Order Win/Contract
Cranex Wins ₹12.88 Crore Crane Orders
Cranex Limited received orders from Larsen & Toubro and Godawari Power & Ispat for manufacturing and supplying various EOT cranes.
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Industrial Manufacturing
Industrial Products
69 Cr
High Risk
28.0
44.5
0.5
1.9
114.00
56.00
Sales CAGR
Profit CAGR
ROE
ROCE
Upcoming Result Date: Nov 04, 2026
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Cranex Ltd (CRANEX) is currently trading at 86.00 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Cranex Limited is a Delhi-based engineering company that designs and manufactures EOT cranes, gantry cranes, jib cranes, winches, electrical hoists and supplies escalators and elevators, including after-sales maintenance services; it serves heavy industries, defence, nuclear and major infrastructure projects across India with manufacturing facilities in Sahibabad and Ghaziabad. Financially, Cranex reported consolidated half-year revenue from operations of Rs. 2,234.81 lakhs with profit before tax of Rs. 105.00 lakhs and net profit of Rs. 95.46 lakhs, reflecting modest year-on-year improvement; however, operating cash flow remained negative at Rs. (169.07) lakhs, highlighting working-capital stress despite profitable operations. Balance sheet dynamics show higher short-term borrowings at Rs. 2,031.35 lakhs and an increase in trade receivables and inventories; the statutory auditors issued qualified review opinions citing missing PPE and inventory registers and non-application of expected credit loss measurement under Ind AS 109, posing governance and audit risk. Cranex occupies a specialized niche supplying heavy-duty cranes for demanding applications—space, atomic energy, flameproof environments—and counts customers across metros and heavy engineering, giving it high entry barriers and technical differentiation that support premium project wins and aftermarket service streams. Strategically, Cranex benefits from technical alliances (KUHNEZUG, IKUSI), a joint venture and an associate for elevator/escalator business, and prior international presence; these partnerships and upgraded 250T manufacturing capability form the basis for targeted expansion into metro, rail and defence infrastructure contracts.
Over the past 52 weeks, Cranex Ltd has traded between a low of ₹56.00 and a high of ₹114.00. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Cranex Ltd has a market capitalization of approximately 69.41. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Cranex Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 27.99 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 69.41 Cr, Cranex Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Cranex Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Cranex Ltd is 27.99. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Cranex announced approximately Rs 12.88 crore of EOT-crane orders on 31 October 2026. This comprises a Rs 7.95 crore Letter of Award from Larsen & Toubro Ltd and a Rs 4.93 crore purchase order from Godawari Power & Ispat Limited.
Cranex has received three new domestic orders with an aggregate disclosed value of ₹12.93 crore. The orders cover EOT cranes, related gear boxes, supply, commissioning and testing.
Order Win/Contract
Cranex Limited received orders from Larsen & Toubro and Godawari Power & Ispat for manufacturing and supplying various EOT cranes.
Order Win/Contract
Cranex Ltd received domestic purchase orders and a Letter of Award worth approximately Rs. 12.93 crore for manufacturing and supplying EOT cranes and related equipment.
Board Meeting
Cranex will hold a board meeting on 5 November 2026 to approve unaudited standalone and consolidated results for Q2 and the half year ended 30 September 2026.
