1. At a Glance
A ₹2,757 Cr defence engineering gem with no debt, big global orders, and 20%+ net margins — but trading at a PE of 110. Sika Interplant isn’t just flying under the radar; it’s reverse-engineering the plane.
2. Introduction with Hook
If HAL and Zen Technologies had a minimalist, cash-rich cousin who quietly doubled your portfolio while you weren’t looking — it would be Sika Interplant.
- Revenue up 39% YoY
- FY25 PAT: ₹25 Cr on just ₹148 Cr sales
- Stock up 123% in 1 year, PE: 110+
With a Collins Aerospace MRO deal and a land bank for expansion, this smallcap is punching aircraft-grade titanium above its weight.
3. Business Model (WTF Do They Even Do?)
Sika Interplant builds and services tech gear for:
- Aerospace: Flight control systems, electrical integration
- Defence: Engineered systems, repair stations
- Space & Automotive: MRO, value-added distribution
Key Segments:
- Engineered Projects: Customised defence systems
- Interconnect Modules: Think plug-n-play wiring for aircraft
- MRO Services: Maintenance for Airbus A320/A321
- Exports + Licenses: Collins, Radiant Power,
