Texmaco Rail & Engineering has reported a revenue from operations of ₹4,377 crore for the financial year 2026, reflecting a 14.3% decline year-on-year amid challenging market conditions. The company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at ₹450 crore, with an EBITDA margin of 10.3%. Profit after tax (PAT) was recorded at ₹194 crore, translating to a margin of 4.4%.
In the fourth quarter of FY26, Texmaco achieved revenue from operations of ₹1,167 crore. The EBITDA for this quarter was ₹116 crore, maintaining a margin of 10.0%, while the PAT was ₹58 crore, with a 5.0% margin. The company reported basic and diluted earnings per share (EPS) of ₹1.42 for the quarter and ₹4.84 for the full year.
Operational highlights for the quarter included the sale of 2,196 wagons and foundry sales amounting to 8,964 metric tonnes (MT). For the entire fiscal year, wagon sales reached 8,372 units, and foundry sales totalled 34,301 MT. The Freight Car Division contributed ₹909 crore to sales in Q4 and ₹3,419 crore for the year.
Texmaco’s Executive Director and Vice Chairman, Indrajit Mookerjee, noted that the company’s performance was impacted by global supply chain disruptions and lower revenues in the Infra – Rail and Green Energy segments. However, the Infra – Electrical business showed significant growth, with revenues increasing by 66.1% to ₹610 crore.
A notable development during the quarter was the formalisation of a joint venture with Rail Vikas Nigam Limited (RVNL), aimed at enhancing Texmaco’s participation in rolling stock, rail EPC, maintenance, and integrated rail infrastructure opportunities. This partnership is expected to bolster the company’s long-term growth strategy.
Managing Director Sudipta Mukherjee highlighted Texmaco’s strong operational performance in Q4, with net profit rising by 45.1% year-on-year to ₹57.7 crore. The company also reported a decrease in net debt to ₹444 crore, with an improved net debt to equity ratio of 0.18x.
Looking forward, Texmaco is focused on its Vision 2030 roadmap, which includes strengthening core businesses and investing in emerging growth areas such as railway signalling, safety systems, and power electronics. The company has also launched ‘Invariz,’ a Global Capability Centre platform integrated with AI capabilities, marking its entry into global digital services.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).