Castings won orders worth ₹41.38 crores from SMS Group, ThyssenKrupp, and BHEL Varanasi
- The orders elevate Simplex Castings' order book to ₹61.98 crores in March 2026
- These orders are primarily trial or qualification-stage mandates
- Simplex Castings is well-positioned to capture a dominant share of the emerging opportunity set in the steel sector
- The company is a leading precision metallurgy and casting solutions company in India