Texmaco Rail & Engineering Ltd — earnings calls

Texmaco Rail reported Q1 FY27 standalone revenue of Rs 753 crore, impacted by lower execution in Freight Car and Infra divisions, while EBITDA came in at Rs 81 crore with a 10.8% margin. Profit after tax rose 85.9% year-on-year to Rs 52 crore, aided by lower finance costs and improved operating margins. Management also discussed order book growth to Rs 9,923 crore, the shift of the Freight Car order book toward private and export customers, and updates on joint ventures with TrinityRail, Wabtec, Saira Asia and Nymwag.

Texmaco Rail reported Q4 FY26 revenue from operations of INR1,167 crores, down 13.3% year-on-year, with EBITDA of INR116 crores and PAT of INR58 crores. For the full year FY26, revenue was INR4,377 crores, a 14% decline, with EBITDA margin of 10.2% and PAT margin of 4.4%, while the company created a contingency provision of INR700 crores against free reserves. Management also outlined a Vision 2030 strategy called Texmaco 2.0, targeting a doubling of revenue and mid-teen EBITDA margins, alongside a large South African wagon and locomotive order and new ventures into defense, wheels, and AI services.