1. Amalgamation of Master Moulds - The NCLT has directed a meeting of MCL's unsecured creditors on 03.08.2026 to approve the merger of MMPL into MCL, with an appointed date of 01.10.2025. MMPL brings a moulds business that management describes as having "more future potential" than MCL's existing operations, with projected revenue scaling from ₹6.88 cr in FY25 to ₹42.64 cr by FY30.
2. 7 new Toyo Innovex machines operational - On 17.06.2026, seven new Japanese injection-moulding machines became fully operational, funded by ¥58.25 million in borrowed funds. These machines directly expand production capacity to serve new and existing client requirements, removing what was likely the main throughput bottleneck.
3. Plate-plus-frame orders worth ₹12.32 cr - Three purchase orders for plate-plus-frame assemblies were received between May and July 2026, totalling approximately ₹12.32 cr excluding tax, with execution within 30 days of each order. At the company's TTM revenue run-rate of \~₹117 cr, these orders alone represent over 10% of annual revenue booked within a single quarter.
4. 50:50 JV for SMC/DMC composites - A joint venture agreement with Prathamesh Industries was executed on 04.06.2026 to manufacture Sheet Moulding Compound and Dough Moulding Compound, with incorporation targeted by 30.09.2026. The JV opens a new composites vertical with a partner whose predecessor firm reported ₹71.4 cr turnover in FY25, roughly 1.7x MCL's own FY25 revenue.
5. EVSE orders gaining frequency - Five EV supply equipment orders were received between May and June 2026, cumulatively worth approximately ₹2.99 cr excluding tax, each with 30-day payment terms. The rising cadence of EVSE orders suggests MCL is becoming a repeat supplier in the EV charging infrastructure supply chain.
6. Electrical components order book building - Eight electrical component and parts orders were announced between mid-May and early July 2026, with individual values ranging from ₹32 lakh to ₹69 lakh excluding tax. The steady flow of smaller-ticket repeat orders from domestic electrical companies points to deepening customer relationships and recurring revenue.
7. Export revenue crosses ₹4.47 cr - Foreign currency earnings rose 30% to ₹4.47 cr in FY26 from ₹3.43 cr in FY25. An export order for thermoset injection moulds from an international company (€25,000) was also received in June 2026, with execution by September 2026.
8. Entry into healthcare and precast segments - MCL has begun supplying a patented precast construction product and scaling production of the Cradlewise Smart Crib through a sister concern, marking entry into healthcare, childcare, and precast applications. These new segments diversify the order book beyond the core electrical and automotive verticals.