GPT Infraprojects Wins ₹385 Crore Rail Order; Shares Fall 0.75%

Mumbai, October 1: GPT Infraprojects Limited said its subsidiary, GPT Concrete Products South Africa (Pty) Limited, has secured a railway concrete sleeper manufacturing and supply contract worth ZAR 660 million, equivalent to approximately ₹385 crore plus VAT.

According to the exchange disclosure dated October 1, 2026, the contract has been awarded by the Chief Procurement Officer, Transnet Freight Rail, South Africa. The assignment covers the manufacture and supply of railway concrete sleepers from the company’s factory at Ladysmith, KwaZulu-Natal.

The contract has a tenure of five years and is classified as an international contract.

Stock Market Snapshot

The GPT Infraprojects share price stood at ₹117.45 as of 2:29:45 PM IST on October 1, 2026, according to the market data.

The stock was down ₹0.89, or 0.75%, at the time. Shares remained below the ₹118 level for much of the afternoon after moving higher around noon.

The GPT Infraprojects share price movement came as the company disclosed the new South African railway sleeper contract through its wholly owned subsidiary.

Contract Covers Railway Concrete Sleepers

The order involves the manufacture and supply of railway concrete sleepers for Transnet Freight Rail. GPT Concrete Products South Africa will execute the work from its manufacturing facility in Ladysmith, KwaZulu-Natal.

The contract value is ZAR 660 million plus VAT, which the company has stated is approximately ₹385 crore plus VAT. The five-year execution period provides for supply over the contract tenure.

The filing also states that the promoter, promoter group and group companies have no interest in the entity awarding the contract. The transaction does not fall within related-party transactions.

GPT Infraprojects Expands Railway Manufacturing Order Book

GPT Infraprojects operates across infrastructure and sleeper manufacturing businesses, with its sleeper segment focused on manufacturing and supplying concrete sleepers for railway projects in India and Africa.

The company said its manufacturing facilities include plants at Panagarh in West Bengal, Ladysmith in South Africa and Tsumeb in Namibia. Following the latest contract, the company continues to build its railway-focused business in the African market.

The company disclosed an outstanding order book of ₹5,377 crore and total order inflow of ₹1,203 crore for Fiscal 2027 in the accompanying release.

Source:

• https://www.nseindia.com/get-quote/equity/GPTINFRA/GPT-Infraprojects-Limited
• https://nsearchives.nseindia.com/corporate/GPTINFRA_01102026115630_Press_Release_intimation_Contract_win_385_Cr_011026_Sgd.pdf