Cosmic CRF Ltd Secures Significant Contracts Worth ~₹2,560.41 Lakh

Cosmic CRF Ltd recently announced significant new orders through a stock exchange filing, highlighting a robust demand for its products within the Indian rail industry. The company has secured contracts from 3 distinct Wagon Manufacturing Companies and 6 divisions of Indian Railways, collectively valued at ~₹2,560.41 lakh (inclusive of GST).

Order Details

First Order

• Gross Value: ₹903.21 lakh (inclusive of GST)
• Completion Period: Within 6 months
• Awarding Entity: Wagon Manufacturing Industries
• Nature of Order: The order involves supplying 324 sets of CRF Sections specifically designed for BOXNS, BOSM, and BOXNHL wagons. This contract is a domestic order and emphasises Cosmic CRF Ltd’s strong foothold in the local wagon manufacturing market.

Second Order

• Gross Value: ₹818.94 lakh (inclusive of GST)
• Completion Period: Within 6 months
• Awarding Entity: Wagon Manufacturing Industry
• Nature of Order: This order includes several components: 122 sets of CRF Sections for BOXNHL wagons, 236 sets of CRF Sections for Centre Cill wagons, and 16 additional CRF Sections. Like the previous contract, this order is also domestic and reflects the company’s extensive capability in catering to diverse wagon requirements.

Third Order

• Gross Value: ₹838.26 lakh (inclusive of GST)
• Completion Period: Within 6 months
• Awarding Entity: Indian Railways
• Nature of Order: The contract includes a large-scale supply of CRF Sections: 1,387 sets for Side Top/Body Top Arrangement, 2,142 sets for Side Stanchion, and 240 sets for BOXNHL. This significant order further strengthens Cosmic CRF Ltd’s association with Indian Railways, reinforcing its pivotal role in the rail sector.

The cumulative value of these contracts, totalling ~₹2,560.41 lakh, underscores Cosmic CRF Ltd’s strong market position and the growing demand for its products. These orders, all set for completion within six months, are expected to contribute positively to the company’s financial performance and operational momentum. The fact that all these contracts are domestic reinforces the company’s strategic focus on serving the Indian rail industry, which remains a crucial segment for its business growth.

The new orders not only bolster Cosmic CRF Ltd’s revenue outlook but also highlight the company’s capacity to meet large-scale production demands. As it executes these contracts, Cosmic CRF Ltd is likely to enhance its market reputation and potentially secure further orders from both existing and new clients in the rail sector.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.