Texmaco Rail | Business Upturn

Texmaco Rail secures Rs 187.28 crore order from Southern Railway

Arunika Jain — Wed, 29 Apr 2026 16:50:02 +0000

Texmaco Rail & Engineering has secured a significant order from Southern Railway valued at Rs 187.28 crore. The contract involves the provision of interlocking arrangements at 183 non-interlocked gates, enhancing safety and operational efficiency.

The order, classified as domestic, is set to be executed within 18 months from the date of the Letter of Acceptance. This development is a substantial addition to Texmaco Rail‘s order book, reflecting the company’s growing presence in the rail infrastructure sector.

Southern Railway, a key entity in the Indian Railways network, awarded the contract, highlighting Texmaco Rail’s capabilities in delivering critical railway infrastructure projects. The contract does not involve any related party transactions, and there is no interest from the promoter or promoter group in the awarding entity.

This order underscores Texmaco Rail’s commitment to advancing railway safety and infrastructure through innovative solutions and timely project execution.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Texmaco Rail launches Invariz GCC brand for AI-led global services

Arunika Jain — Wed, 29 Apr 2026 05:53:47 +0000

Texmaco Rail & Engineering Ltd, part of the Adventz Group, has announced the launch of a network of Global Capability Centres (GCCs) across India under the brand name Invariz, powered by the ServiceNow platform. This strategic move marks the company’s entry into AI-led global services and digital solutions.

The first centre was soft launched in Faridabad at the end of last year, with plans to expand to other locations. The GCC rollout is expected to generate over 1,200 direct jobs and contribute more than $100 million in incremental revenue by 2030, creating a new growth engine alongside Texmaco’s core railway and infrastructure businesses.

This initiative represents a strategic pivot for the 86-year-old engineering company as it integrates AI-driven platforms into its operations and expands into high-value digital services. The GCCs will leverage ServiceNow’s AI-powered workflow platform to deliver automation-led enterprise solutions, targeting both domestic and international clients across various sectors.

Mr. Sudipta Mukherjee, Managing Director of Texmaco Rail & Engineering Limited, expressed optimism about the initiative, stating, “This initiative has enormous potential for future growth & will create more global alliances for Texmaco. It is also going to be the Digital front end of the company, perhaps one of its kind for total solution around Railways globally & also much beyond, we are look forward for an exciting meaningful delivery. Leveraging ServiceNow’s platform will help us unlock new revenue streams, improve efficiencies, and strengthen our positioning in global markets.”

The GCC platform will also act as a hub for innovation, digital talent development, and AI-led transformation, supporting multi-industry use cases and reinforcing India’s role as a global GCC destination. Texmaco said the GCC network will support group companies and expand to serve external clients, enabling a scalable global delivery model. The initiative is expected to enhance operational efficiency, improve asset utilisation, and create a diversified services portfolio aligned with evolving global GCC trends.

Dr. Arivarasu Selvaraj, Group CDO driving the Invariz GCC, stated, “Our focus is on building a scalable, innovation-led GCC ecosystem. By combining AI capabilities with global best practices, we aim to deliver agile, high-impact solutions while creating a strong digital talent base.”

Texmaco anticipates the GCC initiative will contribute 10%-15% to its overall growth strategy over the medium term, complementing its core manufacturing and infrastructure businesses. The company believes this move positions it among the early Indian engineering firms to scale AI-enabled global services, aligning with the evolving global enterprise services landscape.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Texmaco Rail secures Rs 36 crore order from Eastern Railway

Business Desk — Tue, 28 Apr 2026 09:29:04 +0000

Texmaco Rail & Engineering has been awarded a significant contract by Eastern Railway valued at ₹36 crore. The contract involves the replacement of auto signalling systems using Multi Section Digital Axle Counter (MSDAC) technology. This domestic order is set to be executed within 24 months from the issuance of the Letter of Acceptance.

The order does not involve any interest from the promoter group or related party transactions, ensuring that it is conducted at arm’s length. This development marks a notable achievement for Texmaco Rail, reinforcing its position in the railway engineering sector.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Texmaco Rail secures Rs 7.67 crore order from South Western Railway

Kinjal — Wed, 22 Apr 2026 10:36:23 +0000

Texmaco Rail & Engineering has been awarded a significant contract worth ₹7.67 crores by South Western Railway. The contract involves the outsourcing of Overhead Equipment (OHE) and Power Supply Installation (PSI) maintenance activities for a period of two years.

According to the details provided, the order is domestic in nature and must be executed within 24 months from the date of the Letter of Acceptance. The contract does not involve any related party transactions, and there is no interest from the promoter group or group companies in the entity awarding the contract.

The terms of the agreement specify that Texmaco Rail will be responsible for maintaining the OHE and PSI systems, which are critical components in railway infrastructure, ensuring the smooth operation of electric trains.

This new order further strengthens Texmaco Rail’s position in the railway infrastructure sector, showcasing its capabilities in handling significant maintenance projects.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Texmaco Rail secures Rs 3.06 crore order from Modern Coach Factory

Kinjal — Sat, 18 Apr 2026 04:27:24 +0000

Texmaco Rail & Engineering has been awarded a significant order worth ₹3.06 crore by the Modern Coach Factory, Raebareli. The order involves the supply of Bogie Frame Assembly for Non-AC Air Spring type LHB Fiat Bogies.

The order is to be executed within 301 days from the issuance date, ensuring timely delivery and adherence to the contract terms. This domestic contract highlights Texmaco Rail‘s continued engagement with key players in the Indian railway sector.

The contract terms specify that the order does not involve any related party transactions, and neither the promoter group nor group companies have any interest in the Modern Coach Factory. This ensures transparency and compliance with regulatory requirements.

Texmaco Rail’s ability to secure such orders underscores its expertise and reputation in the railway engineering sector, contributing to its growth and market presence.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Texmaco Rail secures Rs 0.39 crore order from South Eastern Railway

Yash Agarwal — Wed, 15 Apr 2026 10:18:26 +0000

Texmaco Rail & Engineering has been awarded a contract valued at ₹0.39 crore by South Eastern Railway. The order involves the supply of Bogie Frame Assembly for the Non-AC Air Spring Type LHB FIAT Bogie, as disclosed in a regulatory filing.

The contract is set to be executed by 13th September 2026, and it is a domestic order. Texmaco Rail confirmed that neither the promoter group nor any group companies have any interest in the entity that awarded the contract. Additionally, the transaction does not fall under related party transactions.

This development is part of Texmaco Rail’s ongoing efforts to expand its footprint in the railway engineering sector.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Texmaco Rail secures Rs 27.18 crore order from Ultratech Cement

Arunika Jain — Tue, 14 Apr 2026 11:35:39 +0000

Texmaco Rail & Engineering has secured a significant order valued at ₹27.18 crores from Ultratech Cement Limited. The order involves the supply of one rake of BCFC M1 wagons along with one Break Van BVCM, highlighting Texmaco Rail‘s continued presence in the domestic market.

The contract, awarded by Ultratech Cement, is a domestic order and is expected to be completed by 15th July 2026. This agreement underscores the company’s capabilities in delivering specialised railway wagons and related equipment within stipulated timelines.

Notably, the order does not involve any interest from the promoter group or related party transactions, ensuring that the contract is conducted at arm’s length.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Texmaco Rail secures Rs 23.57 crore order from Hindalco Industries

Arunika Jain — Sun, 12 Apr 2026 10:37:27 +0000

Texmaco Rail & Engineering has announced the receipt of a significant order valued at ₹23.57 crores from Hindalco Industries Limited. The contract involves the supply of one BTAP rake and one break van, marking a notable addition to Texmaco Rail‘s order book.

According to the details provided, the order is domestic and is expected to be executed within five months from the date of the purchase order. This contract does not involve any related party transactions, and there is no interest from the promoter group or group companies in Hindalco Industries.

The order is in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates disclosure of such significant contracts.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Texmaco Rail secures Rs 39.26 crore order from Southern Railway

Arunika Jain — Mon, 06 Apr 2026 09:00:12 +0000

Texmaco Rail & Engineering has been awarded a significant contract by Southern Railway worth ₹39.26 crores. The order involves the design, supply, erection, testing, and commissioning of 25kV traction overhead equipment (OHE) for the proposed doubling of the track between Thiruvananthapuram and Eraniel stations, including modifications to the existing OHE in the Thiruvananthapuram division.

The contract, which is domestic in nature, outlines a comprehensive scope of work that must be completed within a 36-month timeframe from the date of the letter of acceptance. This project is part of Southern Railway’s efforts to enhance its infrastructure and improve operational efficiency.

Texmaco Rail & Engineering has confirmed that the order does not involve any related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the contract. The company is poised to execute this project, which aligns with its expertise in railway engineering and infrastructure development.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Texmaco Rail secures Rs 0.93 crore order from West Central Railway

Yash Agarwal — Thu, 02 Apr 2026 11:25:40 +0000

Texmaco Rail & Engineering has been awarded a developmental order valued at ₹0.93 crore by West Central Railway. The order involves the supply of 38 bogie frames for ICF design coaches, marking a significant addition to the company’s project portfolio.

The order, classified as a domestic contract, is expected to be executed within 90 days from the date of the purchase order. This timeframe underscores the company’s capability to deliver projects efficiently and on schedule.

According to the announcement, the order does not involve any interest from the promoter group or related party transactions, ensuring transparency and adherence to regulatory standards.

This development highlights Texmaco Rail‘s ongoing commitment to expanding its footprint in the railway sector by securing pivotal contracts and enhancing its service offerings.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Texmaco Rail secures Rs 41.47 crore order for auto car taller wagons

Kinjal — Wed, 01 Apr 2026 15:55:21 +0000

Texmaco Rail & Engineering has been awarded a significant contract valued at ₹41.47 crore by Sushila Transport Pvt. Ltd. The order involves the supply of Auto Car Taller Wagon type ACT 1 and Brake Van Type BVCM, incorporating the latest RDSO drawings.

The contract, which is domestic in nature, specifies that the delivery of the rakes should be completed by 31st December 2026. This agreement is not classified as a related party transaction, and there is no interest from the promoter group or group companies in the entity awarding the contract.

Texmaco Rail & Engineering, recognised for its expertise in manufacturing rail equipment, will execute this order under the terms outlined in the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Texmaco Rail secures Rs 41.31 crore order from South Central Railway

Yash Agarwal — Tue, 31 Mar 2026 13:43:14 +0000

Texmaco Rail & Engineering has been awarded a significant contract by South Central Railway valued at ₹41.31 crores. This contract involves the replacement of panel interlocking with electronic interlocking and the replacement of outdoor gears at stations within the Vijayawada Division.

The order, which is domestic in nature, is to be executed within 540 days from the appointed date as per the EPC Agreement Document. The project is a key development for Texmaco Rail, reflecting its ongoing commitment to enhancing railway infrastructure.

The contract does not involve any interest from the promoter group or related party transactions, ensuring that it is conducted at arm’s length. This order further solidifies Texmaco Rail’s position in the domestic railway sector, showcasing its expertise in engineering and infrastructure projects.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Texmaco Rail secures Rs 357.11 crore order from JSW Group

Arunika Jain — Tue, 31 Mar 2026 07:12:36 +0000

Texmaco Rail & Engineering has been awarded a significant order valued at ₹357.11 crore by JSW Group. The order involves the manufacture and supply of BLSS, BLCS, and BFNV rakes, along with BVCM wagons. This contract is a notable addition to Texmaco Rail‘s portfolio, reflecting its robust capabilities in the railway engineering sector.

The contract, which is domestic in nature, specifies a completion period of 11 months from the effective date or the date of commencement of works. This timeline underscores the company’s commitment to timely delivery and execution of projects.

The order from JSW Group does not involve any related party transactions, as confirmed by Texmaco Rail. Furthermore, there is no interest from the promoter or promoter group in the entity awarding the contract, ensuring an arm’s length transaction.

This development marks another milestone for Texmaco Rail, enhancing its reputation as a leading player in the railway infrastructure space. The strategic partnership with JSW Group is expected to bolster the company’s growth trajectory and reinforce its market position.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

This article is written by Arunika Jain and reviewed by Aman Shukla before publication.

Texmaco Rail secures Rs 22.91 crore order from North Central Railway

Arunika Jain — Sun, 29 Mar 2026 16:55:37 +0000

Texmaco Rail & Engineering has been awarded a substantial contract valued at ₹22.91 crore by North Central Railway. The order focuses on enhancing the reliability of track circuits through the provision of Multi-Section Digital Axle Counters (MSDAC) in parallel with existing Dual Channel Track Circuit (DCTC) systems across 14 stations in the Prayagraj Division.

According to the details provided under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, the project is classified as a domestic contract. It is expected to be executed within a period of 180 days. The order does not involve any related party transactions, and there is no interest from the promoter group or group companies in the awarding entity.

The contract underscores Texmaco Rail‘s ongoing commitment to improving railway infrastructure and operational efficiency. The implementation of MSDAC is anticipated to significantly enhance the reliability of track circuits, thereby contributing to safer and more efficient railway operations.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

This article is written by Arunika Jain and reviewed by Aditya Bhagchandani before publication.

Texmaco Rail secures Rs 3.54 crore order from Western Railway

Business Desk — Tue, 17 Mar 2026 10:00:03 +0000

Texmaco Rail & Engineering has secured a significant order worth ₹3.54 crores from Western Railway. The contract involves the provision of Anti-Bird discs on insulators within the electrified territory of Vadodara Division.

The project, which is a domestic contract, is scheduled to be completed within 18 months from the date of the Letter of Acceptance. This order does not involve any related party transactions, and there is no interest from the promoter group in the awarding entity.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

This article is written by Business Desk and reviewed by Markets Desk before publication.

Why are Texmaco Rail shares up over 5% today? Explained

Aman Shukla — Tue, 17 Feb 2026 03:45:05 +0000

Shares of Texmaco Rail & Engineering Limited surged more than 5% in early morning trade on February 17 (IST) after the company announced a fresh domestic order worth ₹219.18 crore from Mumbai Railway Vikas Corporation Ltd. (MRVC).

In a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company informed exchanges that MRVC has awarded a contract for the design, supply, installation, testing and commissioning of signalling equipment and gears. The order is linked to the construction of a proposed railway line under the Mumbai Urban Transport Project (MUTP-IIIA) in the Mumbai suburban network.

The total contract value stands at ₹219.18 crore, excluding taxes. The work is scheduled to be executed within 36 months from the issuance of the Notice to Proceed, as per the company’s disclosure.

Texmaco Rail clarified that the contract has been awarded by a domestic entity and does not fall under related party transactions. The company also confirmed that neither the promoter nor the promoter group has any interest in the awarding entity.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Top stocks to watch today, Feb 17: Cochin Shipyard, Lupin, Alkem Laboratories, Texmaco Rail and more

Aman Shukla — Tue, 17 Feb 2026 02:53:26 +0000

Indian equity markets are expected to track stock-specific developments on February 17, with several companies announcing order wins, partnerships, stake changes, and regulatory updates. Here is a detailed look at the key stocks likely to remain in focus.

Stocks to Watch Today, February 17

Cochin Shipyard Limited: Declared L1 bidder for a Ministry of Defence project valued at approximately ₹5,000 crore.
Embassy Developments Ltd: Received RERA approval for its residential project in Alibaug.
Lupin Limited: Signed a licence and supply agreement with Spektus Pharma to commercialise DeslaFlex™ in Canada.
Delhivery Limited: Announced a strategic partnership with electric mobility startup RIDEV for deployment of electric vehicles.
TVS Supply Chain Solutions: Signed an MoU with Italy-based ALA Group.
Panorama Studios International: Signed an MoU with Ada 360 Degree LLP for theatrical rights of the Hindi film “Shatak”.
Highway Infrastructure Ltd: Secured a ₹154.60 crore toll contract from NHAI.
Piramal Finance: Upgraded by S&P Global.
Indus Towers Limited: Bharti Airtel purchased 4.5 crore shares since February 5.
Texmaco Rail & Engineering Ltd: Received an order worth ₹219.18 crore from Mumbai Railway Vikas Corporation.
HFCL Limited: Secured purchase orders worth ₹60.95 crore for optical fibre cables.
SEAMEC Limited: Chartered vessel “SEAMEC Princess” to Supreme Offshore Construction under a contract valued at approximately $460,000.
Engineers India Limited: Bofa Securities Europe SA acquired 45.97 lakh shares at ₹217 per share.
NCC Limited: AVSR Holdings bought 3.15 lakh shares.
Polycab India Limited: Appointed Gyan Pandey as Executive President & Chief Digital & Information Officer effective February 16.
BLS E-Services Limited: Acquired Atyati Technologies for ₹154 crore.
JSW Infrastructure Limited: To consider fund raising via QIP on February 20.
Reliance Industries Limited: Reliance Consumer Products entered into a definitive agreement to form a majority-owned joint venture with Nigeria’s TGI Group.
DCM Nouvelle Limited: Shareholders approved appointment of Deepak Sood and Rajinder Khanna as Independent Directors.
REC Limited: Incorporated Vizag Power Transmission Limited as a wholly owned subsidiary.
Alkem Laboratories Limited: Subsidiary Enzene Biosciences received six USFDA observations with no data integrity issues reported.
Adani Enterprises Limited: Subsidiary ACX incorporated Navi Mumbai Power Transmission.
TIL Limited: Completed acquisition of a 60% stake in Tulip Compression.
Jindal Steel & Power Limited: Arm Skyhigh Sustainable to acquire 4.87% voting rights in the company.
NTPC Limited: Commissioned an additional 5 MW at its Bhilai Solar Project, taking total commercial capacity to 86,729 MW.
Kwality Wall’s: LIC acquired a 6.63% stake.
Shriram Properties Limited: Rajesh Yashwant Shirwatkar resigned as Deputy CFO.
Zota Health Care Limited: Acquired an additional 21.8% stake in Everyday Herbal Beauty Care for ₹19.5 crore.
VA Tech Wabag Limited: Incorporated a new subsidiary, Ghaziabad Bioenergy, as a joint venture entity.
Adani Ports and Special Economic Zone Limited: Incorporated 12 wholly owned subsidiaries.

Texmaco Rail bags Rs 27.67 crore order from South Western Railway for OHE maintenance in Mysore Division

Aman Shukla — Mon, 16 Feb 2026 06:07:41 +0000

Texmaco Rail & Engineering Limited has secured a ₹27.67 crore contract (inclusive of GST) from South Western Railway for comprehensive annual maintenance and breakdown restoration of Overhead Equipment (OHE) and power supply installations across the Mysore Division.

The order, valued at approximately ₹23.45 crore excluding GST, covers 1,046 track kilometres (TKM) of electrification infrastructure along with associated electrical assets. The contract will be executed over a period of 24 months from the date of issuance of the Letter of Acceptance.

Under the scope of work, Texmaco Rail will carry out routine, preventive and emergency maintenance to ensure reliable and uninterrupted traction power supply operations across the Mysore Division. The mandate includes upkeep of OHE systems and power supply installations critical to the smooth functioning of electrified railway routes.

With this latest win, the company’s cumulative OHE and power supply maintenance portfolio has expanded to 3,702.62 TKM across multiple railway divisions and corridors under Indian Railways. The portfolio also includes projects in the Bengaluru Division and select sections of the Dedicated Freight Corridor Corporation of India Limited (DFCCIL), strengthening Texmaco Rail’s presence in railway electrification and maintenance services.

The order has been awarded by a domestic entity and does not fall under related party transactions. The company has confirmed that neither the promoter nor the promoter group has any interest in the awarding authority.

Texmaco Rail secures Rs 62.21 crore order from IVC Logistics for ACT1 Wagons and BVCM Design-C Brake Vans

Aman Shukla — Fri, 09 Jan 2026 09:37:56 +0000

Texmaco Rail & Engineering Limited (TEXRAIL), a leading player in India’s railway rolling stock manufacturing sector, has received a significant domestic order worth ₹62.21 crores (excluding taxes) from M/s. IVC Logistics Limited. The order involves the supply of rakes of ACT1 Wagons along with BVCM Design-C Wagons (brake vans). This development strengthens Texmaco’s order book amid growing demand for specialized freight wagons in India’s expanding logistics and rail infrastructure landscape.

Order Details

Texmaco Rail announced the order in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI circular dated November 11, 2024. Here are the key highlights:

Entity Awarding the Order — M/s. IVC Logistics Limited (a domestic entity)
Nature of Contract — Supply of rakes comprising ACT1 Wagons (specialized automobile carrier wagons) along with BVCM Design-C brake vans
Order Value — ₹62.21 crores (excluding taxes)
Execution Timeline — To be completed by August 2026
Related Party Status — Not a related party transaction; no promoter, promoter group, or group company interest in the awarding entity

The order is purely domestic and aligns with Texmaco’s expertise in customized wagon designs for efficient freight movement.

Texmaco Rail completes Hydro-Mechanical works for 2000 MW Subansiri Lower Hydroelectric Project

Aman Shukla — Thu, 08 Jan 2026 05:36:09 +0000

Texmaco Rail & Engineering Limited has successfully completed the erection and commissioning of Hydro-Mechanical (HM) systems for the landmark 2000 MW Subansiri Lower Hydroelectric Project, marking a major milestone in India’s renewable energy journey. The project is located along the border of Arunachal Pradesh and Assam and stands as one of the most significant hydropower developments in the country.

The Subansiri Lower Hydroelectric Project, developed by NHPC Limited, has already achieved the Commercial Operation Date for its first generating unit, with three additional units commissioned. The remaining four units are planned for phased commissioning through FY 2026–27, strengthening India’s clean energy capacity in a structured and timely manner.

As the sole Hydro-Mechanical contractor, Texmaco Rail was responsible for the complete lifecycle of HM systems, including design, manufacture, supply, erection, testing, and commissioning. These systems are critical to the safe and efficient operation of hydropower units and play a central role in ensuring the seamless commissioning of the project. The successful execution reflects Texmaco’s technical depth and proven capability in handling complex, large-scale infrastructure assignments.

With an installed capacity of 2000 MW, the Subansiri Lower Hydroelectric Project is the largest renewable energy project in India. Once fully operational, it will supply substantial clean electricity to the national grid, significantly reducing dependence on fossil fuels and supporting India’s long-term climate and sustainability goals.

Texmaco Rail’s involvement in this project reinforces its leadership in hydro-mechanical engineering and its growing footprint in the energy and infrastructure space. The successful delivery adds to the company’s expanding portfolio of high-impact projects and strengthens its position as a trusted partner in India’s renewable energy ecosystem.

Texmaco Rail bags Rs 132 crore wagon supply order from Touax Texmaco JV

Aman Shukla — Mon, 15 Dec 2025 07:43:27 +0000

Texmaco Rail & Engineering Limited has announced a significant order win that reinforces its strong position in India’s railway freight ecosystem. In a regulatory filing under Regulation 30 of the SEBI Listing Regulations, the company informed exchanges that its joint venture entity has placed an order worth ₹132 crore for the supply of specialised railway wagons.

The order has been awarded by Touax Texmaco Railcar Leasing Private Limited, a joint venture company in which Texmaco Rail & Engineering Limited is one of the promoters. The contract involves the supply of a complete rake of BLSS wagons, comprising BLSS wagons along with BVCM wagons, designed to support efficient bulk logistics and freight transportation.

According to the disclosure, the order is domestic in nature and will be executed in multiple tranches. The delivery schedule is planned to be completed by July 2026, providing steady execution visibility for the company over the coming quarters. The total contract value stands at ₹132 crore, excluding applicable taxes.

Texmaco Rail clarified that since Touax Texmaco Railcar Leasing Private Limited is a promoter-backed joint venture, the transaction falls under related party transactions.

Texmaco Rail bags Rs 6.39 crore order for OHE modification at Kalyan Station

Aman Shukla — Thu, 20 Nov 2025 07:17:11 +0000

Texmaco Rail & Engineering Ltd. has secured a fresh order worth ₹6.39 crore from Central Railway, marking another meaningful addition to its growing portfolio of railway infrastructure projects. The contract involves modification of the existing Overhead Equipment (OHE) system as part of the extension of the island platform at Kalyan Station under the Mumbai Division of Central Railway.

This is a domestic order and comes directly from Central Railway, reflecting Texmaco Rail’s established expertise in delivering critical electrification and engineering work across India’s rail network. The project focuses on upgrading and modifying the OHE network to support the expanded platform, which is a key part of ongoing capacity-enhancement efforts at one of Mumbai’s busiest railway junctions.

As per the company’s disclosure, the entire project is scheduled to be completed within six months from the issuance of the letter of acceptance. The order value of ₹6.39 crore is exclusive of taxes, and the company has confirmed that the promoters or related group entities have no interest in the awarding body, ensuring complete compliance with arm’s-length standards.

Texmaco Rail bags order worth Rs 86.85 crore for BCFC wagons from UltraTech Cement

Aman Shukla — Thu, 18 Sep 2025 11:54:00 +0000

Texmaco Rail & Engineering Limited has secured a significant order worth ₹86.85 crore from UltraTech Cement Limited. The contract involves the supply of BCFC wagons along with a brake van, with delivery scheduled by March 2026.

The order, awarded by UltraTech Cement—a leading domestic player in the cement industry—highlights Texmaco Rail’s strong presence in the specialized freight rolling stock segment. The wagons are expected to enhance UltraTech’s logistics efficiency and strengthen its supply chain capabilities.

As per the company’s filing with the stock exchanges under SEBI (LODR) Regulations, 2015, the contract is purely domestic in nature and does not fall under related party transactions. Texmaco Rail confirmed that its promoter group has no interest in UltraTech Cement, ensuring the deal is entirely at arm’s length.

This order further adds to Texmaco’s growing portfolio of wagon manufacturing contracts, reaffirming its position as one of India’s leading rail engineering and infrastructure solutions providers.

With execution slated for completion by March 2026, the project is expected to contribute meaningfully to the company’s revenue pipeline over the next financial years.

Texmaco Rail forms joint venture with RVNL to boost rolling stock manufacturing and rail infrastructure

Aman Shukla — Wed, 27 Aug 2025 10:23:01 +0000

Texmaco Rail & Engineering Limited (TREL) has officially entered into a joint venture agreement with Rail Vikas Nigam Limited (RVNL) to set up a new company that will focus on railway manufacturing and infrastructure projects. The agreement was approved at the company’s board meeting held earlier today and was executed immediately after the meeting concluded.

As per the terms of the joint venture, RVNL will hold a majority 51 percent stake, while Texmaco Rail will own 49 percent. The joint venture will be backed by an investment of ₹4.90 crore from Texmaco Rail, made through cash consideration. The new entity will engage in the manufacture and maintenance of freight and passenger rolling stock, including locomotives, wagons, coaches, trainsets, metro coaches, and specialized railway equipment. It will also take up engineering, procurement, and construction projects in the rail infrastructure sector, operate railway workshops and depots, and participate in both domestic and international competitive tenders.

The formation of this joint venture is strategically significant for both Texmaco Rail and RVNL. By combining Texmaco Rail’s long-standing expertise in manufacturing and RVNL’s strength in project execution, the two companies aim to expand their capabilities and market presence in India as well as abroad. The initiative is also closely aligned with the government’s vision for railway modernization and the Make in India program, which emphasizes indigenization in manufacturing and infrastructure development.

Texmaco Rail clarified in its filing that the transaction does not fall within the ambit of related party transactions, as RVNL is a public sector undertaking under the Government of India. The completion of the joint venture is subject to necessary statutory and regulatory approvals, and the deal is expected to be closed by December 31, 2025.

Texmaco Rail shares jump 4% on Rs 103 crore order win from Leap Grain Rail Logistics

Aman Shukla — Fri, 22 Aug 2025 03:46:04 +0000

Texmaco Rail & Engineering shares jumped 4% on Friday after the company announced a major supply order worth ₹103.16 crore from Leap Grain Rail Logistics Private Limited.

In a regulatory filing, Texmaco said the agreement covers the manufacturing and delivery of BCBFG wagons and BVCM brake vans. The order, signed on August 22, will be completed within 10 months.

The company clarified that the contract has been awarded by a domestic entity and does not fall under related-party transactions. Promoters and group companies of Texmaco Rail have no financial interest in Leap Grain Rail Logistics, making the deal a fully arm’s length transaction.

This fresh order adds strength to Texmaco’s growing order book at a time when demand for freight wagons in India is rising. The surge is being driven by higher coal movement, growth in the logistics sector, and expansion of private freight operators.

Texmaco Rail shares drop over 3% as Q1 revenue falls 16.3% YoY to Rs 911 crore, net profit down 49.9% YoY

Aman Shukla — Thu, 14 Aug 2025 04:16:58 +0000

Texmaco Rail shares slipped over 3% in early trade following the announcement of its Q1 results, reflecting a challenging start to the fiscal year. As of 9:45 AM, the shares were trading 3.23% lower at Rs 136.41.

The company reported a consolidated revenue of Rs 911 crore for Q1, down 16.3% from Rs 1,088 crore in the same period last year. EBITDA fell sharply by 33.7% to Rs 70.9 crore compared to Rs 107 crore in Q1 FY25, with margins contracting to 7.8% from 9.8% year-on-year.

Net profit also took a hit, declining 49.9% to Rs 30 crore versus Rs 59.8 crore in the corresponding quarter last year.

Texmaco Rail shares opened at ₹137.00 today and witnessed a drop, with the stock trading between ₹135.00 and ₹138.06 during the day. The previous close for the stock was ₹140.97, indicating a slight downward trend in early trades. Over the past 52 weeks, Texmaco Rail has seen a low of ₹119.06 and a high of ₹262.95.

Texmaco Rail bags Rs 47.77 crore order for Wagons from UltraTech Cement

Aman Shukla — Sat, 19 Jul 2025 12:00:42 +0000

Texmaco Rail & Engineering Ltd has announced that it has received a significant purchase order from UltraTech Cement Ltd worth ₹47.77 crore. The order, dated July 18, 2025, was officially received by Texmaco on July 19 and involves the supply of BOXNHL wagons along with BVCM Brake Vans.

According to the company’s regulatory filing, the order is to be fulfilled by mid-October 2025.

The order has been awarded by a domestic entity—UltraTech Cement—and does not involve any related party transactions. Texmaco also confirmed that the promoter group does not hold any interest in UltraTech Cement.

This development adds to Texmaco’s robust order book and reaffirms its standing in the Indian rail engineering and wagon manufacturing sector.

In the meantime, on June 25, the company secured a major international deal from CAMALCO SA, Cameroon, marking a key milestone in its global push. The company received a Letter of Intent on June 24 for a contract worth $62.24 million (approx. ₹535 crore). The deal includes supplying 560 open-top wagons valued at $32.76 million and a 20-year maintenance contract worth $29.48 million. Production will take place in two phases over 24 months. The agreement also leaves room for a future order of 1,040 additional wagons over five years.

Texmaco Rail shares rally 8% on major export order from CAMALCO SA, Cameroon

Aman Shukla — Thu, 26 Jun 2025 03:45:50 +0000

Texmaco Rail & Engineering shares surged 8% in morning trade on June 26 after the company announced a significant international order win from CAMALCO SA, Cameroon. As of 9:15 AM, the shares were trading 6.81% higher at Rs 185.19.

The company received a Letter of Intent dated June 24, 2025, for a contract worth USD 62.24 million (approx. ₹535 crore). The deal includes manufacturing and supplying 560 open-top wagons valued at USD 32.76 million (₹282 crore), along with a 20-year maintenance contract worth USD 29.48 million (₹253 crore).

The wagons will be delivered in two phases over 24 months from the purchase order date. Additionally, the contract includes the potential for an extra 1,040 wagons to be supplied over the next five years, along with extended maintenance support.

This deal marks a major milestone in Texmaco’s global expansion strategy and highlights the company’s growing presence in international markets.

Texmaco Rail secures Rs 535 crore export order from CAMALCO SA, Cameroon

Aman Shukla — Wed, 25 Jun 2025 14:32:15 +0000

Texmaco Rail & Engineering Limited has announced a major international order win from CAMALCO SA, Cameroon. The company received a Letter of Intent on June 24, 2025, awarding a contract worth USD 62.24 million (approximately INR 535 crore). The deal includes the manufacturing and supply of 560 open-top wagons valued at USD 32.76 million (INR 282 crore) and a 20-year long-term maintenance contract worth USD 29.48 million (INR 253 crore).

This export order marks a significant step in Texmaco’s global expansion strategy. The manufacturing of wagons will be completed in two phases within 24 months from the purchase order date. Moreover, the contract includes a provision for an additional order of 1,040 wagons to be delivered over the next five years, along with extended maintenance services.

Awarded by an international client, this contract strengthens Texmaco’s position in the global railway engineering space and reflects its capabilities in delivering large-scale, long-term projects.

This development reinforces Texmaco Rail’s reputation as a reliable global supplier of rolling stock and railway infrastructure solutions.

Texmaco Rail secures Rs 122.31 crore order from Mumbai Railway Vikas Corporation

Aman Shukla — Tue, 03 Jun 2025 09:03:31 +0000

Texmaco Rail & Engineering Ltd. has announced a significant contract win from Mumbai Railway Vikas Corporation Limited (MRVC). In a regulatory filing dated June 2, 2025, the company confirmed receiving an order valued at ₹122.31 crore.

The scope of the project includes the design, supply, construction, installation, testing, and commissioning of traction transformers and associated works for the Western Railway network. The project is scheduled to be completed within a period of 30 months.

In the excahgen filing, the company shared, “We wish to inform you that Mumbai Railway Vikas Corporation Limited vide its letter dated 2 nd June, 2025 has awarded an order of Rs. 122.31 Crore to the Company for Design, Supply, Construction, Installation, Testing and Commissioning of traction transformers & associated work for Western Railway to be executed within 30 months.”

This order reinforces Texmaco Rail’s position as a key player in India’s railway infrastructure sector. With expertise in executing large-scale rail electrification and engineering projects, the company continues to support the Indian Railways’ modernization and expansion initiatives.

Texmaco Rail secures Rs 140.55 crore order from Ministry of Railways

Aman Shukla — Thu, 29 May 2025 06:27:09 +0000

Texmaco Rail & Engineering Ltd. has received a significant order from the Ministry of Railways (Railway Board) under LOA No. 2025/RS(l)/954/2TC dated May 28, 2025. The company has been entrusted with the manufacture and supply of 8 rakes of Flat Multi-Purpose Wagons, valued at ₹140.55 crore. The entire project is scheduled to be completed within six months.

In the exchange filing, the company shared, “We write to inform you that the Ministry of Railways (Railway Board) vide its LOA no. 2025/RS(l)/954/2TC dated 28th May, 2025 has awarded an order to the Company for manufacture and supply of 8 rakes of Flat Multi-Purpose Wagons to be executed within 6 months, valuing Rs. 140.55 crores.”

This strategic order reinforces Texmaco Rail’s position as a trusted partner in India’s railway infrastructure development. The Flat Multi-Purpose Wagons are designed for enhanced efficiency in cargo transport, aligning with Indian Railways’ focus on modernization and capacity expansion.

Texmaco Rail shares up nearly 3% on robust Q3 FY25 profit growth of 136% YoY

Aditya Bhagchandani — Sat, 01 Feb 2025 04:32:40 +0000

Shares of Texmaco Rail and Engineering Limited surged by 2.45% to trade at ₹201.39 following the company’s impressive Q3 FY25 financial performance. The company posted a consolidated net profit of ₹69.58 crore, representing a 136% year-on-year (YoY) increase from ₹29.36 crore in Q3 FY24.

Key financial highlights:

Total income: ₹1,33,423 crore, a 48% YoY increase from ₹90,537 crore.
Revenue from operations: ₹1,32,613 crore, up from ₹89,643 crore YoY.
Profit before tax: ₹93.13 crore, compared to ₹52.25 crore YoY.
Net profit: ₹69.58 crore, up from ₹29.36 crore YoY.

Expense breakdown:

Total expenses: ₹1,24,109 crore, up due to higher input costs.
Cost of materials consumed: ₹1,05,919 crore, compared to ₹72,405 crore in Q3 FY24.
Employee benefits expense: ₹4,408 crore, up from ₹3,612 crore YoY.

Sequential performance:

Total income: ₹1,33,423 crore, marginally lower than ₹1,36,235 crore in Q2 FY25.
Net profit: ₹69.58 crore, slightly higher than ₹67.42 crore in Q2 FY25.

Texmaco Rail’s significant growth in profitability was driven by increased order execution and enhanced cost efficiencies. The company’s strong order book and its strategic focus on operational optimization indicate sustained growth momentum in the coming quarters.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Please consult financial experts before making any investment decisions.

Texmaco Rail & Engineering announces revised CARE ratings for bank facilities

Aman Shukla — Thu, 02 Jan 2025 05:57:58 +0000

Texmaco Rail & Engineering Limited, a leading manufacturer of freight wagons and provider of railway infrastructure in India, has announced revised ratings for its short-term and long-term bank facilities.

The company’s long-term bank facilities rating has been upgraded from CARE A- (RWD) to CARE A (RWD), indicating an adequate degree of safety for timely financial obligations and low credit risk. The short-term bank facilities rating has also been upgraded from CARE A2+ (RWD) to CARE A1 (RWD), reflecting a very strong degree of safety and the lowest credit risk.

The “RWD” status indicates that the ratings are under review, with developing implications, reflecting ongoing assessments that could positively or negatively impact the company’s credit profile.

Texmaco Rail & Engineering shares opened at ₹198.50, with a high of ₹200.00 and a low of ₹196.37. The stock is currently trading well below its 52-week high of ₹296.49, showing a significant drop. The 52-week low stands at ₹142.00, highlighting the fluctuation in its performance over the past year.

Texmaco Rail shares jump 3% on Rs 187.41 crore transmission line order

Aman Shukla — Tue, 17 Dec 2024 03:50:04 +0000

Texmaco Rail & Engineering shares surged 3% after securing a significant order worth ₹187.41 crore from Chhattisgarh State Power Transmission Co. Ltd. The project involves the turnkey construction of nine 132KV transmission lines, covering approximately 291 kilometers.

The government-backed project is expected to be completed within 15 months, marking a key milestone for Texmaco Rail as it strengthens its presence in the power and transmission infrastructure sector. This latest achievement reflects the company’s steady growth and expanding portfolio.

Texmaco Rail shares opened at ₹236.00 today, reaching a high of ₹237.99 and a low of ₹233.15. The stock remains below its 52-week high of ₹296.49, while significantly above the 52-week low of ₹142.00.

As of 9:19 am, Texmaco Rail shares were trading 3.82% higher at Rs 238 on the NSE.

Texmaco Rail & Engineering secures Ts 187.41 crore order for transmission line construction

Matrika Shukla — Mon, 16 Dec 2024 12:36:48 +0000

Texmaco Rail & Engineering Limited has announced that it has received a significant order for the construction of 132KV transmission lines from Chhattisgarh State Power Transmission Co. Ltd., a government-owned entity. The total order value is approximately ₹187.41 crore. This order involves the turnkey construction of nine 132KV transmission lines, spanning an estimated 291 kilometers.

The project is scheduled to be completed within a 15-month timeline. This marks a major milestone for Texmaco Rail & Engineering as the company continues to expand its presence in the transmission and power infrastructure sectors.

This development further strengthens Texmaco’s portfolio and highlights its capabilities in executing large-scale infrastructure projects.

Texmaco Rail shares surge over 4% on strong Q2 FY25 results

Aman Shukla — Mon, 28 Oct 2024 04:08:34 +0000

Texmaco Rail shares jumped by more than 4% in early trade following the release of its robust Q2 results. The company reported a sharp increase in profit, reaching ₹74.1 crore for the quarter ended September 30, a significant rise from ₹24.6 crore in the same period last year. Revenue saw a 67% surge, hitting ₹1,346 crore, up from ₹805 crore.

Texmaco’s EBITDA also rose 74% to ₹132 crore, improving from ₹76.2 crore, with the EBITDA margin expanding to 9.8% from last year’s 9.5%.

The stock opened at ₹202.77, reaching a high of ₹208.90 and a low of ₹ 208.90.

As of 9:36 am, Texmaco Rail shares were trading 4.26% higher at Rs 206.10 on the NSE.

Texmaco Rail completes acquisition of Jindal Rail Infrastructure for Rs 614 crore, expands wagons market presence

Markets Desk — Tue, 03 Sep 2024 10:29:22 +0000

Texmaco Rail & Engineering Limited, a leading manufacturer of freight wagons and railway infrastructure in India, has completed the acquisition of Jindal Rail Infrastructure Limited (JRIL) for a final cash consideration of ₹614 crore. This acquisition, at a valuation of 8.1x FY2024 EV/EBITDA, marks a significant step in Texmaco’s strategy to enhance its market presence, capabilities, and product offerings in the railways sector.

The acquisition, which was initially announced on July 25, 2024, involves the purchase of 100% of JRIL’s share capital from its existing security holders, including JITF Urban Infrastructure Services Limited and Siddeshwari Tradex Private Limited. With this, JRIL has become a wholly-owned subsidiary of Texmaco.

JRIL, established in 2012, is known for manufacturing specialized freight wagons for the private sector in India. The company operates a manufacturing facility in Vadodara, Gujarat, spanning 123 acres, with a current capacity utilization of 50%. In FY2024, JRIL produced over 1,650 wagons, generated total revenues of ₹750.11 crore, and reported an EBITDA of ₹84.88 crore along with a profit before tax of ₹57.37 crore.

This acquisition not only enhances Texmaco’s international product portfolio but also strengthens its position in the growing market for new design rolling stocks, especially in light of the increasing demand for such products from the private sector. Additionally, Texmaco aims to leverage JRIL’s G-105 certified capabilities and expertise in manufacturing commodity-specific special-purpose wagons to supply Indian Railways.

The strategic benefits of this acquisition include the potential for vertical integration at JRIL, cost savings through bulk material purchases, and improved EBITDA margins driven by increased private sector freight car orders. Moreover, Texmaco’s expansion into Western India, facilitated by JRIL’s existing operations, is expected to strengthen its national presence and enhance its manufacturing ecosystem.

Texmaco Rail hopes for a rise in orders after securing Rs 1,374 crore deal

Dimple Gehlot — Fri, 15 Dec 2023 13:57:03 +0000

Texmaco Rail, under the leadership of Executive Director and Vice-President Indrajit Mookerjee, is gearing up for increased business prospects following a recent Rs 1,374.41 crore contract win from the Ministry of Railways. Mookerjee expressed optimism about securing more private orders and an additional government contract for 20,000 wagons in the near future.

Mookerjee revealed that the newly acquired orders are scheduled for delivery starting mid-2024, with completion expected by December 2025. The announcement propelled Texmaco Rail and Engineering shares to a 10.7% percent surge at ₹188.80 per share, reaching a 52-week high.

Texmaco Rail currently boasts an order book of 50,000 wagons from Indian Railways and 2,000 wagons from private entities. Despite the temporary suspension of the general-purpose scheme, a backlog of 4,000 pending wagon orders remains in the pipeline. Mookerjee emphasized the significant demand, estimating a success rate of 70 to 80 percent.

In October, Texmaco Rail’s joint venture with SS Fabricators and Manufacturers secured a Rs 179.89-crore order from SJVN Arun-3 Power Development Company Limited, engaged in a 900 MW run-of-the-river hydropower project in Nepal.

As part of the KK Birla Group, Texmaco Rail is an engineering and infrastructure company specializing in the manufacture of rolling stock, wagons, coaches, loco shells, hydro-mechanical equipment, and other engineering components.

Last month, the company successfully raised Rs 750 crore through a qualified institutional placement (QIP) of equity shares. The funds are earmarked for loan repayment, capital expenditures, and general corporate purposes.

Mookerjee, citing a 30 percent hit ratio, highlighted Texmaco Rail’s continuous efforts to enhance production capacity by debottlenecking its plant. This strategic move aims to position the company favorably for upcoming opportunities and timely project deliveries.