Texmaco Rail wins $135 million diesel-electric loco deal from Tsiko Africa
Texmaco Rail & Engineering has been awarded a contract valued at USD 135 million (₹13B). The contract was awarded by Tsiko Africa Logistics. The order covers the supply of diesel-electric locomotives. The deal marks a notable international order win for Texmaco Rail & Engineering in the African market.
Texmaco Rail & Engineering Signs Agreement With Belgium's The Signalling Company For Collaboration On Kavach And ETCS
Texmaco Rail & Engineering has signed a collaboration agreement with Belgium's The Signalling Company for joint work on Kavach and ETCS railway signalling technologies. Kavach is India's indigenous automatic train protection system, while ETCS is the European standard for train control and signalling. The agreement brings together Texmaco Rail & Engineering's domestic expertise with The Signalling Company's international signalling capabilities. This partnership highlights the increasing engagement of Indian railway firms with global technology partners in the safety and signalling domain.
Texmaco Rail & Engineering Secures ₹187.28 Crore Order from Southern Railway for Interlocking Systems
Texmaco Rail & Engineering has received orders worth ₹187.28 crore from Southern Railway for installing interlocking systems at 183 gates. This significant domestic contract strengthens the company's position in railway infrastructure and demonstrates its expertise in safety and signaling systems across India's railway network.
Texmaco Rail & Engineering Secures ₹76.7 Million Order from South Western Railway
Texmaco Rail & Engineering Limited has secured a ₹76.7 million order from South Western Railway, representing a significant business development for the company. This contract strengthens the company's position in the railway infrastructure sector and adds substantial value to its order book, demonstrating continued confidence from railway authorities in the company's technical capabilities and execution expertise.
Texmaco Rail & Engineering Stock Shows Recovery Signs After 30% Decline from Highs
Texmaco Rail & Engineering Ltd has shown recovery signs after declining over 30% from highs during a 12-month downtrend. The stock broke above falling trendline resistance on weekly charts and achieved a record high of ₹205.00 on January 17, 2025. Market experts suggest short-term traders with high-risk profiles may consider targets above ₹150.00 levels in the next three to four weeks, based on the technical momentum recovery.
Texmaco Rail & Engineering Reports 16% Revenue Decline in Q1
Texmaco Rail & Engineering experienced a decline in Q1 financial performance due to industry-wide supply chain disruptions. Revenue from Operations decreased by 16.3% to ₹911.00 crore, EBITDA fell to ₹79.00 crore, and Profit After Tax declined by 50.5% to ₹29.00 crore. Despite challenges, the company delivered 1,815 freight cars, maintained a robust order book of ₹7,053.00 crore, and secured significant contracts including a major export deal in Africa. Management remains optimistic about future growth prospects, citing resolved supply issues and ongoing expansion in India's rail infrastructure.
05Aug 25
Texmaco Rail Secures ₹73.12 Crore Order from Central Railway
Texmaco Rail & Engineering Limited has been awarded a ₹73.12 crore contract by Central Railway for a comprehensive railway electrification project. The order includes designing, supplying, erecting, testing, and commissioning of a 110 KV/25KV AC Traction Substation, along with setting up a Sectioning and Paralleling Post. The project also involves modifications to the 132 KV transmission line using High-Temperature Low-Sag conductors. Central Railway has set a 24-month timeline for project completion. Additionally, the National Company Law Tribunal has approved the amalgamation of Texmaco West Rail Limited with Texmaco Rail & Engineering Limited.
04Aug 25
Texmaco Rail & Engineering Secures NCLT Approval for Amalgamation with Texmaco West Rail
The National Company Law Tribunal (NCLT), Kolkata Bench, has sanctioned the Scheme of Amalgamation between Texmaco Rail & Engineering Limited (TEXRAIL) and Texmaco West Rail Limited on August 4, 2025. The merger falls under Sections 230 to 232 of the Companies Act, 2013, with Texmaco West Rail Limited as the transferor company. TEXRAIL will initiate further steps to implement the scheme upon receiving the certified NCLT order. The company has informed the National Stock Exchange of India Ltd. and BSE Limited about this development in compliance with SEBI regulations.