Texmaco Rail & Engineering Limited , a leading player in the Indian railway sector, has reported its financial results for the first quarter of fiscal year 2026, showcasing resilience amid challenges and maintaining a robust order book.

Financial Performance

The company reported a revenue of ₹911.00 crores for Q1 FY26, with an EBITDA of ₹79.00 crores, reflecting a margin of 8.70%. The profit after tax stood at ₹29.00 crores, representing a margin of 3.20%. Despite facing headwinds, Texmaco delivered 1,815 freight cars during the quarter.

Order Book and Market Position

As of June 30, 2025, Texmaco's order book remains strong at ₹7,053.00 crores, providing solid visibility for future execution. The company maintains its leadership position in the freight rolling stock industry, securing multiple orders from Indian Railways and private sector clients.

Operational Highlights

The company's performance was impacted by a shortage of wagon wheel sets from Indian Railways, a sector-wide issue that affected production. Additionally, Texmaco's West subsidiary experienced a temporary revenue dip due to inspection holdups. However, management expects revenue normalization in future quarters as these issues have been resolved.

Strategic Developments

Texmaco has made significant strides in expanding its presence both domestically and internationally:

1. Secured a major 20-year maintenance contract in Africa for the manufacture and supply of wagons.
2. Signed an MoU with Rail Vikas Nigam Limited (RVNL) to enhance capabilities in manufacturing, infrastructure, and technology-driven projects.
3. Established a new global capability center near Delhi to develop efficient wagon designs.

Financial Stability

In recognition of its strong financial performance and stable growth trajectory, CARE rating agency upgraded Texmaco's long-term bank facilities rating to CARE A with a stable outlook.

Management Commentary

Indrajit Mookerjee, Executive Director and Vice Chairman, commented on the results: "Despite challenges like wheel disruptions, the quarter saw very strong order inflows from both India and international markets, further reinforcing our position in the freight rolling stock sector. We are committed to delivering integrated system services and solutions with a strong safety orientation, blending innovation with operational excellence to meet and exceed global standards."

Future Outlook

Texmaco remains optimistic about its growth prospects, leveraging the ongoing expansion of India's rail infrastructure and logistics modernization. The company is well-positioned to capitalize on opportunities arising from multi-tracking, high-density corridor expansions, and the development of Gati Shakti cargo terminals.

As Texmaco continues to strengthen its operational capabilities and expand its global footprint, it remains focused on delivering value to its shareholders and contributing to the growth of India's railway sector.

Texmaco Rail & Engineering , a leading manufacturer of freight wagons and provider of railway infrastructure in India, has reported a decline in its financial performance for the first quarter. The company faced challenges due to industry-wide supply chain disruptions but maintained a strong order book.

Key Financial Highlights

• Revenue from Operations decreased by 16.3% to ₹911.00 crore, compared to ₹1,088.00 crore in the same quarter of the previous year.
• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) fell to ₹79.00 crore from ₹123.00 crore year-over-year, with the EBITDA margin dropping to 8.7% from 11.3%.
• Profit After Tax (PAT) declined by 50.5% to ₹29.00 crore, compared to ₹59.00 crore in the same quarter last year.
• Earnings Per Share (EPS) decreased to ₹0.75 from ₹1.50 in the corresponding quarter.

Operational Performance

Despite the challenging quarter, Texmaco Rail & Engineering demonstrated resilience in its operations:

• Delivered 1,815 freight cars during the quarter.
• Foundry Division volumes reached 8,667 MT.
• Maintained a robust order book of ₹7,053.00 crore as of June 30.

Segment-wise Performance

Management Commentary

Indrajit Mookerjee, Executive Director & Vice Chairman, commented on the results: "While the quarter saw a decline in revenue primarily due to short supply of wagon wheelsets from Indian Railways, these issues have since been resolved. Our strong order book and ongoing projects across rolling stock, traction, and international markets give us confidence in our growth trajectory."

Sudipta Mukherjee, Managing Director, added: "During the quarter, we secured significant order wins from Indian Railways for traction transformers, wagon manufacturing, and maintenance, reaffirming our leadership in freight rolling stock. On the international front, we secured one of the largest export contracts ever by an Indian Freight Rolling Stock company and a 20-year maintenance contract in Africa."

Strategic Developments

• Signed an MoU with Rail Vikas Nigam Limited (RVNL) to enhance capabilities in manufacturing, infrastructure, and technology-driven areas.
• Focused on expanding global footprint, particularly in Africa and Australia.
• Strengthened presence across the freight rolling stock value chain.

Outlook

Despite the temporary setback, Texmaco Rail & Engineering remains optimistic about its future prospects. The company's strong order book, strategic partnerships, and focus on both domestic and international markets position it well for recovery and growth in the coming quarters.

The management expects the resolution of supply chain issues and the ongoing expansion of India's rail infrastructure to drive opportunities for Texmaco in the near future.

About Texmaco Rail & Engineering Limited

Texmaco Rail & Engineering Limited is a key player in the railway and infrastructure sector, operating across three business segments: Freight Cars, Infra–Rail & Green Energy, and Infra–Electrical. With seven manufacturing facilities across India, the company specializes in rolling stock, loco components, hydro-mechanical equipment, rail infrastructure, bridges, and steel structures.