HBL Engineering Limited has informed the Exchange that HBL is the first Company to receive the approval of the RDSO for version 4.0 of the Kavach Systems.
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HBL Engineering Limited has become the first company to receive approval from the Research Designs and Standards Organization (RDSO) for Version 4.0 of the Kavach System, an indigenous Automatic Train Protection system used by Indian Railways. With this approval secured on May 13, 2025, HBL can now begin deliveries against its existing accumulated order book worth Rs. 3,763.83 crores. The company stated that these contracts will be completed over the next 24 months. The first-mover advantage in securing this approval positions HBL ahead of competitors in the railway safety systems market.
This is a significant positive for shareholders as it unlocks a massive Rs. 3,763+ crore order pipeline for execution, providing strong revenue visibility over the next two years. Being the first mover with Version 4.0 approval gives HBL a competitive edge in the growing railway safety segment and is likely to be viewed favorably by the market.