Neetu Yoshi Limited , a prominent railway components manufacturer, has reported a strong financial performance for the first half of fiscal year 2026. The company achieved a significant 30% year-on-year growth in revenue, reaching Rs. 45.89 crores.

Financial Highlights

The company's EBITDA stood at Rs. 15.93 crores, translating to a robust EBITDA margin of 34.72%. Neetu Yoshi Limited also reported a net profit of Rs. 11.54 crores, achieving a net profit margin of 25.15%, slightly exceeding its target of 25%.

Strategic Relocation and Expansion

Neetu Yoshi Limited has decided to relocate its bogie manufacturing plant from Kanpur to Haridwar. This strategic shift is expected to bring several cost benefits to the company, including:

• Reduced power costs due to cheaper electricity in Uttarakhand
• Lower logistics expenses for transporting components
• Proximity to the RDSO (Research Designs and Standards Organisation) office in Delhi for inspections

The company has secured written confirmation from RDSO for inspections to be conducted from the Haridwar zone, facilitating a smoother transition.

Future Outlook

Neetu Yoshi Limited has set a revenue target of Rs. 110 crores for FY26. The company plans to expand its presence in various railway segments, including:

• Track components
• Coach components
• Bridge and structure segments

The management expects the new facility in Haridwar to be commissioned by April 2026, which may contribute to the company's growth trajectory.

Diversification and Market Presence

The company has been diversifying its product portfolio across different railway sectors:

• Wagons: Focus on critical safety components
• Locomotives: Development of new parts like exit box housing
• Coaches: Expansion into buffer components
• Tracks: Development of TWS fittings and CMS crossing turnouts

This diversification strategy aims to capture a larger market share and reduce dependence on a single segment within the railway industry.

Himanshu Lohia, Managing Director and CFO of Neetu Yoshi Limited, expressed confidence in the company's growth prospects, stating, "We are in line with the target which we focus on is 110. Growth is always in positive direction."

As Neetu Yoshi Limited continues to expand its product range and manufacturing capabilities, it appears well-positioned to capitalize on the growing opportunities in India's railway sector. However, investors should note that the company's performance remains closely tied to government initiatives and spending in the railway infrastructure.

Neetu Yoshi Limited , an RDSO-certified railway component manufacturer, has reported robust financial results for the first half of FY26, showcasing significant growth across key metrics.

Financial Highlights

The company's consolidated performance for H1 FY26 demonstrates substantial year-on-year improvements:

Operational Performance

Neetu Yoshi Limited operates a Class A RDSO-certified manufacturing facility in Uttarakhand with an 8,087 MTPA capacity. The company produces over 25 critical safety spare parts for Indian Railways, specializing in braking solutions, suspensions, propulsion aids, and coupling attachments.

Management Commentary

Mr. Himanshu Lohia, Managing Director cum Chief Financial Officer, stated, "The first half of FY26 has been a period of strong progress for us at Neetu Yoshi Limited. We continued to build on last year's momentum, strengthening our presence as a trusted and forward-looking partner to Indian Railways."

He added, "Our focus has remained on operational discipline, technology-driven manufacturing, and timely execution across every order. During the period, we further deepened customer relationships, secured repeat orders, and enhanced production efficiency through better process integration and quality control."

Future Outlook

The company is well-positioned to capitalize on the ongoing rail modernization drive in India. Key factors supporting this outlook include:

1. Government's record ₹3.02 lakh crore capital outlay for FY26
2. ₹16.7 lakh crore modernization plan through 2031
3. Initiatives such as the National Rail Plan and Dedicated Freight Corridors

Expansion Plans

Neetu Yoshi Limited is progressing with its new manufacturing facility in Haridwar for bogies and couplers, which is central to its forward integration strategy. This expansion is expected to enhance the company's product range and capture higher-value opportunities within the railway supply chain.

Market Position

The company maintains a strong order book of over ₹1,054 crore and supplies to major railway clients including Indian Railways, Titagarh Rail Systems, and Jupiter Wagons. Its RDSO certification and focus on critical safety components provide a significant competitive advantage in the market.

As the Indian railway sector continues its transformation, Neetu Yoshi Limited appears well-equipped to leverage its expertise in precision engineering and RDSO-approved manufacturing to capitalize on the growing demand for high-quality railway components.