CFF : Indigineering : Key Snippets from AR2026

The question that matters in the long run is not how fast a company grew last year. It is whether the capability it is building will be needed-and be irreplaceable -a decade from now.

The programmes now underway are the most consequential in independent India’s naval history.

P75I- six advanced submarines. P75(AS) -a new generation of air-independent propulsion boats. P76 Indigenous submarine program and various other surface ship programs conceived, designed, and built entirely in India.

The value of these programmessubmarine and surface combatants together- represents the largest
naval programme in independent India’s history. But the number is not the point.

The point is that each of these programmes builds on the last, and each demands more indigenous capability than its predecessor. That is a rising tide, and we are positioned to rise with it.

But do not read those results as the ceiling. They are the foundation.

The infrastructure facilities we have built, the certifications we hold at every Naval Dockyard and DPSU shipyard in India, the trust we have earned from our Partners and the Indian Navy – these are the durable assets. The revenue follows from them.

FY2026: WHAT WE DID

• We delivered. Every committed programme, every Factory Acceptance Trials, every Sea Acceptance Trials support engagement-completed to specification and on schedule. The Indian Navy does not grant second chances, and we did not require any.
• Twelve LFVDS units are progressing through production for the ASW programme.
• Short and Normal Refit support continued at ND Mumbai and ND Karwar for the Kalvari class.
• The Buoyant Wire Antenna –indigenised by CFF- completed import substitution in FY25 and moved to series supply in FY26, reducing India’s dependence on external procurement for submarine VLF communications.
• Our Pune facility at Chakan, commissioned in FY25, contributed its first full year of production output in FY26. The entire facility of electronic assembly and special-systems manufacturing capacity is already integrated into our weapons systems and sensor production work flows.

NEXT DECADE

P751 -INDIA NEXT GENERATION SUBMARINE WITH GERMAN TECHNOLOGY
Six advanced submarines. Contract to be awarded in FY2027. This is the single largest defence procurement in India’s history by programme value.

CFF’s position on P751 follows directly from our Scorpene qualification. The platform systems, sonar integration, weapons systems, and throughlife support requirements of P751 are substantially more demanding than P75 Scorpene and our engineering team has spent fourteen years building exactly the depth of understanding that P751 will require.

P75(AS) – AIP SUBMARINES WITH FRENCH AND DRDO TECH
Air-independent propulsion submarines, led by Naval Group and DRDO.
This is not a new relationship for CFF. We hold Naval Group quality certification from the P75 Scorpene programme, and we are active at every Refit that Naval Group’s platform systems are involved in. P75(AS) extends this relationship into a new generation one that encompasses electronics, sensors, electro-mechanical systems, and other advanced technology. We are engaged with Naval Group from the programme’s early design phase, which is the position of maximum influence and, ultimately, maximum scope.

INDIGENOUS SUBMARINE AND INDIGENOUS SURFACE SHIP PROGRAMS
India’s first truly indigenous submarine. The P76 will be the test of whether INDIGINEERING was a real programme or a marketing exercise. CFF’s
contribution to P76 will depend on what we build between now and the early 2030s. Equipment developed for surface programs -Sonars, Exhaust systems, Infra Red suppression systems, HVAC will become regular supply for the upcoming new Shipbuilding programs.
The engineers being trained at Khopoli and Chakan and the various DPSU sites today are the engineers who will work on these programs. That is a deliberate investment, not an incidental outcome.

The Technology Governance Position
CFF manufactures under licence within a defined manufacturing scope. We hold IP in partner-origin technology under licence and ensure that we work within the terms of our Transfer of Technology agreements. Our standing as Qualified Manufacturer derives entirely from demonstrated trustworthiness built over fourteen years.

Our objective is not to become independent of our technology partners.

It is to become indispensable to them.

Ongoing orders and Pipeline

Current order book on 3jul26 551cr

P751-TO BE CONTRACTED FY2027
Six latest submarines with TKMS as Technology collaborator equipped with latest AIP technology. The single largest defence procurement contract in India’s history by programme value. CFF’s P751 participation follows directly from P75 Scorpene qualification. Every hour of refit support at ND Mumbai and ND Karwar, every FAT and SAT conducted on Kalvari-class boats, every HPAS and HPP system delivered to specification -all of it was the technical auditable record on which P751
qualification is based.

P75(AS)- PIPELINE
Air-independent propulsion submarines, led by Naval Group. This is the most technically demanding programme in the current Indian submarine pipeline. AIP technology requires integration across disciplines that have not previously been combined in an Indian submarine: cryogenics,
advanced electro-mechanical systems, next-generation sensor suites, electronics at a level of sophistication beyond the current SSK fleet. CFF’s relationship with Naval Group-the programme’s lead OEM-began with P75 Scorpene and has deepened through every successive refit cycle. We are engaged from the programme’s construction phase. That is not an aspiration. It reflects the accumulated technical credibility that fourteen years of Naval Group-certified manufacturing has produced. The scope of CFF’s P75(AS) participation will be commensurate with the engineering depth we demonstrate in the period leading to contract.

P76 INDIGENOUS SSK- PIPELINE
India’s first fully indigenous submarine. The P76 willbe the definitive test of INDIGINEERING as a national capability. The hull design, propulsion. combat management, weapons systems, and platform services will all be conceived, designed, and integrated in India. CFF’s ambition is to be one of the companies that makes that possible -not as a supplier to a foreign prime, but as a qualified Indian manufacturer whose engineering depth is indistinguishable from the international standard.

P17B- FOLLOW ON TO THE P17A
Eight next-generation stealth frigates. The follow-on to P17A, where CFF is already active. The RFP has not yet been released but the programme is defined. P17B carries forward the indigenisation architecture of P17A and takes it further-higher VLS cell count, integrated propulsion, more demanding fluid management across weapons, damage control, and platform systems. CFF’s P17A qualification is the entry condition for P17B. The work being done at MDL and GRSE today on the Nilgiri class is the demonstration of capability that P17B will be evaluated against.

P18/NGD – NEXT GENERATION DESTROYERS
India’s next generation destroyer. At 11,000 tonnes, this is a different class of platform-larger, more complex, and more demanding in its fluid systems architecture than anything the Indian Navy has previously built indigenously. The design phase begins in the second half of 2026. Contract signing is expected within two years. The first deliveries will be in the early 2030s. CFF’s positioning on P18 begins now, at the design stage, because that is when sub-system selection decisions are made
and locked.We are engaged.

NGC-NEXT GENERATION CORVETTES
Eight next-generation corvettes. GRSE has been selected as L1 for five vessels; contract finalisation is expected in FY2026-27. CFF is a qualified vendor across GRSE’s active programmes. NGC’s fluid control and damage control requirements follow the same architecture as P28 Kamorta -a platform on which CFF holds a long track record.

NGMV-— NEXT GENERATION MISSILE CORVETTES
Six fast missile corvettes being built at Cochin Shipyard. Steel was cut in December 2024. Induction begins from 2027. The NGMV is a smaller hull but a high-intensity platform – speed of 35 knots, BrahMos integration, and a demanding thermal and hydraulic environment. Our CSL relationship, established through the ASW SWC programme, is the foundation.

MCMV- MINE COUNTER MEASURE VESSEL
Twelve mine countermeasure vessels. Acceptance of Necessity was granted in July 2025. The first vessel is expected by 2028. GSL leads the build with an advanced unmanned MCM suite.

Manufacturing facilities

Partnerships