Railway Sector – Order Book Snapshot

India’s railway ecosystem continues to show strong execution visibility, backed by large and diversified order books across key players. RVNL Order Book: ~₹90,000 crore Focus: Metro projects, High-Speed Rail, Vande Bharat trains Titagarh Rail Systems Order Book: ~₹28,400 crore* Focus: Passenger rolling stock, Vande Bharat, Metro coaches IRCON International Order Book: ₹23,865 crore Focus: EPC projects, High-Speed Rail, Highways BEML Order Book: ₹16,342 crore Focus: Metro cars, Defence equipment, Vande Bharat sleeper coaches RailTel Corporation Order Book: ₹8,251 crore Focus: Telecom networks, Signaling, KAVACH safety systems RITES Order Book: ₹6,581 crore Focus: Consultancy services, Rolling stock exports Texmaco Rail Order Book: ₹6,367 crore Focus: Freight wagons, Track infrastructure Jupiter Wagons Order Book: ₹5,538 crore Focus: Freight wagons, Brake systems Investor takeaway A robust order pipeline across execution, manufacturing, and consultancy highlights strong medium-term growth visibility for railway-linked companies. Timely execution and margin discipline will be key differentiators going forward.