Defrail Technologies Ltd.

Defrail Technologies Ltd.

BBSE:DEFRAIL
75.00
INR
-4.80
(-6.02%)
576.00MMarket Cap
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1.02
88.56
145.38
- -
Basic EPS, GAAP
0.15
3.95
7.26
- -
Free Cash Flow per Basic Share
-0.49
-7.46
-7.22
- -
Dividend per Share
- -
- -
- -
- -
Book Value per Share
0.22
12.06
34.16
34.16
Tangible Book Value per Share
0.22
12.06
34.16
34.16
Basic Weighted Avg Shares
7
7
6
7
Sales/Revenue/Turnover
7
622
803
- -
Operating Margin (%)
19.86
8.1
8.32
- -
Depreciation Expense
- -
8
9
- -
Net Income, GAAP
1
28
40
- -
Effective Tax Rate (%)
25.96
30.29
32.78
- -
Profit Margin (%)
14.7
4.46
5
- -
Working Capital
3
18
183
183
LT Debt
4
58
76
76
Total Equity
2
85
240
240
Return on Invested Capital (%)
- -
32.97
16.27
- -
Return on Capital (%)
- -
33.06
17.07
- -
Return on Common Equity (%)
- -
64.26
24.7
- -

Capital Structure

INR

•

in mil. unless spec.
Sep'26
Mar'26
ST Debt
53
14
LT Borrowings
65
76
LT Finance Leases
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
Shares Outstanding
7
7
Market Capitalization
- -
576

Working Capital

INR

•

in mil. unless spec.
Sep'26
Mar'26
Total Current Assets
234
382
Cash, Cash Equivalents & STI
9
43
Accounts Receivable, Net
97
131
Inventories
119
186
Total Current Liabilities
195
200
Payables & Accruals
- -
- -
ST Debt
53
14
Deferred Revenue
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
183.25%
Free Cash Flow
- -
- -
-23.99%
Net Income, GAAP
- -
- -
44.66%
Sales/Revenue/Turnover
- -
- -
29.01%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
7
2025
- -
- -
622
2026
- -
- -
803

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.15
2025
- -
- -
3.95
2026
- -
- -
7.26

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Vivek Aggarwal
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
Faridabad India
IPO Date
Jan 16, 2026
Business
Defrail Technologies Ltd. is an India-based technology and engineering company primarily engaged in the design, development, manufacturing, and supply of mission-critical equipment, systems, and components for the railway, defense, and heavy engineering sectors. The company operates through distinct business segments, including Railway Rolling Stock & Infrastructure, Defense Equipment & Fabrication, and Precision Engineering Solutions. The company's product and service portfolio comprises railway rolling stock assemblies, including bogie frames, couplers, draft gears, center buffer couplers, air brake systems, wheelsets, and fabricated body shells for freight wagons, passenger coaches, and electric multiple units (EMUs); track and signaling infrastructure, including elastic rail fastenings, turnout systems, signaling relays, point machines, axle counters, and overhead electrification (OHE) mast structures; passenger coach interior systems, modular lavatories, paneling, and vestibules; defense and aerospace components, encompassing armored vehicle structural assemblies, missile launch system fabrication, artillery hardware, radar antenna pedestals, naval shipboard structures, and ruggedized electronic shelters; and precision heavy machined components, custom forgings, and high-tolerance sheet metal fabrications. In addition, Defrail Technologies offers comprehensive lifecycle services, including turnkey engineering, procurement, and construction (EPC) for railway electrification and track laying; fleet modernization and retrofit solutions; and maintenance, repair, and overhaul (MRO) services for rolling stock and defense ground equipment. Defrail Technologies caters to public and private sector clients, including national railway authorities, metro transit corporations, defense procurement organizations, rolling stock manufacturers, and heavy industrial original equipment manufacturers (OEMs). The company maintains its primary operations in India with manufacturing, fabrication, and testing facilities located across key industrial clusters, serving both domestic and export markets across South Asia, the Middle East, and Africa. Founded in India and headquartered in Mumbai, Maharashtra, the company is publicly traded on the BSE under the ticker DEFRAIL. In recent developments, the company executed a strategic corporate rebranding and structural reorganization to sharpen its operational focus on advanced defense indigenization and high-speed rail mobility modernization. Defrail Technologies recently expanded its manufacturing footprint with the commissioning of a new automated fabrication and multi-axis CNC machining facility dedicated to defense-grade assemblies. To accelerate its technological capabilities, the company entered into strategic alliances and technology transfer agreements with international engineering partners to co-develop advanced bogie systems and indigenized braking solutions for next-generation metro and semi-high-speed passenger trains. Additionally, the company completed a capital raise to fund capacity expansions, secured new supply contracts with defense and railway infrastructure agencies, and introduced a proprietary line of safety-critical electronic signaling devices and lightweight coach components.