Dhara Rail Projects wins Rs 59.75 Lakhs order from North Western Railway
Dhara Rail Projects Limited has secured a Rs 59.75 Lakhs order from North Western Railway for maintaining electrical substations over two years. The contract involves preventive maintenance and troubleshooting at MTD & DNA. The company confirmed there is no promoter interest in the awarding entity.
*this image is generated using AI for illustrative purposes only.
Dhara Rail Projects Limited has secured a work order worth Rs 59,75,105.60 from the North Western Railway for the maintenance of electrical substations. The contract, awarded by the Divisional Electrical Engineer/TRD/JU, Jodhpur Division Electrical, covers preventive scheduled maintenance, operation, troubleshooting, and up-keeping of electrical substations at MTD & DNA. This two-year engagement is expected to bolster the company's order book and operational presence in the railway infrastructure sector.
The order was received pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company disclosed that the broad commercial consideration for the contract amounts to Rs 59,75,105.60, including GST. The project duration is set for 24 months from the commencement date.
Key Order Details
The following table outlines the specific details of the order as per the regulatory disclosure:
| Sr. No. | Particulars | Details |
|---|---|---|
| 1. | Name of the entity to which order is awarded | Divisional Electrical Engineer/TRD/JU, Jodhpur Division Electrical, DRM Office, North Western Railway, Harish Joshi Marg, Jodhpur, Rajasthan – 342001, India |
| 2. | Whether order awarded by domestic/ international entity | Domestic |
| 3. | Significant terms and conditions | Preventive Schedule maintenance, operation, trouble shooting and up-keeping of Electrical substation at MTD & DNA for a period of two years. |
| 4. | Time period associated with the order | 24 Months |
| 5. | Broad commercial consideration or size of the order | Rs. 59,75,105.60 (including GST) |
| 6. | Promoter/promoter group interest in the entity | No |
| 7. | Related party transaction | Not Applicable |
The filing confirmed that neither the promoter group nor group companies hold any interest in the entity that awarded the order. Furthermore, the transaction does not qualify as a related party transaction. The intimation was submitted to the National Stock Exchange of India Limited on June 15, 2026, 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 |
|---|---|---|---|---|---|
| -1.00% | -8.79% | +30.52% | -2.13% | -2.13% | -2.13% |
How will this new contract impact Dhara Rail Projects' revenue projections for the current and next fiscal year?
Does this order signal a potential increase in maintenance spending by the North Western Railway that could lead to further contracts?
What are the company's plans to manage the operational execution of this two-year project alongside existing commitments?
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