The shares of the prominent wagon manufacturer gained up to 9 percent in today’s trading session after the company bagged a prestigious letter of intent from CAMALCO SA worth USD 62,244,000.
With a market capitalization of Rs 7,350.20 crore, the shares of Texmaco Rail & Engineering Ltd were trading at Rs 184.00 per share, increasing around 6.08 percent as compared to the previous closing price of Rs 173.45 apiece.
The shares of Texmaco Rail & Engineering Ltd have seen positive movement after securing a USD 62.24 million Letter of Intent from CAMALCO SA. The deal includes supplying 560 open-top wagons (USD 32.76 million) and a 20-year maintenance contract (USD 29.48 million). It also opens the door for an additional 1,040 wagons over five years with extended maintenance.
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Looking forward to the company’s financial performance, revenue increased by 18 percent from Rs 1,145 crore in Q4FY24 to Rs 1,346 crore in Q4FY25. Further, during the same time frame, net profit decreased by 13 percent from Rs 45 crore to Rs 39 crore.
Texmaco Rail & Engineering Ltd holds a strong consolidated order book of around ₹7,000 crore in Q4 FY25. The Freight Car Division leads with 49%, followed by Infra-Electrica (24%) and others (14%). Notably, 79% of the freight car orders come from Indian Railways, while 21% are from the private sector and exports.
Texmaco Rail operates seven strategically located manufacturing facilities across India, including West Bengal, Gujarat, and Chhattisgarh. With a total area of ~309 acres, the company runs five freight and component plants, two foundries, and three major freight car manufacturing units. Strong rail connectivity, proximity to ports, and scope for expansion further boost its operational efficiency and growth potential.
Texmaco Rail & Engineering Limited is an India-based company that produces a variety of products, including railway freight cars, hydro-mechanical equipment, industrial structures, loco components, shells, steel girders for railway bridges, steel castings, and pressure vessels.
Written by Abhishek Singh
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