Quadrant Future Tek Limited has announced a major contract win worth ₹287.82 crores from Chittaranjan Locomotive Works (CLW) for railway safety equipment supply. The contract, received on January 14, 2026, involves the supply, installation, testing and commissioning of onboard KAVACH locomotive equipment along with comprehensive maintenance services.

Contract Details and Scope

The comprehensive contract encompasses the delivery of 353 units of onboard KAVACH Loco Equipment Ver-4.0, representing a significant order in the railway safety technology sector. The agreement includes not only the supply and installation of equipment but also extends to testing, commissioning, warranty provisions, and long-term annual maintenance services.

KAVACH Technology Implementation

The KAVACH system represents advanced railway safety technology designed to prevent train collisions and enhance operational safety. This Version 4.0 equipment will be installed across multiple locomotive units, contributing to the modernization of India's railway safety infrastructure. The contract covers the complete lifecycle from initial supply through long-term maintenance, ensuring sustained operational efficiency.

Regulatory Compliance and Transparency

The contract announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that this transaction is conducted on an arm's length basis, with no related party interests involved. The promoters, promoter group, and group companies have no interest in Chittaranjan Locomotive Works, ensuring complete independence in the business relationship.

Financial and Operational Impact

The ₹287.82 crore contract represents a substantial addition to Quadrant Future Tek Limited's order book. With a 12-month execution timeline, the contract provides revenue visibility and strengthens the company's position in the railway equipment sector. The inclusion of long-term annual maintenance services also ensures recurring revenue streams beyond the initial equipment supply and installation phase.

Company Background

Quadrant Future Tek Limited, formerly known as Quadrant Cables Pvt. Ltd., operates from its facilities in Punjab with corporate offices in Mohali. The company has established itself in the technology and equipment supply sector, with this KAVACH contract marking a significant milestone in its railway safety equipment portfolio. The successful contract award demonstrates the company's technical capabilities and competitive positioning in the specialized railway safety technology market.

Quadrant Future Tek Ltd has secured a major railway equipment contract worth ₹287.83 crores from Chittaranjan Locomotive Works, marking a significant business development that will boost the company's annual revenue by over 100%. The contract involves the supply of 353 onboard Kavach locomotive equipment units, representing a substantial order in the railway infrastructure sector.

Contract Specifications

The comprehensive agreement covers multiple aspects of the equipment supply and maintenance cycle. The contract details demonstrate the scale and significance of this business win:

Revenue Impact and Business Significance

The contract's value of ₹287.83 crores represents a transformational development for Quadrant Future Tek, with the order expected to increase the company's annual revenue by over 100%. This substantial revenue boost highlights the significant scale of the contract relative to the company's existing business operations and demonstrates the potential for substantial growth in the railway equipment sector.

Scope of Work

The contract encompasses a comprehensive range of services beyond just equipment supply. The agreement includes installation of 353 onboard Kavach locomotive equipment units, complete testing and commissioning of all equipment, long-term maintenance services for the installed systems, and technical support throughout the contract duration.

Strategic Significance

This contract represents a notable addition to Quadrant Future Tek's order book, demonstrating the company's capabilities in the railway equipment sector. The involvement with Chittaranjan Locomotive Works, a key player in India's locomotive manufacturing ecosystem, positions the company within the country's railway infrastructure development initiatives. The Kavach system represents an important component of railway safety infrastructure, and this contract establishes Quadrant Future Tek as a supplier in this specialized segment.