Dhara Rail Projects Limited Secures Work Order Worth Rs. 1,22,94,297.30 from Ministry of Railways for PVC Flooring in Railway Coaches

1 min read     Updated on 09 May 2026, 01:30 PM
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AI Summary

Dhara Rail Projects Limited has secured a work order worth Rs. 1,22,94,297.30 (inclusive of GST) from the Ministry of Railways, specifically from the Office of the CWM/CW, Perambur, Chennai, Tamil Nadu, for stripping and laying of PVC flooring in railway coaches. The contract is a domestic order with a tenure of 24 months. The disclosure was made on 8th May, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The order does not involve any related party transactions, and no promoter or group company holds any interest in the awarding entity.

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Dhara Rail Projects Limited has secured a domestic work order from the Ministry of Railways for the stripping and laying of PVC flooring in railway coaches. The order, valued at Rs. 1,22,94,297.30 (Rupees One Crore Twenty Two Lakh Ninety Four Thousand Two Hundred Ninety Seven and Thirty Paise Only), is inclusive of GST. The company disclosed this development on 8th May, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details

The work order has been awarded by the Office of the CWM/CW, Perambur, Chennai, 600023, Tamil Nadu, India, operating under the Ministry of Railways. The scope of work involves the stripping and laying of PVC flooring specifically in railway coaches, a specialised maintenance and refurbishment activity within the Indian Railways ecosystem. The order is a domestic contract with a stipulated completion period of 24 months.

The key details of the order, as disclosed in Annexure A pursuant to SEBI Listing Regulations, 2015, are summarised below:

Parameter: Details
Awarding Entity: Ministry of Railways, Office of the CWM/CW, Perambur, Chennai, 600023, Tamil Nadu, India
Nature of Entity: Domestic
Scope of Work: Stripping and Laying of PVC Flooring in Railway Coaches
Order Value (incl. GST): Rs. 1,22,94,297.30
Time Period: 24 Months
Related Party Transaction: Not Applicable
Promoter/Group Interest in Awarding Entity: No

Regulatory Compliance

The intimation was made in accordance with Regulation 30(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Circular SEBI/HO/CFD/CFD-Pod-1/P/CIR/2023/123 dated July 13, 2023. The disclosure confirms that neither the promoter nor the promoter group nor any group companies hold any interest in the entity that awarded the order. The contract does not fall within the purview of related party transactions. The announcement was signed by Tejas Lalit Mehta, Managing Director of Dhara Rail Projects Limited.

Historical Stock Returns for Dhara Rail Projects

1 Day5 Days1 Month6 Months1 Year5 Years
+0.15%+21.62%+21.40%-14.44%-14.44%-14.44%

Could this order from the Perambur Coach Works serve as a reference contract for Dhara Rail Projects to bid on larger-scale PVC flooring or coach refurbishment tenders across other Indian Railways workshops?

How might the successful execution of this 24-month contract impact Dhara Rail Projects' order book growth and revenue visibility for FY2027-28?

With Indian Railways accelerating its coach modernization and Vande Bharat expansion plans, what is the potential market size for specialized flooring and interior refurbishment contracts that Dhara Rail Projects could target?

Dhara Rail Projects Secures ₹3.90 Cr Maintenance Contract from Eastern Railway

1 min read     Updated on 08 May 2026, 10:39 AM
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AI Summary

Dhara Rail Projects Limited has won a work order worth ₹3,90,37,364.10 (inclusive of GST) from the Howrah Division of Eastern Railway for comprehensive maintenance of 10 eight-wheeler tower wagons over 24 months. The disclosure was made under Regulation 30(4) of SEBI (LODR) Regulations, 2015, confirming no related party interest or promoter involvement in the awarding entity.

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Dhara Rail Projects Limited has secured a work order valued at ₹3,90,37,364.10 (Rupees Three Crore Ninety Lakh Thirty Seven Thousand Three Hundred Sixty Four and Ten Paise Only), inclusive of GST, from the Howrah Division - Electrical Office of Sr. Divisional Electrical Engineer, TRD, Eastern Railway, Howrah, 711101, West Bengal, India. The company disclosed this development pursuant to Regulation 30(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, via an intimation dated 7th May, 2026.

Contract Overview

The work order pertains to the Comprehensive Maintenance of 8-Wheeler Tower Wagons (10 Nos.) for Two years in Howrah Division of Eastern Railway. The contract has a tenure of 24 months and has been awarded by a domestic entity under the Ministry of Railways. The key details of the order, as disclosed in Annexure A of the regulatory filing, are summarised below:

Parameter: Details
Awarding Entity: Ministry of Railways, Howrah Division - Electrical Office of Sr. Divisional Electrical Engineer, TRD, Eastern Railway, Howrah, 711101, West Bengal, India
Nature of Entity: Domestic
Scope of Work: Comprehensive Maintenance of 8-Wheeler Tower Wagons (10 Nos.) for Two years in Howrah Division of Eastern Railway
Contract Duration: 24 Months
Order Value (incl. GST): ₹3,90,37,364.10
Related Party Transaction: Not Applicable
Promoter/Group Interest in Awarding Entity: No

Regulatory Compliance

The intimation was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular SEBI/HO/CFD/CFD-Pod-1/P/CIR/2023/123 dated July 13, 2023. The disclosure confirms that neither the promoter, promoter group, nor any group companies hold any interest in the entity that awarded the order, and the contract does not constitute a related party transaction. The filing was signed by Tejas Lalit Mehta, Managing Director of Dhara Rail Projects Limited, on 7th May, 2026.

Historical Stock Returns for Dhara Rail Projects

1 Day5 Days1 Month6 Months1 Year5 Years
+0.15%+21.62%+21.40%-14.44%-14.44%-14.44%

How does this ₹3.9 crore contract compare to Dhara Rail Projects' historical order book size, and what percentage of annual revenue might it represent?

Could this maintenance contract with Eastern Railway's Howrah Division serve as a stepping stone for Dhara Rail Projects to bid on larger railway electrification or TRD infrastructure projects?

With Indian Railways expanding its tower wagon fleet for overhead equipment maintenance, how large is the total addressable market for such comprehensive maintenance contracts across all railway divisions?

1 Year Returns:-14.44%