Synopsis:
Quadrant Future Tek Ltd secured a Rs. 128.91 crore domestic work order from RailTel for supplying, installing, and commissioning Kavach, an indigenous train collision avoidance system.
A Small cap company that manufactures specialty cables and develops train control & signalling systems is in the spotlight after receiving domestic work orders from RailTel Corporation of India Ltd.
With the market capitalization of Rs. 1,907.60 crore, the shares of Quadrant Future Tek Ltd trading at Rs. 475.05, up by 2.08 percent from its previous day’s close price of Rs. 465.35 per equity share, and it has reached an intraday high of Rs. 484.40.
What’s the News?
RailTel Corporation of India Ltd awarded Quadrant Future Tek Ltd a domestic work order worth Rs. 128.91 crore (including taxes) for the supply, installation, and commissioning of Kavach (an indigenous Train Collision Avoidance System) on 607 RKM of low-density railway tracks in the East Central Railway. The project is set to be completed within 24 months.
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About the Company & Others
Quadrant Future Tek Limited, formerly Quadrant Cables Private Limited, is a company focused on technology and innovation that has ISO/IRIS/TS quality certification. It is headquartered in Mohali and has engineering centers in Bangalore and Hyderabad. Its focus is to foster intrapreneurship through an ownership culture.
The company has advanced manufacturing facilities, such as a 2.5 MeV electron beam irradiation unit, silicone and polymer vulcanization, a specialized polymer formulation, automated electronics manufacturing and testing lines, safety-critical system development, and dedicated fabrication areas. Its in-house labs are equipped to conduct tests in accordance with global standards (BIS, IEC, DIN, UIC, BS, UL, CE, and CENELEC), ensuring rigorous product quality before delivery.
The company reported Q1FY26 revenue of Rs. 29 crore, up 11.5 percent YoY from Rs. 26 crore but down 50 percent QoQ from Rs. 58 crore, while posting a loss of Rs. 14 crore versus a profit of Rs. 2 crore in Q1FY25 and a loss of Rs. 9 crore in Q4FY25, indicating revenue growth on an annual basis but a sharp sequential decline along with a worsening bottom line both QoQ and YoY.
Written by Akshay Sanghavi
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