Roto Pumps – Fluid Engineering Company

• FY21 AR: Solar pumping systems would involve a capital outlay of Rs.11 Crore.
• FY23 AR: Solar pumping system would provide tremendous business opportunities due to Government’s focus on usage of alternate energy sources to mitigate climate changes coupled with the escalating Energy prices due geopolitical issues would lead to increased focus on renewal energy thereby increasing opportunities for Company’s solar pumping project.
• Exchange Fling: https://www.bseindia.com/xml-data/corpfiling/AttachHis/70f7062a-38af-4cc4-bed1-ebe6a17084f4.pdf | Name of the Product: Submersible Helical Rotor Pump Set, Submersible Centrifugal Pump Set, Solar Controller with Remote Monitoring, Surface Helical Rotor Pumps

Inference from all the above data is that it’s another me-too product in a non-core area and might not contribute much in the near term.