Rossell Techsys Limited Reports Positive Stock Momentum Amid Optimistic Outlook Following Demerger and Re-Listing

Bengaluru, 12 December 2024: Rossell Techsys Limited, a leading player in aerospace and defense engineering and manufacturing solutions, is pleased to announce strong stock performance following its recent re-listing on the stock exchanges after a demerger from its parent company, Rossell India Limited. This development highlights the market's positive response and growing investor confidence in the company’s future growth potential.

The re-listing and demerger mark a significant milestone for Rossell Techsys Limited, positioning the company to capitalise on new opportunities and drive focused growth. The robust stock performance is a testament to the keen interest and trust that investors and market participants have shown in Rossell Techsys’ strategic direction and commitment to excellence.

As a part of the new direction, the company aims to harness new opportunities in the aerospace and defence sectors while diversifying into cutting-edge domains such as space, energy, and advanced transportation technologies.

With an aggressive double-digit global growth strategy, Rossell Techsys Limited aims to achieve significant expansion and strengthen its market position over the next five years. The company will focus on both organic and inorganic growth opportunities, domestically and internationally, ensuring it remains at the forefront of innovation and market leadership.

Commenting on the achievement, Mr. Harsh Gupta, Chairman, said: “Our journey as an independent entity opens new doors of opportunity. The strong market response reaffirms our strategy and vision for the future. We are committed to creating long-term value for our shareholders by maintaining our focus on innovation, operational excellence, and ethical practices.”

The company recorded a 17% year-on-year revenue growth in FY23-24, achieving ₹216 crores while part of its parent company, Rossell India Limited. Currently, Rossell Techsys has confirmed purchase orders worth ₹900 crores and has entered into long-term strategic agreements with global customers totalling over ₹2,800 crores. These agreements include partnerships with industry leaders such as Boeing, Lockheed Martin, Honeywell, and Israeli Aerospace Industries.

Mr. Rishab Gupta, Managing Director, commented: “We are excited about our growth prospects. There are several untapped markets for us in Europe, the Middle East, and India. We are already in discussions with leading companies in these regions—not just in aerospace and defense but also in emerging sectors like space, energy, and advanced technologies. We are eager to expand our horizons and build a compelling growth story.

Rossell Techsys is a global leader in aerospace and defense, renowned for delivering world-class solutions. It is Asia’s only A&D firm with 45 audited processes and the prestigious NADCAP AC7121 certification. The first Indian A&D company to win Boeing’s “Supplier of the Year” award in 2015, it repeated the honor in 2019—an achievement unmatched by any other Indian private company. With over 25 accolades in 12 years, Rossell Techsys continues to set benchmarks in quality and innovation.

About Rossell Techsys Limited

Rossell Techsys ​(ROSSTECH) Limited is a leading aerospace and defense company specializing in innovative engineering solutions. With a robust portfolio of products and services, the company partners with global OEMs to deliver high-quality components and services.

X: @rosselltechsys

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