GTV Engineering Limited, a leading industrial engineering and fabrication company based in Madhya Pradesh, has formally announced the receipt of a Letter of Intent (LOI) from Gebr. Pfeiffer (India) Private Limited. The announcement, made to the BSE on June 30, 2025, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the supply of engineering components worth ₹14.51 crores, excluding GST.

This LOI pertains to the manufacturing and supply of 5 sets of Static Parts for Cement, Coal, and Raw Mills, including Separating Wheels, Gap Type Seals, and Water Nozzles. The supplies are scheduled to be delivered within a period of 8 months as per the technical specifications and terms & conditions laid out in the LOI dated June 27, 2025.

Order Details and Scope

According to the filing, the order components will cater to several reputed end clients, namely:

• JSW CM (Cement Manufacturing)

• Saint Gobain GC (Glass and Cement operations)

• Gold Crest (KHD Engineering)

• Wonder RM & KM (Wonder Cement Raw Mill and Kiln Mill Units)

This large-scale supply highlights GTV Engineering’s capability in precision manufacturing for heavy industrial applications, especially in the cement and allied sectors.

Strategic Importance

This ₹14.51 crore order is significant for GTV Engineering as it represents a healthy addition to its existing order book in the current fiscal year. The company clarified that this transaction falls under the normal course of business operations, reflecting the continuity and reliability of GTV's relationship with global industrial majors like Gebr. Pfeiffer.

Gebr. Pfeiffer, the client awarding the LOI, is a globally reputed German-origin engineering firm, known for its high-performance grinding equipment and process systems used in the cement, coal, and minerals industries. Their Indian subsidiary is engaged in major infrastructure and industrial equipment procurement across the subcontinent.

GTV Engineering’s consistent engagements with such multinational partners underscore its technical credentials, compliance standards, and manufacturing capacity.

Technical Specifications & Product Breakdown

The components mentioned in the LOI are specialized and critical to the operational efficiency of large-scale cement and coal processing equipment:

• Static Parts: These are foundational components within mills that support stability, vibration control, and mechanical alignment.

• Separating Wheels: Used for dynamic classification in grinding systems.

• Gap Type Seals: Engineered for sealing mechanisms in high-pressure and high-temperature mill environments.

• Water Nozzles: Essential for thermal management and dust suppression within operational mill systems.

By delivering such mission-critical parts, GTV not only enhances its engineering portfolio but also strengthens its aftermarket service ecosystem, a key focus area in capital-intensive sectors like cement manufacturing.

Execution Timeline and Logistics

GTV Engineering has committed to fulfilling the entire scope of the order within 8 months, which is in line with industry-standard lead times for such highly customized engineering parts. The dual manufacturing units at Malanpur (Gwalior) and Mandideep (Bhopal) will be jointly leveraged for fabrication and dispatch.

This reflects the company’s optimized plant capacity and structured workflow management, both of which are crucial for meeting large-volume orders within tight schedules.

Financial Impact and Disclosure Integrity

While the transaction is part of regular operations, the ₹14.51 crore order value signifies a notable contribution to quarterly revenue projections and may positively influence investor sentiment and market expectations. The disclosure complies with SEBI's LODR norms and has been shared transparently with relevant stock exchanges.

It is worth noting that such high-value industrial supply orders also reinforce GTV Engineering’s brand equity, especially among multinational EPC players and OEMs (Original Equipment Manufacturers).

Company Overview and Growth Outlook

GTV Engineering Limited, incorporated in 1990 and headquartered in Mandideep (Bhopal), is engaged in high-quality mechanical fabrication, EPC support services, and industrial equipment manufacturing. The company is known for its focus on large engineering assemblies and precision components required in power, steel, cement, and petrochemical industries.

With active manufacturing units in Madhya Pradesh and a strong technical workforce, GTV has been delivering value across India and forging long-standing partnerships with industry leaders. The firm’s ongoing order executions, along with new business wins like this one from Gebr. Pfeiffer, continue to position it as a resilient mid-cap player in the Indian engineering landscape.

Conclusion

This LOI from Gebr. Pfeiffer (India) Pvt. Ltd., valued at ₹14.51 crore, represents a strategic win for GTV Engineering Limited, reinforcing its reputation in the specialized component supply chain of cement and mineral processing industries.

By fulfilling this order within stipulated timelines, GTV is poised to not only meet its revenue targets for FY2025-26 but also to further cement its market position in the high-growth industrial engineering segment.

For continued updates on GTV’s operations and financial disclosures, stakeholders and investors are encouraged to monitor further BSE filings and quarterly result announcements.

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