Titagarh Rail Systems Limited , a leading player in the rail manufacturing sector, has clinched a significant contract for the Mumbai Metro Line 6 project. The company will serve as a specialized subcontractor for the rolling stock component, with the contract valued at approximately ₹1,598.55 crore.

Contract Details

The contract, awarded by NCC Limited, encompasses a comprehensive scope of work for the Mumbai Metropolitan Region Development Authority (MMRDA). Titagarh Rail Systems will be responsible for the design, manufacture, supply, installation, integration, testing, and commissioning of rolling stock for Line 6 of the Mumbai Metro Rail Project. The project spans from Swami Samarth Nagar to Vikhroli (EEH).

Project Scope

The order includes:

• Provision of 18 trains, each consisting of 6 cars, totaling 108 metro coaches
• A two-year Defect Liability Maintenance Period
• Five years of Comprehensive Maintenance following the Defect Liability Period

Timeline and Execution

The project timeline is structured as follows:

• Design-Build Period: 104 weeks
• Defect Liability Maintenance Period: 2 years
• Comprehensive Maintenance: 5 years after the Defect Liability Period

Financial Impact

This contract represents a significant boost to Titagarh Rail Systems' order book. The ₹1,598.55 crore deal underscores the company's growing prominence in the urban transportation sector and its capability to handle large-scale metro projects.

Company Statement

In its regulatory filing, Titagarh Rail Systems stated, "The Company, in its capacity as the specialised subcontractor for rolling stock in the tender of MMRDA, has received Letter of acceptance dated 2nd August 2025 from NCC Limited." The company further emphasized that this disclosure was made in compliance with SEBI regulations.

Market Implications

This contract win demonstrates Titagarh Rail Systems' competitive edge in securing high-value projects in the rapidly growing urban transit sector. The long-term nature of the contract, including maintenance provisions, also suggests a steady revenue stream for the company in the coming years.

As urban transportation infrastructure continues to expand across India, companies like Titagarh Rail Systems are well-positioned to capitalize on the growing demand for modern, efficient metro systems. This contract for Mumbai Metro Line 6 further solidifies the company's role in shaping the future of urban mobility in the country.

Titagarh Rail Systems Limited , a prominent player in the rail manufacturing sector, has achieved a significant milestone by securing a substantial contract for the Mumbai Metro Rail Project. The company received a Letter of Acceptance from NCC Limited for a project valued at INR 1,598.55 crores, marking a major step forward in its contribution to India's urban transportation infrastructure.

Contract Details

The contract entails the design, manufacture, supply, installation, and commissioning of 108 metro coaches, which will be configured as 18 trains of 6 cars each. These state-of-the-art coaches are destined for Line 6 of the Mumbai Metro, covering the crucial Swami Samarth Nagar to Vikhroli (EEH) route.

Project Timeline and Scope

The project is structured with a comprehensive timeline:

• Design-Build Period: 104 weeks
• Defect Liability Maintenance Period: 2 years
• Comprehensive Maintenance: 5 years following the defect liability period

This extended timeline ensures long-term commitment from Titagarh Rail Systems to the project's success and the efficient operation of the metro coaches.

Strategic Importance

The contract's award underscores Titagarh Rail Systems' expertise in the rail manufacturing sector and its capability to undertake large-scale urban transportation projects. As a specialized subcontractor for rolling stock in the Mumbai Metropolitan Region Development Authority (MMRDA) tender, the company's selection highlights its technical prowess and reliability in delivering complex rail solutions.

Financial Impact

The INR 1,598.55 crore order significantly bolsters Titagarh Rail Systems' order book, potentially enhancing its financial outlook for the coming years. This contract represents a substantial portion of the company's business activities and demonstrates its competitive edge in securing high-value projects in the rail sector.

Corporate Governance and Transparency

In compliance with regulatory requirements, Titagarh Rail Systems has promptly disclosed the contract details to the stock exchanges. The company confirmed that the order does not involve any related party transactions and that there is no interest from the promoter or promoter group in the awarding entity, NCC Limited.

Conclusion

This landmark contract for Titagarh Rail Systems Limited not only strengthens its position in the rail manufacturing industry but also contributes significantly to the development of Mumbai's public transportation infrastructure. As the project progresses, it will be interesting to observe its impact on the company's growth trajectory and its role in shaping urban mobility solutions in India.