Apar Industries secures ₹156.9 Cr telecom infrastructure contract from South Eastern Railway
Apar Industries Limited has secured a ₹156.9 Crore EPC contract from South Eastern Railway for telecom infrastructure. The project, to be executed over two years, involves supplying and commissioning telecom towers and OFC backbone for Indian Railways' Kavach system. The company estimates a working capital requirement of ₹10 Crore.
The contract value is substantial and represents a new line of business for the company, which is expected to contribute significantly to its revenue and market position.
The company has secured a significant new order, marking an entry into a new business vertical, which is positive for future revenue diversification and growth.
Apar Industries Limited announced its entry into the telecom service business with a significant EPC contract from South Eastern Railway. The contract involves the Supply, Erection, Testing, and Commissioning of telecom towers and Optical Fiber Cable (OFC) backbone infrastructure across approximately 1,563 route kilometers (RKM) for the Indian Railways' Kavach system.
The project, valued at ₹156.9 Crore (inclusive of GST), is scheduled to be executed over a two-year period. This initiative aligns with Indian Railways' nationwide upgrade to enhance safety, automation, and operational efficiency. Apar Industries will leverage its engineering and project execution strengths to deploy advanced signaling, communication, and digital infrastructure systems.
The company expects this venture to diversify and expand its revenue streams by building a scalable Telecom EPC platform. It also anticipates deepening its engagement with Indian Railways and positioning itself for future business opportunities across other zones. The estimated working capital requirement for this project is around ₹10 Crore.
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Apar Industries Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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