Airfloa Rail Technology Ltd
Airfloa Rail Technology wins Rs. 34.85 Crores Vande Bharat sleeper trainset contract
ORDERS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 13 Oct 2026, 12:07 AM IST · BSE ID: 4edc6798-1024-4a65-8cd0-8169bddfd72a
View Original BSE Filing (PDF)
💡
In Simple Terms
The company won a large contract to design the interiors of new Vande Bharat sleeper trains.
🤖 AI Summary
- Airfloa Rail Technology consortium secures Rs. 34.85 Crores contract for Vande Bharat sleeper trainset interior design.
- Contract awarded by Integral Coach Factory (ICF), Chennai, includes design and development work.
- Interior design component valued at Rs. 30.93 Crores; associated development at Rs. 3.93 Crores.
- Project completion is scheduled within 12 months from the Letter of Acceptance issuance.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Contract Value
Rs. 34.85 Crores
Interior Design Component
Rs. 30.93 Crores
Associated Development Work
Rs. 3.93 Crores
Project Timeline
12 months
🏢 How This Affects the Company
This order significantly expands Airfloa's role in railway engineering and establishes it as the first Indian company to secure an interior design contract of this scale for Indian Railways.
The Rs. 34.85 Crores contract will contribute to revenue over the 12-month execution period, positively impacting the company's order book.
The company will lead a consortium, undertaking interior design and associated development, requiring project management and execution capabilities.
Execution within the 12-month timeline and consortium coordination present operational risks.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders.
👤
Who Is Affected
All shareholders are affected by the company's enhanced order book and potential for future revenue growth from this contract.
🔍
Management Signal
This contract demonstrates management's focus on securing large, strategic orders within the railway sector and executing complex projects.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Confirmation of project commencement and key milestones.
Updates on consortium collaboration and execution progress.
Subsequent order wins in the railway or metro sectors.
MEDIUM RISK
Project execution within timeline and consortium management are key factors for success.
💡 Investor Takeaway
Airfloa Rail Technology's consortium secured a Rs. 34.85 Crores contract from ICF for Vande Bharat sleeper trainset interior design, to be completed within 12 months.
⚖️ Strengths & Concerns
✅ Positives
- Secured a significant Rs. 34.85 Crores contract for Vande Bharat sleeper trainset interior design from Integral Coach Factory.
- First Indian company to achieve such a large-scale interior design contract within the Indian Railways sector.
📅 Company Track Record
Prior orders include Rs. 34.85 Crores LOA for Vande Bharat Sleeper Trainset consortium, Rs. 107.42 Lakhs from Eastern Railway, and Rs. 85.07 Lakhs from Integral Coach Factory.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the total value of the Vande Bharat sleeper trainset contract won by Airfloa Rail Technology?
Airfloa Rail Technology's consortium secured a contract valued at Rs. 34.85 Crores for the interior design and development of Vande Bharat sleeper trainsets.
Who awarded the Rs. 34.85 Crores contract to Airfloa Rail Technology?
The contract was awarded by Integral Coach Factory (ICF), Chennai, to Airfloa Rail Technology as the lead member of a consortium.
What is the scope of the Rs. 34.85 Crores Vande Bharat sleeper trainset contract?
The contract includes comprehensive interior design of the Vande Bharat sleeper trainset, valued at Rs. 30.93 Crores, and associated development work worth Rs. 3.93 Crores.
What is the timeline for completing the Vande Bharat sleeper trainset interior design contract?
The entire scope of the Rs. 34.85 Crores contract is scheduled to be completed within 12 months from the date of issuance of the Letter of Acceptance.
Questions based on this BSE filing only. For information purposes.