Texmaco Rail & Engineering Limited
Texmaco Rail & Engineering Ltd is an engineering infrastructure co. & part of the Adventz Group, The co. is involved in the business of manufacturing Rolling stock, hydro-mechanical equipment, steel castings & construction of Rail EPC, bridges, and other steel structures.
What Texmaco files
- Others124
- New Orders58
- Important33
- Updates30
- Investor Meet28
- Board Meeting10
Texmaco Rail & Engineering has announced a board meeting to approve the appointment of Shri Shibu Mathews as Chief Financial Officer. Mathews brings 26 years of finance leadership experience.
Texmaco Rail invested 6.88 Cr in its defence subsidiary, Texmaco Defence Technologies, to expand its footprint. A new investor acquired a 30% stake at the same rate, converting TDTL from a wholly-owned to a 70% owned subsidiary.
Texmaco Rail & Engineering secured up to Rs. 200 Cr investment from Vagus Def Tech & Aerospace Fund-1 into its subsidiary, Texmaco Defence Technologies (TDTL). This deal reduces Texmaco's stake in TDTL from 100% to 70%, making TDTL a subsidiary.
Texmaco Rail's Q1 FY27 results show Revenue of Rs. 753 Cr, EBITDA of Rs. 81 Cr (10.8% margin), and PAT of Rs. 52 Cr (6.9% margin). New orders exceeding Rs. 5,200 Cr propelled the order book to Rs. 9,923 Cr. Delivered 1,054 Freight Cars. Diversification into Green Energy & Defence...
Texmaco Rail's JV, Touax Texmaco Railcar Leasing, welcomed TrinityRail Global Inc. as a new partner, revising shareholding. Texmaco Rail now holds 34% (minus 1 share) in the JV. The JV reported ₹99.56 Cr total income and ₹258.35 Cr net worth.