Texmaco Rail & Engineering Ltd

Q3 FY25

Texmaco Rail & Engineering Q3 FY25 earnings call: Revenue & Margins

Q3 FY25 earnings call: what management guided on revenue, margins and order book.

Price₹105

Market cap₹4.4K Cr

P/E20.1

Updated23 Aug 2026

Read4 min read

The short version

Texmaco expects continued growth in freight wagon production and sales, aiming to improve on FY '25 figures in FY '26. Management is focused on continuous operational improvements and capacity utilization to drive growth.

From Texmaco Rail & Engineering Ltd's Q3 FY25 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Texmaco expects continued growth in freight wagon production and sales, aiming to improve on FY '25 figures in FY '26.
Management expressed confidence in steady momentum fueled by Indian Railways' long-term plans, including private sector investments in infrastructure and mining sectors.
Order inflows are expected to rise, with anticipation of large tenders from Indian Railways and growing private sector involvement.
Expansion of steel foundry capacity to 80,000 metric tons by mid-next year will support both domestic and export demand, enhancing production capabilities.
The company is optimistic about opportunities in export markets (e.g., US railroad renewals), expecting growth despite geopolitical risks.

2 more points management made on revenue & sales performance

Profitability & Margins

Management is focused on continuous operational improvements and capacity utilization to drive growth.
Expectation of steady growth in wagon production and order inflows, supported by Indian Railways' long-term rolling stock procurement plan and private sector investments.
No formal forward-looking statements on exact margin or earnings guidance, but management aims to improve fundamentals consistently.
Freight Car division shows EBITDA margins around 12%, with the company targeting margin expansion.
Infra-Rail & Green Energy business is being demerged to enhance operational efficiency and growth focus.
Strategic cautious entry into passenger mobility and international component supply (e.g., acquisition of European company Saira).

2 more points management made on profitability & margins

See what Texmaco Rail & Engineering Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Odisha steel foundry expansion is underway, expected to be operational by mid-2025, increasing total capacity from 48,000 to 80,000 metric tons, targeting both domestic and overseas markets, potentially becoming the highest capacity in the segment globally.
Transfer of Infra-Rail and Green Energy EPC group into a 100% subsidiary via slump exchange expected to complete within 12 to 15 months to enhance operational efficiency and streamline business.
Management initiatives to improve operational efficiencies and capacity utilization, focusing on strategic growth.

2 more points management made on capital expenditure plans

Fundraising & Capital Structure

There is no explicit mention of any current or planned new fundraising through debt or equity in the provided transcript.
The management discusses stable financial fundamentals, noting an improvement in credit ratings: long-term bank facilities upgraded to CARE A and short-term facilities rated CARE A1.
Finance costs are reported as stable with no major variance expected going forward.

2 more points management made on fundraising & capital structure

See what Texmaco Rail & Engineering Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Texmaco Rail & Engineering has an order book of approximately INR 7,600 crores.
They have around 11,500 wagons on order, combining various wagon orders, including private and railway wagons.
Private wagon orders constitute about 25%, with 2,679 numbers in 9 months, while railway wagons are around 75%.
The company expects continued strong order inflows from Indian Railways, including potential large tenders in FY '26.
Orders also come from private sectors related to minerals, coal, iron ore, food grain, container movement, and autos.
Besides wagons, the company has significant orders in electrical divisions exceeding INR 2,000 crores and other businesses around INR 400-500 crores.

2 more points management made on order book & pipeline

Texmaco Rail & Engineering Ltd — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.2K Cr, net profit ₹58 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Texmaco Rail's management said in earlier quarters

Others in Industrial Manufacturing this season

Tega Inds. (Q3 FY25)
As of December 31, 2024, Tega Industries has a total order book of INR 1,258 crores. Key concall takeaways from Tega Inds.'s Q3 FY25 earnings call — and how it…
DEE Development (Q3 FY25)
Order book as of December 31, 2024, stood at approximately INR1,400 crores. Key concall takeaways from DEE Development's Q3 FY25 earnings call — and how it…
Praj Industries (Q3 FY25)
10,000 crores topline. Key concall takeaways from Praj Industries Ltd's Q3 FY25 earnings call — and how it ranks against sector peers.
Standard Engineering Technology (Q3 FY25)
During the IPO, order book was around INR 400 crores, and the management confirms good order inflows since then, though specific numbers are not shared. Key…

Compare:vs Indo-MIM Ltd vs Aditya Infotech vs Cochin Shipyard

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were Texmaco Rail & Engineering Ltd Q3 FY25 results?

What is Texmaco Rail & Engineering Ltd share price analysis?

Texmaco Rail & Engineering Ltd currently shows a neutral. The stock trades at a P/E of 20.1 with a market cap of ₹4,372 Cr. Investors should review the full earnings analysis for detailed insights.

Is Texmaco Rail & Engineering Ltd planning capital expenditure?

Odisha steel foundry expansion is underway, expected to be operational by mid-2025, increasing total capacity from 48,000 to 80,000 metric tons, targeting both domestic and overseas markets, potentially becoming the highest capacity in the segment globally.

Keep Texmaco Rail & Engineering Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.