TEXRAIL
Texmaco Rail & Engineering Limited
NSELast Traded Price
₹109.6
1.17 (1.08%)
Open
₹109.99
High
₹112.64
Low
₹108.8
Prev Close
₹108.43
Industry
Railway Wagons
Market Cap
4459.24 Cr
Filing History
Recent corporate announcements and filings for TEXRAIL
Routine
Neutral
2026-08-27 18:01
New Filing detected. See link for details.
Business Update
Positive
2026-08-24 19:01
- Texmaco Rail & Engineering Ltd. submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 as part of its Annual Report.
- The report highlights an 18% reduction in energy intensity, 8% in water use, and 10% in waste intensity compared to FY 2024-25.
- It also noted increased coverage for health & safety, skill upgradation, and human rights training for employees and workers.
- The company reported no cases of corruption, bribery, or regulatory penalties during the year.
Governance
Positive
2026-08-24 18:56
- Record Date for determining dividend entitlement for Financial Year 2025-26 is Friday, September 11, 2026.
- The 28th Annual General Meeting (AGM) is scheduled for Friday, September 18, 2026.
Business Update
Neutral
2026-08-21 23:42
- Investor/Analyst Meet Schedule
- Dates: 26th & 27th August 2026
- Time: Not specified (physical one-to-one interactions)
- Interaction Type: Physical One-to-One with analysts/investors
- Location: Mumbai
- No Unpublished Price Sensitive Information will be shared.
Business Update
Neutral
2026-08-21 23:42
- Investor/Analyst Meet Schedule
- Meeting Dates: 26th & 27th August 2026
- Interaction Type: Physical One-to-One Interactions with analysts/investors
- Location: Mumbai
- No Unpublished Price Sensitive Information will be shared.
Business Update
Positive
2026-08-19 21:01
- Texmaco Rail & Engineering Ltd. invested ₹6.88 Cr in subsidiary Texmaco Defence Technologies Ltd (TDTL).
- A new investor acquired 30% stake in TDTL, reducing Texmaco's holding to 70%.
- This strategic move aims to expand company's presence in the Defence industry.
Business Update
Positive
2026-08-14 20:18
- Texmaco Rail & Engineering Ltd. subsidiary, TDTL, will receive up to ₹200 Crores investment from Vagus Def Tech & Aerospace Fund-1 ("Calculus").
- Calculus will acquire a 30% stake in TDTL, reducing Texmaco's ownership from 100% to 70%.
Business Update
Positive
2026-08-14 19:17
- Texmaco Rail & Engineering Ltd. executed an agreement for investment in its subsidiary, Texmaco Defence Technologies Ltd (TDTL), with Vagus Def Tech & Aerospace Fund-1 (Calculus).
- Calculus will invest up to ₹200 Crores in TDTL, with the first ₹100 Crores for fresh equity.
- Post-investment, Calculus will hold 30% of TDTL, and TDTL will become a 70% owned subsidiary of Texmaco.
Business Update
Positive
2026-08-12 19:19
- Order Win: Texmaco Rail & Engineering Ltd. won order from IVC Logistics Limited
- Order Value: ₹77.76 crores
- Completion Timeline: On or before 31st March, 2027
Business Update
Positive
2026-08-10 18:04
- Texmaco Rail & Engineering Ltd. executed a Memorandum of Understanding (MoU) with The Signalling Company NV, Belgium on August 10, 2026. - The MoU establishes a strategic collaboration for ETCS solution, including Kavach development for the Indian market. - Commercial terms and a definitive agreement are yet to be negotiated.
Business Update
Positive
2026-08-10 14:31
- Q1 FY27 saw a significant 85.9% YoY increase in Profit After Tax (PAT) to INR52 crores, with PAT margin improving by 381 basis points YoY to 6.9%.- Electrical Infrastructure business revenue grew 76.8% YoY to INR175 crores, and its EBIT margin expanded by 150 bps to 10.8%. The Rail Infra & Green business achieved a positive EBIT margin, signaling a turnaround.- The company's order book stands at INR9,923 crores as of June 30, 2026, offering multi-year execution visibility.- A strategic shift in order book profile sees private sector and export orders now accounting for 96.4% in Q1 FY27 (up from 21% in FY25), reflecting improved margin focus and diversification.- Key strategic initiatives include expansion in wagon leasing (targeting 50% market share), joint ventures for air brake equipment and predictive maintenance with Wabtec, and entry into semi/high-speed passenger rolling stock (already making Vande Bharat interiors).- Management aims for 2x top line (INR10,000-12,000 crores) and mid-teen EBITDA margins by 2030, expecting 15-20% revenue growth in the next 1-2 years from new businesses and strong order flow from private/export sectors.- The South Africa order of INR4,100 crores for wagons and 15-year maintenance is expected to generate 50% of its revenue in the next financial year.
Business Update
Positive
2026-08-07 11:14
- Texmaco Rail & Engineering Ltd. executed a Memorandum of Understanding (MOU) with Škoda Digital S.R.O., Czech Republic, on August 6, 2026.
- The MOU aims to explore potential business opportunities in railway digitalization solutions, including AI-based systems and other advanced rail digital technologies.
- It is a non-commercial, non-equity arrangement for potential future collaboration and does not involve any issuance of shares or loan arrangements.
Business Update
Neutral
2026-08-04 16:47
- Audio recording of the Conference Call pertaining to Financial Results, held on August 4, 2026, at 11:30 a.m. IST, has been made available.
- The company confirmed that no unpublished price sensitive information was shared/discussed during the conference call.
Financials
Negative
2026-08-03 16:22
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹756.68 Cr vs ₹910.60 Cr (▼16.9% YoY)
- EBITDA ₹61.39 Cr vs ₹77.23 Cr (▼20.5% YoY)
- PAT ₹50.07 Cr vs ₹29.34 Cr (▲70.8% YoY)
- EBITDA Margin 8.11% vs 8.48% (▼37 bps)
- Funds raised via a preferential issue, originally designated for capital expenditure (₹115 Cr), were largely re-routed to fund working capital requirements (₹103.43 Cr) following shareholder approval, with the capital expenditure plan put on hold.
Business Update
Neutral
2026-07-31 12:31
- Concall Schedule
- Concall Date: Tuesday, August 4, 2026
- Concall Time: 11:30 hrs India Standard Time
- Purpose: To brief on performance for the quarter ended 30th June, 2026 (Q1FY27 results).
Routine
Neutral
2026-07-30 21:26
New Filing detected. See link for details.
Business Update
Neutral
2026-07-30 14:43
- Concall Schedule
- Concall Date: August 4, 2026
- Concall Time: 11:30 A.M. IST
Business Update
Positive
2026-07-30 14:10
- Order Win: Texmaco Rail & Engineering Ltd. won order from South Western Railway
- Order Value: ₹0.74 crores (including taxes)
- Completition Timeline: Within 10 months from the date of issue of Letter of Acceptance (July 30, 2026)
Business Update
Positive
2026-07-24 18:40
- Texmaco Rail & Engineering Ltd's joint venture company, Touax Texmaco Railcar Leasing Private Limited, has issued 3,16,70,588 Equity Shares and 76,893 Compulsorily Convertible Debentures (CCDs) to a new joint venture partner, TrinityRail Global Inc. on July 24, 2026.
- Post issuance, the revised shareholding of the JV Company is Touax Rail India Limited (34% + 1 share), Texmaco Rail & Engineering Limited (34% - 1 share), and TrinityRail Global Inc. (32%).
Routine
Neutral
2026-07-14 19:44
New Filing detected. See link for details.
Business Update
Positive
2026-07-07 12:08
- Order Win: Texmaco Rail & Engineering Ltd. won an order from Central Warehousing Corporation
- Order Value: ₹70.72 Crores
- Completion Timeline: Within 180 days
- Details: For Manufacture and Supply of BLSS rakes along with Brake Van.
Business Update
Positive
2026-07-02 21:21
- Order Win: Texmaco Rail & Engineering Ltd. won an order from South Central Railway
- Order Value: ₹26.56 Crores (including taxes)
- Completion Timeline: Within 12 months from the date of issue of Letter of Acceptance
- Details: For Comprehensive Signalling and Telecommunication works for Automatic Block Signalling & Kavach Works. The outstanding order book now stands at ₹1,159.94 Crores.
Routine
Neutral
2026-07-02 18:06
- CARE Ratings Limited has reaffirmed the existing credit ratings for Texmaco Rail & Engineering Limited.
- Long-term Bank Facilities: CARE A; Stable.
- Long Term / Short Term Bank Facilities: CARE A; Stable / CARE A1.
- Short Term Bank Facilities: CARE A1.
Routine
Neutral
2026-07-01 22:49
New Filing detected. See link for details.
Business Update
Positive
2026-06-27 17:11
- Order Win: Texmaco Rail & Engineering Ltd. won an order from Mangalore Coal Terminal Private Limited.
- Order Value: ₹4.71 crores (including taxes).
- Order Details: For Design, Supply, Erection, Testing & Commissioning of 25KV, 50Hz Over Head Electrical Equipment.
- Completion Timeline: Within 12 months from the effective/commencement date.
Business Update
Positive
2026-06-26 20:05
- Order Win: Texmaco Rail & Engineering Ltd. won an order from Northern Railway
- Order Value: ₹5.49 crores (including taxes)
- Completion Timeline: Within 9 months from Letter of Acceptance date
- Details: Provision of monkey anti-climbing devices over Moradabad Division
Routine
Neutral
2026-06-24 18:09
- The trading window for designated persons and their immediate relatives will be closed from July 1, 2026.
- This closure is until 48 hours after the declaration of Unaudited Financial Results for the quarter ending June 30, 2026, as per SEBI regulations.
Business Update
Positive
2026-06-24 18:04
- Order Win: Texmaco Rail & Engineering Ltd. won an order from Western Railway
- Order Value: ₹6.28 crores (including taxes)
- Details: Provision of Nylon Net, Anti monkey Climbing Device and anti-bird disc over.
- Completion Timeline: Within 12 months from the date of issue of Letter of Acceptance (24th June, 2026).
Business Update
Positive
2026-06-20 22:26
- Order Win: Texmaco Rail & Engineering Ltd. won orders from Odisha Power Transmission Corporation Limited
- Order Value: ₹11.65 Crores (including taxes)
- Completion Timeline: Within 12 months
Business Update
Positive
2026-06-19 22:06
- Order Win: Texmaco Rail & Engineering Ltd. won an order from JSW (South) Rail Logistics Pvt Ltd.
- Order Value: ₹253.28 crores (including taxes)
- Completion Timeline: Within 13.5 months for Manufacture and Supply of BFNSM1 Rakes along with BVCM Wagons.
Business Update
Positive
2026-06-03 22:40
- Texmaco Rail & Engineering Ltd., Touax Group, and TrinityRail Global, Inc. (a subsidiary of Trinity Industries, Inc.) announced a landmark tripartite partnership.
- Trinity is taking a 32% participation in the existing joint venture, Touax Texmaco Railcar Leasing Pvt. Ltd. (TTRL).
- The partnership aims to transform India's ₹3-Lakh Crore Freight Rail Ecosystem by establishing a first-of-its-kind global railcar leasing platform.
- It will combine global manufacturing, professional leasing, and lifecycle management to offer advanced rolling stock, reduce maintenance costs, improve asset utilisation, and shorten production timelines.
Business Update
Neutral
2026-06-03 18:18
- Texmaco Rail & Engineering Ltd. amended its Joint Venture Agreement on June 2, 2026, for Touax Texmaco Railcar Leasing Private Limited.
- Trinity Rail Global Inc. is introduced as the new JV partner.
- Texmaco's shareholding in the JVC will reduce from 50% to 34% upon the issue of further shares to the new partner.
- Completion is expected within 2 months.
Governance
Positive
2026-05-26 17:32
Texmaco Rail & Engineering Ltd. announced that its shareholders have approved the Long Term Incentive Plan (LTIP) Scheme 2026 through a postal ballot. The resolution was passed with a requisite majority, with 95.97% of the total valid votes cast in favour and 4.03% against. The remote e-voting period for the resolution was from April 25, 2026, to May 24, 2026.
Business Update
Positive
2026-05-23 22:28
Order Win: Texmaco Rail & Engineering Ltd. won an order from Vedanta Aluminium Metal Limited for ₹28.58 Crores (including taxes) for the supply of 1 rake BTAP Alumina transportation wagon and 1 brake Van (Guard Vehicle). The order is to be executed within 6 months from the date of Notice to Proceed.
Business Update
Negative
2026-05-19 20:24
CRITICAL RED FLAG DETECTED
Management outlined its 'Texmaco 2.0' vision targeting 2x top-line growth and mid-teen EBITDA margins by 2030, driven by strengthening core rail business and synergistic diversification into signaling systems, metro mobility, defense, and launching the 'Invariz.ai' commercial AI platform. The company secured a significant INR4,000 crore order in South Africa, including 2,200 wagons and 30 diesel locomotives with 15-year maintenance, for delivery by FY28. Net debt reduced to INR444 crores (net debt-to-equity 0.18). Capex of INR200 crores is approved for defense, with an overall envelope of INR1,500-2,000 crores. The company also plans real estate development from its land bank. Auditors qualified their report on a INR700 crore contingency provision, which management clarified as a non-cash risk mitigation measure.
Business Update
Positive
2026-05-15 21:14
Order Win: Texmaco Rail & Engineering Limited won an order from South Central Railway for Comprehensive Signalling and Telecommunication Works for Provision of Automatic Block Signalling System. Order Value: ₹191.99 Crores (including taxes). Completion Timeline: within 480 days from the Appointed Date.
Governance
Neutral
2026-05-15 16:17
Texmaco Rail & Engineering Ltd. responded to Institutional Investor Advisory Services (IiAS) regarding their voting recommendation on the proposed Long Term Incentive Plan (LTIP) Scheme, 2026. The company clarified that the LTIP is performance-based, tied to metrics like EBITDA margin, EPS, ROCE, and Operating Cash Flow, with no vesting below 85% of targets. It assured transparency and rigorous evaluation, committing to disclose outcomes post-vesting in its Annual Report.
Financials
Negative
2026-05-14 14:08
CRITICAL RED FLAG DETECTED
Consolidated Revenue ₹1,166.97Cr vs ₹1,346.36Cr (▼13.32% YoY), EBITDA ₹108.10Cr vs ₹101.31Cr (▲6.70% YoY), PAT ₹58.04Cr vs ₹39.16Cr (▲48.22% YoY). EBITDA Margin 9.26% vs 7.52% (▲174bps). The Board also recommended a dividend of 75% (Re. 0.75 per share) for FY26, approved an investment of up to ₹200 Crores in defence business, and a collaboration agreement for railway signalling.
Business Update
Neutral
2026-05-13 18:34
Texmaco Rail & Engineering Ltd. announced the uploading of the audio recording of its conference call with analysts and investors, held on May 13, 2026, at 2:00 p.m. IST, pertaining to its financial results. The recording is available on its website, and the company confirmed no unpublished price sensitive information was shared during the call.
Business Update
Positive
2026-05-12 20:14
Order Win: Texmaco Rail & Engineering Ltd. secured an order from a South African Train Operating Company (TOC) for the supply of over 2,235 freight wagons and 30 diesel locomotives. Order Value: over INR 4,045 Crores. The engagement also includes a proposed long-term 15-year maintenance partnership.
Business Update
Positive
2026-05-12 20:08
Order Win: Texmaco Rail & Engineering Ltd. secured an international order from Tsiko Africa Logistics (Pty) Ltd. and Barberry Holdings (Pty) Ltd. for Rolling Stock Freight Wagons/Locomotives/Components and long-term maintenance. Order Value: USD 43,05,72,749 (equivalent to INR 4045 crores). Completion Timeline: 2027-2028.
Financials
Negative
2026-05-12 19:33
CRITICAL RED FLAG DETECTED
Consolidated Revenue ₹1,166.97 Cr vs ₹1,346.36 Cr (▼13.32% YoY), EBITDA ₹108.20 Cr vs ₹101.31 Cr (▲6.80% YoY), PAT ₹58.04 Cr vs ₹39.16 Cr (▲48.19% YoY). EBITDA Margin 9.27% vs 7.52% (▲175bps). Statutory auditors issued a modified opinion on the financial results. A dividend of 75% (₹0.75 per share) was recommended. The company also announced an investment of ₹200 Cr in its defence subsidiary and a collaboration agreement with Sigma Rail Systems Pvt. Ltd.
Financials
Negative
2026-05-12 19:26
CRITICAL RED FLAG DETECTED
Texmaco Rail & Engineering Ltd. reported consolidated Q4 FY26 results with Revenue at ₹1,166.97 Cr vs ₹1,346.36 Cr (▼13.33% YoY), EBITDA at ₹108.10 Cr vs ₹101.31 Cr (▲6.70% YoY), and PAT at ₹58.04 Cr vs ₹39.16 Cr (▲48.19% YoY). EBITDA Margin stood at 9.26% vs 7.52% (▲174bps). The statutory auditors issued a modified opinion on the audited financial results. The board recommended a dividend of 75% (Re. 0.75 per equity share) and approved an investment of ₹200 Cr in its defence subsidiary, Texmaco Defence Technologies Ltd., along with a collaboration agreement with Sigma Rail Systems Pvt. Ltd. for railway signalling systems.
Financials
Negative
2026-05-12 19:23
CRITICAL RED FLAG DETECTED
Texmaco Rail & Engineering Ltd. reported consolidated financial results for the quarter ended 31st March 2026: Revenue ₹1,166.97 Cr vs ₹1,346.36 Cr (▼13.32% YoY), EBITDA ₹108.10 Cr vs ₹101.31 Cr (▲6.69% YoY), PAT ₹58.04 Cr vs ₹39.16 Cr (▲48.20% YoY). EBITDA Margin 9.26% vs 7.52% (▲174bps). The Board recommended a dividend of 75% (Re. 0.75 per share) for FY2025-26. The company also announced an investment of up to Rs. 200 Cr in Texmaco Defence Technologies Ltd. for defence business and a collaboration agreement with Sigma Rail Systems Pvt. Ltd. for Railway Signalling. However, statutory auditors issued a modified opinion on the financial results, noting a ₹700 Cr contingency provision not routed through the P&L account.
Business Update
Positive
2026-05-08 21:12
Order Win: Texmaco Rail & Engineering Ltd. won an order from Hindalco Industries Limited for the supply of 1 BTAP rake and one Brake Van, valued at Rs. 27.82 crores (including taxes). The order is to be executed within 10 months from the date of PO.
Business Update
Positive
2026-05-08 14:38
Order Win: Texmaco Rail & Engineering Ltd. won an order from Vedanta Aluminium Metal Limited for the supply and commissioning of 2 BTAP Rakes and 2 Nos. of BVCM. Order Value: Rs. 57.15 crores. Completion Timeline: The 1st Rake is to be completed within 6 months and the 2nd Rake within 8 months from May 8, 2026.
Business Update
Positive
2026-05-08 14:30
Order Win: Texmaco Rail & Engineering Ltd. won an order from Kochi Metro Rail Limited for Design, Supply, Installation, Testing and Commissioning of Ballastless Track and Connections of Standard gauge in Elevated Section of Phase 2 Corridor of Kochi Metro Rail Project. Order Value: Rs. 130.22 crores. Completion Timeline: Within 16 months.
Business Update
Neutral
2026-05-07 17:37
Texmaco Rail & Engineering Limited announced an investor call organized by ICICI Securities Limited on May 13, 2026, at 2:00 p.m. (IST). The call is to brief on the company's performance for the quarter and year ended March 31, 2026. The company stated no presentation or unpublished price sensitive information would be shared during the conference, but an audio recording and transcript would be disseminated later.