IT stock jumps after securing ₹28 Cr contract from RailTel Corporation of India
Alex Smith
2 weeks ago
Synopsis:
Sahana Systems’ stock jumped after it secured a ₹28.63 crore order from RailTel contract for AI, IoT and surveillance solutions, boosting its presence in digital infra projects.
The shares of one of the leading It services company are in focus after the company secured a significant order from RailTel. In this article, we will dive more into the highlights of this order.
With a market capitalisation of Rs 892 crore, the shares of Sahana Systems Ltd reached made a day high of Rs 1,019.95 per share, up 1.3 percent from its previous day’s closing price of Rs 1,007 per share. In the last one year, the stock has corrected over 35 percent, as compared to NIFTY 50’s positive return of 6 percent.
About the Order
Sahana System Limited, through a stock exchange filing, announced that it has received a Letter of Acceptance (LOA) from RailTel Corporation of India Ltd for a major technology deployment project worth Rs 28.63 crore.
The project includes setting up Smart Video Surveillance, AI/ML-based video analytics, IoT systems, predictive analysis, and an Integrated Command Control Centre (ICCC). It also involves creating a digital twin prototype using LiDAR and 360° imaging, along with deploying extensive hardware such as cameras, servers, storage systems, networking equipment, UPS units, and cabling.
This contract marks an important milestone for Sahana Systems as it strengthens its presence in national-level digital infrastructure projects. The company believes this opportunity showcases its expertise in advanced technologies like AI, ML, IoT, and system integration. Sahana System aims to support RailTel in enhancing real-time monitoring and command-control capabilities, while continuing its vision of contributing to India’s digital growth across defence, finance, healthcare, education, and enterprise sectors.
Financial and Other Highlights
Sahana Systems’ revenue for H1 FY26 came in at Rs 114 crore, up by 115 percent from Rs 53 crore in H1 FY25. However, on a sequential basis, revenue declined slightly by 1 percent from Rs 115 crore in H2 FY25.
Coming to its profitability, the company reported a staggering net profit growth of 100 percent (doubled) to Rs 28 crore in H1 FY26 as compared to Rs 14 crore in H1 FY25. Additionally, on a QoQ basis, it recorded a growth of 12 percent from Rs 25 crore.
Sahana System Limited, established in 2013, is a pioneering force in the IT services industry. Headquartered in Ahmedabad, Gujarat, it specialises in delivering innovative, cutting-edge technology solutions. Its expertise encompasses Artificial Intelligence, Machine learning, Internet of Things, Business Intelligence, Blockchain, IT outsourcing and a wide range of other specialised services.
With a diverse industry presence, we have a strong foothold in Defencetech, Fintech, Healthtech, Edutech and Master System Integration. This versatility enables the company to cater to the unique needs of various sectors, fostering long-term partnerships with our clients.
Written by Satyajeet Mukherjee
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