Concord Control Systems Wins Rs 279.90 Crore KAVACH 4.0 Order From Indian Railways
Concord Control Systems has secured a Rs 279.90 crore order from Indian Railways for the KAVACH 4.0 project through its associate Progota India Private Limited, covering supply, installation, testing, and commissioning of On-board KAVACH 4.0 Loco equipment. The domestic order carries a 12-month execution timeline and was disclosed on May 30, 2026, in compliance with SEBI listing regulations.
*this image is generated using AI for illustrative purposes only.
Concord Control Systems has secured a significant order worth Rs 279.90 crore for the KAVACH 4.0 project through its associate, Progota India Private Limited. The contract was awarded by Indian Railways and entails the supply, installation, testing, and commissioning of On-board KAVACH 4.0 Loco equipment. This development was disclosed to the exchange on May 30, 2026.
The order is strictly domestic in nature and must be executed within a period of 12 months. The filing confirms that the transaction does not fall within related party transactions and was conducted at arm's length. Furthermore, the promoters, promoter group, or group companies hold no interest in the entity awarding the order.
Order Details
The following table outlines the key parameters of the order received:
| Parameter | Details |
|---|---|
| Entity Awarding the Order | Indian Railways |
| Broad Consideration | Rs 279.90 Crores |
| Nature of Order | Supply, installation, testing and commissioning of On-board KAVACH 4.0 Loco equipment |
| Execution Period | Within 12 months |
| Geographic Scope | Domestic |
The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Progota India Private Limited, identified as an associate of Concord Control Systems, is the direct recipient of the order from the national transporter.
Historical Stock Returns for Concord Control Systems
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.76% | +23.72% | +11.13% | +18.98% | +199.24% | +4,052.29% |
How will this order impact Concord Control Systems' revenue guidance for the current fiscal year?
Does this contract position the company favorably for future tenders related to the KAVACH 4.0 rollout?
What are the potential margin implications for the supply and installation of On-board Loco equipment?
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