Texmaco Rail bags ₹87 crore order from UltraTech Cement; stock rallies 10% in a month

The order is expected to be delivered by March 2026.

Last week, the company had received a Letter of Acceptance (LoA) from Rail Vikas Nigam Limited for the Nagpur Project.

The project is worth ₹129.09 crore, including taxes. It involves the design, supply, erection, testing and commissioning of 2*25 kV traction overhead equipment and related works at the Yavatmal-Digras section of Central Railway’s Nagpur Division.

On Thursday, shares of Texmaco Rail & Engineering settled at ₹147.70 apiece on the National Stock Exchange, declining 1.11%.

Over the last five days, shares of Texmaco Rail & Engineering have gained over 3%. The scrip has advanced 10% in the last month.

The shares have significantly zoomed 13% in the past 6 months. While the year-to-date drop stands at 25.10%.

The stock touched its 52-week high of ₹239.74 on December 17, 2024, and its 52-week low of ₹119.06 on April 7, 2025.

As of September 18, 2025, the company’s market capitalisation stands at ₹5,900.13 crore.

Texmaco Rail & Engineering posted a sharp decline in earnings for the quarter ended June 30, 2025 (Q1 FY26). The company’s net profit fell 50.5% year-on-year (YoY) to ₹29 crore, compared to ₹59.83 crore in the same period last year.

Revenue from operations also dropped 16.3% YoY to ₹911 crore. The company attributed the weak performance mainly to supply constraints for waggon wheelsets from Indian Railways, which impacted its ability to meet demand.

On the operational front, profit before tax stood at ₹37.35 crore, while EBITDA declined 36% YoY to ₹79 crore. The EBITDA margin contracted to 8.7%, reflecting pressure on both costs and profitability.

Texmaco Rail & Engineering Ltd. is an Indian engineering and infrastructure company that is primarily engaged in manufacturing railway waggons, coaches, and locomotives, as well as providing related services. The company is part of Adventz Group and headquartered in Kolkata.