TEXRAILTexmaco Rail & Engineering Ltd.
Texmaco Rail & Engineering wins ₹429 crore in three wagon orders
- Order win
- Engineering
Reviewed byKeshav SehgalBlacklitt Research
Texmaco Rail & Engineering (NSE: TEXRAIL) has received three orders worth ₹428.55 crore including taxes, it said in a filing on 05 Nov 2026. The orders are from Ultratech Cement, Jujhar Logistics & Travels and APL Logistics Vascor Automotive for the manufacture and supply of wagons and rakes.
Key highlights
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The orders in numbers
| Item | Detail |
|---|---|
| Ultratech Cement Ltd | ₹30.98 crore including taxes; 1 BCFCM1 wagon rake with 15 BVCM wagons; executed on or before 28 Feb 2027 |
| Jujhar Logistics & Travels Limited | ₹329.53 crore including taxes; 15 rakes of ACT1 and ACT3 wagons with 15 BVCM wagons; executed on or before 31 Dec 2027 (ACT3 phased) |
| APL Logistics Vascor Automotive Pvt Ltd | ₹68.04 crore including taxes; 3 rakes of ACT3 wagons with 3 BVCM wagons; executed on or before 31 Dec 2027 |
| Total | ₹428.55 crore including taxes across three domestic orders |
| Related party or promoter interest | Company states none of the orders is a related party transaction and no promoter group interest exists |
Order size and scope
The three orders total ₹428.55 crore including taxes. Jujhar Logistics accounts for ₹329.53 crore of that, about 76.9%, while Ultratech Cement's ₹30.98 crore and APL Logistics' ₹68.04 crore make up the rest.
The filing describes the work as manufacture and supply of rakes and wagons, with the Jujhar order covering 15 rakes. The filing gives no price per wagon or margin on the work.
Execution timeline
Ultratech Cement's order is to be executed on or before 28 Feb 2027, with the first rake due within 5 months and each later rake within 50 days. The Jujhar and APL orders are to be executed on or before 31 Dec 2027, with ACT3 wagons in a phased manner under the Jujhar order.
Against the company's market value of ₹4,213 crore, the three orders are equal to about 10.2% of that figure. The company's latest quarter, Q1 FY27, showed total income of ₹775.21 crore and net profit of ₹50.07 crore on a consolidated basis.
What the orders mean for Texmaco Rail & Engineering's shareholders
The orders add ₹428.55 crore of announced work for execution by 31 Dec 2027. The company's filings this month also include a credit rating update and a Q2 FY27 results announcement.
Not stated: the margin on the orders, the expected revenue timing beyond the execution deadlines, whether the orders link to any earlier contract, and the reason the orders were received.
Filed with BSE on . Reference: Original filing (PDF)
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