Texmaco Rail & Engineering’s shares to remain in focus as the company bags Rs 122.31 crore worth order from Mumbai Railway Vikas Corporation (MRVC). The company will be designing, supplying, constructing, installing, testing, and commissioning traction transformers and associated works for Western Railway. The project needs to be completed within 30 months.
“Pursuant to Regulation 30, we wish to inform you that Mumbai Railway Vikas Corporation Limited vide its letter dated 2nd June, 2025 has awarded an order of Rs. 122.31 Crore to the Company for Design, Supply, Construction, Installation, Testing and Commissioning of traction transformers & associated work for Western Railway to be executed within 30 months,” stated the company in an exchange filing.
Texmaco: Major order wins this week
This is the second order the company has bagged in a week. Earlier, on May 29, the Ministry of Railways (Railway Board) awarded an order to Texmaco Rail of Rs 140.55 crore for the manufacturing and supplying of 8 rakes of Flat Multi-Purpose Wagons.
Texmaco Rail Q4 results
The company reported a decline of 13.5% in consolidated net profit to Rs 39 crore in the fourth quarter of the financial year 2024-25, compared with Rs 45 crore in Q4FY24. The fall in net profit was despite a 17.6% rise in revenue from operations to Rs 1,346 crore in Q4 FY25 as compared with Q4 FY24. On the operating front, EBITDA moved up 14.7% to Rs 97.6 crore in Q4FY25, while margins remained steady at 7.3%.
Also, the board recommended a final dividend of Rs 0.75 per equity share (75%) for the financial year 2024-25.
Texmaco Rail’s stock performance
The share price of Texmaco has fallen 0.24% in the last five trading sessions. The stock has given a return of 14.25% in the past one month. However, the share price has declined by 27% in the previous six months. It has dropped by 7% in the past one year.