Airfloa Rail Technology Limited has secured a new order valued at ₹37.88 lakhs for supplying interior items for Vande Bharat chair car coaches. The company announced this development through a regulatory filing under Regulation 30 of SEBI LODR Regulations on January 7, 2026.

Order Details and Specifications

The contract has been awarded by the Office of the SMM, BGC Depot situated in Ajmer. The order focuses on interior components for Vande Bharat chair car coaches, which are part of India's semi-high speed train fleet.

Regulatory Compliance

The company has fulfilled its disclosure obligations under SEBI regulations, confirming this is a domestic order with no related party transactions involved. The contract terms include adherence to Indian Railways Standard Conditions of Contract and General Conditions of Contract for the Stores Department of Indian Railway.

Business Significance

This order represents Airfloa Rail Technology's continued participation in India's railway modernization initiatives. The Vande Bharat series represents a significant advancement in Indian railway technology, and the company's involvement in supplying interior components positions it strategically within this growing sector.

The one-month completion timeline demonstrates the company's confidence in its manufacturing capabilities and supply chain efficiency. This quick turnaround capability could prove advantageous for securing future contracts in the competitive railway equipment market.

Company Profile

Airfloa Rail Technology Limited, formerly known as Airflow Equipments India Pvt Ltd, operates in the capital goods sector with a focus on non-electrical equipment for railway applications. The company is classified as a small-cap entity with a market capitalization of ₹895.52 crores and trades on BSE with scrip code 544516.

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.