Oriental Rail Infrastructure Ltd has announced a significant boost to its order book, securing fresh orders worth ₹65.7 million. The latest contracts reinforce the company’s growing stature as a key supplier to Indian Railways and underscore its robust momentum in the rail infrastructure sector.
Key Highlights:
New Orders Secured: Oriental Rail Infrastructure has clinched orders totaling ₹65.7 million, including a notable contract from Integral Coach Factory (ICF) Chennai. These orders span the supply and installation of specialized seat and berth components for various railway coaches, further cementing the company’s expertise in coach interiors and allied products.
Diverse Product Portfolio: The company’s offerings include Recron, seat and berth assemblies, compreg boards, lavatory doors, silicon foam blocks, and artificial leather, catering to both premium trains like Rajdhani Express and regular passenger coaches. This diversity positions Oriental Rail as a comprehensive solutions provider for Indian Railways’ modernization drive.
Execution Timeline: The contracts, such as the one from ICF Chennai, typically require timely execution, with some orders scheduled for completion by June 2025. Payment terms are structured to ensure liquidity, with the bulk of payment released upon inspection and delivery, and the remainder upon final acceptance.
Financial Strength: Despite a dip in quarterly profit, Oriental Rail Infrastructure reported a year-on-year revenue increase, reflecting operational resilience. The company’s order book now stands robust, with a total value exceeding ₹1,349 crore, supported by marquee clients and a track record of timely project delivery.
Market Impact: The announcement of new orders has kept investor sentiment buoyant, with the company’s stock showing positive movement and analysts highlighting the firm’s long-term growth prospects in the expanding Indian rail sector.
With these latest wins, Oriental Rail Infrastructure continues to solidify its leadership in rail coach interiors and allied manufacturing, supporting Indian Railways’ modernization and passenger comfort initiatives.
Sources: MarketScreener, Business Standard, DSIJ
