Neetu Yoshi Limited Secures ₹17.12 Crore Order from Indian Railways for Critical Track and Coach Components

Neetu Yoshi Limited Secures ₹17.12 Crore Order from Indian Railways for Critical Track and Coach Components

Neetu Yoshi Limited Secures ₹17.12 Crore Order from Indian Railways for Critical Track and Coach Components​

Dehradun - July 23, 2026: Neetu Yoshi Limited, a leading RDSO-certified manufacturer of customized ferrous metallurgical products, has announced securing an aggregate purchase order valued at ₹ 17.12 Cr. This contract involves the manufacture and supply of essential railway components to Integral Coach Factory (ICF), Chennai, Indian Railways, and an associated India-based manufacturer.

The scope of work includes producing Axle Box Housing (Finish Machined), Cast Steel Bearing Plates, Cast Steel Slide Chairs, and Cast Steel Insulated Tie Plates, all as per applicable RDSO drawings and specifications. The domestic order is set for immediate delivery, with phased deliveries scheduled from October 01, 2026, through September 30, 2027.

Strengthening the Railway Ecosystem​

The new business mandate further solidifies Neetu Yoshi Limited’s strong relationship with Indian Railways and its wider manufacturing ecosystem. The ability of the company to secure orders for these precision-engineered components—including Axle Box Housing, Cast Steel Bearing Plates, Cast Steel Slide Chairs, and Cast Steel Insulated Tie Plates—demonstrates its established expertise in RDSO-certified manufacturing and its capability to meet the stringent quality standards required by Indian Railways.

The phased delivery timeline spanning October 2026 to September 2027 offers significant near-term revenue visibility for Neetu Yoshi Limited, complementing the company’s existing order pipeline.

Commenting on the contract win, Mr. Himanshu Lohia, Managing Director cum Chief Financial Officer of Neetu Yoshi Limited, stated that the orders from Integral Coach Factory and Indian Railways are a strong validation of the trust placed in the company's manufacturing capabilities. He added that the scope aligns perfectly with their core competencies as an RDSO-certified manufacturer.

"These orders, amounting to ₹ 17.12 Cr and scheduled through September 2027, provide us with robust revenue visibility and strengthen our position as a preferred supplier within the Indian Railways ecosystem," Mr. Lohia said. "We remain committed to executing these orders within the stipulated timelines while maintaining our highest standards of precision and quality."

Company Overview and Financial Performance​

Neetu Yoshi Limited (NYL) is a metallurgical engineering firm specializing in customized ferrous products, including mild steel, spherical graphite iron, cast iron, and manganese steel, handling products ranging from 0.2 kg to 500 kg. The company operates as an RDSO-certified vendor for over 25 casting products utilized by Indian Railways.

NYL holds multiple certifications, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, underscoring its commitment to quality and safety management.

For the financial year (FY)26, the company reported the following consolidated figures:

Financial MetricValue
Total Income₹ 101.59 Cr
EBITDA₹ 33.87 Cr
Net Profit₹ 25.01 Cr

Stock Price Movement​

Neetu Yoshi Ltd shares settled at ₹166.00 in today's trading, losing 3.85%. The stock moved between its intraday low of ₹164.50 and a high of ₹174.90.
 

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