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Texmaco bags order worth over ₹100 crore for wagons and brake vans

Published on 21/08/2025 07:25 PM

Texmaco bags order worth over ₹100 crore for wagons and brake vansIn June, the company secured a major international order worth $62.24 million (₹535 crore) from CAMALCO SA, Cameroon. Shares of Texmaco Rail & Engineering Ltd ended at ₹141.60, up by 2.14%, on the NSE today (August 21).By Tenzin Norzom  August 21, 2025, 7:25:29 PM IST (Updated)1 Min ReadEngineering major Texmaco Rail & Engineering Ltd said on Thursday, August 21, it has won an order worth ₹103.16 crore from Leap Grain Rail Logistics to deliver BCBFG wagons along with BVCM brake vans. The domestic order has to be executed within 10 months.

In June, the company secured a major international order worth $62.24 million (approximately ₹535 crore) from CAMALCO SA, Cameroon. That included the manufacture and supply of 560 open-top wagons valued at $32.76 million (₹282 crore), and a 20-year long-term maintenance contract worth $29.48 million (₹253 crore).

Earlier this month, the company reported a sharp decline in earnings for the June quarter, with net profit falling 49.8% year-on-year to ₹30 crore, compared with ₹59.8 crore in Q1FY25.

Also Read: Texmaco Rail wins ₹140 crore order to supply eight rakes of wagons; Stock jumps from lows

Revenue dropped 16.3% to ₹910.6 crore from ₹1,088.2 crore a year ago, while EBITDA fell 33.5% to ₹71.2 crore from ₹107 crore. Operating margins narrowed to 7.8% from 9.8% in the corresponding period of the previous year.

Texmaco, a key player in the Adventz Group, is engaged in manufacturing railway wagons, coaches, and locomotives.

Shares of Texmaco Rail & Engineering Ltd ended at ₹141.60, up by 2.14%, on the NSE today (August 21).Continue Reading(Edited by : Shoma Bhattacharjee)First Published: Aug 21, 2025 7:23 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsIndian MarketsTexmaco