Texmaco Rail & Engineering gets ₹412 crore more for 1,020 BOXNS wagons

The order amendment in numbers

Size and terms of the increase

The Ministry of Railways increased the ordered quantity under Clause 12.0, the option clause of the original contract, by an amendment letter dated 28 Oct 2026. The company says the increase is on the same price, terms and conditions as the original contract.

The additional 1,020 wagons are valued at ₹412.32 crore. Set against the total amended contract value of ₹1,786.74 crore, the addition is about 23.1% of the amended total.

Timing and scope of the added work

The execution or delivery period for the increased quantity is 162 days beyond the re-fixed delivery period, which runs up to 11 Jun 2027. The added wagons are part of the same BOXNS manufacture and supply work as the original order.

Against the company's latest reported quarter, the additional value is large: consolidated total income for Q1 FY27 was ₹775.21 crore. The filing does not say how the work will be spread across quarters.

What the amendment means for Texmaco Rail & Engineering's shareholders

The amendment adds 1,020 wagons to a government order that already existed, at the same price and terms. The company is a railway wagon maker, and the order sits within its existing business.

Not stated in the filing: the margin or profit impact of the added wagons, the value of the original contract before the amendment, and when production of the additional quantity starts. The next dated step is the delivery deadline of 11 Jun 2027.

Reference: Original filing (PDF)