Texmaco Rail & Engineering Ltd

Mumbai Railway Vikas Corporation vide its letter dated 2 June 2025 has awarded an order of Rs. 122.31 crore to Texmaco Rail & Engineering for Design, Supply, Construction, Installation, Testing and Commissioning of traction transformers & associated work for Western Railway to be executed within 30 monthPowered by Capital Market - Live

The order is for the design, supply, construction, installation, testing, and commissioning of traction transformers and associated works for Western Railway. The project is scheduled to be executed within 30 months. Texmaco Rail & Engineering is a diversified heavy engineering company, with products including railway freight wagons, hydro-mechanical equipment and industrial structures for infrastructure industry, locomotive components and locomotive shells, railway bridges, steel castings, pressure vessels, etc. The company has reported 13.5% decline in consolidated net profit to Rs 39 crore despite a 17.6% rise in revenue from operations to Rs 1,346 crore in Q4 FY25 as compared with Q4 FY24. Shares of Texmaco Rail & Engineering shed 0.43% to Rs 160.80 on the BSE. Powered by Capital Market - Live

Texmaco Rail & Engineering announced that the Ministry of Railways (Railway Board) vide its LOA dated 28 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 crore. Powered by Capital Market - Live

As per the terms of the order, the company would manufacture and supply 8 rakes of flat multi-purpose wagons within a period of 6 months. Texmaco Rail & Engineering is a diversified heavy engineering company, with products including railway freight wagons, hydro-mechanical equipment and industrial structures for infrastructure industry, locomotive components and locomotive shells, railway bridges, steel castings, pressure vessels, etc. The company has reported 13.5% decline in consolidated net profit to Rs 39 crore despite a 17.6% rise in revenue from operations to Rs 1,346 crore in Q4 FY25 as compared with Q4 FY24. Powered by Capital Market - Live

On the expenses front, raw material costs amounted to Rs 1,079 crore (up 9.5% YoY), employee expenses added up to Rs 44 crore (up 21.1% YoY) and other expenses aggregated to Rs 70 crore (up 46.9% YoY). EBITDA improved by 10.8% YoY to Rs 114 crore during the quarter. EBITDA margin for the fourth quarter was 8.5% as against 9.0% in the same period last year. Depreciation charges and interest payments for Q4 FY25 were Rs 11 crore (up 24.4% YoY) and Rs 34 crore (up 24.0% YoY), respectively. For FY25, Texmaco Rail has registered a net profit of Rs 249 crore (up 2.2x YoY) and revenue of Rs 5,107 crore (up 45.8% YoY). Texmaco Rail & Engineering is a diversified heavy engineering company, with products including railway freight wagons, hydro-mechanical equipment and industrial structures for infrastructure industry, locomotive components and locomotive shells, railway bridges, steel castings, pressure vessels, etc. The scrip had gained 5.49% to end at Rs 163.25 on the BSE on Friday. Powered by Capital Market - Live

Net profit of Texmaco Rail & Engineering declined 12.25% to Rs 39.77 crore in the quarter ended March 2025 as against Rs 45.32 crore during the previous quarter ended March 2024. Sales rose 17.63% to Rs 1346.36 crore in the quarter ended March 2025 as against Rs 1144.56 crore during the previous quarter ended March 2024. For the full year,net profit rose 120.10% to Rs 249.18 crore in the year ended March 2025 as against Rs 113.21 crore during the previous year ended March 2024. Sales rose 45.78% to Rs 5106.57 crore in the year ended March 2025 as against Rs 3502.87 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1346.361144.56 18 5106.573502.87 46 OPM %7.257.31 -9.157.52 - PBDT79.9175.47 6 387.75200.40 93 PBT69.0266.71 3 344.61162.19 112 NP39.7745.32 -12 249.18113.21 120 Powered by Capital Market - Live

Texmaco Rail & Engineering announced that the Board of Directors of the Company at its meeting held on 16 May 2025, inter alia, have recommended the final dividend of Rs 0.75 per equity Share (i.e. 75%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Texmaco Rail & Engineering will hold a meeting of the Board of Directors of the Company on 16 May 2025.Powered by Capital Market - Live

Kishor Kumar Rajgaria, 56 years old, is a qualified chartered accountant, company secretary, and cost accountant. He has over two decades of experience in business planning, taxation, costing, internal auditing, and legal and secretarial functions. Rajgaria is currently designated as the joint chief financial officer, company secretary, and compliance officer of the company. He was previously associated with Texmaco Infrastructure & Holdings as CFO since 2015 and served as the deputy group CFO at the Institute of Management Technologies. In addition, the company's board has also approved the appointment of Sandeep Kumar Sultania as the new company secretary and compliance officer, effective from 1 April 2025. Sandeep Kumar Sultania is a qualified chartered accountant, company secretary, cost & management accountant, and holds a Master's degree in Business Finance. His educational background also includes a Master's degree in Commerce, a Diploma in Information and System Audit, and certifications in International Financial Reporting Standards (IFRS) and SAP ERP. He is a life member of both the Direct Taxes Professionals' Association and the VIP Road Chartered Accountants' Association. Sultania has over 27 years of experience in strategic finance, financial planning, financial accounting, fundraising, auditing, taxation, system automation, secretarial, and compliance. He has held senior leadership positions, including CFO and Company Secretary, at several prominent listed companies such as Manaksia, SREI, and Emami. Prior to joining Texmaco Rail & Engineering, Sultania served as the Head of Business Finance and Company Secretary at Emami. Texmaco Rail & Engineering is a diversified heavy engineering company, with products including railway freight wagons, hydro-mechanical equipment and industrial structures for infrastructure industry, locomotive components and locomotive shells, railway bridges, steel castings, pressure vessels, etc. The company's consolidated net profit soared 151.6% to Rs 76.72 crore on 47.9% jump in revenue from operations to Rs 1,326.14 crore in Q3 FY25 over Q3 FY24. The counter slipped 4.33% to settle at Rs 140.20 on the BSE. Powered by Capital Market - Live

The key equity benchmarks continued to trade with major gains in mid-morning trade. The Nifty traded near the 23,350 mark. Media shares witnessed buying demand for fourth consecutive trading session. At 11:25 IST, the barometer index, the S&P BSE Sensex, advanced 507.25 points or 0.66% to 76,854.73. The Nifty 50 index rallied 152.45 points or 0.66% to 23,343.10. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index added 0.97% and the S&P BSE Small-Cap index jumped 1.55%. The market breadth was strong. On the BSE, 2,827 shares rose and 920 shares fell. A total of 173 shares were unchanged. Buzzing Index: The Nifty Media index rose 2.29% to 1,549.20. The index jumped 8.45% in the four consecutive trading sessions. Network 18 Media & Investments (up 5.93%), Zee Entertainment Enterprises (up 3.98%), Dish TV India (up 3.22%), Hathway Cable & Datacom (up 2.44%), Den Networks (up 2.23%), Sun TV Network (up 2.19%), Saregama India (up 1.72%), PVR Inox (up 1.04%), Tips Music (up 0.82%) and Nazara Technologies (up 0.19%) advanced. Stocks in Spotlight: Texmaco Rail & Engineering jumped 4.17% after the company announced that it has invested into a wholly-owned subsidiary, Texmaco Middle East DMCC (Texmaco MED). Container Corporation of India (CONCOR) rose 1.61% after the company said that it has placed an Rs 192 crore order with GATX India for the supply of 10 rakes of BLSS wagons (spine cars) on an operating lease for a period of 10 years. Hindustan Construction Company (HCC) surged 11.95% after the company announced that its 50:50 joint venture with Tata Projects Limited (TPL) has been awarded a Rs 2,470 crore contract by Tata Power Company. Global Markets: Most Asian stocks declined on Friday as investors remained cautious about prolonged high-interest rates and the potential for increased trade tariffs under President Donald Trump. Earlier this week, Trump announced that broad reciprocal tariffs, along with sector-specific duties, would take effect on April 2, fueling uncertainty in global markets. Japanese consumer price index inflation grew slightly more than expected in February, with a rise in underlying inflation fueling bets that the Bank of Japan will keep raising interest rates this year. National CPI rose 3.7% year-on-year, slightly cooling from January's 4.0%. Core CPI, which excludes fresh food prices, increased 3.0%, compared to 3.2% in January. A more refined core measure, excluding both fresh food and energy, climbed 2.6%, up from 2.5% the previous month. Inflation is still well above the BOJ's 2% target. The Bank of England kept interest rates unchanged on Thursday, maintaining the benchmark rate at 4.5%. This decision comes as the U.K. economy grapples with global trade uncertainties and the potential for stagnation domestically. U.S. stock indices reversed early gains to close lower on Thursday, hovering near six-month lows as investor sentiment remained fragile. The S&P 500 fell 0.2% on Friday. The NASDAQ Composite fell 0.3%, while the Dow Jones Industrial Average closed flat. Microchip Technology Inc. tumbled 6.5% after announcing plans to raise $1.35 billion through convertible stock to repay debt and enter a capped call transaction. Darden Restaurants surged 5% after reporting strong Q3 fiscal 2025 earnings. Trump's tariff strategy remains a major market concern, especially as he wavers on measures against Canada and Mexico. Meanwhile, China, the eurozone, and other affected regions have outlined retaliatory tariffs, heightening fears of a full-blown trade war. The US Labor Department data showed that first-time unemployment claims inched up last week. Initial jobless claims rose to 223,000 for the week ending March 15, up from a revised 221,000 in the previous week.Powered by Capital Market - Live