Texmaco Rail: a series of order disclosures from 27 June to 10 September 2026 (NSE: TEXRAIL)

Since 27 June 2026, Texmaco Rail & Engineering (NSE: TEXRAIL, BSE: 533326) has filed a series of order disclosures at the BSE, from a ₹4.71 crore Letter of Intent from Mangalore Coal Terminal to a USD 135 million letter of award dated 1 September 2026. The filings show a widening counterparty set: private and public-sector customers, a railway signalling project, and an export order for diesel-electric locomotives.

· Analysis by Alpha Inflection · Edited by Prakhar Nigam

Texmaco Rail & Engineering Limited — market news

The order diary, as filed

The Q1 result printed in the middle of that window

Texmaco’s Q1FY27 consolidated result filing, dated 3 August 2026, shows consolidated volume of ₹756.68 crore, -16.9% YoY and -35.2% QoQ. Consolidated PAT was ₹50.04 crore, up 66.9% YoY; the same filing records ₹18.53 crore of other income. The result identifies EBITDA margin at 10%, up 200 bps YoY.

Leadership change in the same record

On 14 July 2026, CFO Kishor Kumar Rajgaria resigned for personal reasons. On 31 August 2026, Texmaco confirmed his cessation effective 31 August 2026. On 5 September 2026, the Board appointed Shibu Mathews as CFO, with effect from 5 September 2026; the filing describes him as a Chartered Accountant with 26 years of experience.

Dates the filings attach to deliverables

The recent order disclosures state delivery periods, not forecasts. Those periods are part of the text filed on BSE: Mangalore, 12 months; JSW, 13.5 months from the order; Sushila, on or before 31 October 2027; South Central Railway, within 12 months from to July 2026; CWC, 180 days; TCI, 16 weeks; Tsiko Africa / Barberry Holdings, 20-24 months after signing a definitive agreement. The latest data point, 10 September 2026, adds the one-rail Hindalco contract to that sequence.

The filing evidence

Every figure above traces to a dated filing
DateWhat the filing saidDetailSource
27 Jun 2026Texmaco Rail & Engineering receives Letter of Intent worth Rs. 4.71 crores from Mangalore Coal Terminal for overhead electrical equipment work.Texmaco Rail & Engineering announced that Mangalore Coal Terminal Private Limited has issued a Letter of Intent valued at Rs. 4.71 crores for design, supply, erection, testing, and commissioning of 25KV, 50Hz Over Head Electrical Equipment, to be executed within 12 months.filing
1 Jul 2026Texmaco Rail & Engineering receives two orders aggregating Rs. 351.16 crore from JSW (South) Rail Logistics and Sushila TransportTexmaco Rail & Engineering announced receipt of two orders: Rs. 253.28 crore from JSW (South) Rail Logistics for manufacture and supply of BFNSM1 rakes along with BVCM wagons (previously disclosed as LOI on 19 June 2026), and Rs. 97.88 crore from Sushila Transport Private Limited for manufacture and supply of ACT1 rakes along with BVCM wagons. The JSW order is to be executed within 13.5 months, and the Sushila Transport order by 31 October 2027.filing
2 Jul 2026Texmaco Rail & Engineering receives Rs. 26.56 crore order from South Central Railway for signalling and telecommunication works including Kavach.Texmaco Rail & Engineering Ltd received a Letter of Acceptance from South Central Railway for a Rs. 26.56 crore (inclusive of taxes) contract for Comprehensive Signalling and Telecommunication works, including Automatic Block Signalling and Kavach. The order is to be executed within 12 months. The company's Infra Rail & Green Energy division order book now stands at Rs. 1,159.94 crore.filing
7 Jul 2026Texmaco Rail receives Rs. 70.72 crore order from Central Warehousing Corporation for supply of BLSS rakesTexmaco Rail & Engineering has received a Letter of Award from Central Warehousing Corporation for manufacture and supply of BLSS rakes along with Brake Van, valued at Rs. 70.72 crores (including taxes). The order is to be executed within 180 days.filing
12 Aug 2026Texmaco Rail receives Rs. 77.76 crore order from IVC Logistics for supply of ACT1 and BVCM wagons.Texmaco Rail & Engineering received a purchase order worth Rs. 77.76 crore from IVC Logistics Limited for the supply of 3 rakes of ACT1 wagons along with 1 BVCM wagon per rake.filing
1 Sept 2026Texmaco Rail receives Rs. 24.48 crore order from Transport Corporation of India for supply and commissioning of one rake comprising ACT-1 and BVCM wagons.Texmaco Rail has received an order worth Rs. 24.48 crore from Transport Corporation of India Limited for the manufacture, supply, and commissioning of one rake of ACT-1 and BVCM wagons, to be executed within 16 weeks.filing
1 Sept 2026Texmaco Rail receives USD 135 million order from Tsiko Africa Logistics and Barberry Holdings for design, manufacture, supply and commissioning of diesel-electric locomotives.Texmaco Rail & Engineering Ltd received a Letter of Award worth USD 135 million (approximately ₹1,125 crore) from Tsiko Africa Logistics (Pty) Ltd and Barberry Holdings (Pty) Ltd for design, manufacture, supply and commissioning of 4,500 HP Wabtec ES43ACi diesel-electric locomotives. The order is international and must be executed within 20-24 months from signing a definitive agreement.filing
5 Sept 2026Texmaco Rail receives two orders aggregating Rs. 131.36 crore from Transport Corporation of India and its associate Touax Texmaco Railcar Leasing.Texmaco Rail & Engineering has received two orders: a Rs. 24.48 crore order from Transport Corporation of India for supply and commissioning of one ACT-1 rake and one BVCM wagon, and a Rs. 106.88 crore order from Touax Texmaco Railcar Leasing Private Limited for manufacture and supply of four BFNS22.9 rakes along with four BVCM wagons.filing
10 Sept 2026Texmaco Rail wins Rs 27.82 crore order from Hindalco Industries for supply of BTAP rake and Brake Van for Aditya Expansion Project.Texmaco Rail received an order worth Rs 27.82 crore from Hindalco Industries for supply of one BTAP rake and one Brake Van for the Aditya Expansion Project.filing
6 Aug 2026Texmaco will complete Comprehensive Signalling and Telecommunication works for South Central Railway within 12 months from the date of Letter of Acceptance (2 July 2026). — Rs. 26.56 crores — by within 12 months from 2 July 2026
6 Aug 2026Texmaco will supply BFNSM1 rakes with BVCM wagons to JSW (South) Rail Logistics within 13.5 months of commencement. — Rs. 253.28 crores — by within 13.5 months from effective date
6 Aug 2026Texmaco will supply ACT1 rakes with BVCM wagons to Sushila Transport by 31 October 2027. — Rs. 97.88 crores — by on or before 31 October 2027
3 Aug 2026Q1FY27 consolidated revenue fell to ₹756.68 crore, -16.9% YoY and -35.2% QoQ, while EBITDA margin held at 10% and PAT rose to ₹50.04 crore, but the profit increase was materially supported by ₹18.53 crore of other income.filing
3 Aug 2026Texmaco Q1FY27: Consolidated revenue ₹756.68 Cr (-16.9% YoY), PAT ₹50.04 Cr (+66.9% YoY) boosted by tax credit; EBITDA margin expands 200bps YoY to 10% despite revenue dip.filing
2 Jul 2026CARE Ratings reaffirms Texmaco Rail & Engineering's long-term and short-term credit ratings at CARE A; Stable / CARE A1Texmaco Rail & Engineering Limited announced that CARE Ratings Limited has reaffirmed its existing credit ratings: Long-term Bank Facilities at 'CARE A; Stable', Long-term/Short-term Bank Facilities at 'CARE A; Stable / CARE A1', and Short-term Bank Facilities at 'CARE A1'. There is no change in the ratings from the previous assessment.filing
14 Jul 2026Texmaco Rail & Engineering's CFO Kishor Kumar Rajgaria resigns due to personal reasons; effective date and further details to be intimated separately.The Chief Financial Officer, Kishor Kumar Rajgaria, has resigned from the company for personal reasons. He will be relieved of his duties in due course as per HR policy, and the effective date of cessation along with other requisite details will be communicated separately.filing
31 Aug 2026Texmaco Rail confirms CFO Kishor Kumar Rajgaria's cessation effective 31 August 2026, following his resignation announced on 14 July 2026.The company announced that CFO Kishor Kumar Rajgaria has been relieved from services effective 31 August 2026, formalizing the resignation intimated earlier.filing
5 Sept 2026Texmaco Rail & Engineering appoints Shibu Mathews as Chief Financial Officer effective 5 September 2026.The Board of Directors of Texmaco Rail & Engineering, based on the recommendation of the Nomination and Remuneration Committee and approval of the Audit Committee, approved the appointment of Shibu Mathews as Chief Financial Officer, with effect from 5 September 2026. Shibu Mathews is a Chartered Accountant with 26 years of experience across MRF Ltd., Bharti Airtel, and ITC Ltd.filing

Quick answers

What did Texmaco Rail & Engineering disclose?
Since 27 June 2026, Texmaco Rail & Engineering (NSE: TEXRAIL, BSE: 533326) has filed a series of order disclosures at the BSE, from a ₹4.71 crore Letter of Intent from Mangalore Coal Terminal to a USD 135 million letter of award dated 1 September 2026.
What are the key numbers?
Texmaco’s Q1FY27 consolidated result filing, dated 3 August 2026, shows consolidated volume of ₹756.68 crore, -16.9% YoY and -35.2% QoQ. Consolidated PAT was ₹50.04 crore, up 66.9% YoY; the same filing records ₹18.53 crore of other income. The result identifies EBITDA margin at 10%, up 200 bps YoY.

Research and educational content only. Not investment advice. Drafted from regulatory filings and published automatically — see our editorial policy.