Krishna Defense & Allied Industries Ltd is a prominent Indian company specializing in manufacturing critical components for the Indian Navy and Army. The company is committed to reducing import dependency through extensive in-house research, design, and development. It has secured licensing agreements with the Defense Research and Development Organization (DRDO) to produce and supply specialized defense products. Besides defense, the company also focuses on dairy equipment manufacturing.
Defense Segment
The company’s defense-related products include:
- Shipbuilding Steel Sections: Vital components for naval construction.
- Special Steel Alloy Ballast Bricks: Used in various military applications.
- Welding Wires: Essential for shipbuilding and repair activities.
- Innovative Defense Products: Including modular vehicle barriers and IED containment vessels.
Additionally, Krishna Defense is expanding into RF/Microwave/Optics systems for defense and aerospace, offering advanced products like bi-directional RF over fiber for radio communication and antenna remoting systems. These products are backed by comprehensive design, manufacturing, and testing infrastructure.
Key Defense Clients:
- Ministry of Defence
- Mazagaon Dock Shipbuilders Limited
- Garden Reach Shipbuilders & Engineers Ltd
- Goa Shipyard Limited
Dairy Segment
The company manufactures a range of dairy equipment aimed at improving milk collection and storage efficiency. Products include:
- Robotic Milk Collection Units: Patented technology for enhanced automation.
- Stainless Steel Milk Cans: Ensuring safe and hygienic storage of milk.
Key Dairy Clients:
- The Panchmahal District Cooperative Milk Producers’ Union Ltd
- Hatsun Agro Products Limited
- Delicia Foods India Pvt Ltd
- Thanjavur Dist Co-Op Milk Prod. Un. Ltd (Aavin Federation)
- Amritsar Dist Co-Op Milk Prod Union Ltd (Verka Federation)
Business Performance and Order Book
For the second half of the fiscal year 2024 (H2 FY24), the company’s order book highlights are:
- Opening Order Book: ₹2,314 million
- New Orders Received: ₹253 million
- Orders Executed: ₹701 million
- Closing Order Book: ₹1,866 million
- Majority of Orders: From the defense sector
Shareholding Pattern
- Promoters: 68.33%
- Retailers: 31.67%
Conclusion
Krishna Defense & Allied Industries Ltd is a key player in India’s defense manufacturing sector, contributing significantly to the country’s military capabilities while also catering to the dairy industry’s needs. The company’s strong order book and strategic expansion into new technological areas position it well for future growth.
Disclaimer-
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