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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.
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Total contract value: Rs 762.56 crore
Projects awarded by Central Railway
Coverage: 3,900 km across 413 stations
Completion timeline: 18 months for each contract
Technology used: Kavach – automatic train protection system
LoA issued for all five contracts
Expected boost in revenue pipeline
Q3 FY25 net profit fell 18.3% YoY to Rs 64.61 crore
Q3 FY25 revenue declined 24.8% YoY to Rs 450.56 crore
HBL Engineering share price may gain momentum
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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.
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.
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 |
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