Synopsis:
Shares of the railway engineering stock surged after the company secured a Rs. 2.8 crore order from CRRC Nanjing Puzhen, China, for supplying cable ducts for the Bangalore Metro Yellow Line project.
The railway engineering stock opened at Rs. 84.95 and quickly hit an intraday high of Rs. 93, marking an 11.9 percent surge over the previous close of Rs. 83.10. Investor sentiment improved as the company announced a fresh metro order, further boosting visibility on execution and order inflows.
Presstonic Engineering Ltd, with a market capitalisation of Rs. 69.14 crore, saw its stock climb to the day’s high of Rs. 93 after opening at Rs. 84.95 against the previous close of Rs. 83.10. The sharp rise of 11.9 percent reflected optimism on both order inflows and improving profitability trends.
What’s the News?
Presstonic Engineering Ltd has secured a significant order worth Rs. 2.8 crore from CRRC Nanjing Puzhen Co. Ltd, China, for the Bangalore Metro Yellow Line 4RS–DM Project. The order, received on August 23, 2025, is for the supply of cable duct products in line with the technical requirements and purchase order terms.
The scope of the order includes cable ducts for 27 trainsets, with each trainset comprising six coaches. Deliveries will begin in August 2025, with the project scheduled for full completion by August 15, 2026. The company emphasised that the repeat trust placed by CRRC Nanjing highlights its strong track record in quality and timely execution for metro infrastructure projects.
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Financial Snapshot
On a half-yearly sequential basis, from September 2024 to March 2025, sales jumped from Rs. 3.08 crore to Rs. 17.96 crore, reflecting a 482.5 percent growth. Operating profit swung from a loss of Rs. 2.66 crore to a profit of Rs. 7.29 crore, marking a turnaround. Profit before tax rose from a loss of Rs. 4.36 crore to a profit of Rs. 5.25 crore, while net profit improved from a loss of Rs. 4.43 crore to a profit of Rs. 5.29 crore, demonstrating a complete reversal in performance.
On a year-on-year basis, from March 2024 to March 2025, sales grew from Rs. 11.94 crore to Rs. 17.96 crore, an increase of 50.4 percent. Operating profit rose sharply from Rs. 2.45 crore to Rs. 7.29 crore, registering a 197.6 percent jump. Profit before tax surged from Rs. 0.83 crore to Rs. 5.25 crore, a growth of 532.5 percent, while net profit climbed from Rs. 1.13 crore to Rs. 5.29 crore, marking a 368.1 percent increase.
About the Company
Established in 1996 as a partnership firm and headquartered in Bengaluru, Karnataka, Presstonic Engineering Ltd manufactures metro rail rolling stock products, signalling components, and infrastructure solutions, including seats, handrails, and handles. The company has built a strong reputation for supplying critical components to metro projects across India, supported by its specialised engineering capabilities.
Written by -Manan Gangwar
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