Rs 376 crore order book: Railway company-Airfloa Rail Technology receives order of Rs 23.91 crore from Integral Coach Factory
DSIJ Intelligence-1 / 29 Oct 2025/ Categories: Mindshare, Trending
The stock is up by 49.25 per cent from its 52-week low of Rs 266 per share.
Airfloa Rail Technology Limited (formerly Airflow Equipments India Pvt Ltd) has received a significant new domestic order valued at approximately Rs 23.91 crore from the Integral Coach Factory (ICF) in Chennai. The contract, received on October 28, 2025, is for the supply and installation of interior furnishing for the Amrit Bharat Coaches on a turnkey basis. This substantial order is expected to be executed by Airfloa Rail Technology within a timeframe of approximately 15 months.
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Earlier, the company secured two new domestic orders from the Integral Coach Factory (ICF) in Chennai, collectively worth approximately Rs 3.99 crore. The first order, valued at Rs 2.79 crore, is for the supply of one coach set of Sidewall and Roof for the Kolkata Metro, with an expected execution period of about 17 months. The second order, worth Rs 1.20 crore, is for the supply and installation of a Nose Cone, which is expected to be completed within 2 to 3 months.
About the Company
Airfloa Rail Technology Limited, incorporated in December 1998, is an established manufacturer and turnkey integrator specialising in high-precision forged/machined components and complete interior/exterior assemblies for rolling stock used by Indian Railways, metros and export coaches, with a growing presence in the Aerospace & Defence sectors. The company provides end-to-end solutions, encompassing design through commissioning and has successfully contributed to major national projects, including components for the Vande Bharat (Train-18), as well as the Agra-Kanpur Metro, RRTS and Vistadome coaches.
The company has a market capitalisation exceeding Rs 900 crore and as of August 2025, the company maintains an Order Book of Rs 376 crores, with the majority of orders split between the Railways–Government sector at 72 per cent and the Railways–Non-government sector at 24 per cent while Aerospace & Defence accounts for the remaining 4 per cent. The stock is up by 49.25 per cent from its 52-week low of Rs 266 per share.
Disclaimer: The article is for informational purposes only and not investment advice.