Quadrant Future Tek Limited, incorporated in September 2015, develops next-generation Train Control and Signaling Systems for the Indian Railways’ KAVACH project, enhancing safety and reliability for passengers. The company also has a speciality cable manufacturing facility with an Electron Beam Irradiation Centre. The company has a facility in Village Basma, Tehsil Banur, Distt Mohali, for manufacturing, testing, and developing speciality cables and hardware for the Train Control & Signalling Division. The company is technology-driven, with products that meet ISO, IRIS, and TS standards and follow strict Quality Management Systems for speciality cables.

The company manufactures, tests, and develops speciality cables at its Village Basma, Tehsil Banur facility, District Mohali, Punjab.

For the year/period ended (Rs. in Cr.)

For year/ period ended ( in Cr.)

• Innovation and technological development undertaken by the Company for building Automatic Train Protection Systems
• Entered into an exclusive Memorandum of Understanding with RailTel for delivering the specific targeted opportunities related to KAVACH in Indian Railways and other Countries Railways
• It has in-house design and product development capabilities powering its Rail Signalling Products & Solutions.
• Unique technology for the manufacture of cables that meets the stringent requirements for multiple industries, namely Railways, Naval Defence, Renewable Energy & Electric Vehicle sectors
• Advanced manufacturing facilities with a diverse range of power and control cables with focus on innovation and cost competitiveness
• Global emergence of market for Speciality cables in renewable energy and electric vehicles and supply of such Speciality cables to OEMs with high global market penetration
• Experienced Promoters and senior management team

1. Funding long-term working capital requirements of the Company;
2. Capital expenditure for the development of Electronic Interlocking System;
3. Prepayment or repayment of all or a portion of outstanding working capital term loan availed by the Company; and
4. General corporate purposes.

The company is engaged in developing research based new generation train control and signaling systems under “Kavach”. Based on FY24 earnings, the issue appears aggressively priced. Hence, investor may subscribe for medium to long term.