Mazda Limited wins USD 11.67 million export order for ZLD Plant Multi Effect Evaporator

Sandip Raj Gupta

    19/Dec/2024

What's Covered Under the Article

  1. Mazda Limited receives a significant export order worth USD 11.67 million for ZLD plants.
  2. The international contract is for manufacturing and supplying Multi Effect Evaporators.
  3. The order will be executed within nine months, showcasing Mazda Limited's global business growth.

Mazda Limited, a leading player in the engineering sector, has announced a significant milestone in its international business journey. The company has secured an export purchase order valued at USD 11.67 million (approximately ₹98 crore) from a new international customer. This order is for the manufacturing and supply of Multi Effect Evaporators intended for a Zero Liquid Discharge (ZLD) plant.

Key Highlights of the Order

  • Nature of the Contract: The order involves the manufacturing and supply of advanced Multi Effect Evaporators designed to support ZLD systems. These systems are critical for industries aiming to minimize wastewater discharge and comply with environmental regulations.
  • Customer Details: Due to commercial considerations, Mazda Limited has not disclosed the name of the customer. However, it has confirmed that the order was placed by an international entity, marking a significant step in expanding its global footprint.
  • Execution Timeline: The company is expected to complete and deliver the project within a tight timeline of nine months, reflecting its operational efficiency and commitment to timely execution.

What is a Multi Effect Evaporator?

A Multi Effect Evaporator is a vital component in ZLD systems, used to recover water from industrial wastewater by evaporating the liquid and leaving behind concentrated solid waste. These systems are integral in industries such as chemicals, textiles, and pharmaceuticals, where water conservation and regulatory compliance are critical.

Mazda Limited's expertise in developing and supplying high-efficiency evaporators has positioned it as a preferred partner for international clients seeking sustainable and reliable solutions.

Strategic Implications

  1. Strengthening Global Presence: Securing this international order showcases Mazda Limited's growing reputation in the global market for innovative and sustainable engineering solutions.
  2. Revenue Boost: The USD 11.67 million contract is expected to significantly enhance the company's revenue for the fiscal year, contributing to its financial stability and growth.
  3. Focus on Sustainability: By supplying critical components for ZLD plants, Mazda Limited aligns itself with global sustainability goals and emerging environmental compliance requirements.

Compliance and Disclosure

In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has provided all necessary disclosures to the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The detailed disclosure, as outlined in Annexure-I of the filing, highlights the order specifics, execution timeline, and financial considerations.

Financial Considerations

  • Order Value: USD 11.67 million, equivalent to approximately ₹98 crore.
  • Impact on Financials: The order is expected to positively impact the company's earnings in the next two quarters as the project progresses toward completion.

Industry Outlook

The demand for ZLD systems is rising globally due to stricter environmental regulations and increasing awareness of water scarcity. Mazda Limited's involvement in such projects positions it favorably in the engineering sector, particularly in the niche of sustainable water management solutions.

By securing this order, Mazda Limited not only reinforces its capabilities in the international market but also underscores its commitment to delivering high-quality, sustainable engineering products.

Conclusion

Mazda Limited's latest achievement is a testament to its strong engineering expertise, efficient execution, and strategic focus on sustainability. As the company continues to expand its international footprint, this order could pave the way for further collaborations and enhanced market credibility in the global engineering and environmental solutions space.

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The Current active IPO is Transrail LightingMamata MachineryDAM Capital, Sanathan TextilesConcord EnviroNewmalayan Steel, Identical Brain Studios and NACDAC Infrastructure.

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