Texmaco Rail Q1 FY27 PAT Surges 86% YoY

Revenue & Profitability:

Revenue from Operations: ₹753 Crores (declined 17.3% YoY from ₹910 Cr in Q1 FY26)
EBITDA: ₹81 Crores with margin of 10.8% (includes Other Income, excludes exceptional expenses)
EBITDA margin improved 161 bps YoY from 9.2% in Q1 FY26
Profit Before Tax: ₹44 Crores, up 4.8% YoY with margin of 5.9% (123 bps expansion)
Profit After Tax: ₹52 Crores, up 85.9% YoY from ₹28 Cr
PAT margin: 6.9%, improved 381 bps YoY from 3.1%
Basic EPS: ₹1.27 per share, improved by ₹0.57 per share (81.4% increase)
Diluted EPS: ₹1.27 per share, up 86.8% YoY

Cost Structure:

Cost of Material Consumed: ₹553 Crores (27.2% decrease YoY)
Changes in Inventories: ₹13 Crores (vs. negative ₹19 Cr YoY)
Power and Fuel: ₹28 Crores (21.7% increase YoY)
Employee Benefits: ₹44 Crores (0.8% increase YoY)
Other Expenses: ₹58 Crores (88.5% increase YoY)
Finance Costs: ₹25 Crores (18.2% decrease YoY, savings of ₹5.56 Crores)
Depreciation: ₹12 Crores (12.1% increase YoY)

Wagon Sales: 1,054 units delivered during the quarter
Order Book: ₹9,923 Crores as of June 30, 2026
New Orders Secured: Over ₹5,200 Crores across Freight Rolling Stock, Railway Signalling, Electrification and Transmission Infrastructure

Indrajit Mookerjee, Executive Director and Vice Chairman:

Highlighted EBITDA margin expansion reflecting focus on cost optimization and margin improvement
Noted improved profitability in Infra – Rail & Green and Infra – Electrical businesses
Mentioned Indian Railways transported over 419 million tonnes of freight generating Revenue of over ₹47,700 Cr in Q1 FY27
Stated long-term outlook for railway sector remains favourable with expected continued investments in rolling stock and rail infrastructure

Sudipta Mukherjee, Managing Director:

Emphasized progress on long-term growth strategy with significant business wins and strategic partnerships
Highlighted 18.2% YoY decline in finance costs and 17.0% QoQ decline
Noted order book provides multi-year execution visibility across Freight Cars, Rail Infrastructure, Electrical and other businesses
Mentioned strengthened partnership with Trinity Rail Global Inc. through Touax Texmaco Railcar Leasing platform
Outlined Vision 2030 roadmap focusing on core railway businesses while expanding into leasing, maintenance, digital engineering and international rail solutions

Manufacturing Capabilities:

One of largest freight car suppliers in India (manufactures one out of every four wagons on IR network)
Manufacturing record: 50,000+ freight cars supplied over 20 years, including 7,000+ to private customers
Portfolio: 20+ freight car variants with manufacturing capacity of 2,500–3,000 wagons per quarter
Leading exporter of railway castings from India with 550+ freight cars exported to international markets over 3 years

Manufacturing Facilities:

Total area: ~309 acres across multiple locations
4 freight car and components sites: Agarpara, Belgharia, Panihati, Sodepur (West Bengal) and Vadodara (Gujarat)
2 foundry facilities: 33,000 MTPA Belgharia (West Bengal) and 15,000 MTPA Raipur (Chhattisgarh)
AAR accredited foundry

Strategic Partnerships:

Touax Texmaco (50%): leases freight cars on long-term basis to private sector logistics companies
Nymwag Texmaco (51%): manufactures freight wagons and railway components
Wabtec Texmaco (40%): manufactures braking systems and components for Indian and US markets
Saira Asia (51%): manufactures passenger coach railway interiors in Vadodara

Growth Strategy:

Strengthening Core: Expand market reach, strengthen integration & lifecycle control, drive efficiency & scale
Synergistic Diversification: Passenger mobility segment & key components, Kavach signalling & safety systems
Strategic Diversification: Renewable energy sector entry, Defence manufacturing entry with global technology providers

Environmental:

Water Management: Rainwater harvesting system, pre-filtration tank, additional charge wells
Energy Efficiency: Leakage control, layout optimization, LED lighting replacement, 10 MWDC solar plant in Raipur
Sustainable Infrastructure: Green Rated JV Facility at Nymwag, Green Foundry at Paradeep, solar power plant at Raipur Foundry
Waste Management: Collaboration with Hulladek Waste Management, sand reuse, foundry scrap reuse

Social:

Employee welfare: Comprehensive health insurance, accident insurance, wellness programs, yoga centers, sports facilities
Social responsibility: School maintenance, free cancer treatment for children, water conservation initiatives
CSR spending: ₹44.37 Lakhs on various activities

Certifications: ISO 9001:2015 (Quality), ISO 14001:2015 (Environmental), ISO 45001:2018 (Occupational Health & Safety)

World Environment Day: Sapling plantation drive (5th June 2026)
Business Impact Leadership Programme launched (7th April 2026)
Excellence in Logistics Award (June 2026)
National Export Excellence Award 2024–25: Star Performer in Large Industrial Category
Team get-together at Urla Works, Raipur (4th April 2026)
CSR: Financial aid distribution to underprivileged families in Kolkata (31st March 2026)