HBL Engineering Wins ₹23.99 Crore KAVACH Contract from Integral Coach Factory
HBL Engineering Limited (NSE: HBLENGINE) has secured a new domestic order worth ₹23.99 crore (₹239.97 million), excluding GST, for the supply, installation, testing, and commissioning of On-board KAVACH Equipment Version 4.0. The contract further strengthens the company’s position as a leading technology partner in India’s railway modernization and safety initiatives.
The order has been awarded by the Integral Coach Factory (ICF), Chennai, one of Indian Railways’ premier coach manufacturing units. Under the contract, HBL Engineering will provide complete on-board KAVACH systems, including installation, testing, and commissioning, with the project scheduled for completion by March 31, 2028.
Supporting India’s Railway Safety Mission
KAVACH is India’s indigenous Automatic Train Protection (ATP) system, developed to improve rail safety by preventing collisions, signal passing at danger (SPAD), and overspeeding. The technology forms a key part of the Government of India’s efforts to modernize the railway network while enhancing passenger safety through advanced automation.
The latest order reinforces HBL Engineering’s growing presence in the railway signalling and safety segment, where demand is expected to rise significantly as Indian Railways accelerates the nationwide rollout of KAVACH technology.
Contract Highlights
- Order Value: ₹239.97 million (approximately ₹23.99 crore), excluding 18% GST
- Customer: Integral Coach Factory (ICF), Chennai
- Project Scope: Supply, Installation, Testing, and Commissioning of On-board KAVACH Equipment Version 4.0
- Project Completion: On or before March 31, 2028
- Order Type: Domestic
Long-Term Growth Opportunity
The multi-year contract provides HBL Engineering with healthy revenue visibility over the next few years while showcasing its expertise in delivering advanced railway safety solutions. The company’s continued success in securing KAVACH-related orders reflects its strong technical capabilities and execution track record in mission-critical railway projects.
With the Government of India investing heavily in railway infrastructure, signalling systems, and indigenous technologies under the Make in India initiative, KAVACH deployment is expected to expand across the country’s rail network. This creates a significant long-term opportunity for companies like HBL Engineering that specialize in railway safety and automation solutions.