Texmaco Rail & Engineering shares gained 1.56% to close at ₹113.70 following the announcement of two significant domestic orders worth ₹351.16 crore for manufacturing and supplying rakes and wagons. The positive market response reflects investor confidence in the company's ability to secure new orders and execute projects successfully in the railway and infrastructure sector.
Texmaco Rail & Engineering has secured two significant domestic orders totaling ₹351.16 crore for manufacturing and supplying rakes and wagons. The larger order, valued at ₹253.28 crore including taxes, has been awarded by JSW (South) Rail Logistics Private Limited, where the company will manufacture and supply BFNSM1 rakes along with BVCM wagons. The second order, valued at ₹97.88 crore including taxes, has been placed by Sushila Transport Private Limited covering the manufacture and supply of ACT1 rakes along with BVCM wagons. Both orders are domestic in nature and are expected to add to the company's revenue visibility over the coming quarters.
The first order from JSW (South) Rail Logistics is scheduled for execution within 13.5 months from the date of commencement, while the second order from Sushila Transport must be completed on or before October 31, 2027. Both contracts are domestic in nature and do not involve any related party transactions, ensuring transparent business practices. The company clarified that its promoter, promoter group or group companies do not have any interest in the entities that awarded the contracts.
The company demonstrated strong financial performance in Q4 FY26, reporting a 45.03% year-on-year increase in consolidated net profit to ₹57.68 crore, compared with ₹39.77 crore in the corresponding quarter of the previous year. This significant profit growth reflects the company's operational efficiency and market positioning in the railway and infrastructure sector.
Texmaco Rail & Engineering operates as a listed company and is part of the Adventz Group. The company is a key player in the railway and infrastructure sector, operating across three business segments: Freight Cars, Rail Infrastructure & Green Energy, and Infrastructure Electrical. The company's diversified portfolio positions it as a comprehensive solution provider in the railway and infrastructure sector.
