Latest news with #TexmacoRail&Engineering
Business Standard
a day ago
- 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
5 days ago
- 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.
Business Standard
6 days ago
- Business
- Business Standard
Texmaco Rail & Engineering wins order of Rs 27.75 cr
Texmaco Rail & Engineering has received an order of Rs 27.75 crore from South Western Railway for TRD maintenance & 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 to be completed in 24 months from the date of LOA.
Business Standard
26-06-2025
- Business
- Business Standard
Texmaco Rail rallies after bagging order worth Rs 535 cr from overseas entity
Texmaco Rail & Engineering jumped 6.34% to Rs 184.45 after the company received an order worth Rs 535 crore from Camalco S.A, Cameroon to supply open top wagons. The order comprises the manufacturing and supply of 560 open-top wagons valued at $32,760,000 (Rs 282 crore) along with a 20-year long-term maintenance contract worth $29,484,000 (Rs 253 crore). Further, this initial order includes provision for additional order relating to supply of 1,040 Wagons in next 5 years, along with their long-term maintenance. 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.
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Business Standard
26-06-2025
- Business
- Business Standard
Texmaco Rail & Engineering share rallies 9% in trade today; here's why
Texmaco Rail share price: Texmaco Rail & Engineering shares rose up to 8.96 per cent to hit an intraday high of ₹189 apiece on Thursday, June 26, 2025. At 11:24 AM, Texmaco Rail share price was up 4.24 per cent at ₹180.80 per share. In comparison, BSE Sensex was trading 0.36 per cent higher at 83,052.46 levels. Why did Texmaco Rail share price zoom in trade today? The rise in the Texmaco Rail share price came after the company announced that it has secured an order of ₹535 crore from Camalco SA. In an exchange filing, Texmaco Rail said, 'We wish to inform you that Camalco SA, Cameroon has awarded an order of $62,244,000 (equivalent to ₹535 crore ) which include order for manufacturing and supply of 560 open Top wagons at $32,760,000 (equivalent to ₹282 crore ) and long term maintenance contract for 20 years at $29,484,000 (equivalent to ₹253 crore)." Under the terms of the order, the company will be responsible for the manufacture and supply of Wagons: Initial order for 560 Open top Wagons to be completed in 2 phases within 24 months from Purchase order date with the provision for additional order of 1040 wagons in subsequent phases; and long term maintenance contract for wagons supplied by company for a period of 20 years. The sizable order is expected to majorly boost the company's export portfolio and revenue visibility, while the 20-year maintenance contract adds a long-term earnings component, making it a crucial deal for Texmaco. About Texmaco Rail Texmaco Rail & Engineering, a part of the Adventz Group, is among the leading infrastructure engineering companies with a diverse portfolio. The company specialises in manufacturing rolling stock, hydro-mechanical equipment, steel castings, and the construction of rail EPC projects, bridges, and other steel structures. Established in 1998 after the demerger of Texmaco Limited, which had been operational since 1939, Texmaco Rail & Engineering has evolved from its earlier focus on heavy engineering and steel foundry to its current diversified business segments. The company's offerings span various sectors, including the production of high-capacity freight wagons, metro tracks, and rolling stock components such as loco shells, bogies, and coaches. It also plays a crucial role in the fabrication of steel bridges, flyovers, and hydro-mechanical equipment like gates and hoists for power projects. The market capitalisation of Texmaco Rail is ₹7,226.36 crore, according to BSE. The company falls under the BSE SmallCap category.
