Announcement

Texmaco Rail & Engineering Ltd secured two separate domestic orders with a combined value of approximately ₹264.93 crore (rounded to ₹265 crore). The first is a Letter of Intent from JSW (South) Rail Logistics Pvt. Ltd. for the manufacture and supply of BFNSM1 high‑capacity flat wagons and BVCM wagons, valued at ₹253.28 crore, with an execution timeline of 13.5 months from the effective date. The second is a turnkey contract from Odisha Power Transmission Corporation Limited (OPTCL) covering two packages for engineering, supply, installation, testing and commissioning of a 2nd Circuit SC line on a DC tower, valued at ₹11.65 crore (including taxes) and to be completed within 12 months from the date of the Letters of Award. Both orders involve no related‑party involvement from Texmaco’s promoter or promoter group.

Stock Reaction

Following the announcement, Texmaco’s shares rose 5 percent, trading at Rs 115. The company’s market capitalisation stands at Rs 4,636 crore and the stock trades at a price‑to‑earnings multiple of roughly 24x.

Financial Snapshot FY26

On a consolidated basis for FY26, Texmaco reported revenue from operations of Rs 4,377 crore, down from Rs 5,107 crore in FY25. Operating profit was Rs 390 crore, delivering an operating margin of 9 percent. Net profit declined to Rs 194 crore from Rs 249 crore in FY25, with earnings per share of Rs 4.80. Interest expense amounted to Rs 123 crore and depreciation to Rs 47 crore, resulting in profit before tax of Rs 277 crore, taxed at a 30 percent rate. On a quarterly basis, Q4 FY26 revenue was Rs 1,167 crore and net profit Rs 72 crore, indicating a meaningful sequential recovery.

Business Overview

Texmaco Rail & Engineering Ltd, a Kolkata‑based engineering and infrastructure company and part of the Adventz Group, operates across freight car manufacturing, rail EPC, steel foundry, and infrastructure and electrical works. Its customer base includes Indian Railways, metro projects, state utilities and large private‑sector industrial conglomerates.

Outlook

The combined ₹265 crore order intake adds fresh visibility to Texmaco’s Freight Cars and Infrastructure & Electrical segments, broadening its near‑term revenue pipeline at a time when the company is working to regain execution momentum after FY26 revenue pressure.