Latest news with #Texmaco
Economic Times
30-05-2025
- Business
- Economic Times
Texmaco Rail shares in focus on 2 new order wins, total order book now at Rs 7,115 cr
Texmaco Rail & Engineering shares: The first is a ₹140.55 crore order from the Ministry of Railways for advanced multi-purpose wagons, and the second is an MoU with RVNL to promote sustainable freight via new-age wagon technology. Tired of too many ads? Remove Ads Here are the details: Rs 140.55 cr order from the Ministry of Railways Tired of too many ads? Remove Ads MoU with RVNL Tired of too many ads? Remove Ads Shares of Texmaco Rail & Engineering are expected to be in the spotlight on Friday, May 30, as the company announced two major updates regarding new order wins The first is a Rs 140.55 crore order secured from the Ministry of Railways for advanced multi-purpose wagons , and the second is the signing of a Memorandum of Understanding (MoU) with Rail Vikas Nigam Limited (RVNL) to promote sustainable freight movement through new-age wagon developments indicate Texmaco's strengthening order pipeline, which now totals Rs 7,115 order, according to Texmaco's regulatory filing, adds Rs 140.55 crore to the company's order book, taking the total order book to Rs 7,115 Rail has secured a fresh order from the Ministry of Railways (Railway Board) for the supply of newly developed Flat Multi-Purpose (FMP) wagons. These advanced wagons are designed for a wide range of applications, including the movement of containers, steel coils, military vehicles, and for Roll-on/Roll-off (RoRo) freight operations.'Texmaco Rail undefined Total Order Book Value Rs 7115 Crore,' the company said in an exchange FMP wagons are expected to enhance operational flexibility, enabling Texmaco to play a larger role in India's freight corridor modernization a separate development, Texmaco Rail & Engineering informed that it has signed a Memorandum of Understanding (MoU) with Rail Vikas Nigam Limited (RVNL) to collaborate on the introduction of a new generation of eco-friendly freight advanced wagons are designed to support India's push for green, multi-modal transport infrastructure, offering improved logistics connectivity across various FMP wagon's integrated design aims to reduce carbon footprint while improving cargo efficiency, in line with the Government of India's broader sustainability and infrastructure this MoU, Texmaco is expected to contribute meaningfully to future-ready rail solutions that emphasize both environmental responsibility and logistics shares of Texmaco Rail & Engineering closed 1.25% higher at Rs 161.70 on the BSE on Thursday.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
30-05-2025
- Business
- Time of India
Texmaco Rail shares in focus on 2 new order wins, total order book now at Rs 7,115 cr
Texmaco Rail & Engineering shares: The first is a ₹140.55 crore order from the Ministry of Railways for advanced multi-purpose wagons, and the second is an MoU with RVNL to promote sustainable freight via new-age wagon technology. Tired of too many ads? Remove Ads Here are the details: Rs 140.55 cr order from the Ministry of Railways Tired of too many ads? Remove Ads MoU with RVNL Tired of too many ads? Remove Ads Shares of Texmaco Rail & Engineering are expected to be in the spotlight on Friday, May 30, as the company announced two major updates regarding new order wins The first is a Rs 140.55 crore order secured from the Ministry of Railways for advanced multi-purpose wagons , and the second is the signing of a Memorandum of Understanding (MoU) with Rail Vikas Nigam Limited (RVNL) to promote sustainable freight movement through new-age wagon developments indicate Texmaco's strengthening order pipeline, which now totals Rs 7,115 order, according to Texmaco's regulatory filing, adds Rs 140.55 crore to the company's order book, taking the total order book to Rs 7,115 Rail has secured a fresh order from the Ministry of Railways (Railway Board) for the supply of newly developed Flat Multi-Purpose (FMP) wagons. These advanced wagons are designed for a wide range of applications, including the movement of containers, steel coils, military vehicles, and for Roll-on/Roll-off (RoRo) freight operations.'Texmaco Rail undefined Total Order Book Value Rs 7115 Crore,' the company said in an exchange FMP wagons are expected to enhance operational flexibility, enabling Texmaco to play a larger role in India's freight corridor modernization a separate development, Texmaco Rail & Engineering informed that it has signed a Memorandum of Understanding (MoU) with Rail Vikas Nigam Limited (RVNL) to collaborate on the introduction of a new generation of eco-friendly freight advanced wagons are designed to support India's push for green, multi-modal transport infrastructure, offering improved logistics connectivity across various FMP wagon's integrated design aims to reduce carbon footprint while improving cargo efficiency, in line with the Government of India's broader sustainability and infrastructure this MoU, Texmaco is expected to contribute meaningfully to future-ready rail solutions that emphasize both environmental responsibility and logistics shares of Texmaco Rail & Engineering closed 1.25% higher at Rs 161.70 on the BSE on Thursday.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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Business Standard
29-05-2025
- Automotive
- Business Standard
Texmaco bags ₹140 cr order to supply multi-purpose wagons to Railways
Texmaco Rail & Engineering Ltd., a listed company under Adventz Group, has secured a fresh order worth ₹140.55 crore from the Ministry of Railways for supplying flat multi-purpose wagons. The order is part of the government's push to modernise and improve the country's freight operations. With this order, Texmaco's total order book has reached ₹7,115 crore. The flat multi-purpose (FMP) wagons are designed to cater to several industries, supporting the movement of steel coils, containers, military vehicles, and Roll-on/Roll-off (RoRo) operations. The FMPs are built to meet the increasing needs of modern freight logistics, offering higher efficiency and adaptability. They can also transport ISO containers (one 40-foot or two 20-foot units), enhancing the country's cargo-handling capacity; trucks (loaded or empty) through RoRo methods, helping speed up freight movement; and military vehicles, ensuring quick and safe transport for defence needs. Induction of the FMP wagon also ties into broader goals around sustainability and integrated transport. These wagons aim to modernise infrastructure and encourage greener freight solutions by supporting multi-modal transport. Their design helps cut down freight costs and delivery times. "This latest order is a testament to India's commitment to modernising its railway fleet with next-generation freight solutions," said Indrajit Mookerjee, vice chairman and executive director of Texmaco Rail & Engineering Ltd. "With these versatile wagons, Texmaco is proud to contribute to the nation's transportation infrastructure and economic progress." "Texmaco remains dedicated to providing state-of-the-art railway solutions that enhance connectivity and streamline cargo movement across critical sectors such as defence, steel, and container logistics," said Sudipta Mukherjee, managing director of Texmaco Rail & Engineering Ltd. Texmaco operates across three segments — freight wagons, infra-rail and green energy, and electrical infra. Headquartered in Kolkata, the company runs seven manufacturing plants across West Bengal, Gujarat, and Chhattisgarh. It also has partnerships with firms like Wabtec and Touax to increase its footprint in international markets.
Mint
29-05-2025
- Business
- Mint
Texmaco Rail share price edges higher after receipt of ₹140 crore order from Railway Ministry. Do you own?
Multibagger small-cap stock Texmaco Rail gained in an otherwise choppy market on Thursday, May 29, buoyed by an order from the Ministry of Railways worth ₹ 140.55 crore. The wagon manufacturer, in an exchange filing today, informed that it has bagged an order for the manufacture and supply of 8 rakes of Flat Multi-Purpose Wagons. The order has to be completed in six months. "Pursuant to Regulation 30, we write to inform you that the Ministry of Railways (Railway Board) vide its LOA no. 2025/RS(l)/954/2TC dated 28th 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 crores," Texmaco said in a filing. Following the order win announcement, railway stock Texmaco Rail erased early morning losses and traded in the green. Texmaco share price hit the day's high of ₹ 162.85 as against the last closing price of ₹ 159.07, recording an upside on 1.97%. However, from its intraday day low level of ₹ 158.10, the gains amounted to 3%. So far in 2025, Texmaco Rail stock has lost 18% of its value. But has emerged as a multibagger stock over the longer time frame. The small-cap railway wagon manufacturer has risen 184.45% in the last two years and 682% in the last five years, amid a stellar run in railway stocks. Despite the stellar gains visible in Texmaco Rail stock, the company's performance was poor during the March quarter of financial year 2024-25. Texmaco reported a 13.5% year-on-year decline in consolidated net profit to ₹ 39 crore in the March quarter, impacted by lower margins and supply constraints, despite higher revenues. Revenue from operations in January-March rose 17.6% to ₹ 1,346 crore from ₹ 1,145 crore a year earlier. The company attributed the drop in profit and margin to a short supply of wheel sets from the Rail Wheel Factory, which disrupted freight car deliveries during the quarter. Texmaco delivered 2,597 freight cars in Q4, down from 2,714 units in Q3. Its order book stood at ₹ 6,766 crore as of March 31, 2025. The company delivered 10,612 freight cars during the year, registering a 51 per cent growth over FY'24. For FY26, the small-cap company is targeting an EBITDA margin of 12-13% by March 2026, up from 10.3% in the 2024-25 fiscal, driven by improved operational efficiency and business restructuring initiatives.
Mint
29-05-2025
- Business
- Mint
Texmaco Rail share price edges higher after receipt of ₹140 crore order from Railway Ministry. Do you own?
Multibagger small-cap stock Texmaco Rail gained in an otherwise choppy market on Thursday, May 29, buoyed by an order from the Ministry of Railways worth ₹ 140.55 crore. The wagon manufacturer, in an exchange filing today, informed that it has bagged an order for the manufacture and supply of 8 rakes of Flat Multi-Purpose Wagons. The order has to be completed in six months. "Pursuant to Regulation 30, we write to inform you that the Ministry of Railways (Railway Board) vide its LOA no. 2025/RS(l)/954/2TC dated 28th 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 crores," Texmaco said in a filing. Following the order win announcement, railway stock Texmaco Rail erased early morning losses and traded in the green. Texmaco share price hit the day's high of ₹ 162.85 as against the last closing price of ₹ 159.07, recording an upside on 1.97%. However, from its intraday day low level of ₹ 158.10, the gains amounted to 3%. So far in 2025, Texmaco Rail stock has lost 18% of its value. But has emerged as a multibagger stock over the longer time frame. The small-cap railway wagon manufacturer has risen 184.45% in the last two years and 682% in the last five years, amid a stellar run in railway stocks. Despite the stellar gains visible in Texmaco Rail stock, the company's performance was poor during the March quarter of financial year 2024-25. Texmaco reported a 13.5% year-on-year decline in consolidated net profit to ₹ 39 crore in the March quarter, impacted by lower margins and supply constraints, despite higher revenues. Revenue from operations in January-March rose 17.6% to ₹ 1,346 crore from ₹ 1,145 crore a year earlier. The company attributed the drop in profit and margin to a short supply of wheel sets from the Rail Wheel Factory, which disrupted freight car deliveries during the quarter. Texmaco delivered 2,597 freight cars in Q4, down from 2,714 units in Q3. Its order book stood at ₹ 6,766 crore as of March 31, 2025. The company delivered 10,612 freight cars during the year, registering a 51 per cent growth over FY'24. For FY26, the small-cap company is targeting an EBITDA margin of 12-13% by March 2026, up from 10.3% in the 2024-25 fiscal, driven by improved operational efficiency and business restructuring initiatives. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
