Latest news with #TexmacoRail&Engineering
Business Standard
11 hours ago
- Business
- Business Standard
Texmaco Rail slides after Q1 PAT drops 50% YoY to Rs 30 cr
Texmaco Rail & Engineering slipped 3.37% to Rs 136.15 after the company reported a 49.87% decline in consolidated net profit to Rs 29.99 crore in Q1 FY26, compared to Rs 59.83 crore posted in Q1 FY25. Revenue from operations fell 16.32% year-on-year (YoY) to Rs 910.60 crore in the quarter ended 30 June 2025. On the expenses front, the companys total expenses amounted to Rs 881.26 crore (down 13.58% YoY), employee expenses stood at Rs 44.64 crore (up 11.85% YoY) and other expenses were Rs 30.77 crore (down 17.12% YoY). During the quarter, the company reported EBITDA of Rs 79 crore with a margin of 8.7%. The companys order book stood at Rs 7,053 crore as of 30 June 2025, providing strong visibility for execution in the coming quarters. Indrajit Mookerjee, executive director & vice chairman, Texmaco Rail & Engineering, highlighted by saying, While Q1 FY26 saw a decline in revenue primarily due to short supply of wagon wheelsets from Indian Railways, these issues has since been resolved. Our strong order book and ongoing projects across rolling stock, traction, and international markets give us confidence in our growth trajectory. The expansion of Indias rail infrastructure, coupled with the governments focus on modernising freight corridors and logistics networks, continues to drive opportunities for Texmaco. Our recent MoU with Rail Vikas Nigam Limited (RVNL) is a strategic step towards enhancing our capabilities in manufacturing, infrastructure, and technology-driven areas, further strengthening our position in global markets. Sudipta Mukherjee, managing director, Texmaco Rail & Engineering, emphasised by saying, During the quarter, we delivered 1,815 freight cars and 8,667 MT from our Foundry Division, which also supported component supplies. Significant order wins from Indian Railways for traction transformers, wagon manufacturing, and maintenance reaffirm our leadership in freight rolling stock. On the international front, we secured one of the largest export contracts ever by an Indian Freight Rolling Stock company and a 20-year maintenance contract in Africa. Expanding our global footprint, we continue to have focus on extended reach in exports & maintain our leadership in Domestic market. Texmaco Rail & Engineering (TEXMACO), a listed entity under the Adventz Group, is a prominent player in Indias railway and infrastructure sector. The company operates through three core business segments: Freight Cars, InfraRail & Green Energy, and InfraElectrical. The company specializes in manufacturing rolling stock, locomotive components, hydro-mechanical equipment, railway infrastructure, bridges, and steel structures. It is also a leading supplier of freight cars to Indian Railways.
Business Standard
12 hours ago
- Business
- Business Standard
Texmaco Rail & Engineering consolidated net profit declines 49.87% in the June 2025 quarter
Sales decline 16.32% to Rs 910.60 crore Net profit of Texmaco Rail & Engineering declined 49.87% to Rs 29.99 crore in the quarter ended June 2025 as against Rs 59.83 crore during the previous quarter ended June 2024. Sales declined 16.32% to Rs 910.60 crore in the quarter ended June 2025 as against Rs 1088.20 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 910.601088.20 -16 OPM % 7.799.82 - PBDT 54.52101.94 -47 PBT 43.6691.39 -52 NP 29.9959.83 -50
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Business Standard
12 hours ago
- Business
- Business Standard
Texmaco Rail shares decline 4% as Q1 profit growth halves; details here
Shares of Texmaco Rail & Engineering fell over 4 per cent after the company's profit growth nearly halved in the first quarter of the financial year 2026 (Q1FY26). The industrial products maker's stock fell as much as 4.5 per cent during the day to ₹134.6 per share, the biggest intraday fall since June 19 this year. The stock pared losses to trade 4.2 per cent lower at ₹133.5 apiece, compared to a 0.06 per cent advance in Nifty 50 as of 12:03 PM. Shares of the company snapped a three-day decline and currently trade at over 2.5 times the average 30-day trading volume, according to Bloomberg. The counter has fallen 30 per cent this year, compared to a 4.2 per cent advance in the benchmark Nifty 50. Texmaco Rail has a total market capitalisation of ₹5,368.84 crore. Texmaco Rail Q1 results The company posted a sharp drop in consolidated net profit to ₹29.99 crore in the first quarter of fiscal 2026, from ₹59.83 crore in the same period last year. Revenue from operations declined 16.32 per cent year-on-year (Y-o-Y) to ₹910.60 crore in the quarter ended 30 June 2025. Total expenses fell 13.58 per cent to ₹881.26 crore, with employee costs rising 11.85 per cent to ₹44.64 crore, while other expenses declined 17.12 per cent to ₹30.77 crore. Ebitda for the quarter stood at ₹79 crore, translating into a margin of 8.7 per cent. As of 30 June 2025, the company's order book was valued at ₹7,053 crore. Texmaco Rail Q1 management commentary While the June quarter saw a decline in revenue primarily due to the short supply of wagon wheelsets from Indian Railways, these issues have since been resolved, Indrajit Mookerjee, executive director and vice chairman at Texmaco Rail. "Our strong order book and ongoing projects across rolling stock, traction, and international markets give us confidence in our growth trajectory." On the international front, we secured one of the largest export contracts ever by an Indian Freight Rolling Stock company and a 20-year maintenance contract in Africa, Sudipta Mukherjee, managing director at Texmaco Rail, said. "Expanding our global footprint, we continue to have a focus on extended reach in exports & maintain our leadership in the domestic market." About Texmaco Rail Texmaco Rail, a listed entity under the Adventz Group, is a prominent player in India's railway and infrastructure sector. The company operates through three core business segments: Freight Cars, InfraRail & Green Energy, and InfraElectrical. The company specialises in manufacturing rolling stock, locomotive components, hydro-mechanical equipment, railway infrastructure, bridges, and steel structures. It is also a leading supplier of freight cars to Indian Railways.
Business Standard
05-07-2025
- Business
- Business Standard
Texmaco Rail secures Rs 36-cr wagon order from TCI
Texmaco Rail & Engineering announced that it has received an order worth Rs 36.27 crore from Transport Corporation of India (TCI) for the supply of two rakes, comprising 54 ACT-3 type wagons and two BVCM wagons. The total contract value stands at Rs 36.27 crore and the order is scheduled to be executed within 24 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 a 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.
Business Standard
01-07-2025
- Business
- Business Standard
Texmaco Rail & Engg bags Rs 27-cr order from South Western Railway
Texmaco Rail & Engineering said that it has received an order worth Rs 27.75 crore from South Western Railway for TRD Maintenance & breakdown activities in different sections. The order includes TRD maintenance and breakdown activities in BYPL(Incl)- OML(Excl), YNK(excl)- BWT(excl), BAW(incl)-SPGR(incl) SBC(incl)- JTJ(Excl), BAW(Excl)- HAS(Excl), BID-Y and YNK-DMM sections. The order will be completed in 24 months from the date of LoA. 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 a 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. The counter declined 1.43% to end at Rs 176.10 on the BSE.
