Airfloa Rail Technology Limited (BSE: AIRFLOA | 544516 | INE0XBS01012), a key manufacturer of railway rolling stock components and turnkey interior systems, has announced fresh orders worth ₹3.08 crore from the Modern Coach Factory (MCF), Uttar Pradesh, for supplying Side Wall sets for LHB Power Car Coaches. The latest contract, received on October 29, 2025, pushes the company’s total new order inflow to ₹113.45 crore within a single week.
Airfloa Rail Technology Limited has secured a ₹3.08 crore order from the Modern Coach Factory (MCF), Uttar Pradesh, for the supply of complete side wall sets for LHB Power Car Coaches. The project will be executed within a period of five to six months, strengthening the company’s partnership with one of Indian Railways’ key manufacturing units.
In another major win, the company received orders worth ₹23.91 crore and ₹73.93 crore from the Integral Coach Factory (ICF), Chennai. The ₹23.91 crore contract involves the turnkey supply and installation of interior furnishing for Amrit Bharat Coaches, with an execution timeline of around 15 months. The larger ₹73.93 crore order covers turnkey interior furnishing for Amrit Bharat LWSCN Coaches, expected to be completed within 12 to 18 months.
Additionally, Airfloa Rail has been awarded a ₹9.74 crore order from MCF, Uttar Pradesh, for the supply of roof assemblies, Nose Cone installation, and luggage rack modules for LHB Coaches, to be completed in five to seven months. The company also bagged a ₹2.79 crore project from ICF, Chennai, for supplying a complete sidewall and roof set for the Kolkata Metro, scheduled for execution over approximately 17 months.
These successive wins highlight Airfloa Rail’s design leadership, precision manufacturing expertise, and deep collaboration with Indian Railways’ premier coach factories. With cumulative orders of ₹113.45 crore in seven days, the company’s order book now stands close to ₹455 crore, driven by growing opportunities across Indian Railways, metro systems, and export projects.
Commenting on the development, Manikandan Dakshnamoorthy, Joint Managing Director, said “These back-to-back order wins reaffirm the confidence our clients have in Airfloa’s engineering capabilities and execution standards. Every project strengthens our long-standing relationship with Indian Railways and underscores our focus on precision, innovation, and reliability. We continue to invest in our people, technology, and infrastructure to sustain this growth momentum and deliver value to all stakeholders.”
Airfloa Rail Technology Limited is a leading Indian manufacturer specializing in rolling stock components and turnkey interior solutions for Indian Railways and global rail OEMs. The company collaborates with major railway production units such as Integral Coach Factory (ICF) and Modern Coach Factory (MCF) and also caters to the aerospace and defence sectors.
With over 27 years of industry experience, two state-of-the-art manufacturing units, and nine completed turnkey rail projects — including Sri Lankan DEMU and Mainline Export Coaches, RRTS, Agra-Kanpur Metro, Vistadome, and Vande Bharat Express — Airfloa has established itself as a trusted partner in India’s rail infrastructure ecosystem.
The company’s integrated capabilities span design, engineering, tooling, fabrication, assembly, and finishing, enabling complete in-house project execution. In FY25, Airfloa reported Revenue of ₹192.39 crore, EBITDA of ₹47.41 crore, and PAT of ₹25.55 crore. The company was listed on the BSE SME Emerge platform in September 2025, marking a key milestone in its growth journey.
