Texmaco Rail & Engineering Ltd

Texmaco Rail & Engineering Reports Strong Order Book & Expansion Plans 🚆📈

- Order book as of June 30, 2025: ₹7,053 crores, ensuring strong future execution visibility.

- Q1 FY26 revenue: ₹911 crores; EBITDA at ₹79 crores (8.7% margin), PAT at ₹29 crores (3.2% margin).

- Delivered 1,815 freight cars in Q1; Foundry division sold 8,667 metric tons.

- Revenue dip in Q1 due to wagon wheel set shortages (now resolved).

- Secured major orders: 20-year Africa maintenance contract & Middle East traction projects.

- Signed MoU with RVNL to boost manufacturing, infrastructure, and tech-driven projects.

- CARE upgraded long-term rating to 'CARE A' (stable); short-term reaffirmed at 'CARE A1'.

- Expanding foundry capacity and optimizing facilities to meet rising demand.

- Targets double-digit EBITDA margins in FY26 (aiming for lower teens).

- Exploring wheel set manufacturing opportunities (no commitments yet).