| Freight Car Division | Manufacture and supply of customized rail freight wagons for diverse cargo sectors | Strong domestic manufacturing base, export capabilities, strategic acquisitions, and technology collaborations | B2B - Indian Railways, private logistics companies, African and international clients | Specialized wagons with IoT features and smart diagnostics | 4275 | 84 | Direct sales of wagons to Indian Railways, private clients, and export markets | Contractual orders with milestone payments; some recurring maintenance contracts | Increasing freight traffic, government infrastructure investments, export market expansion | ACT3 wagons, BCBFG wagons, BRNAHS and BOBRN wagons |
| Infra Rail & Green Energy | EPC contracts for railway track laying, signaling, telecommunication, and hydro-mechanical projects | Established EPC experience, diversified project portfolio, government relations | B2B - Indian Railways, hydropower sectors, metro authorities | Green energy projects and turnkey rail infrastructure | 431 | 8 | Project-based revenues from government and corporate contracts | Fixed price and milestone-based contracts | Dedicated Freight Corridors and metro infrastructure investments | Rail infrastructure projects including track laying and hydroelectric equipment |
| Infra Electrical | Design and execution of electrification, transmission, and ballastless track systems for railways and metros | Technical expertise in rail electrical systems with scalable execution capability | B2B - Indian Railways, metro corporations, state transmission utilities | Electrification and ballastless track technologies | 366 | 7 | Contract revenues from electrification and metro rail projects | Project contract billing | 100% railway electrification push and metro expansions | Rail electrification systems, ballastless track projects |