Sunita Tools Limited

A precision engineering company from Vasai, Maharashtra, making mould bases, ground plates and CNC-machined components for automotive, consumer goods, aerospace and defence customers. Incorporated in 1988 and listed on the BSE SME platform in October 2023, it is now scaling up into defence manufacturing, including NATO-specification 155mm artillery shells.

FY26 figures are for the year ended 31 March 2026. Order book is consolidated, as disclosed to BSE on 28 August 2026.

1. 17 Sep 2026
   Order update

   Another advance tranche received for the 155mm shell order

   Further advance payment received under the Interim Sales Agreement for NATO-specification and standard 155mm M107 empty shells; the company states it is production-ready.

   BSE filing (PDF)
2. 09 Sep 2026
   AGM

   Scrutinizer's report — 39th AGM

   Voting results of the 39th Annual General Meeting.

   BSE filing (PDF)
3. 08 Sep 2026
   AGM

   Outcome of the 39th Annual General Meeting

   Shareholders considered the FY26 financial statements and a director's re-appointment, and approved a special resolution enabling capital raising.

   BSE filing (PDF)
4. 28 Aug 2026
   Business update

   ₹31.95 crore sales in four months; ₹576 crore order book

   Consolidated net sales of ₹31.95 crore for the four months to 31 July 2026 and a consolidated order book of ₹576 crore (defence ₹552 crore). Two CNC turning machines added at subsidiary Sunita Leoquip Aerospace; 90% stake acquired in a capital goods manufacturer.

   BSE filing (PDF)
5. 25 Aug 2026
   MoU

   Defence MoU for 155mm shell manufacturing

   Memorandum of Understanding, signed on 30 July 2026, with an Indian defence OEM covering 155mm artillery shell manufacturing and joint tendering.

   BSE filing (PDF)
6. 24 Jul 2026
   Results

   Q1 FY27: net sales up about 350% to ₹18.64 crore

   Net sales for the quarter ended 30 June 2026 of ₹18.64 crore, against ₹4.14 crore a year earlier.

7. 20 Jul 2026
   Order update

   First advance received for the 155mm shell order

   First tranche of advance payment received under the Interim Sales Agreement for 155mm M107 NATO-specification shells.

8. 10 Jun 2026
   Order update

   Prototype shells delivered; US order won

   Prototype samples and test reports delivered for 155mm M107 shells; the US subsidiary secured an order of USD 97,632.

9. 06 May 2026
   Acquisition

   US subsidiary acquires 51% of New Mold Innovations

   51% stake in the Kentucky-based company acquired for USD 419,000.

10. 24 Feb 2026
    Order win

    ₹576 crore order for 2,40,000 NATO-specification 155mm shells

    Order to supply 2,40,000 NATO-specification 155mm M107 empty shells over 24 months, about 10,000 shells a month.

11. 20 Nov 2025
    Acquisition

    51% stake in the Avisan group — entry into naval defence

    Acquisition of a 51% stake in two naval defence businesses.

12. 13 Nov 2025
    Fund raising

    ₹69.86 crore warrant issue proposed

    Board proposal to issue 8,73,282 convertible warrants at ₹800 each.