Pritika Engineering Components Limited
Pritika Engineering manufactures customized products for tractors, commercial vehicles & other construction equipment, etc which are supplied to Original Equipment Manufacturers (OEMs) directly/through the group companies.
What Pritika files
- Others40
- Board Meeting13
- Updates11
- Important9
- Investor Meet5
- Results3
Pritika Group signed a 25-year solar power MOU, targeting ₹110 Cr energy savings group-wide. Pritika Engineering anticipates ₹70 Cr savings and will hold 26% equity in the SPV, enhancing operational efficiency and sustainability.
Pritika Engineering invested USD 50,000 in Omnia Engineering Inc. for 500,000 shares. This makes Omnia a wholly-owned subsidiary, aimed at leveraging new growth opportunities in the US markets.
Pritika Engineering Components secured an export order worth ~INR 0.51 Cr (USD 57K) from a major South Korean company for tractor engine components. This boosts its international order book and global market presence.
Pritika Engineering secured a new INR 70 Cr order over five years from a leading material handling equipment manufacturer. This order, worth ~INR 14 Cr annually for large components, boosts their capabilities in heavy-weight product supply.
Pritika Engineering Components reported robust Q1 results, with revenue surging 62.65% YoY to ₹37.23 Cr and net profit soaring 115.96% YoY to ₹2.03 Cr. The company acquired 87,000 sq ft land for expansion. It secured a significant ₹50 Cr order from a leading MNC tractor manufacturer over five years. New...