Texmaco Rail Reports Strong Q2FY26 Performance with 28.6% Growth in Freight Car Deliveries
Texmaco Rail & Engineering Limited reported robust Q2FY26 results with revenue of INR 1,258.00 crores, EBITDA of INR 132.00 crores, and PAT of INR 64.00 crores. The company delivered 2,334 freight cars, a 28.60% increase from Q1FY26. The order book stands at INR 6,367.00 crores, with over 30% market share in wagon manufacturing. Strategic developments include a merger with Texmaco West Rail Limited, a joint venture with RVNL, and collaboration with HORMANN Vehicle Engineering GmbH. The company is well-positioned to capitalize on growing opportunities in domestic and international markets.

*this image is generated using AI for illustrative purposes only.
Texmaco Rail & Engineering Limited , a leading player in the Indian railway sector, has reported robust financial results for the second quarter of fiscal year 2026, showcasing significant growth in its freight car deliveries and overall performance.
Financial Highlights
For Q2FY26, Texmaco Rail reported:
- Revenue of INR 1,258.00 crores
- EBITDA of INR 132.00 crores, reflecting a margin of 10.50%
- Profit After Tax (PAT) of INR 64.00 crores, with a margin of 5.00%
Operational Performance
The company delivered 2,334 freight cars during Q2FY26, marking a substantial increase of 28.60% compared to 1,815 units in Q1FY26. This growth demonstrates Texmaco's strong execution capabilities and the increasing demand for its products in the railway sector.
Order Book and Market Position
As of September 30, 2025, Texmaco's order book stood at INR 6,367.00 crores, providing strong visibility for future execution. The company maintains a leading position in the market with over 30% market share in wagon manufacturing.
Strategic Developments
Texmaco has made significant strides in expanding its capabilities and market reach:
Amalgamation with Texmaco West Rail Limited: The successful completion of this merger is expected to enhance operational synergies and streamline execution across the business.
Joint Venture with Rail Vikas Nigam Limited (RVNL): This strategic partnership focuses on rolling stock manufacturing, rail infrastructure projects, and international market expansion.
Collaboration with HORMANN Vehicle Engineering GmbH: This partnership aims to offer world-class passenger mobility designing services, including locomotives, potentially opening up new avenues for growth in the passenger rail segment.
Sector Outlook
The Indian Railways' record capital expenditure of over INR 1.42 trillion in the first half of the fiscal year, with a focus on electrification, multi-tracking, and safety systems, bodes well for companies like Texmaco. The adoption of the 2 x 25 kV overhead electrification system is expected to drive demand for Texmaco's products and services, particularly in traction systems and rolling stock.
Future Outlook
Texmaco is well-positioned to capitalize on the growing opportunities in both domestic and international markets. The company's focus on executing its growth strategy through an integrated operational base, expanding partnerships, and a clear roadmap for expansion is expected to drive long-term growth and profitability.
Indrajit Mookerjee, Executive Director and Vice Chairman of Texmaco Rail, commented, "We are committed to increasing our market presence, both in India and international markets, while driving long-term growth through strategic partnerships, continuous innovation, improved efficiency, and optimum utilization of resources."
As Texmaco Rail continues to strengthen its position in the railway sector, investors can look forward to potential growth opportunities and improved performance in the coming quarters.
Historical Stock Returns for Texmaco Rail & Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.00% | -0.48% | -3.94% | -15.79% | -34.44% | +492.16% |















































