The Vande Bharat Express, the country’s first indigenous semi-high-speed train, is a significant step forward in Indian railway history. It was launched on February 15, 2019, and links locations within an 800-kilometer radius, drastically cutting travel time when compared to traditional services. The train is part of the “Make in India” campaign, which promotes India’s strengths in contemporary rail technology.
The Vande Bharat Express, with its enhanced amenities, provides a comfortable and efficient travel experience. With speeds of up to 160 km/h, it has air-conditioned coaches, bio-vacuum toilets, and onboard cuisine. The program seeks to increase the fleet to 4,500 trains by 2047, improving connectivity across the country.
Here are the listed companies that supply equipment for Vande Bharat:-
Bharat Heavy Electricals Limited is an engineering and manufacturing company. It is an integrated power plant equipment manufacturer. Its segments include Power and Industry. Power segment comprises thermal, gas, hydro, and nuclear power plant businesses.
With a market capitalization of Rs 93,946.07 crore, the shares closed at Rs 269.80 per share, decreased around 0.53 percent as compared to the previous closing price.
Bharat Heavy Electricals Limited (BHEL) is supplying important components for the Vande Bharat trains, including as IGBT-based traction converters, auxiliary converters, train control management systems, motors, transformers, and mechanical bogies. This deal includes 80 sleeper-class trains valued at nearly ₹9,600 crore.
As of June 2024, Bharat Heavy Electricals Limited (BHEL) reported a robust order book of ₹1,35,000 crore. This demonstrates BHEL’s strong standing in the heavy electrical equipment sector, with ongoing projects reinforcing its market position and contributing to long-term growth and stability.
The company’s revenue stood at Rs 5,485 crore in Q1FY25, during the same time frame, net profit stood at Rs (211) crore.
Titagarh Rail Systems Limited is a provider of passenger rolling stock, which includes metro coaches. The company’s product line includes electric propulsion equipment such traction motors and vehicle control systems. It also creates and produces wagons such container flats, grain hoppers, cement wagons, clinker wagons, and tank wagons.
With a market capitalization of Rs 14,717.82 crore, the shares closed at Rs 1,192.00 per share, increased around 0.96 percent as compared to the previous closing price.
Titagarh Rail Systems Ltd supplies critical components for the Vande Bharat trains, including mechanical coach building, traction motors, and train control management systems. The company is part of a consortium responsible for manufacturing and maintaining 80 sleeper trainsets over 35 years, valued at approximately ₹24,000 crores
The company has an order book of almost ₹28,000 crore in July 2024. This statistic contains a wide mix of orders, with around 50% coming from joint venture projects and the remaining divided between passenger and freight services.
Furthermore, as of June 2024, the business has orders for around 20,300 wagons and 1,592 Metro and Vande Bharat coaches, demonstrating a strong position in both the freight and passenger segments34. The firm would also continue to profit from government measures targeted at strengthening railway infrastructure in India, which might significantly increase its order inflow in the future years.
Rail Vikas Nigam Limited (RVNL) is an Indian business that develops railway infrastructure. The company works on a variety of rail infrastructure projects, including gauge conversion, new lines, railway electrification, bridges, workshops, and production units.
With a market capitalization of Rs 99,101.01 crore, the shares closed at Rs 475.30 per share, decreased around 1.06 percent as compared to the previous closing price.
Rail Vikas Nigam Ltd (RVNL) is supplying 120 Vande Bharat electric passenger sleeper train units in a cooperative venture with Russian businesses. This comprises 35 years of manufacturing, maintenance services, and an emphasis on innovative technology and design to improve passenger comfort and transit speed.
As of March 31, 2024, Rail Vikas Nigam Limited (RVNL) has a remarkable order book of over Rs 85,000 crores, with a concentration on railway, metro, and international projects. This large order book, which is almost four times the trailing twelve-month sales, guarantees great future revenue visibility.
RVNL’s order book includes around ₹9,000 crore for Vande Bharat projects, part of India’s railway modernization plan. Around ₹32,000 crore of the entire backlog is based on nominations for various railway projects.
The company’s revenue stood at Rs 4,064 crore in Q1FY25, during the same time frame, net profit stood at Rs 218 crore.
Written by:- Abhishek Singh
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