Rs 376 crore order book: Railway company-Airfloa Rail Technology receives order of Rs 73.93 crore from Integral Coach Factory

Airfloa Rail Technology Limited (formerly Airflow Equipments India Pvt. Ltd.) has secured a significant domestic order valued at approximately Rs 73.93 crore from the Integral Coach Factory (ICF) in Chennai. The contract is for the supply and installation of turnkey interior furnishing for the new Amrit Bharat LWSCN Coaches. This substantial order is slated for execution within an indicative timeframe of approximately 12 to 18 months. The company has confirmed that the transaction is not a related party transaction and no promoter or promoter group has any interest in the entity that awarded the contract.

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 over 50 per cent from its 52-week low of Rs 266 per share.

Disclaimer: The article is for informational purposes only and not investment advice.