Megatherm Induction jumps 5% after receiving ₹63 Cr orders from multiple companies

This Manufacturing stock with specialization in manufacturing of induction heating & melting equipment is in focus as it jumped up to 5.59 percent after it reported bulk orders worth Rs. 63 Crores.

Share Price Movement

With a market capitalization of Rs. 537 Crore, the stock of Megatherm Induction opened at Rs. 282 down 0.77 percent from yesterday’s closing price of Rs. 284.20, and later it made a high of Rs. 300 up 5.59 percent.

Order Update

The Company has received bulk orders from 3 different companies, which are to be executed in FY26.

• Rungta Mines Group ( approx Rs. 25 Crore )
• Shyam Metalics & Energy Group ( approx Rs. 26 Crore )
• Chandan Steel Limited ( approx Rs. 12 Crore )

Financial Highlights

The company reported a marginal 0.73 percent YoY increase in revenue from Rs. 146.87 Crore in H1FY24 to Rs. 147.95 Crore in H2FY25. Their Net profit saw an increase of 22.66 percent from Rs. 7.59 Crore to Rs. 9.31 Crore for the same period. 

Also read: Kalyani Group stock in focus after unveiling MArG 45 mobile gun system at IDEX Abu Dhabi 2025

Business Highlights

The Company has over 1000+ customers with 3000+ installations and serves 51+ Countries Worldwide. Their Clients include some of the major companies like Tata Motors, Hindalco, CESC Limited, BHEL, Shyam Steel, SRBM, and many more.

About the Company

Megatherm Induction Limited is an Indian company specializing in the manufacturing of induction heating and melting equipment, such as induction melting furnaces and induction heating systems. Established in 2010, it operates as a subsidiary of Megatherm Electronics Private Limited. The company serves various industries, including steel, foundry, and forging sectors, providing products like transformers, ladle refining furnaces, continuous casting machines, and fume extraction systems.

Written By Abhishek Das

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