Abha Power Secures ₹2.74 Crore EPC Order; Order Book Touches ₹21.5 Crore

Mumbai, June 17: Abha Power and Steel Ltd has secured a new order worth ₹2.74 crore from a reputed engineering, procurement and construction (EPC) company, further strengthening its order pipeline in the railway and industrial castings segment.

According to the company’s exchange filing, the contract involves the supply of castings and will be executed on a monthly delivery basis. The order is valued at ₹2,73,83,552 and has been awarded by a domestic customer.

While the company did not disclose the customer’s identity, it described the client as a reputed EPC player. The contract will be executed under standard commercial terms, including inspection and quality approval requirements.

More importantly, the latest win takes Abha Power’s total order book to approximately ₹21.5 crore as of June 15, 2026, providing visibility for future production and revenue generation.

For a company of Abha Power’s size, incremental order additions remain closely watched by investors because they offer a clearer picture of capacity utilisation and business momentum.

The company also clarified that neither its promoters nor promoter group entities have any interest in the awarding customer and that the transaction does not qualify as a related-party deal.

Stock Market Snapshot

Abha Power share price edged higher after the order announcement.

As of 10:31 AM IST on June 17, 2026, shares of Abha Power and Steel Ltd were trading at ₹28.95, up ₹0.20 or 0.70% from the previous close.

The stock remained relatively stable through the morning session, indicating that investors viewed the order positively, though not as a transformative event given its size.

Still, the market appeared encouraged by the steady flow of business wins and the company’s growing order book, particularly at a time when railway-linked manufacturing and engineering companies continue to benefit from infrastructure spending.

The Abha Power share price has remained sensitive to order inflow announcements as investors track the company’s ability to convert opportunities into sustained revenue growth.

Railway Sector Exposure Continues to Drive Business

Abha Power operates in a niche segment catering to railways, steel, cement, mining and engineering industries through its casting and foundry operations.

The company has built a presence in railway component manufacturing over the years, supplying products used in rolling stock and infrastructure applications.

Management has consistently highlighted the railway sector as a key growth driver, supported by ongoing investments in network expansion, rolling stock modernisation and freight infrastructure.

The latest order reinforces that positioning and reflects continued demand from EPC contractors serving infrastructure and industrial projects.

Company Background

Abha Power and Steel manufactures steel castings and engineering products from its facility in Raipur, Chhattisgarh.

The company operates foundry and steel-making facilities and serves customers across India as well as select international markets. Its product portfolio caters to industries including railways, power, cement, mining and heavy engineering.

Over the years, the company has expanded its manufacturing capabilities to focus on specialised castings and railway-related components, which now form an important part of its business mix.

Conclusion

The ₹2.74 crore EPC order may not be a game-changing contract on its own, but it adds to Abha Power’s growing order pipeline and pushes its order book to around ₹21.5 crore.

For investors, the more important takeaway is the steady pace of order inflows and the visibility they provide into future operations. Continued contract wins in the railway and infrastructure ecosystem could support the company’s growth trajectory over the coming quarters.

Source:

• https://www.nseindia.com/get-quote/equity/ABHAPOWER/Abha-Power-and-Steel-Limited
• https://nsearchives.nseindia.com/corporate/ABHA_16062026121609_ABHA_POWER_PRESS_RELEASE_DSC.pdf