Synopsis: Cosmic CRF Limited secured multiple orders worth ₹34.64 crore from infrastructure companies and Indian Railways, involving steel products and wagon components, indicating strong demand, business growth, and improved revenue visibility.

This Ashish Kacholia’s stock, engaged in cutting-edge research and development of cosmic radiation shielding technologies for space exploration and satellite protection, hit a 10 percent upper circuit after receiving multiple orders worth Rs. 34.64 crore from Railways and Infrastructure Firms.

With a market capitalization of Rs. 567.98 crores, the shares of Cosmic CRF Limited hit a 10 percent upper circuit of Rs. 618.20 per share on Wednesday, up from its previous closing price of Rs. 562 per share. 

Reason Behind the Surge

Cosmic CRF Limited has received multiple new orders from infrastructure companies and Indian Railways, with a total value of about Rs. 34.64 crore. These orders include the supply of fabricated steel products and railway wagon components.

Most of the orders are domestic and will be completed within a period of two to six months. The products include items like MS plates, coils, doors, and wagon parts required for railway operations and infrastructure use. 

The orders come from different railway zones such as Southern, Eastern, South Eastern, and East Coast Railways, showing strong demand from government sectors. Overall, these new orders indicate steady business growth and improved order visibility. It reflects trust from large clients and may support future revenue, though execution within timelines will remain important for performance.  The following table shows the multiple orders received by the company on March 31, 2026.


Particulars Order Value(₹ in Crore)
Order from the Infrastructure Industry ₹15.22
Order from the Infrastructure Industry ₹6.96
Order from Indian Railways – Southern Railway ₹2.71
Order from Indian Railways – South Eastern Railway ₹2.65
Order from Indian Railways – East Coast Railway ₹1.89
Order from Indian Railways – Eastern Railway ₹1.77
Order from Indian Railways – South Eastern Railway ₹1.22
Order from Indian Railways – Eastern Railway ₹1.11
Order from Indian Railways – Southern Railway ₹1.11
Total Value ₹34.64 crore

Manufacturing Facilities

Cosmic CRF Limited has strong manufacturing facilities in West Bengal, with units at Singur, Howrah, and Jalangi. The Singur unit has a capacity of 55,000 MTPA, Howrah has 80,000 MTPA, and Jalangi has 10,400 MTPA. Together, they add up to a total installed capacity of 1,45,400 MTPA, supporting efficient production and consistent supply.

Clients Base

Cosmic CRF Limited serves major clients, including the Indian Railways, in the government sector. Its private sector customers include HEIL, Texmaco, Besco Limited, Jupiter Wagons, Titagarh, and Jindal Rail Infrastructure Rolling Innovations, reflecting a strong and diverse industrial customer base across sectors.

Company Overview

Cosmic CRF Limited is an Indian manufacturer of cold-rolled formed steel products, sheet piles, and railway components headquartered in Kolkata, West Bengal. Incorporated in 2021, the company serves key sectors such as railways, infrastructure, defense, and construction. It has emerged as a fast-growing player in India’s heavy engineering and steel fabrication industry.

Shareholding Pattern

In September 2025, Cosmic CRF Limited had a majority stake held by the promoters at 54.75 percent, foreign institutional investors at 0.20 percent, domestic institutional investors at 10.41 percent, and the public at 34.63 percent. Ace investor Ashish Kacholia holds a 3.37 percent stake in Cosmic CRF Limited, valued at Rs. 52.2 crores, consisting of 8,44,200 shares. 

Recent Quarter Results

Coming into financial highlights, Cosmic CRF Limited’s revenue has increased from Rs. 169 crore in H1 FY25 to Rs. 304 crore in H1 FY26, which has grown by 79.88 percent. The net profit has also grown by 33.33 percent from Rs. 18 crore in H1 FY25 to Rs. 24 crore in H1 FY26.

In terms of return ratios, the company’s ROCE and ROE stand at 10.27 percent and 6.06 percent, respectively. Cosmic CRF Limited has an earnings per share (EPS) of Rs. 39.1, and its debt-to-equity ratio is 0.27x.

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