Presstonic Engineering Skyrockets 20% After Securing ₹2.63 Cr Order For Surat Metro Project
The company is engaged in the manufacturing and supply of specialised engineering components, with a focus on the railway and transportation sector. The company supplies components to leading original equipment manufacturers (OEMs) and operates across the global rail segment.
The shares of Presstonic Engineering are currently trading at Rs. 35.90, up by 19.87%. The company has a market capitalization of Rs. 54.72 crore. The stock’s 52 week high is Rs. 72.88 and its 52 week low is Rs. 24.00 .
What’s the News?
Presstonic Engineering Limited has received an order from Titagarh Rail Systems Limited in connection with the Surat Metro Project under Gujarat Metro Rail Corporation (GMRC). The order confirmation was received on September 20, 2026.
Under the contract, Presstonic Engineering will undertake the design, manufacture, supply, installation, testing and commissioning of Cable Duct Assemblies. The scope includes both DMC Cable Duct Assemblies and TC Cable Duct Assemblies.
The tentative order covers 14 trainsets, with each trainset consisting of three coaches. This translates into a total scope covering 42 coaches.
The total value of the contract stands at Rs. 2.63 crore, or Rs. 2,63,40,256.56. Deliveries are scheduled at a pace of four trainsets per month, while the first two trainsets are expected to be delivered within 45 days from the date of confirmation.
The company stated that the order will contribute to its order book and complement its existing operations of manufacturing and supplying specialised components to leading OEMs in the global rail segment.
Strategic Significance
The latest order provides Presstonic Engineering with an opportunity to participate in the growing metro rail infrastructure segment through its specialised component manufacturing capabilities.
The project also provides near-term execution visibility, given the scheduled delivery of four trainsets every month. The first two trainsets are expected within 45 days, making timely execution important for converting the order into revenue.
The order also aligns with the company’s existing business of supplying specialised components to OEMs in the global rail segment, allowing it to build further experience in metro and railway applications.
Financial Performance
Looking at the latest reported financial performance of Presstonic Engineering Limited, the company’s revenue from operations stood at Rs. 20.17 crore in H1 FY26, compared with Rs. 3.08 crore in H1 FY25, registering a growth of around 554.37% YoY.
In H1 FY26, the company’s profit for the period stood at Rs. 0.33 crore, compared with a loss of Rs. 4.43 crore in H1 FY25, indicating a significant improvement in profitability. The basic and diluted EPS stood at Rs. 0.43 in H1 FY26, compared with a loss per share of Rs. 5.74 in H1 FY25.
Investor Perspective
The Rs. 2.63 crore order adds to Presstonic Engineering’s order book and provides visibility for near-term execution through the Surat Metro Project. The involvement of Titagarh Rail Systems and the connection with GMRC also adds another metro-rail application to the company’s project portfolio.
Investors should track the company’s order inflows, execution of the 14-trainset scope and its ability to secure further orders from rail and metro OEMs. The actual financial impact of the latest contract will depend on the pace of execution and delivery.
Company Overview
Presstonic Engineering Limited is engaged in the manufacturing and supply of specialised engineering components, with a focus on the railway and transportation sector. The company supplies components to leading original equipment manufacturers (OEMs) and operates across the global rail segment.
Its business includes the manufacturing of specialised parts and assemblies used in rail applications. The latest order further strengthens the company’s involvement in metro and rail infrastructure projects.