Texmaco Rail & Engineering Limited has officially announced the receipt of a significant domestic order from Hindalco Industries Limited. The contract involves the supply of one BTAP rake and one Brake Van. This disclosure, made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, highlights the company’s continued traction in the specialized rolling stock market.

The total consideration for this order is valued at Rs. 27.82 crores, which includes applicable taxes. According to the significant terms of the agreement, Texmaco is required to execute and complete the supply within a period of 10 months from the date of the Purchase Order. The company confirmed that the contract was awarded by a domestic entity and does not fall under related party transactions, nor do the promoters have any interest in the awarding entity.

Texmaco Rail & Engineering Ltd., part of the Adventz Group, is a premier engineering infrastructure firm specializing in the manufacturing of rolling stock, including wagons, coaches, and locomotives. Throughout 2025, the company secured several high-profile contracts, such as a Rs. 44.04 crore order for rail infrastructure and a partnership with Rail Vikas Nigam Limited (RVNL) to drive innovation in the sector. Additionally, the company has expanded its footprint in urban transport by implementing Automatic Fare Collection systems for Mumbai Metro Line 3.

For the financial year ending March 2025, Texmaco reported a robust consolidated revenue of Rs. 5,107 crore, representing a significant year-on-year growth of 45.8%. The company’s annual net profit for the same period stood at Rs. 172 crore, marking a 52.7% increase compared to the previous year. During 2025, major Indian institutional investors held stakes in the company, including Zuari International Limited with 15.96% and Texmaco Infrastructure & Holdings Limited with 14.77%. The company’s financial health was further recognized in 2025 by CARE Ratings, which upgraded its long-term facilities to ‘CARE A’.

Leave a Reply

Quote of the week

Do not save what is left after spending; instead spend what is left after saving

~ Warren Buffett

Designed with WordPress

Discover more from Investeepedia

Subscribe now to keep reading and get access to the full archive.

Continue reading