Texmaco Rail & Engineering Ltd reports Strong Performance in Q2 FY26 with Strategic Growth Initiatives

Texmaco Rail & Engineering Limited ("Texmaco" or the "Company"), a leading manufacturer of freight wagons and provider of railway infrastructure in India, today announced its unaudited financial results for the second quarter (Q2 FY26) and half year ended September 30, 2025.

Commenting on the company's performance, Mr. Indrajit Mookerjee, Vice Chairman & Executive Director of Texmaco Rail & Engineering Limited, stated, "Texmaco delivered a resilient performance in Q2 FY26, with revenue of ₹1,258 crore and EBITDA of ₹132 crore, reflecting a margin of 10.5%. Profit After Tax (PAT) stood at ₹64 crore. The quarter began with supply constraints in wagon wheelsets, which have since normalized. Export volumes were also impacted by US tariffs. For H1 FY26, revenue reached ₹2,169 crore, with EBITDA of ₹211 crore and PAT of ₹93 crore. Our order intake shows strong traction across freight mobility, traction systems, and rail infrastructure."

The company further highlighted the successful integration of Texmaco West Rail Limited, which has streamlined operations and enhanced execution efficiency. Its joint venture with Rail Vikas Nigam Limited (RVNL) strengthens its capabilities in rolling stock manufacturing and infrastructure projects. These developments are aligned with Indian Railways' record capital expenditure of ₹1.42 trillion in H1 FY26, focused on electrification, multi-tracking, and safety upgrades-key areas where the company is well-positioned to contribute.

Mr. Sudipta Mukherjee, Managing Director of Texmaco Rail & Engineering Limited, added, "Texmaco delivered 2,334 freight cars in Q2 FY26, marking a 28.5% increase compared to Q1. Volumes in our Foundry Division stood at 8,413 MT, slightly lower due to halted exports. We have secured new orders across freight wagons and traction systems, reinforcing our focus on execution. Additionally, we are collaborating with Hörmann Vehicle Engineering GmbH under the Global Capability Centre initiative to provide world-class design services for passenger mobility and locomotives, combining German engineering with Texmaco's manufacturing strength."

The adoption of the 2×25 kV electrification system by Indian Railways is driving demand for traction systems and specialized freight stock. The company expects stronger growth in its Rail and Infrastructure division, supported by a favourable policy environment and an expanding project pipeline.

Shares of Texmaco Rail & Engineering Limited was last trading in BSE at Rs. 134.00 as compared to the previous close of Rs. 134.85. The total number of shares traded during the day was 136769 in over 1961 trades.

The stock hit an intraday high of Rs. 135.50 and intraday low of 133.50. The net turnover during the day was Rs. 18401108.00.

Source : Equity Bulls

Keywords

TexmacoRailandEngineering INE621L01012 Q2FY26 H1FY26 ResultUpdate