Texmaco Rail reports strong Q2 FY'26 growth, strategic expansion

Texmaco Rail & Engineering Ltd. reported revenue from operations of INR1,258 crores for Q2 FY'26, with an EBITDA of INR132 crores (10.5% margin) and a profit after tax of INR64 crores (5% margin). For the first half of FY'26, revenue totaled INR2,169 crores, with EBITDA at INR211 crores and PAT at INR93 crores. The company delivered 2,334 freight cars in Q2, a 28.6% increase from Q1, and achieved 8,413 metric tons in Foundry division sales.

The company's order book stood at INR6,367 crores as of September 30, 2025, providing strong visibility for execution across freight mobility, traction systems, and rail infrastructure. Key developments included the successful amalgamation of Texmaco West Rail Limited, a joint venture agreement with Rail Vikas Nigam Limited (RVNL), and an MOU with HORMANN Vehicle Engineering GmbH for passenger mobility design services.

Despite challenges from short wagon wheel set supply and US tariffs impacting Foundry exports, the company expects production stability and is actively pursuing actions to mitigate external factors. Texmaco aims for continued growth and market dominance, focusing on both domestic and international expansion.