Railway Stock Jumps 4% After Securing Orders Worth ₹351 Cr from Domestic Entities

Synopsis: Two orders aggregating Rs.351.16 crore have been received for the manufacture and supply of BFNSM1 and ACT1 rakes along with BVCM wagons, from two domestic entities, including a steel-sector logistics company and a private transport firm. 

India’s freight rail ecosystem is generating a steady stream of wagon procurement orders, and one of the country’s leading railcar manufacturers has picked up two fresh domestic contracts from a major steel-linked logistics player and a private transport company, adding meaningfully to its execution pipeline.

With a market capitalization of Rs. 4,626 crore, the shares of Texmaco Rail & Engineering Limited were trading at Rs. 116.52 per share, up by 4 percent from the previous day’s closing of Rs. 112, and it is trading at a P/E of approximately 23x.

Order Update

Texmaco Rail & Engineering Limited has received two orders totalling Rs.351.16 crore (including taxes) from domestic entities. The first order, worth Rs.253.28 crore, has been placed by JSW (South) Rail Logistics Private Limited for the manufacture and supply of BFNSM1 rakes along with BVCM wagons, to be executed within 13.5 months from the effective date of commencement of works. 

The second order, valued at Rs.97.88 crore, has been placed by Sushila Transport Private Limited for the manufacture and supply of ACT1 rakes along with BVCM wagons, with an execution deadline of on or before October 31, 2027.

It is worth noting that the intimation for Order 1 from JSW was filed earlier on June 19, 2026, upon receipt of the Letter of Intent; the current disclosure formalises the confirmed order. Both contracts are domestic in nature and do not involve any related party transactions.

Financial Snapshot & Business Overview

Texmaco Rail & Engineering Limited is a Kolkata-headquartered railcar and heavy engineering manufacturer, part of the Adventz Group, and one of India’s largest freight car suppliers, manufacturing one in every four wagons on the Indian Railways network. The company operates across Freight Cars, Steel Foundry, Component Systems, and Rail Infra verticals, supported by strategic JV partnerships including Nymwag, Touax, and Wabtec Texmaco.

On a consolidated basis for FY26, the company reported revenue from operations of Rs.4,377 crore, compared to Rs.5,107 crore in FY25, reflecting some moderation in topline. Operating profit stood at Rs.390 crore against Rs.467 crore in FY25, with OPM broadly steady at 9%. Net profit for the year came in at Rs.194 crore, down from Rs.249 crore in FY25. 

The Q4 FY26 quarter showed a sequential pickup, with revenue of Rs.1,167 crore, operating profit of Rs.106 crore at 9% margin, and net profit of Rs. 58 crore. The company’s total order book was Rs. 5,408 crores as of 31 March 2026.

With Indian Railways continuing to ramp up wagon procurement and private freight operators expanding their own fleets, the latest wins from JSW and Sushila Transport add to a pipeline that investors will watch closely for margin recovery alongside volume delivery.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Railway Stock Jumps 4% After Securing Orders Worth ₹351 Cr from Domestic Entities appeared first on Trade Brains.