Archive · 6 Jan 2026
EtoE Transportation Aims for Rs 1,000 Crore Revenue in Three Years
EtoE Transportation is a company that works on making trains safer and better.
They recently had a very successful IPO, which means they sold shares of their company to the public and got a lot of money.
Their CEO, Sourajit Mukherjee, talked about their plans to make Rs 1,000 crore in the next three years.
They are working on a special system called Kavach 4.0, which helps trains avoid accidents.
They are also working on improving railway tracks and signals.
The company is involved in both government projects and private railway sidings.
They believe there is a big opportunity to modernize India's railways and make them as good as those in developed countries.
EtoE Transportation aims to achieve Rs 1,000 crore revenue in the next three years.
The company's IPO was oversubscribed with Rs 29,500 crore in bids, listing at a 90% premium.
EtoE is developing Kavach 4.0, an indigenous automatic train protection system, expected to get approvals by FY26.
The company operates in mainline railways, metro projects, and private railway sidings, with a revenue mix of 60-65% B2G and 35-40% B2B.
EtoE sees significant opportunities in modernizing India's railway infrastructure, including signaling and telecommunication systems.
- Who
- EtoE Transportation Infrastructure, CEO Sourajit Mukherjee, Jayaraj Rajapandian (Tata Elxsi)
- What
- EtoE Transportation aims to achieve Rs 1,000 crore revenue in the next three years, focusing on railway modernization and Kavach 4.0 development.
- When
- The company recently listed on the NSE Emerge platform with a 90% premium over its issue price.
- Where
- India, focusing on railway infrastructure and private railway sidings.
- Why
- To capitalize on the growing opportunity in railway modernization and safety systems, particularly with the development of Kavach 4.0.
- IPO Bids
- Rs 29,500 crore
- Listing Premium
- 90% over issue price
- Current Revenue
- Rs 250 crore
- Revenue Target
- Rs 1,000 crore in 3 years
- Kavach 4.0 Approval
- Expected in FY26
- Kavach 4.0 Deployment
- 5 years for first phase
- Private Railway Sidings
- 5,000 km in India
- Revenue Mix
- 60-65% B2G, 35-40% B2B