Dhara Rail Projects wins ₹8.20 Cr order for engine overhaul
Dhara Rail Projects Limited has secured a work order worth ₹8.19 crore from the Sr. Divisional Electrical Engineer/EMU/GZB for the overhauling of Cummins make diesel engines. The contract, valid for 36 months, was awarded by a domestic entity and includes GST. There are no related party interests associated with this order.

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Dhara Rail Projects Limited has secured a work order worth ₹8,19,66,839.75 from the Sr. Divisional Electrical Engineer/EMU/GZB for the overhauling of Cummins make diesel engines. The contract, awarded by a domestic entity located in Ghaziabad, Uttar Pradesh, spans a duration of 36 months. This order is significant as it expands the company's order book in the rail infrastructure maintenance sector.
The work order specifically pertains to the “Overhauling of Cummins Make Diesel Engines (Type NT- 855R)” at the Electrical EMU Car Shed in Chipiyana. The broad commercial consideration for the contract amounts to ₹8,19,66,839.75, inclusive of GST. The company confirmed that neither the promoter group nor group companies hold any interest in the entity that awarded the order.
The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The filing also references the SEBI Circular SEBI/HO/CFD/CFDPod-1/P/CIR/2023/123 dated July 13, 2023. The Managing Director, Tejas Lalit Mehta, signed the intimation on July 2, 2026.
Order Details
| Particulars | Details |
|---|---|
| Name of Client | Sr. Divisional Electrical Engineer/EMU/GZB, Electrical EMU Car Shed, Chipiyana, Near Lal Kuan Ghaziabad, 201009 Uttar Pradesh, India |
| Nature of Order | Overhauling of Cummins Make Diesel Engines (Type NT- 855R) |
| Order Value | ₹8,19,66,839.75 (including GST) |
| Duration | 36 Months |
| Related Party Transaction | Not Applicable |
Historical Stock Returns for Dhara Rail Projects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.56% | -6.42% | -17.39% | +6.65% | -14.92% | -14.92% |
How will this 36-month contract impact Dhara Rail Projects' revenue recognition over the next fiscal year?
Does this order signal a potential expansion in the company's maintenance capabilities beyond Cummins engines?
What is the expected margin profile for engine overhauling compared to the company's other rail infrastructure projects?































