Sector / Industry News › Sub-category
Capital Goods / Industrials
14 articles
India’s capital goods sector demonstrates resilience amidst varied challenges, with several companies reporting robust growth and securing significant contracts. WPIL Limited’s consolidated revenue reached ₹18,546 million for FY26, bolstered by new international contracts, while Ajax Engineering reported FY26 revenue of ₹21,025 million, reclaiming market share in the SLCM segment. Texmaco Rail secured a substantial ₹4,045 crore order in South Africa, highlighting growing international opportunities, and Monarch Surveyors won railway contracts totaling ₹11.19 crore. Despite these positives, Blue Star cautioned about ongoing margin pressures and geopolitical headwinds, suggesting a need for continued operational efficiencies and strategic adaptation to navigate the evolving market landscape.
RRP Defense Receives INR 29.83 Cr BEL Order
RRP Defense Limited discloses receipt of a domestic purchase order worth INR 29.83 crore plus GST from Bharat Electronics Limited.
The order is for supply of optical lens components with initial sampl
Voltas Q4 FY26 Net Profit Declines 52% YoY
Voltas reported Q4 FY26 consolidated net profit of INR 113 crores, down 52% YoY from INR 236 crores, with PBT at INR 181 crores.
Management held an earnings call to discuss results, highlighting a pro
India Eight Core Industries Growth 1.7% in April 2026
Government releases Index of Eight Core Industries data showing 1.7% YoY growth in April 2026.
Cement, Steel and Electricity production grew by 9.4%, 6.2% and 4.1% respectively in April 2026.
Cumulati
RVNL Wins ₹164 Crore East Coast Railway Contract
Rail Vikas Nigam Ltd (RVNL) emerged as the lowest bidder (L1) for a domestic railway signaling project from East Coast Railway.
The contract involves provision of MSDAC to increase reliability in the
Batliboi FY26 Revenue Up 7% with Rs593cr Order Backlog
Batliboi reported FY26 revenue growth of 7% to Rs440cr with PAT of Rs7cr impacted by one-time labour code provisions and merger accounting.
The company secured robust order inflows of Rs988cr in FY26,
KRN Subsidiary Receives ₹182.95 Crore Rajasthan Incentives
KRN HVAC Products, a wholly owned subsidiary, received approval under Rajasthan Investment Promotion Scheme (RIPS-2024) for its Neemrana Plant.
The approval entitles the company to a turnover linked i
RITES Q4 Revenue Up 27.7% YoY, Dividend ₹2.75/Share
RITES reported Q4 FY26 revenue growth of 27.7% YoY with EBITDA of ₹172 crore at 22.4% margin.
Company achieved highest ever order book of ₹9,416 crore, adding ₹958 crore in new orders during Q4.
Board
BCPL Railway Infrastructure FY26 Revenue Down 36.8%
BCPL Railway Infrastructure reported standalone FY26 revenue of ₹85.76 crore, down 36.79% YoY, while consolidated revenue grew 30.01% to ₹213.52 crore.
Consolidated PAT increased 35.33% to ₹6.85 crore
WPIL Limited Q4 FY26 Earnings Presentation
WPIL Limited reported Q4 FY26 standalone revenue of ₹2,011 Mn with an EBITDA margin of 25.03% and net profit of ₹402 Mn.
Consolidated annual performance showed revenue of ₹18,546 Mn, EBITDA of ₹3,183
Ajax Engineering FY26 Revenue ₹2,103 Crore, Q4 Margins Improve
Ajax Engineering reported FY26 revenue of ₹2,103 crore, up 1% YoY, in a challenging operating environment.
Q4 FY26 EBITDA grew 4% YoY to ₹115 crore with margin improving 40 bps to 15.1% on operational
Ajax Engineering FY26 Revenue ₹21,025mn Despite Challenges
Ajax Engineering reported FY26 revenue of ₹21,025mn, achieving 1.4% growth despite industry headwinds and emission norm transition challenges.
The company regained market leadership with 73.5% share a
Tirupati Forge FY26 Net Profit Declines to ₹62.95 Crore
Approved audited standalone financial results for Q4 and FY26 with unmodified audit opinion, reporting FY26 net profit of ₹62.95 crore.
Commissioned new defense manufacturing facility with trials comp
Modi Addresses European Round Table on India-EU FTA
Prime Minister Modi announced the successful conclusion of negotiations for the landmark India-EU Free Trade Agreement.
He highlighted India's rapid economic growth and next-generation reforms as attr
MHI Extends REPM Scheme Global Tender Deadline
Ministry of Heavy Industries extended REPM scheme bid submission deadline from May 28 to June 29, 2026.
Scheme has ₹7,280 crore outlay to establish 6,000 MTPA rare earth magnet manufacturing capacity