Texmaco Rail Q1 Results: Profit Halves Due To Short Supply Of Wagon Wheelsets
Revenue decreased 16% year-on-year to Rs 910.6 crore.
Texmaco Rail & Engineering Ltd.'s consolidated net profit nearly halved in the first quarter of this financial year due to short supply of wagon wheelsets from the Indian Railways.
The rail solution provider posted a profit of Rs 30 crore in comparison to profit of Rs 59.8 crore in the same quarter of the previous fiscal, according to its stock exchange notification on Wednesday.
Texmaco Q1 FY26 Highlights (Consolidated, YoY)
Revenue down 16.3% to Rs 911 crore versus Rs 1,088 crore
Net Profit down 49.9% to Rs 30 crore versus Rs 59.8 crore
Ebitda down 33.7% to Rs 70.9 crore versus Rs 107 crore
Margin at 7.8% versus 9.8%
"While Q1 FY26 saw a decline in revenue, primarily due to short supply of wagon wheelsets from Indian Railways, these issues have since been resolved," said Indrajit Mookerjee, vice chairperson of Texmaco.
The company’s order book stood at Rs 7,053 crore as of June 30, 2025, it said.
Share Price
The quarterly earnings was shared after market hours. The stock settled 0.33% higher at Rs 140.97 apiece on the NSE, compared to a 0.54% advance in the benchmark Nifty 50. The shares have risen 0.2544.97% in the last 12 months and 27.25% year-to-date.
All four analysts tracking the company maintain a 'buy' rating, according to Bloomberg data. The average of 12-month consensus price target of Rs 230.67 implies an upside of 63.6%.
