Texmaco Rail & Engineering Ltd

The partnership aims to build a rolling stock powerhouse and expand Texmaco's rail EPC footprint across India. Officials said the collaboration will accelerate the country's rail manufacturing capabilities and strengthen its position as a global infrastructure solutions provider. The JV marks a significant step in India's push to enhance domestic rail production and meet growing demand for modern, efficient rail systems. The JV will focus on advanced rolling stock, lifecycle maintenance, asset management, and large-scale EPC projects in India and abroad. Combining Texmaco's manufacturing agility (49% stake) with RVNL's public-sector execution, the partnership aims to deliver cost-competitive, high-quality integrated rail solutions. The JV aims to position India as a global hub for rolling stock and rail infrastructure by promoting technology indigenisation, local supply chains, and export-ready platforms. It is expected to boost industrial activity, support MSMEs, create thousands of skilled jobs, and integrate sustainable practices. Beyond India, the venture will pursue projects across Asia, Africa, and the Middle East, delivering end-to-end rail solutions and reinforcing India's global industrial footprint. Saroj Kumar Poddar, Chairman, Texmaco Rail & Engineering, said, 'The alliance brings together Texmaco's industrial manufacturing scale and export reach with RVNL's proven execution track record in complex rail EPC projects, creating a powerful institutional platform aligned with the Government of India's Aatmanirbhar Bharat vision.' Indrajit Mookerjee, Vice Chairman & Executive Director, Texmaco Rail & Engineering, said, 'This partnership represents a transformational step in building globally competitive rail capabilities from India. By aligning manufacturing excellence with execution expertise, we are creating a platform that can deliver integrated rail solutions for both national priorities and international markets.' Sudipta Mukherjee, Managing Director, Texmaco Rail & Engineering, stated, 'This joint venture represents a unique public'private partnership aligned with the Hon'ble Railway Minister's pursuit of excellence and the Hon'ble Prime Minister's dynamic vision of Aatmanirbhar Bharat. It reflects our shared commitment to shaping the future of rail mobility through next-generation freight, locomotive, passenger, and metro systems. The collaboration will accelerate innovation, strengthen export competitiveness, and reinforce India's position on the global rail map.' Saleem Ahmad, Chairman & Managing Director, Texmaco Rail & Engineering, stated, 'This JV is not merely a corporate collaboration but a strategic platform for national infrastructure advancement. It will unlock long-term value through scale, technology adoption, and global project participation.' Texmaco Rail & Engineering (TEXMACO) is a listed company and part of the Adventz Group. Texmaco is a key player in the railway and infrastructure sector. It operates across three business segments: Freight Cars, Rail Infrastructure & Green Energy, and Infrastructure ' Electrical. Rail Vikas Nigam is engaged in executing a wide range of railway infrastructure projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, cable-stayed bridges, and institutional buildings. Shares of Texmaco Rail & Engineering slipped 0.93% to Rs 111.25, while Rail Vikas Nigam rose 1.11% to Rs 310.15 on the BSE. Powered by Capital Market - Live

Texmaco Rail & Engineering has received a contract worth Rs 219.18 crore for design, supply, installation, testing and commissioning of signalling equipments/gears in connection with Construction of Proposed line in Mumbai Suburban under (MUTP-IIIA) from Mumbai Railway Vikas Corporation. Powered by Capital Market - Live

According to an exchange filing, the contract involves the design, supply, installation, testing and commissioning of signalling equipment in connection with the construction of a proposed line under the Mumbai Suburban Railway Project (MUTP-IIIA). The work is to be completed within 36 months from issuance of Notice to Proceed. The company also clarified that none of its promoters or promoter group members have any interest in the awarding entity. The company also confirmed that the contract does not qualify as a related-party transaction under applicable regulatory norms. The company said the project is scheduled to be completed within 36 months from the date of issuance of the Notice to Proceed. Texmaco Rail clarified that none of its promoters or promoter group entities have any interest in the awarding authority. It also confirmed that the contract does not fall under the ambit of related-party transactions as per applicable regulatory norms. Texmaco Rail & Engineering (TEXMACO) is a listed company and part of the Adventz Group. Texmaco is a key player in the railway and infrastructure sector. It operates across three business segments: Freight Cars, Rail Infrastructure & Green Energy, and Infrastructure ' Electrical. The company reported a 44.65% decline in consolidated net profit to Rs 42.27 crore in Q3 FY26, compared to Rs 76.38 crore posted in Q3 FY25. Revenue from operations fell 21.45% year-on-year (YoY) to Rs 1,041.59 crore in the quarter ended 31 December 2025. Powered by Capital Market - Live

The order involves comprehensive annual maintenance and breakdown restoration of Overhead Equipment (OHE) and power supply installations across the Mysore Division, covering 1,046 track kilometres (TKM) of electrification infrastructure and associated electrical assets. The contract is to be executed within 24 months from the date of issuance of the Letter of Acceptance. The company said that neither the promoter nor promoter group has any interest in the awarding entity, and the transaction does not fall under related party transactions. Texmaco Rail & Engineering (TEXMACO) is a listed company and part of the Adventz Group. Texmaco is a key player in the railway and infrastructure sector. It operates across three business segments: Freight Cars, Rail Infrastructure & Green Energy, and Infrastructure ' Electrical. The company reported a 44.65% decline in consolidated net profit to Rs 42.27 crore in Q3 FY26, compared to Rs 76.38 crore posted in Q3 FY25. Revenue from operations fell 21.45% year-on-year (YoY) to Rs 1,041.59 crore in the quarter ended 31 December 2025. Shares of Texmaco Rail & Engineering fell 1.81% to Rs 111.50 on the BSE. Powered by Capital Market - Live

Texmaco Rail & Engineering has received an order from South Western Railway for undertaking comprehensive annual maintenance and breakdown restoration of Overhead Equipment (OHE) and power supply installations across the Mysore Division for a period of two-years covering 1,046 track kilometres (TKM) of electrification infrastructure and associated electrical assets. The total contract value is Rs 27.67 crore (inclusive of GST), equivalent to approximately Rs 23.45 crore (excluding GST). Under the mandate, Texmaco will undertake routine, emergency, and preventive maintenance to ensure reliable, efficient, and uninterrupted operation of traction power systems across the division. With this order, Texmaco's cumulative OHE and power supply maintenance portfolio expands to 3,702.62 TKM across multiple railway divisions and corridors of Indian Railways, including the Bengaluru Division and select sections of Dedicated Freight Corridor Corporation of India, further strengthening its credentials in railway electrification services.Powered by Capital Market - Live

Revenue from operations fell 21.45% year-on-year (YoY) to Rs 1,041.59 crore in the quarter ended 31 December 2025. Profit before tax from continuing operations fell 36.72% to Rs 63.05 crore in Q3 FY26 as against Rs 99.64 crore in Q3 FY25. On the expenses front, the company's total expenses amounted to Rs 996.09 crore (down 19.74% YoY), employee expenses stood at Rs 45.03 crore (up 2.15% YoY) and other expenses were Rs 39.43 crore (down 14.81% YoY). During the quarter, Texmaco continued to deepen its engagement with Indian Railways, advancing its growth strategy by securing multiple orders across rail electrification, freight mobility, and metro rail infrastructure. Alongside, the company is actively exploring future-ready product segments, including export-led foundry expansion, infrastructure business growth, new rolling stock markets, wheelsets under the building-block model, metro and EMU coaches, fabricated bogies, propulsion systems, MSDAC, Kavach, ELS, as well as diversification into iron pellet trading and GCC expansion. The operating environment for the rail sector remains supportive. The Union Budget 2026'27 allocated a record Rs 2.93 lakh crore to Indian Railways, with a strong focus on electrification, freight capacity enhancement, safety infrastructure, and high-speed rail corridors. These priorities are expected to drive sustained public investment across network expansion, high-density routes, and traction and maintenance upgrades, closely aligning with Texmaco's long-term growth roadmap. On the ESG front, Texmaco reaffirmed its commitment to sustainability. During the year, the company commissioned a 10 MW solar power plant at its Urla Foundry in Raipur, significantly reducing its carbon footprint. At the Belgharia Foundry in Kolkata, one high-tension furnace was converted from LDO to LPG, further lowering emissions. Reflecting improved governance and operational practices, CRISIL upgraded Texmaco's ESG rating to 51 from 50, placing it in the 'Adequate' risk category, while ESG Risk Assessments & Insights assigned an ESG score of 43. Indrajit Mookerjee, Vice Chairman & Executive Director, said, 'During Q3 FY26, Texmaco reported revenue of Rs 1,042 crore, EBITDA of Rs 102 crore with a margin of 9.6%, and PAT of Rs 42 crore. He noted that while revenues were impacted by transient supply-side constraints and export headwinds, operational discipline and cost control supported margin stability, adding that the company's three-pillar growth strategy positions it for sustainable and scalable value creation as sector conditions normalise.' Sudipta Mukherjee, managing director, said, 'Operational momentum remained steady during the quarter, with deliveries of over 2,000 freight cars and continued progress across rail electrification and infrastructure projects. He added that the company remains focused on disciplined execution, selective bidding, and expanding its addressable market through mobility and technology-led initiatives, supported by a strong policy and investment environment.' Texmaco Rail & Engineering (TEXMACO) is a listed company and part of the Adventz Group. Texmaco is a key player in the railway and infrastructure sector. It operates across three business segments: Freight Cars, Rail Infrastructure & Green Energy, and Infrastructure ' Electrical. Powered by Capital Market - Live

Net profit of Texmaco Rail & Engineering declined 44.16% to Rs 42.84 crore in the quarter ended December 2025 as against Rs 76.72 crore during the previous quarter ended December 2024. Sales declined 21.46% to Rs 1041.60 crore in the quarter ended December 2025 as against Rs 1326.14 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1041.601326.14 -21 OPM %8.519.85 - PBDT77.74103.94 -25 PBT66.0793.14 -29 NP42.8476.72 -44 Powered by Capital Market - Live

Texmaco Rail & Engineering will hold a meeting of the Board of Directors of the Company on 9 February 2026.Powered by Capital Market - Live

Texmaco Rail & Engineering announced that IVC Logistics has awarded an order of Rs. 62.21 crore for supply of rakes of ACT1 Wagons along with BVCM Design-C Wagon. Powered by Capital Market - Live

Texmaco Rail & Engineering announced that APL Logistics Vascor Automotive has awarded an order of Rs. 64.06 crore for supply of rakes of ACT1 Wagons along with brake vans type BVCM.Powered by Capital Market - Live