Texmaco Rail and Engineering Ltd has secured a significant international deal valued at $62.24 million (approximately ₹535 crore) from CAMALCO SA of Cameroon, the company announced on June 25. The contract consists of two major parts: the production and delivery of 560 open-top wagons worth $32.76 million (₹282 crore), and a 20-year maintenance agreement valued at $29.48 million (₹253 crore).
The wagon supply will be carried out in two phases over 24 months from the order date. Additionally, the contract includes the option for further orders of 1,040 wagons over the next five years, along with long-term maintenance, potentially increasing the contract’s overall value and scope.
Texmaco Rail & Engineering reported a 17.5% year-on-year increase in revenue for the fourth quarter, reaching ₹1,346.4 crore, driven by steady progress in its railway and engineering divisions. Operating profit also saw a rise, with EBITDA growing by 14.7% to ₹97.6 crore, while margins remained stable at 7.3%.
However, the company’s net profit saw a 12% decrease, falling to ₹40 crore compared to ₹45 crore during the same period last year. Texmaco Rail & Engineering Ltd, a prominent player in India’s infrastructure sector, has established itself as a leading manufacturer of railway rolling stock, including wagons, coaches, and locomotives.
Founded in 1958, the company has grown to become one of the most trusted names in the rail industry, providing comprehensive solutions for both domestic and international markets. With a strong emphasis on innovation, quality, and operational excellence, Texmaco plays a critical role in supporting the growth of India’s rail infrastructure.
The company operates across multiple segments, including railway engineering, steel structures, and power transmission. It has built a reputation for delivering cutting-edge products and services, with a focus on meeting the evolving needs of the transportation and infrastructure sectors. Texmaco is known for its state-of-the-art manufacturing facilities and a skilled workforce that ensures high standards of performance.
In addition to its success in the Indian market, Texmaco has expanded its global presence, securing major international contracts for the supply of railway equipment and long-term maintenance services. Through strategic partnerships, technological advancements, and a commitment to sustainability, Texmaco Rail & Engineering continues to drive progress in the rail and engineering industries, contributing significantly to the modernization of rail networks worldwide.
