CFF Fluid Control Limited, a company known for building systems for naval ships and submarines, has secured a new order worth ₹5.86 crore (including taxes) from the Indian Navy. The order was placed by the Navy’s Material Organisation in Mumbai and is part of the ongoing P75 submarine project. Delivery is scheduled for completion by July 2026.
This contract adds to CFF’s growing presence in the naval and marine defence space. The company recently signed a Memorandum of Understanding with Garden Reach Shipbuilders and Engineers Ltd (GRSE), a government-owned shipbuilding firm. The MoU is focused on joint development of subsea sonar systems and aims to strengthen CFF’s product portfolio in collaboration with GRSE’s technical and manufacturing expertise.
CFF manufactures and services machinery used on both submarines and surface ships. It has a market capitalization of over ₹1,200 crore and an active order book exceeding ₹600 crore.
Financially, the company has posted strong results. For the half year ending FY25 (H2FY25), CFF reported net sales of ₹66 crore and a net profit of ₹10 crore. Its full-year numbers for FY25 showed sales of ₹146 crore and a net profit of ₹24 crore. The company maintains a return on equity (ROE) of 18% and a return on capital employed (ROCE) of 22%.
The stock has rallied significantly—up 62% from its 52-week low of ₹392 per share. Over the past three years, it has delivered returns of 282%, firmly placing it in multibagger territory.
