Companies›Industrials›Capital Goods›Industrial Manufacturing
NSE:ORIRAIL

ORIENTAL RAIL INFRA L

Capital Goods › Industrial Manufacturing
₹117.40
at close · 27 Oct 2026
▲ 3.30 (+2.89%)
ThemesRailways· core

Latest filings

  1. Q2 PAT rises 44%; order book reaches INR1,571 crore · Investor Communications
  2. Oriental Rail secures Rs. 1.3725 crore Indian Railways order · Business Updates
  3. Q2FY27 earnings call audio recording uploaded · Investor Communications
All filings ↓
Ask Nexa about ORIENTAL RAIL INFRA L

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures and supplies railway coach interior components — primarily seats and berths — to Indian Railways coach factories. Recent orders include Rs. 5.26 crore from Modern Coach Factory (MCF), Raebareli for 78-seater LHB 2nd AC Chair Car seating, Rs. 3.36 crore from MCF for 50 sets of seat and berth for LWS(DDG) coaches, Rs. 1.62 crore from Integral Coach Factory (ICF), Chennai for 15 sets of Second AC Chair Car seats, and Rs. 3.95 crore from ICF for 31 sets of seats and berths with hardware for LWS PP coaches. Through its wholly-owned subsidiary Oriental Foundry Private Limited, it also participates in railway wagon manufacturing, including a joint bid with Hum Industrial Technology (USA) for an RDSO Smart Wagon tender for 346 Bearing & Wheel Health Monitoring Module units. Combined order book with the subsidiary stood at Rs. 1,739.80 crore as of FY26 results (~3.3x FY26 revenue of Rs. 573.35 crore). New growth lines include a 49%-owned JV (ABOR Projects LLP) for turnkey railway coach refurbishment, partnership with HUM International for smart wagon technology on 300-400 wagons, a collaboration with United Wagon for 25T high axle-load wagons, and entry into wagon leasing with regulatory approvals secured. The cost structure is dominated by materials at 78.6% of revenue, with employee costs at 6.1%, other opex at 8.0%, depreciation at 1.7%, and capex at 4.4% of revenue.

Operating scale
Order book (combined with subsidiary)
Rs. 1,739.80 croreFY26
Order book coverage
~3.3x FY26 revenueFY26
FY26 revenue
Rs. 573.35 croreFY26
Q4FY26 revenue
Rs. 154 croreQ4 FY26
RDSO Smart Wagon tender bid
346 units (Bearing & Wheel Health Monitoring Module)April 2026
HUM partnership wagon pipeline
300-400 wagonsFY26
Who pays it
Indian Railways coach factories (MCF Raebareli, ICF Chennai) and Ministry of Railways
Biggest cost
Materials at 78.6% of revenue
Kind of business
Order-driven, contract manufacturing for Indian Railways with working capital sensitivity
Where it sits
BSE-listed supplier of railway coach interiors and wagons, with subsidiary Oriental Foundry as wholly-owned wagon manufacturing arm
Market Cap
₹787 Cr
P / E (TTM)
18.6×
EV / EBITDA
11.0×
Div Yield
0.08%
Growth
21.1%▲
Revenue 5y CAGR
PAT +22.3% · EBITDA +22.3%
Quality
15.1%▲
ROCE (5y median)
ROE 10.1% (5y median) · margin 16.0%
Leverage
0.73·
Debt / Equity · moderate
Net debt ₹220 Cr
Revenue FY21→FY26
2.6×▲
Margin +0.4 pts
₹220 Cr → ₹573 Cr
Cash conversion
-0.74×▼
Operating cash ÷ profit · 5 yrs
₹-89 Cr on ₹120 Cr
Where it sits among 154 Industrial Manufacturing peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#49/139
P/B#45/120
ROCE#69/151
ROE#58/121
Debt / Equity#102/121
EBITDA margin#38/117
Revenue growth#78/122
Profit growth#21/117

Scorecard

Measured from the filed financials, judged against its Industrial Manufacturing peers · as of FY26 — not investment advice

Strengths
Revenue compounding 21% a year over 5 years
Profit compounding 22% a year over 5 years
Returns on capital 15.1% (5-year median)
#69 of 151 in Industrial Manufacturing on the latest reported figures · up from 15.7% in FY21
Concerns
Carries more debt than its peers — 0.73× equity
higher than 84% of its 121 Industrial Manufacturing peers
Over 5 years it reported ₹120 Cr of profit and an operating cash outflow of ₹89 Cr — -0.74×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 272 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

ORIRAIL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from ORIENTAL RAIL INFRA L's filed financials and exchange disclosures

What does ORIENTAL RAIL INFRA L do?

ORIENTAL RAIL INFRA L is a Industrial Manufacturing company listed on NSE and BSE, trading under the symbol ORIRAIL.

Is ORIENTAL RAIL INFRA L profitable?

Yes. Over the trailing twelve months ORIENTAL RAIL INFRA L reported a net profit of ₹42 Cr on revenue of ₹573 Cr.

Does ORIENTAL RAIL INFRA L pay a dividend?

Yes. The dividend yield is 0.08% at the current price. It paid out 2% of its profit as dividend in FY26.

Is ORIENTAL RAIL INFRA L debt-free?

No. It reported borrowings of ₹305 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹220 Cr after cash. Debt stands at 0.73× equity. That is higher than 84% of its 121 Industrial Manufacturing peers.

Is ORIENTAL RAIL INFRA L expensive compared with its peers?

On trailing P/E, ORIENTAL RAIL INFRA L ranks 49 of 139 in Industrial Manufacturing — cheaper than 65% of them, against an industry median of 26.4×. This is a position, not a valuation judgement.

Where can I track ORIENTAL RAIL INFRA L's announcements?

Every NSE and BSE filing by ORIENTAL RAIL INFRA L appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.