Oriental Rail Infrastructure Bags ₹42.89 Crore Order for Vande Bharat Express Seats

Oriental Rail Infrastructure has secured its first major order for supplying seats for the Vande Bharat Express, India’s premier indigenous semi-high-speed train.

The order, valued at ₹42.89 crore, was awarded by the Rail Coach Factory (RCF) in Kapurthala, marking a pivotal moment for the company as it enters the prestigious Vande Bharat segment.

Order Details and Scope

The contract involves the supply of eight sets of one rake set of “seats” without seat fixing profiles for the Trainset-18, popularly known as the Vande Bharat Express. The delivery of the seats is scheduled for July 24, 2026.

As per the payment terms, 95% of the payment will be released upon inspection certification and proof of dispatch, while the remaining 5% will be paid upon final acceptance.

This order is a landmark achievement for Oriental Rail Infrastructure, as it aligns with Indian Railways’ ambitious plans to modernize its fleet and enhance passenger comfort through the Vande Bharat initiative.

Entry into the Vande Bharat Segment

The Vande Bharat Express is a flagship project of Indian Railways, designed to offer world-class amenities and faster travel times. By securing this order, Oriental Rail Infrastructure has demonstrated its capability to contribute to this transformative initiative.

The contract not only enhances the company’s reputation but also opens doors for future collaborations in the high-speed train segment.

Q3 FY25 Financial Performance

Despite the significant order win, Oriental Rail Infrastructure reported a decline in its financial performance for the third quarter of the fiscal year 2024-25 (Q3 FY25).

The company’s consolidated net profit fell by 39.9% year-on-year (YoY) to ₹7.52 crore, compared to ₹12.51 crore in the same period last year (Q3 FY24). However, revenue from operations saw a modest increase of 4.3% YoY, rising to ₹152.82 crore in Q3 FY25.

Stock Performance 

On March 10, 2025, Oriental Rail Infrastructure share price traded 4.99% higher at ₹170.30 at 10:57 AM (IST). Oriental Rail Infrastructure’s share price reached a 52-week high of ₹445, and a 52-week low of ₹137.20. As per BSE, the total traded volume for the stock stood at 0.35 lakh shares with a turnover of ₹58.73 lakhs.

At the current price, Oriental Rail Infrastructure shares are trading at a price-to-earnings (P/E) ratio of 105.78x, based on its trailing 12-month earnings per share (EPS) of ₹1.61, and a price-to-book (P/B) ratio of 4.24, according to exchange data.

About Oriental Rail Infrastructure

Oriental Rail Infrastructure is a leading manufacturer and supplier of diversified railway products for Indian Railways and related industries.

The company’s product portfolio includes seats and berths, recorn, compreg board and articles, furniture and parts, coated upholstery fabric, plywood, phenolic resin and hardener, silicon foam, and more. Its expertise in producing high-quality railway components has made it a trusted partner for Indian Railways.

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