Airfloa Rail Technology Limited has secured a significant new order worth ₹9.96 crore from the Integral Coach Factory (ICF) Chennai for interior panelling and rubber floor covering of 24 Kolkata Metro coaches.

Order Details and Scope

The comprehensive order encompasses the supply and installation of interior panelling and rubber floor covering for 24 sets of Kolkata Metro TC/MC coaches. The project timeline is set for completion within two months, demonstrating the company's efficient execution capabilities in the metro rail segment.

Strengthening Order Book Position

This latest order win has propelled Airfloa Rail Technology Limited's total order book beyond ₹465 crore, providing strong revenue visibility and supporting the company's near to medium-term growth trajectory. The order addition strengthens the company's momentum in the metro rail segment while enhancing its position in urban transportation projects.

Commenting on the order win, Mr. Manikandan Dakshnamoorthy, Joint Managing Director, stated that the latest order strengthens their momentum in the metro rail segment and adds to the healthy growth visibility provided by their expanding order book. He emphasized that with sustained investments in rail and urban mobility infrastructure, the company is well positioned to deliver consistent growth through disciplined execution and integrated manufacturing capabilities.

Company Performance and Capabilities

Airfloa Rail Technology Limited operates as a manufacturer of railway rolling stock components and turnkey interior solutions with over 27 years of experience. The company maintains integrated in-house capabilities spanning engineering, design, tooling, finishing, material development, and assembly, enabling comprehensive end-to-end project execution.

The company has executed nine major turnkey rail projects, including Sri Lankan DEMU and Mainline Export Coaches, Agra-Kanpur Metro, RRTS, Vistadome, and Vande Bharat Express. Airfloa Rail Technology Limited got listed on BSE SME, marking a significant milestone in its corporate journey.

Market Position and Growth Outlook

The company continues to benefit from favorable industry conditions driven by expanding metro networks and sustained investments in railway modernization across India. With its integrated design, manufacturing, and installation capabilities, Airfloa Rail Technology Limited remains strategically positioned to capitalize on opportunities across Indian Railways and urban mobility projects. The company serves global rail OEMs and multiple Indian Railways divisions while also supplying high-precision components to the aerospace and defense sectors.

Airfloa Rail Technology Limited, a company specializing in rail equipment manufacturing, has announced a significant new order from the Modern Coach Factory (MCF) in Lalganj, Raebareli. The order, valued at Rs 86.65 lakhs, reinforces the company's position in the domestic rail supply chain.

Order Details

Contract Specifications

The order is subject to Indian Railways Standard Conditions of Contract, underlining the stringent quality and compliance requirements in the rail manufacturing sector. This adherence to standardized conditions ensures that Airfloa Rail Technology's products will meet the high standards set by Indian Railways.

Implications for Airfloa Rail Technology

This new order represents a positive development for Airfloa Rail Technology Limited. It not only contributes to the company's order book but also demonstrates the firm's capability to meet the specific requirements of major clients in the Indian rail sector. The successful execution of this order could potentially lead to more opportunities with Modern Coach Factory and other entities within the Indian Railways ecosystem.

Market Context

The Indian railway sector continues to see significant investments in modernization and expansion. Orders like this one to Airfloa Rail Technology reflect the ongoing efforts to enhance the quality and efficiency of rail coach manufacturing in the country. As the government pushes for more localization in manufacturing, companies like Airfloa are well-positioned to benefit from the growing demand for domestically produced rail components.

While this order is a positive indicator for Airfloa Rail Technology, investors and market watchers will likely be keen to see how the company performs in executing this contract and securing additional orders in the future. The successful completion of this project could strengthen Airfloa's reputation and potentially lead to larger contracts in the coming years.