Order Received for an amount of Rs.6.00 Crores
Price
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Awaiting price reaction for this filing.
Airfloa Rail Technology has secured a new order worth Rs.6.00 Crores from the Furnishing Division of Integral Coach Factory (ICF), Chennai, a unit of Indian Railways. The order involves supply of one rake set (16-car formation) of modified wider AC duct with zigzag baffle plate for VB Coaches, along with other equipment. The order is domestic in nature, with no related-party interest, and must be executed within 90 days from the date of the purchase order (21 January 2026). The company has a short delivery window of 90 days, indicating a focused execution phase.
This is a government-backed order from Indian Railways, which adds credibility and recurring visibility given ICF's ongoing coach production needs. Short-term impact is positive for order book and revenue recognition, though the Rs.6 Cr size is modest and must be assessed against the company's overall revenue base.