<h1>IC Electricals Secures ₹4.89 Crore Export Order from US Customer via Subsidiary</h1>
New Delhi, July 14, 2026: IC Electricals Company Limited, a provider of turnkey railway electrification solutions and a manufacturer of railway electrical and electronic equipment, has secured an export purchase order worth USD 5,10,000 (approximately ₹4.89 Crore). The order was awarded by a customer based in the USA to M/s Safe Coils India Private Limited, a subsidiary of IC Electricals Company Limited.
The successful transaction significantly bolstered the company's international standing. With this new order, IC Electricals' total unexecuted export order book now stands at USD 1,800,000 (approximately ₹17.20 Crore). This figure reflects a growth exceeding 300% compared to the export orders executed during Fiscal Year 2025-26.
Commenting on this business achievement, Mr. Sunil Kumar Verma, Managing Director of IC Electricals Company Limited, stated that the order demonstrates confidence from international clients in the company's manufacturing excellence, engineering capabilities, and quality standards. He added that the milestone helps strengthen the global footprint of IC Electricals and commits the management to expanding into new export markets.
IC Electricals Operations Overview
IC Electricals Company Limited is deeply involved in manufacturing specialized electronic equipment for Railway applications and providing advanced engineering solutions tailored for Indian Railways. The company's product portfolio includes regulators, emergency lights, alternators, traction motors, inverters, and microprocessor-based control systems, all conforming to the latest technical specifications.
Beyond component manufacturing, IC Electricals undertakes comprehensive turnkey railway electrification projects. This work covers the design, supply, erection, testing, and commissioning of 25 kV AC overhead equipment and associated traction substations. The company operates primarily on a B2G model and is ISO 9001:2015 certified, maintaining robust quality management systems across its offerings.
The increased export order book underscores the growing acceptance of IC Electricals products in international railway markets, positioning the company for sustainable long-term growth in the global railway sector.
ICELCO Stock Price Movement
Shares of IC Electricals Company Limited are shedding 3.73% as of 9:54 AM, currently trading at ₹161.50 after falling by ₹6.25 from the previous close.The stock has seen a total volume of 109,200 shares traded during the live market session.
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.