Quadrant Future Tek

Quadrant Future Tek Limited is an electrical equipment company that recently concluded an Initial Public Offer to raise funds for its operations and expansion. The company is awaiting product certification for its Train Control Division, after which it will be able to start invoicing for the equipment. A key use of funds is for the Speciality Cable division, which involves procuring materials like Copper, Tin, Compounds, and Chemicals. It is also actively executing the KAVACH project, for which it has incurred working capital expenses of ₹24.94 crore in the first quarter of FY26. As part of its strategy, funds for the Electronic Interlocking System project are kept parked as per regulations until product certification is received. The company's working capital funds earmarked for the Specialty Cable Division are planned to be fully utilized in the financial year 2026.;