TEXRAIL

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.