Airfloa Rail Technology Ltd Share Price – BSE

Capital Goods-Non Electrical Equipment, Small Cap

Airfloa Rail Technology has received new order of worth Rs Rs.11.78 crore on 18 February 2026 from Furnishing Division, Integral Coach Factory, Chennai-600038.

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The order pertains to the supply and installation of 159 sets of roller blinds for LHB AC Amrit Bharat Version 3.0 coaches. The total contract value stands at Rs 11.78 crore.

The company said the order will be executed within 45 days from the date of the purchase order.

Airfloa Rail Technology clarified that none of its promoters or promoter group entities have any interest in the awarding authority. It also stated that the transaction does not qualify as a related-party transaction under applicable regulatory norms.

Airfloa Rail Technology is primarily engaged in the manufacturing of components used in rolling stock for Indian Railways, supplying through railway production units such as the Integral Coach Factory (ICF) and other coach factories. The company also undertakes turnkey interior furnishing projects for Indian Railways. In the aerospace and defence sectors, it manufactures intricate, highly engineered, and critical components. Along with Indian Railways, the company also serves other railway factories and global rolling stock OEMs.

The company recorded revenue from operations of Rs 192.39 crore and net profit of Rs 25.56 crore for the year ended 31 March 2025.

The counter rose 0.58% to Rs 286.60 on the BSE.

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The contract covers nine sets and will be executed under the Indian Railways Standard Conditions of Contract and the General Conditions of Contract for the Stores Department, with inspection to be carried out by an approved third-party agency.

The work is scheduled to commence on 26 November 2025 and conclude on 10 May 2026, the company said. It added that neither the promoter nor the promoter group has any interest in MCF, and the order does not qualify as a related-party transaction.

Airfloa Rail Technology is primarily engaged in the manufacturing of components used in rolling stock for Indian Railways, supplying through railway production units such as the Integral Coach Factory (ICF) and other coach factories. The company also undertakes turnkey interior furnishing projects for Indian Railways. In the aerospace and defence sectors, it manufactures intricate, highly engineered, and critical components. Along with Indian Railways, the company also serves other railway factories and global rolling stock OEMs.

The company recorded revenue from operations of Rs 192.39 crore and net profit of Rs 25.56 crore for the year ended 31 March 2025.

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Under the JV, Airfloa will hold a 51% stake while BBBS will hold 49%, creating a manufacturing platform for BBBS?s current and future defence programmes in India.

The scope includes electronic warfare systems, AI-driven autonomous defence solutions, high-precision components, advanced materials, and defence-grade system integration and testing. The partnership aims to accelerate industrialisation of defence products, strengthen export potential, and tap high-growth sectors such as UAVs and advanced materials.

Separately, Airfloa Rail Technology has secured a domestic order from the Integral Coach Factory (ICF), Chennai, for the supply and installation of wider LHB coach windows (1460 ? 700 mm) with sliding shutters for non-AC coaches.

The contract is valued at approximately Rs 2.87 crore, with work slated for completion by 31 October 2026.

The company confirmed the order does not involve related-party transactions, and no promoter or group entity has any interest in the awarding authority.

Airfloa Rail Technology is primarily engaged in the manufacturing of components used in rolling stock for Indian Railways, supplying through railway production units such as the Integral Coach Factory (ICF) and other coach factories. The company also undertakes turnkey interior furnishing projects for Indian Railways. In the aerospace and defence sectors, it manufactures intricate, highly engineered, and critical components. Along with Indian Railways, the company also serves other railway factories and global rolling stock OEMs.

The company recorded revenue from operations of Rs 192.39 crore and net profit of Rs 25.56 crore for the year ended 31 March 2025.

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