Airfloa Bags Rs 92.08 Lakhs Order from Indian Railways

Airfloa Rail Technology Limited has secured a new order worth Rs 92.08 lakhs from Integral Coach Factory, Chennai, for the supply and installation of stainless steel nose cones for MEMU/DMC/JK trains, as per a BSE filing.

The order was received on May 7, 2026, and is expected to be completed within a period of twelve months. The contract is subject to Indian Railways Standard Conditions of Contract and General Conditions of Contract for the Stores Department of Indian Railway.

The order adds to Airfloa’s existing pipeline and strengthens its position in the rail technology sector. The company will supply and install nine sets of stainless steel nose cones for MEMU/DMC/JK trains, with a total value of Rs 92.08 lakhs.

The payment terms for the contract include 90% against PRC and IC, and the balance 10% plus 100% installation charges against receipt note and installation certificate issued by a gazetted officer of the mechanical department.

The contract was awarded through a domestic entity, and the company does not have any interest in the entity that awarded the order. The order is a significant win for Airfloa, and it reinforces the company’s position as a leading player in the rail technology sector.

As part of the agreement, Airfloa will be responsible for the supply and installation of the stainless steel nose cones for MEMU/DMC/JK trains. The company’s expertise in rail technology and its ability to deliver high-quality products have enabled it to secure this order.

This order reinforces Airfloa’s position as a leading player in the rail technology sector, and it is expected to contribute to the company’s growth and revenue in the coming months.

Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.