MIC Electronics Limited, a prominent player in LED display solutions and railway electronics, has secured significant orders from Indian Railways totalling over ₹1.7 crore. This development was disclosed by the company on June 3, 2025, through a filing under Regulation 30 of the SEBI (LODR) Regulations, 2015.

The company informed that it has received a Letter of Acceptance from the Pandit Deen Dayal Upadhyaya railway Division of the East Central Railway Zone. The work involves the provision of Electronic Coach Indication Boards (CIB) for Platform No. 7 at DDU, installation of fare display boards for UTS/PRS counters, and other modern passenger amenities like a video wall.

The total value of this work order is ₹1,11,50,332.60, and it has been awarded through the tender participation route. The execution period is six months from the date of the Letter of Acceptance.

In addition to this, MIC Electronics has also secured another order worth ₹60,00,000 for the supply of Emergency Lighting Units (ELUs) to Indian Railways. These ELUs are critical for maintaining onboard safety and visibility during emergencies and power outages.

The company clarified that both orders are domestic in nature and there is no involvement of any promoter group or related party in these transactions. Therefore, these are not related party transactions, and they have been awarded based on open competitive bidding.

Details of the Orders:

• Name of awarding authority: Pandit Deen Dayal Upadhyaya railway Division, East Central Railway Zone

• Nature of order: Direct order via tenders

• Scope: Coach Indication Boards, fare display boards, video wall, and ELUs

• Domestic/International: Domestic

• Execution timeline: 6 months

• Order Value:

  • ₹1,11,50,332.60 for coach boards and displays

  • ₹60,00,000 for Emergency Lighting Units

• Date of order receipt: June 2, 2025, at 01:03 PM

This order win comes at a time when MIC Electronics has been actively pursuing opportunities in the railway infrastructure sector, leveraging its technical capabilities in LED displays, real-time passenger information systems, and safety electronics.

The management sees this as a validation of its trusted position with Indian Railways, and an indication of the company's ability to deliver cost-effective and high-reliability display solutions.

Impact on Business:

This order is expected to enhance MIC Electronics' revenue visibility for the current financial year and strengthen its order book. The management believes that its continued success in railway electronics projects will help the company recover and expand its footprint in both domestic and select international markets.

MIC Electronics, an ISO 9001:2008 and ISO 14001:2004 certified company, has a long-standing relationship with various railway zones and has delivered several display and automation projects across the country.

The company remains optimistic about growth opportunities in public sector infrastructure, particularly through Make in India and Digital India initiatives that prioritise local electronics and automation solutions for railways and urban mobility.

As of now, the company has not disclosed any further financial or operational guidance but promised to keep shareholders updated on the progress and milestones of these projects.

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