E to E Transportation Infrastructure (NSE SME)

IPO Details

Key Performance Indicators (KPI)

Company Financial (In ₹Crore) AS PER DRHP

Peer Comparison

About Company

Incorporation Year: 2010

Business Focus: System integration and engineering solutions for railways

Incorporated in 2010, E To E Transportation Infrastructure Limited is an ISO 9001:2015-certified enterprise providing system integration and engineering solutions for the railway sector. The company’s offerings span Signaling and Telecommunications (S&T), Overhead Electrification (OHE), Track Projects, System Integration, Private Sidings, and Engineering Design and Research Centre (EDRC) services.

E To E delivers end-to-end rail engineering solutions across mainline networks, urban transit systems, and private siding projects, covering design, procurement, installation, and testing. Its expertise includes signaling and telecommunication systems, track electrification, and turnkey railway infrastructure involving both civil and track components.

Key Projects

• CBTC signaling: Hyderabad Metro, Nagpur Metro
• S&T modernization: Vizag Steel Plant, NUPPL Power Plant
• Electronic interlocking upgrade: Hosur–Salem
• Siding expansion: Gujarat Pipavav Port (DFCC connectivity)
• Platform screen doors: Mumbai Metro Line 3, Chennai Metro Phase 1

Order Book

• 49 active contracts worth ₹43,964.38 lakh (as of June 30, 2025)

Strength

Strong Project Execution Capabilities: The company acts as a system integrator for railway infrastructure, handling design, BOQ, procurement, and project management. With experience completing 17+ contracts across signalling, telecom, OHE, and private siding, it has built expertise in advanced railway technologies, including Platform Screen Doors (PSDs).

Experienced Leadership & Skilled Workforce: The Board and Key Managerial Personnel bring 12–40 years of experience across railways, infrastructure, legal, taxation, and capital markets. Senior leadership has an average tenure of 8+ years, enabling strong execution, technical expertise, and sustained project delivery.

Diverse Project Portfolio with Asset-Light Model: The company has executed multiple categories of railway projects—from signalling and telecom to electrification and turnkey engineering. Its asset-light approach relies on subcontractors and RDSO-approved vendors for equipment, allowing flexibility, reduced capital needs, and efficient resource allocation.

Weakness

Delays in Project Execution: Railway projects involve complex engineering, multiple stakeholders, and strict timelines. Any delay in design, integration, or coordination may lead to penalties, reputational loss, or even contract termination.

Dependence on Winning New Contracts: The company relies heavily on securing new projects through competitive bidding with government and PSU clients. Tender delays, cancellations, stricter qualification norms, policy changes, or stronger competition may reduce project wins, impacting the order book and revenue visibility.

Shortage of Skilled Technical Workforce: The company depends on highly skilled engineers and technicians trained in railway signalling and system integration. A limited talent pool and rising industry demand may affect the ability to attract or retain personnel, leading to execution delays and restricted future growth.