Indian Railways has taken a major step towards improving the safety of passengers by issuing a Rs. 20,000 crore request for proposal (RFP) to install closed-circuit television (CCTV) cameras in train coaches, according to sources.
The initiative aims to deploy over 7.5 million CCTV cameras across more than 40,000 train coaches, significantly enhancing monitoring and security across the entire railway network. The bid’s earnest money has been set at Rs. 8,98,610.
The tender specifies a few eligibility requirements for bidders, including a condition that companies must have an average annual turnover of at least Rs. 1,200 crores over the past three financial years.
Additionally, bidding companies should have completed one project worth Rs. 60 crore, two projects valued at Rs 40 crore each, or three projects worth Rs. 30 crore each for government IT projects or services.
Further, the bidders must have previous experience installing a minimum of 800 CCTV cameras within a project that includes an integrated command & control centre, along with associated data infrastructure.
The project requires the installation of 6 cameras per passenger coach and 8 cameras for second-class luggage rake for disabled (SLRD) coaches, with 2 cameras designated for the luggage compartment and display screens placed in the guard room.
Following are three companies that are involved in surveillance services that may stand to benefit from the tender:
1. Allied Digital Services Limited
Allied Digital Services Limited (ADSL) is engaged in designing, developing, deploying digital solutions and delivering end-to-end IT infrastructure services.
The company provides a wide range of IT and consultancy services including infrastructure services, end-user IT Support, IT asset life cycle, enterprise applications and integrated solutions.
In Q2 FY25, Chennai Metro Rail Limited (CMRL) awarded a single comprehensive contract to ADSL for the CCTV Video Surveillance System with Video Analytics covering all 14 stations of Phase 1 of the Chennai
Metro, aimed at enhancing passenger safety.
With a market capitalisation of Rs. 1,404.2 crores, the shares of a global leader in IT consulting and services moved up by around 2.6 percent on BSE to Rs. 266.5 on Tuesday.
In Q2 FY25, the company witnessed a significant growth in its revenue from operations, reaching Rs. 203 crores, a rise of around 19.4 percent YoY, accompanied by marginal net profit growth of nearly 9 percent YoY to Rs. 12 crores.
Over the last one year, the stock has delivered multibagger returns of about 100 percent, and has gained nearly 84.4 percent year-to-date.
2. Dixon Technologies (India) Limited
Incorporated in 1993, Dixon Technologies is primarily involved in the manufacturing of electronic goods such as consumer durables, home appliances, lighting products, mobile phones, refrigerators, telecom products, hearables & wearables, and security devices.
Dixon is the largest manufacturer in the Indian security surveillance space and the exclusive manufacturer for the leading CCTV brands in the country.
AIL Dixon Technologies Private Limited (ADTPL) is a joint venture company with 50% ownership by Dixon Technology and 50% by Aditya Infotech Limited. It is principally engaged in the assembling, manufacturing and sale of CCTV security cameras, DVRs, IP cameras, cables, power supplies, video door phones, biometrics and related products.
With a market capitalisation of Rs. 89,068 crores, the shares of an Electronic Manufacturing Services (EMS) company moved up by around 3.8 percent on BSE to Rs. 15,381.1 on Tuesday.
In Q2 FY25, the company witnessed a significant growth in its revenue from operations, reaching Rs. 11,534 crores, a rise of around 133.3 percent YoY, accompanied by net profit growth of nearly 264.6 percent YoY to Rs. 412 crores.
Over the last one year, the stock has delivered multibagger returns of about 173.4 percent, and has gained nearly 131 percent year-to-date.
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3. RailTel Corporation of India Limited
Incorporated in 2000, RailTel Corporation of India Limited, a public sector undertaking (PSU) under the administrative control of the Ministry of Railways, is engaged in providing nationwide Broadband Telecom &
Multimedia Network, to modernise the train control operation and safety system of Indian Railways.
As of FY24, RailTel is executing an IP camera-based Video Surveillance System across 5,102 railway stations. Under this project, all cameras installed at the stations will be connected via optical fibre cables and linked to a central CCTV control room, where security personnel will monitor the footage on multiple LCD screens.
The system will also include high-capacity storage devices at each station to store CCTV recordings for a set period, with installations completed at 444 stations.
With a market capitalisation of Rs. 11,908.4 crores, the shares of one of the largest neutral telecom infrastructure providers in India moved up by around 5.1 percent on BSE to Rs. 384.95 on Tuesday.
In Q2 FY25, the company witnessed a significant growth in its revenue from operations, reaching Rs. 843 crores, a rise of around 41 percent YoY, accompanied by marginal net profit growth of nearly 7.4 percent YoY to Rs. 73 crores.
Over the last one year, the stock has delivered positive returns of about 41.2 percent, and has gained nearly 5.2 percent year-to-date.
Written by Shivani Singh
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