GPT Infraprojects secures ₹134 crore railway signalling order in Western Railway

what happened

GPT Infraprojects Limited reported in a stock exchange filing that its wholly owned unit, Alcon Builders and Engineers Private Limited, has been awarded a railway signalling contract worth ₹134.11 crore including GST. The client is the signalling and telecom engineering office of Western Railway's Ratlam division. Excluding GST, the value is ₹113.65 crore.

The scope covers survey, design, supply, installation, testing and commissioning of block signalling with electronic interlocking and digital axle counters on several double-line sections, including Nagda-Ujjain-Tajpur, Phanda-Sant Hirdaram Nagar, Ujjain-Karchha and Mangliyagaon-Indore. The project must be completed within 548 days from the appointed date.

After the award, the company said its net outstanding order book reached ₹5,651 crore, while order inflow for fiscal 2027 totals ₹1,478 crore. CNBC-TV18 reported that the stock closed almost one percent higher and is up 15% so far this year.

why it matters

The contract is small relative to the company's existing order book, so for investors it is a routine addition rather than a development that changes the picture. Railway signalling upgrades remain a steady source of work for Indian infrastructure contractors, and the order adds visibility on revenue over the project period.

tags

instruments