Admach Systems has secured a significant purchase order worth ₹1.65 crore for a Main System & Automatic Calibration Station from a domestic customer in the steel industry. According to reports from Business Standard, the contract involves manufacturing and supplying specialized equipment to meet the customer's specific requirements. The company has confirmed that the transaction does not qualify as a related-party transaction, with neither its promoters nor promoter group entities having any interest in the contract. As per the latest reports, the company's current order book now stands at ₹76.25 crore following this latest contract win.
The payment schedule for the contract follows a structured approach with 100% irrevocable letter of credit as the payment mechanism. As reported by Business Standard, the payment terms include 15% advance against submission of an Advance Bank Guarantee (ABG), 15% upon approval of the layout, 50% along with applicable taxes against equipment inspection, 10% upon receipt of material at the project site, and the remaining 10% after installation and commissioning against submission of a Performance Bank Guarantee (PBG). The company has committed to manufacturing and delivering the equipment within 8 to 10 months from the date of order confirmation on a door-delivery basis.
Admach Systems specializes in designing, manufacturing, and supplying customized special-purpose machines and automation systems for industries including steel, automotive, food processing, tooling, and engineering. According to Business Standard, the company offers comprehensive solutions such as black bar handling, bar chamfering and straightening, bright bar processing, grinding, and super-finishing systems. Headquartered in Pune, Maharashtra, the company operates with an annual production capacity of 100 units and achieved full utilization during FY2024-25. As of March 31, 2025, the company employed 58 full-time personnel.
The company reported revenue from operations of ₹5.41 crore and net profit of ₹1.46 crore for the period ended December 31, 2025. As reported by Business Standard, the stock price rose 0.01% to ₹309.65 on the BSE following the announcement of this major contract win. The latest contract win demonstrates the company's continued focus on securing orders in the steel industry sector.
