Order Details

Awarding Entities: Integral Coach Factory (ICF), Chennai (Indian Railways) and an India-based manufacturer

Scope of Work: Manufacture and supply of the following railway components as per applicable RDSO drawings, specifications and contractual terms:

  • Axle Box Housing (Finish Machined)
  • Cast Steel Bearing Plates
  • Cast Steel Slide Chairs
  • Cast Steel Insulated Tie Plates

Order Characteristics: Domestic order

Aggregate Order Value: ₹17.12 Crore

Execution Period: Immediate delivery and phased deliveries from October 1, 2026 to September 30, 2027

Strategic Context

The order reinforces the company's relationship with Indian Railways and its associated manufacturing ecosystem. The company highlights its established expertise in RDSO-certified manufacturing and ability to meet stringent quality and specification requirements of Indian Railways.

Financial Impact Assessment

The phased delivery schedule provides strong near-term revenue visibility. The order, along with the company's existing order pipeline, is expected to contribute meaningfully to financial performance over coming quarters.

Management Commentary

Mr. Himanshu Lohia, Managing Director cum Chief Financial Officer, stated: \"We are pleased to have received these purchase orders... These orders are a strong validation of the trust that Indian Railways and its associated entities continue to place in our manufacturing capabilities and the quality of our products.\"

He further added that the company is \"well-equipped to execute these orders within the stipulated timelines while maintaining our highest standards of precision and quality.\"

Company Background

Neetu Yoshi Limited is described as a metallurgical engineering firm specializing in customized ferrous products including mild steel, spherical graphite iron, cast iron, and manganese steel, with product weight range from 0.2 kg to 500 kg.

Certifications:

  • RDSO-certified vendor for over 25 casting products for Indian Railways
  • ISO 9001:2015 (Quality Management)
  • ISO 14001:2015 (Environmental Management)
  • ISO 45001:2018 (Occupational Health & Safety Management)

Financial Performance Reference

For FY26, the company reported on a consolidated basis:

  • Total Income: ₹101.59 Crore
  • EBITDA: ₹33.87 Crore
  • Net Profit: ₹25.01 Crore