Abha Power secures ₹1.39 Cr order from Central Railway
Abha Power and Steel Limited secured a ₹1.39 crore order from Central Railway for supplying castings, raising its total order book to ₹21.60 Cr. The order is to be executed by June 30, 2027, and includes a 48-month warranty period.
*this image is generated using AI for illustrative purposes only.
abha power and steel has announced securing a new order worth ₹1.39 Crores from Central Railway. The order, disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, involves the supply of castings as per drawings and other technical requirements. The company confirmed that the order was awarded by a domestic entity and does not involve related party transactions.
Order Details
The contract stipulates standard terms of payment and is subject to inspection and quality approval. A warranty period of up to 48 months from the date of delivery is included. The execution of the order is to be completed by June 30, 2027. The specific commercial consideration for the order amounts to ₹1,39,79,318.40.
Financial Impact
With the addition of this new contract, the company's order book stands at approximately ₹21.60 Cr as of May 21, 2026. Management indicated that this figure showcases their strong presence in the railway sector and consistent efforts to enhance market share.
| Particulars | Details |
|---|---|
| Client | Central Railway |
| Order Value | ₹1,39,79,318.40 |
| Nature | Supply of Goods |
| Execution Timeline | By June 30, 2027 |
| Warranty | Up to 48 months |
Company Profile
Abha Power and Steel Limited caters to diverse industries such as Indian Railways, steel, cement, heavy engineering, mining, and power. The company operates two foundries—SG iron and steel—within a 319,200 square-foot ISO 9001:2015 certified manufacturing facility at Silpahri Industrial Area, Bilaspur. The facility also includes a captive solar power plant with a capacity of 3 MW.
Historical Stock Returns for Abha Power and Steel
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.03% | -20.03% | -8.64% | -12.29% | -11.06% | -63.30% |
How might Abha Power and Steel's growing railway order book position it to compete for larger tenders under India's upcoming railway infrastructure expansion programs?
Could the 48-month warranty requirement on castings signal tighter quality benchmarks from Indian Railways that smaller foundries may struggle to meet, potentially consolidating market share toward established players like Abha?
With the order book at ₹21.60 Cr as of May 2026, what revenue recognition timeline can investors expect, and how will the June 2027 execution deadline impact FY27 earnings?
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