NIBE Limited (NIBE)
Press Release
Nibe Limited and Naval Group, France signed an MoU on Sep 18, 2026, to cooperate on naval shipbuilding and maritime technology. The partnership focuses on underwater drones, mine countermeasure vessels, submarine systems, and weapon launching systems. This supports India's Atmanirbhar Bharat initiative to strengthen naval self-reliance. Naval Group brings over a decade of India presence; Nibe contributes integrated defence solutions expertise.
Source: Original filing PDF
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PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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