Texmaco Rail Reports Q2 FY26 Revenue of ₹1,258 Crore
Filing Summary
Texmaco Rail & Engineering Ltd announced its Q2 FY26 financial results, reporting a revenue of ₹1,258 crore and an EBITDA of ₹132 crore, reflecting a margin of 10.5%. The Profit After Tax (PAT) was ₹64 crore. For the half-year ended September 30, 2025, the company achieved a revenue of ₹2,169 crore. The order book stood at ₹6,367 crore as of September 30, 2025. Texmaco completed the amalgamation with Texmaco West Rail Limited and received necessary approvals for business restructuring.
Texmaco Rail & Engineering Ltd released its unaudited financial results for the second quarter of FY26, ending September 30, 2025. The company reported a revenue of ₹1,258 crore for Q2 FY26. The EBITDA was ₹132 crore, with a margin of 10.5%. The Profit After Tax (PAT) for the quarter was ₹64 crore. For the half-year period, the revenue was ₹2,169 crore, with an EBITDA of ₹211 crore and a PAT of ₹93 crore. The order book as of September 30, 2025, was valued at ₹6,367 crore.
The company highlighted the completion of its amalgamation with Texmaco West Rail Limited, which has streamlined operations and improved execution efficiency. Texmaco also received No Objection Certificates (NOCs) from both the Bombay Stock Exchange and the National Stock Exchange for the transfer of its Infra-Rail and Green Energy business into a 100% subsidiary on a slump exchange basis. Additionally, CARE Ratings upgraded Texmaco’s Long-Term Rating to A (Stable) and Short-Term Rating to A1.
Operationally, Texmaco delivered 2,334 freight cars in Q2 FY26, marking a 28.5% increase compared to Q1. The Foundry Division’s volumes stood at 8,413 MT. The company secured new orders across freight wagons and traction systems. Texmaco is collaborating with Hörmann Vehicle Engineering GmbH under the Global Capability Centre initiative to provide design services for passenger mobility and locomotives.
The company noted that the adoption of the 2×25 kV electrification system by Indian Railways is driving demand for traction systems and specialized freight stock. Texmaco’s joint venture with Rail Vikas Nigam Limited enhances its capabilities in rolling stock manufacturing and infrastructure projects. These developments align with Indian Railways’ record capital expenditure of ₹1.42 trillion in H1 FY26, focusing on electrification, multi-tracking, and safety upgrades.
The financial results were announced on November 12, 2025, following the company’s letter dated November 11, 2025, which forwarded the financial results for the quarter and half-year ended September 30, 2025. The press release was issued for information and record purposes.
Texmaco Rail & Engineering Ltd is a key player in the railway and infrastructure sector, operating across Freight Cars, Rail Infra & Green Energy, and Infra–Electrical segments. The company specializes in rolling stock, loco components, hydro-mechanical equipment, rail infra, bridges, and steel structures. Texmaco manufactures freight cars for Indian Railways, private sector clients, and export markets, contributing to the ‘Atmanirbhar Bharat’ initiative.