Pradeep Metals announced a strategic investment of up to ₹250 crore to establish a greenfield manufacturing facility for large calibre ammunition in Nagpur, leveraging its precision engineering expertise.

This marks the company's largest expansion, creating a new growth platform in the defence sector and aligning with national initiatives.

Commercial production is expected in Q4 FY2026-27 with an annual capacity of 150,000 pieces.

For FY2025-26, the company reported total income of ₹330.30 crore, an EBITDA margin of 15.12%, profit after tax of ₹25.32 crore, and earnings per share of ₹14.67.