Airfloa Rail Technology Secures ₹73.93 Crore Order from ICF

Chennai, October 23, 2025: Airfloa Rail Technology Ltd (BSE: 544516) has announced that it has secured a domestic order valued at ₹73.93 crore from the Integral Coach Factory (ICF), Chennai, for supplying and installing turnkey interior furnishing for Amrit Bharat LWSCN coaches.

Incorporated in 1998, Airfloa Rail Technology Ltd (previously Airflow Equipments India Pvt. Ltd.) is engaged in the design, engineering, and supply of customised air handling and interior systems for railways as well as industrial applications. It is a BSE SME-listed company under the Industrial Products category.

Order Details and Project Scope

Airfloa Rail Technology Limited has acquired a fresh domestic order from the Integral Coach Factory (ICF), Chennai, valued at ₹73.93 crore. The order concerns the supply and installation of turnkey interior furnishings for Amrit Bharat LWSCN Coaches. The project is scheduled for completion in 12 to 18 months. The purchase order was formally received on October 22, 2025, at 5:38 PM. The company confirmed that no promoter or group interest is associated with this order.

Share Price Update

As of 2:52 PM on 23 October 2025, Airfloa Rail Technology Ltd’s share price stood at ₹413, down 2.86% from the previous close. The stock opened at ₹427.05, reaching an intraday high of ₹429.20 and a low of ₹413.00. The company has a market capitalisation of ₹989.96 crore and a price-to-earnings (P/E) ratio of 38.75. Over the past 52 weeks, Airfloa Rail Technology Ltd shares have traded between ₹266.00 and ₹431.95, reflecting significant growth in recent months.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/300f3d8e-0d4b-4277-b52e-84ef8128691a.pdf

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