SMALLCAP DEFENSE STOCK IN THE NEWS AFTER REPORTING STRONG FY26 NUMBERS

Smallcap defense stock

has reported a strong FY26 performance. The company reported consolidated revenue from operations of Rs 904 crore, compared to Rs 562 crore in FY25, reflecting a strong 60% annual growth. Profit before tax (PBT) for FY26 climbed sharply to Rs 155 crore from Rs 83 crore in FY25, while profit after tax jumped to Rs 107 crore from Rs 56 crore, registering a strong 90% year-on-year increase. In Apr26, the company received a licence from the Government of India to manufacture a range of advanced defence weapon systems and ammunition. In May26, the company secured orders worth Rs 17.48 crore from the Ministry of Defence, Rs 9.53 crore from public sector defence undertakings, and Rs 24.02 crore from private companies. The stock has become a multibagger and with such strong order book, it's share price is expected to surge in the coming quarters.