Key Quantitative Figures

  • Total order value: ₹12.88 Crores (approximately)
  • Larsen & Toubro Ltd order value: ₹7.95 Crores (approximately)
  • Godawari Power & Ispat Limited order value: ₹4.93 Crores (approximately)

Orders Received

Larsen & Toubro Ltd

  • Type: Letter of Award
  • Product: 2 (Two) Nos. of Electric Overhead Traveling (EOT) Cranes
  • Project: TG Hall A/c Torrent Anuppur project

Godawari Power & Ispat Limited

  • Type: Purchase Order
  • Product: EOT Crane 15MT with Grabe Bucket

Management Commentary

The management expressed delight at securing orders from both customers, noting that it reflects continued confidence in the company's expertise, product quality and execution capabilities. They stated that repeat orders from existing customers demonstrate strength of business relationships and customer satisfaction. The orders provide momentum to business growth, strengthen order pipeline, support market reach expansion, and enhance operational capabilities. The company remains committed to timely and efficient execution, maintaining quality standards, and building sustainable business relationships.

Company Background

Established in 1973, Cranex Limited is a leading Indian manufacturer of EOT Cranes, Gantry Cranes, and material handling equipment with over 53 years of industry experience. The company has capability to manufacture cranes with lifting capacities of up to 200 tonnes.

Approved Vendor Status

The company is an approved vendor with several reputed organizations including: Bharat Heavy Electricals Limited, NTPC Limited, NHPC Limited, Delhi Metro Rail Corporation, Mumbai Metropolitan Region Development Authority, Indian Railways, Hindustan Aeronautics Limited, Larsen & Toubro Limited, Indian Space Research Organisation/Vikram Sarabhai Space Centre, Vedanta Aluminium, Nuclear Power Corporation of India Limited, BEML Limited, Bharat Electronics Limited (BEL), Military Engineer Services (MES) across India, and Armoured Vehicles Nigam Limited.

Execution Plan

The Company will proceed with execution of the orders in accordance with terms and conditions stipulated in respective LOA and PO, with focus on timely and efficient completion of contracted scope.