Texmaco Rail & Engineering Limited has officially announced the receipt of a significant domestic order from Kochi Metro Rail Limited. The contract, valued at Rs. 130.22 crores (including taxes), was disclosed on 8th May, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This project marks a notable expansion of the company’s footprint in the urban mass rapid transit sector.

The awarded contract involves the Design, Supply, Installation, Testing, and Commissioning of Ballastless Track and Connections of Standard gauge. This work is specifically designated for the Elevated Section of the Phase 2 Corridor of the Kochi Metro Rail Project. According to the statutory filing, the company is required to execute and complete this order within a 16-month timeline starting from the date the Letter of Acceptance is issued.

Texmaco Rail & Engineering, a key entity of the Adventz Group, is a premier multi-discipline engineering infrastructure company involved in manufacturing rolling stock, hydro-mechanical equipment, and steel castings. In 2025, the company achieved significant milestones, including the implementation of an Automatic Fare Collection (AFC) system for Mumbai Metro Line 3 and signing a Memorandum of Understanding (MoU) with Rail Vikas Nigam Limited (RVNL) to drive innovation. Recent updates from 2025 also highlight the company’s entry into AI-led global services through the launch of Global Capability Centres (GCCs) under the brand “invariz”.

For the quarter ended 31st March, 2025, Texmaco Rail reported a consolidated revenue of Rs. 1,346 crores, representing a 17.6% increase compared to the corresponding quarter of the previous year. However, the consolidated net profit for the same period saw a 13.5% decline to Rs. 39 crores, impacted by one-off provisions and rising raw material costs. For the full financial year 2024-25, the company delivered a strong performance with total revenue reaching Rs. 5,107 crores, up 45.8% year-on-year. Significant institutional and promoter group investors include Zuari International Limited (15.96%) and Texmaco Infrastructure & Holdings Limited (14.77%) as of June 2025.