Stock jumps 17% after announcing inauguration of new defence manufacturing facility

SYNOPSIS: Atmastco Limited will inaugurate its new defence manufacturing facility on 24th January 2026, strengthening its existing defence operations and reinforcing its commitment to indigenous production and national security.

During Thursday’s trading session, shares of the company involved in design, manufacturing and supply of precision equipment and heavy fabrication structures surged 17 percent on NSE, after the company announced the inauguration of its defence facility.

At 11:37 a.m., shares of Atmastco Limited were trading in the green at Rs. 133 on NSE, up by over 15 percent, compared to its previous closing price of Rs. 115.35, with a market cap of Rs. 329 crores. The stock has delivered negative returns of over 55 percent in one year, and has fallen by around 4 percent in the last one month.

News

As per its latest exchange disclosure, Atmastco Limited announced that the inauguration ceremony of its wholly owned subsidiary, Atmastco Defence Systems Pvt. Ltd., is scheduled to be held on Saturday, 24th January 2026.

The state-of-the-art Atmastco Defence Systems (ADS) facility will be inaugurated by the Hon’ble Governor of Chhattisgarh, Shri Ramen Deka. This inauguration represents a key milestone in Atmastco’s defence manufacturing journey, significantly enhancing its existing presence and operational capabilities in the defence segment. This new facility reinforces the company’s commitment to strengthening national security through the production of bulletproof jackets and ballistic helmets.

In 2019, the company strategically diversified into defence manufacturing by setting up Atmastco Defence Systems Private Limited, securing critical DRDO licenses for bulletproof jackets and helmets.

Financials

Atmastco reported a marginal decline in revenue from operations, experiencing a year-on-year decrease of around 13 percent, from Rs. 139 crores in H1 FY25 to Rs. 121 crores in H1 FY26. Likewise, its net profit decreased during the same period from Rs. 14 crores to Rs. 11 crores, representing a decline of over 21 percent YoY.

In FY26, Atmastco aims to capitalise on the expanding infrastructure pipeline and increased allocation to capital-intensive sectors. The management expects moderate growth in revenues and margins, driven by timely project execution, efficient cost management, and better working capital control.

Atmastco Limited have a strong presence in India’s industrial engineering sector through its three core verticals: Industrial Engineering & Trading, Structural Steel Fabrication, and EPC/Turnkey Projects. 

The company has two advanced facilities in Bhilai, a manufacturing capacity of 49,500 MT per annum, and a skilled workforce of over 780 professionals. Additionally, Atmastco has delivered projects to leading private and public sector companies, including Vedanta HZL, Tata Steel, Adani, Jindal Stainless, NMDC, NTPC, L&T, JSW, and BHEL.

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