Sprayking’s Subsidiary Secures ₹5 Million Export Contract for Brass Billets

Sprayking Limited, a leading player in the brass components industry, has achieved another milestone through its subsidiary, Narmadesh Brass Industries Limited. The subsidiary has secured a substantial export order for 100 tonnes of brass billets, valued at approximately ₹5 million. This accomplishment aligns with the company’s vision of expanding its global footprint and delivering top-quality brass components to international markets. The share price of Sprayking rose by 1.15% on Thursday, December 5, 2024

Details of the Export Contract

The recent export deal highlights Sprayking’s growing influence in the global brass market.

• Order Value: ₹5 million
• Product: 100 tonnes of brass billets
• Client Location: Dubai, UAE
• Final Destination: China

China, recognised as one of the largest and fastest-growing markets, will receive high-grade brass billets meticulously designed to meet international standards.

About Narmadesh Brass Industries Limited

As a key subsidiary of Sprayking Limited, Narmadesh Brass Industries has established a reputation for producing precision-engineered brass components. The company’s focus on quality assurance and innovation ensures that its products meet and often exceed global expectations.

Recent Developments at Sprayking Limited

1. Expansion Initiatives: Sprayking recently acquired a 3,000 square metre manufacturing facility in Jamnagar, Gujarat. This state-of-the-art plant strengthens its production capacity for brass and forging components.
2. Strategic Acquisitions: By purchasing over 51% shares in Narmadesh Brass Industries, Sprayking is positioned to cater to the rising demand for copper and brass products domestically and internationally.
3. Rebranding Efforts: Formerly known as Sprayking Agro Equipment Limited, the company rebranded itself to Sprayking Limited, reflecting its broader aspirations and diverse product portfolio.

Management Perspective

Commenting on the achievement, Managing Director Mr. Hitesh Dudhagara stated:
“We are thrilled to announce this milestone. Securing this export order reinforces our strategic focus on global diversification and delivering premium-quality brass products. This accomplishment is a testament to our team’s expertise, dedication, and vision.”

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