Tag
Defence Manufacturing
9 articles
Several Indian companies are significantly expanding their presence in the domestic defense sector, aligning with the nation's "Aatmanirbhar Bharat" initiative. Bharat Forge is investing ₹1,500 crore in a new defense manufacturing facility, while Magellanic Cloud has entered a partnership with Rayonix Tech involving up to ₹150 crore for UAV development. Kabra Drugs is also venturing into defense manufacturing utilizing AI, and Bharat Dynamics Limited recently delivered India's first indigenous heavy weight torpedo. These developments, alongside strong financial results from HFCL and a strategic refocus by JTL Defence, highlight a growing trend of investment and innovation within India's defense industrial base.
Apollo Micro Systems FY26 Breakthrough Year & Vision 2036
Apollo Micro Systems completed 100% acquisition of IDL Explosives, gaining strategic licenses for HMX/TNT manufacturing and access to mining markets.
Company transitioned to Original Equipment Manufac
Tirupati Forge FY26 Net Profit Declines to ₹62.95 Crore
Approved audited standalone financial results for Q4 and FY26 with unmodified audit opinion, reporting FY26 net profit of ₹62.95 crore.
Commissioned new defense manufacturing facility with trials comp
Jaykay Enterprises Receives ₹4.46 Crore Brahmos Order
Jaykay Enterprises disclosed receipt of a manufacturing order worth ₹4.46 crore from Brahmos Aerospace under SEBI Regulation 30.
The domestic contract involves manufacturing PCB Warhead Casing Assembl
Bharat Forge Subsidiary Breaks Ground on ₹1,500 Crore Defence Facility
Agneyastra Energetics, a Bharat Forge subsidiary, begins construction of a 1,000-acre defence manufacturing facility in Andhra Pradesh.
The project involves a planned investment of ₹1,500 crore over 2
Sika Interplant FY26 Net Profit Rises 42% to ₹36.53 Cr
Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with unmodified audit opinion.
Recommended final dividend of ₹3.50 per equity share (face value
Kabra Drugs Approves Pharma Expansion & Defense AI Entry
Board approved expansion into generic branded formulations via channel partners with Mr. Franchise agency, focusing initially on South India.
Board approved entry into defense manufacturing leveraging
JTL Defence Limited Q4 FY26 Net Profit ₹17 Million
JTL Defence Limited submitted its investor presentation on audited Q4 and FY26 financial results pursuant to SEBI Listing Regulations.
Q4 FY26 revenue surged to ₹152 Mn from ₹2 Mn YoY, with production
HFCL Q4 Net Profit Jumps to Rs 184 Crore
HFCL's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, reporting significant YoY growth.
The Board recommended a final dividend of 20% (Rs 0.20
Magellanic Cloud Enters INR 150 Crore Defence UAV Partnership
Magellanic Cloud executed a strategic investment and collaboration agreement with Rayonix Tech for UAV development.
The partnership involves up to INR 150 crore investment to manufacture warfare-grade