Dhara Rail Projects Limited Secures Work Order Worth Rs. 1,22,94,297.30 from Ministry of Railways for PVC Flooring in Railway Coaches
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


























