Texmaco Rail & Engineering Limited, a leading freight wagon manufacturer and railway infrastructure company, announced its unaudited consolidated results for Q1 FY26, ended June 30, 2025. The company posted revenue from operations of ₹911 crore, EBITDA of ₹79 crore with a margin of 8.7%, and profit after tax (PAT) of ₹29 crore at a margin of 3.2%. Its order book remained strong at ₹7,053 crore, providing solid execution visibility for the coming quarters.
Commenting on the results, Indrajit Mookerjee, Executive Director & Vice Chairman, said, “Q1 FY26 saw revenue moderation due to supply constraints in wagon wheelsets from Indian Railways, but this issue has now been resolved. With a healthy order pipeline across rolling stock, traction, and international projects, we are confident about growth in the upcoming quarters. The government’s emphasis on modernising freight corridors and logistics continues to create new opportunities. Our recent MoU with Rail Vikas Nigam Limited (RVNL) is an important step in strengthening our presence in manufacturing and technology-driven areas while expanding our global reach.”
Sudipta Mukherjee, Managing Director, added, “During the quarter, we delivered 1,815 freight cars and 8,667 MT from our Foundry Division, alongside significant supply of components. Large orders from Indian Railways for traction transformers, wagons, and maintenance reaffirm our leadership in the freight rolling stock segment. On the global front, we secured one of the largest export contracts by any Indian freight rolling stock manufacturer, as well as a 20-year maintenance contract in Africa. We are committed to expanding exports while consolidating our domestic leadership.”
Texmaco Rail & Engineering Limited reported consolidated revenue from operations of ₹911 crore in the first quarter of FY26, reflecting the company’s steady performance despite supply chain challenges in the railway sector. The company achieved an EBITDA of ₹79 crore, translating into a margin of 8.7%, supported by its diversified operations and execution strength across freight rolling stock and infrastructure.
Profit after tax for the quarter stood at ₹29 crore, representing a margin of 3.2%. While the quarter was impacted by temporary supply constraints, Texmaco’s robust operations across wagon manufacturing, traction equipment, and foundry production helped sustain profitability. The company also benefited from export contracts and long-term maintenance projects, strengthening earnings visibility.
As of June 30, 2025, the company’s order book stood at ₹7,053 crore, providing healthy execution visibility for the coming quarters. Adding to its financial resilience, CARE Ratings upgraded Texmaco’s long-term credit facilities to CARE A (Stable), while reaffirming its short-term rating at CARE A1, reflecting the company’s strong position in the railway and infrastructure sector.
Part of the Adventz Group, Texmaco Rail & Engineering Limited is a listed company headquartered in Kolkata, with seven manufacturing units in West Bengal, Gujarat, and Chhattisgarh. It operates across three verticals — Freight Cars, Infra–Rail & Green Energy, and Infra–Electrical. The company manufactures wagons, loco components, hydro-mechanical equipment, bridges, and steel structures for Indian Railways, private players, and international markets. With joint ventures involving Wabtec and Touax, Texmaco has built strong global linkages. As one of India’s leading exporters of railway equipment, Texmaco plays a key role in the ‘Atmanirbhar Bharat’ initiative, reinforcing India’s footprint in global railway manufacturing.
