GPT Infraprojects Secures ₹149.5 Crore Signalling Contract

GPT Infraprojects Limited

has secured a significant contract worth ₹149.5 crore from the Chief Signal & Telecommunication Engineer (CSTE), Western Railway, strengthening its presence in India’s railway infrastructure sector. The order represents an important business development for the company and highlights opportunities arising from Indian Railways’ ongoing focus on modernisation, operational efficiency, and railway safety. Key Highlights: * Order Value: ₹149.5 crore. * Client: CSTE, Western Railway. * Sector: Railway signalling and telecommunications infrastructure. * Strategic Importance: Strengthens the company’s railway infrastructure project portfolio and provides additional revenue visibility. Project Details and Financial Impact According to the company’s October 16, 2026, exchange filing, the contract has been awarded to its wholly owned subsidiary, Alcon Builders and Engineers Private Limited. The project involves replacing existing Panel Interlocking (PI) systems with modern Electronic Interlocking (EI), Multi-Section Digital Axle Counters (MSDAC), and integrated block-working systems across 18 stations in Western Railway’s Bhavnagar Division. The scope includes design, supply, installation, programming, testing, and commissioning. The contract is valued at ₹149.50 crore including GST (₹126.70 crore excluding GST), with an execution timeline of 730 days from the appointed date. Following this order, GPT Infraprojects’ net outstanding order book stands at approximately ₹5,538 crore, while FY27 order inflows have reached ₹1,364 crore. The development is positive for business visibility and diversification into railway signalling. However, actual revenue and profitability will depend on timely execution, project costs, and margins. Overall Outlook: Positive from an order-book perspective, with execution performance remaining the key factor to monitor.