Quadrant Future Tek Limited has informed the Exchange regarding a press release dated March 12, 2026, regarding approval process w.r.t KAVACH System (Ver 4.0)".
QUADFUTURE · price
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Quadrant Future Tek has entered the final phase of securing RDSO (Research Designs and Standards Organisation) clearance for its indigenously developed KAVACH 4.0 system, also called the Indian Railways Automatic Train Protection (IR-ATP) system. The system has successfully completed comprehensive multi-layered validation, including type testing, functional safety assessment, braking and performance validation, communication reliability, environmental endurance, SPAD protection, collision avoidance scenarios, and CENELEC SIL-4 safety compliance. Indian Railways has allocated a dedicated rail route and train for the final passenger field trials, after which the ISA process will conclude and final RDSO certification will be issued, marking the last regulatory milestone before broader commercial rollout. As of February 28, 2026, the company has an executable order book of Rs. 8,978.76 million (including GST), including Rs. 6,130.35 million for Onboard KAVACH Equipment across 768 locomotives/EMUs (to be delivered in FY27) and Rs. 2,848.41 million from RailTel for 1,109.2 RKM of track, plus an 11-year maintenance revenue stream at 3% of capital cost.
Final RDSO approval would unlock Quadrant's sizeable existing order book and open the door to wider commercial deployment of KAVACH 4.0 across Indian Railways, a key growth catalyst for FY27 and beyond. For shareholders, this is a positive milestone that strengthens the company's competitive moat in railway signalling, though the stock remains sensitive to the actual timing of certification.