BAJAJ BROKING

Notification
No new Notification messages
Ather Energy IPO is Open!
Apply for the Ather Energy IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

HBL Engineering Bags Rs 762 Crore Kavach Orders From Central Railway

Synopsis:

HBL Engineering has won five contracts worth Rs 762.56 crore from Central Railway for the Kavach safety system across 413 stations, covering 3,900 km. Each project is set to be completed within 18 months, impacting HBL Engineering share price.


HBL Engineering has secured five contracts worth Rs 762.56 crore from Central Railway for implementing the Kavach automatic train protection system. The contracts cover 413 railway stations and a combined distance of 3,900 kilometres. The company has received a Letter of Acceptance (LoA) and will execute the projects within a strict deadline of 18 months. This development is expected to attract market attention towards HBL Engineering share price, following the large-scale deployment of safety infrastructure.

Also read: Government Converts Vi Dues Into Equity; Stake Rises To 49 Percent

HBL ENGINEERING LTD

Trade

481.95-11.94 (-2.41 %)

Updated - 30 April 2025
495.70day high
DAY HIGH
479.00day low
DAY LOW
992040
VOLUME (BSE)

Key Takeaways

  1. Total contract value: Rs 762.56 crore

  2. Projects awarded by Central Railway

  3. Coverage: 3,900 km across 413 stations

  4. Completion timeline: 18 months for each contract

  5. Technology used: Kavach – automatic train protection system

  6. LoA issued for all five contracts

  7. Expected boost in revenue pipeline

  8. Q3 FY25 net profit fell 18.3% YoY to Rs 64.61 crore

  9. Q3 FY25 revenue declined 24.8% YoY to Rs 450.56 crore

  10. HBL Engineering share price may gain momentum

Also read: BSE Board Approves 2:1 Bonus Issue; Stock Jumps Over 16% to Rs 5,438

Contract Scope And Project Timeline

The Kavach system, developed to prevent train collisions and enhance operational safety, will be deployed across multiple routes managed by Central Railway. Each of the five awarded projects will span a different section but share the same 18-month implementation timeline. The large-scale rollout demonstrates the government’s push for railway modernisation using indigenous technologies.

Financial Performance And Outlook

In Q3 FY25, HBL Engineering reported a decline in performance, with net profit dropping 18.3% year-on-year to Rs 64.61 crore. Revenue from operations also fell 24.8% to Rs 450.56 crore compared to the previous year. Despite this short-term dip, the recent Kavach orders are expected to contribute to future growth and support market sentiment around HBL Engineering share price in the upcoming quarters.

Kavach Project Overview

Particulars

Details

Total contracts awarded

5

Total contract value

Rs 762.56 crore

Railway division

Central Railway

Total stations covered

413

Total route length

3,900 km

Project duration

18 months

Technology

Kavach (Train Protection System)

HBL Engineering share price impact

May react to fresh contract wins

Also read: HAL signs Rs 62,700 crore LCH deal with MoD; shares end at Rs 4,176

Do you have a trading account app or demat account app?

You can open an account with Bajaj Broking in minutes.

Download the Bajaj Broking app now from Play Store or App Store.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://www.bajajbroking.in/disclaimer

Share this article: 

Read More Blogs

Disclaimer :

The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes.

The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.

Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.

BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.

Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

[ Read More ]

For more disclaimer, check here : https://www.bajajbroking.in/disclaimer

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

9.5 lakh+ Users

icon-with-text

4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4400+ Cr MTF Book

icon-with-text