### **Overview** Oriental Rail Infrastructure Limited (ORIL), formerly known as Oriental Veneer Products Limited, is a leading Indian manufacturer and supplier of diversified railway infrastructure products. Incorporated in 1991 and publicly listed on BSE since 1996, ORIL has evolved over 34 years into a vertically integrated, technology-driven **"Total Rail Solutions Provider"** for Indian Railways and allied industries. The company operates through its wholly owned subsidiary, **Oriental Foundry Private Limited (OFPL)**, established in 2014, to deliver comprehensive solutions across rolling stock components and heavy engineering. With a strategic focus on **Make in India**, innovation, and modernization, ORIL has positioned itself at the forefront of India’s railway transformation, catering to high-speed rail, freight corridors, metro expansion, and smart rail infrastructure. --- ### **Core Business Segments & Products** ORIL serves both passenger and freight rail sectors with a diversified product portfolio: #### **1. Railway Coach Interior Components** - **Seat & Berth Assemblies**: ORIL holds **over 30% market share** in the organized segment and is the **only listed public company focused exclusively on railway seats and berths**. - Revenue: ₹113.91 crores (FY25, ex-GST), up from ₹88.08 crores in FY22. - **Silicon Foam Blocks**: Advanced cushioning material used in coach seating; production being scaled using R&D and new manufacturing lines. - **Densified Thermal Bonded Blocks (DTBB)**, **ACOSONIC® acoustic insulation**, **Compreg Boards**, **Rubber Flooring**, **PU Foam**, **Furniture & Parts**. #### **2. Artificial Leather (Rexine) – Brand ORVIN** - ORVIN is ORIL’s flagship artificial leather brand, manufactured under backward integration. - Utilized in: - Railway coaches - Automotive seating - Footwear, luggage, stationery, upholstery - **Annual Capacity**: Doubled from 24 lakh to **48 lakh meters** (4.8 million meters) per annum (by Q1 FY23). - **Future Focus**: Development of **eco-friendly, non-toxic, medical-grade rexine** for expanded consumer and export markets. #### **3. Heavy Engineering & Wagon Manufacturing (via OFPL)** - Manufactures: - **Railway Wagons** (capacity expanding to **3,600 units/year** from 2,400) - **Bogies**, **Couplers**, **Draft Gears**, **Bogie Springs** - **Key Orders**: - ₹1,211.89 crore order for **2,964 wagons** (secured in Sep 2023). - Ongoing capacity expansion to meet Indian Railways’ rising demand and Dedicated Freight Corridor (DFC) requirements. #### **4. Industrial Materials** - **Phenolic Resin & Hardener**, **Plywood**, **Coated Upholstery Fabric**, **Recorn** --- ### **Manufacturing & Facilities** - **Primary Plant**: 50-acre state-of-the-art facility in **Aghai, Shahpur, Maharashtra** (~100 km from Mumbai). - Equipped with in-house R&D lab (>6,000 sq. m) for product testing, innovation, and quality assurance. - **Gujarat Expansion**: - Acquired **27 acres in Lakadiya, Gujarat** for a second manufacturing hub under OFPL. - Facilities include: - **Bogie & Coupler Plant (Chopadava)**: Doubles existing capacity. - **Bogie Spring Plant (Kutch)**: 280,800 units/year. - **Wagon Manufacturing Unit**: Expanded to 3,600 wagons/year. --- ### **Strategic Collaborations & Technological Advancements** ORIL is aggressively pursuing partnerships to enhance global competitiveness and technological leadership. #### **1. International Collaborations** - **UniWagon (Russia)**: - Co-developing **high-axle-load gondola wagons** (25T axle load) under 'Make in India' for improved freight efficiency. - Collaboration with **VNCIIT (St. Petersburg)** on design for Indian Railways and private clients. - **HUM Industrial Technology, Inc. (USA)**: - Five-year partnership to deploy **Smart Wagon Monitoring Systems** on freight wagons. - System integrates **IoT, AI, and real-time diagnostics** for predictive maintenance and operations tracking. - **First private Indian firm** to receive **RDSO and Indian Railways approval** for commercial deployment. #### **2. Digital & Smart Rail Systems** - Successfully became one of the **first private companies in India** to implement **RDSO-approved smart wagon systems**. - Technology enables: - Real-time condition monitoring - Predictive maintenance - Enhanced safety and asset utilization - Positions ORIL as a leader in **digital rail infrastructure** and future-ready logistics. #### **3. Vande Bharat & High-Speed Rail** - Secured a **₹42.89 crore order** from **Rail Coach Factory, Kapurthala**, for components for the **Vande Bharat train project**. - Dedicated quality systems established for high-speed rail compliance. - Entry into India’s **semi-high-speed and bullet train ecosystem**. --- ### **Regulatory & Vendor Status** - **Preferred Part I Vendor to Indian Railways** – A select status granted to trusted, high-performing suppliers. - **RDSO-Approved** and **RITES-Certified** across all railway products. - Only listed organized player in the railway seats and berths space – offering unique investment appeal. --- ### **Corporate Milestones & Timeline** | Year | Key Development | |------|------------------| | 1991 | Company incorporated as Oriental Veneer Products Ltd | | 1996 | IPO and listing on BSE | | 2005 | Launched Recron | | 2008 | Began manufacturing Railway Seats & Berths | | 2014 | Set up Bogie & Coupler plant; incorporated OFPL | | 2015 | Achieved backward integration in Rexine; 10:1 stock split | | 2017 | Began setting up wagon manufacturing capacity | | 2018 | 10:1 stock split implemented | | 2021 | Secured INR 345.72 million in bogie/coupler orders | | 2023 | Secured ₹1,211.89 crore wagon order; expanded Gujarat plants | | 2024–2025 | Smart wagon approval, Vande Bharat order, capacity expansion, international partnerships | ---