Pennar Group, an engineering products and solutions company, has bagged orders worth Rs 309 crore across various business verticals and its subsidiary, PEBS Pennar.
The Group’s flagship company Pennar Industries Limited received multiple orders aggregating Rs 124 crore across its business verticals such as railways; for Hydraulics and industrial components from Emerson, Endurance and Firestone. And the solar and building components division received orders from L&T, PES Engineers, IFB, LG Balakrishnan, Wahi Sons, Bimetal Bearings, etc.
Pennar Engineered Building Systems (PEBS Pennar), a pre-engineered buildings and a PIL subsidiary, received orders aggregating Rs 125 crore.
The company is witnessing significant demand for pre-engineered warehouses, Hi-Rise buildings, factory buildings and structural steel works from customers such as Natco Pharma, Baranagar Jute, Allcargo Logistics, Phoenix, Renaissance Infra, Lakshmi Automotive and Gemini Edibles. With the recent wins, the order book of PEBS Pennar is up at Rs 480 crore.
Pennar Enviro has bagged orders worth Rs 60 crore for design and supply of water treatment plants from Reliance, JSW and an upcoming greenfield project from a cement major.