Engineered mechanical seal manufacturer bags a very prestigious order from Bharat Heavy Electricals Limited (BHEL)
The company has a market cap of Rs 545 crore and the stock is up by 43 per cent from its 52-week low of Rs 448 per share.
Sealmatic India Limited has achieved a significant milestone by securing an order for engineered mechanical seals for a supercritical power plant. This order, placed through Bharat Heavy Electricals Limited (BHEL), is destined for the DVC Raghunathpur Thermal Power Station Phase-II, a 1320 MW project. The mechanical seals will be employed in critical applications such as boiler feed pumps, booster pumps, turbine pumps, and condensate extraction pumps. This strategic partnership with BHEL not only solidifies Sealmatic's position in the power plant sector but also paves the way for long-term O&M business opportunities.
BHEL, a leading engineering and manufacturing company in India, is renowned for its expertise in power plant equipment. Their decision to select Sealmatic's mechanical seals underscores the company's reputation for delivering high-quality and reliable products. The Raghunathpur Thermal Power Station Phase-II project, with its supercritical technology, demands advanced sealing solutions capable of operating under extreme conditions. Sealmatic's engineered mechanical seals are designed to meet these stringent requirements, ensuring optimal performance and longevity.
This order marks a significant expansion of Sealmatic's business in the power plant sector. By supplying mechanical seals for such a large-scale project, the company is demonstrating its ability to cater to the growing demand for advanced sealing solutions in India's energy infrastructure. The construction of additional capacity at the DVC Raghunathpur Thermal Power Station will create long-term opportunities for Sealmatic, as the company will be able to provide ongoing maintenance and support for the installed equipment. This strategic partnership with BHEL and DVC positions Sealmatic as a key player in the Indian power plant market, driving sustainable growth and innovation.
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About the Company
Sealmatic India Ltd, established in 2009, designs and manufactures a wide range of sealing solutions for various industries. They are ISO certified and specialize in engineered mechanical seals and sealing support systems used in rotating equipment like pumps, turbines, and mixers. Their product portfolio includes various types of seals like standard cartridge, pusher, split, and gas-lubricated seals. They cater to a diverse clientele across oil & gas, refinery, chemical, pharmaceutical, power, and many other sectors. Their reach extends beyond India, with a presence in over 45 countries worldwide, supplying leading names like KSB, Flowserve, and Xylem.
The company has a market cap of Rs 545 crore and the stock is up by 43 per cent from its 52-week low of Rs 448 per share.
Disclaimer: The article is for informational purposes only and not investment advice.