News

Affordable Robotic & Automation hits the roof on Rs 19 crore order win

09-Nov-2026 | 12:35
Affordable Robotic & Automation hit the 5% upper circuit at Rs 206.45 after securing an order worth approximately Rs 19 crore.
The order is for its next-generation automated guided vehicle (AGV)-based car parking technology.

The company said this is the largest single order in its AGV car parking business. It marks a milestone in the commercialisation of its robotic parking solutions under the Relipark brand. The company launched the product in September 2026.

The parking system uses battery-operated autonomous mobile robots to move and position vehicles. The technology aims to improve parking-space utilisation and reduce dependence on conventional mechanical infrastructure.

Affordable Robotic said its new parking architecture offers an alternative to conventional multi-level mechanical systems. It uses a fleet of robots to handle vehicle parking and retrieval. If one robot becomes unavailable, another can take over its task.

The company estimates that its robotic architecture could reduce post-installation maintenance costs by around 40% compared with conventional mechanical parking systems. Actual savings will depend on project design and operating conditions.

The company has launched its 2M mobile robot model. It plans to introduce the 2M Slim by the end of 2026, followed by its VaLe model by October 2027. Two additional models for outdoor parking applications are planned for 2028.

As part of its market-development strategy, the company plans to offer complimentary parking infrastructure for up to 20 qualifying projects by the end of 2027. The offer will depend on technical feasibility, site evaluation and mutually agreed commercial terms.

Relipark will showcase its solutions at Airport Parking Network London from 18 to 20 November 2026. It will also participate in ACETECH Mumbai 2026 from 19 to 22 November. The company is exploring opportunities with airport operators and parking management companies in the UK.

Established in 2005, Affordable Robotic & Automation provides industrial automation and robotics solutions. Its offerings include robotic welding lines, inspection stations, automated assembly systems, warehouse robotics and automated parking systems.

The company's board will consider Q2 results on 14 November 2026. On a consolidated basis, Affordable Robotic & Automation reported net loss of Rs 4.80 crore in Q1 June 2026 as against net loss of Rs 3.69 crore in Q1 June 2025. Net sales declined 41.24% year-on-year to Rs 11.03 crore in Q1 June 2026.

Powered by Capital Market - Live News