Texmaco Rail & Engineering Ltd Share Price – NSE  / BSE

Capital Goods-Non Electrical Equipment, Small Cap

The partnership aims to build a rolling stock powerhouse and expand Texmaco?s rail EPC footprint across India. Officials said the collaboration will accelerate the country?s rail manufacturing capabilities and strengthen its position as a global infrastructure solutions provider.

The JV marks a significant step in India?s push to enhance domestic rail production and meet growing demand for modern, efficient rail systems.

The JV will focus on advanced rolling stock, lifecycle maintenance, asset management, and large-scale EPC projects in India and abroad. Combining Texmaco?s manufacturing agility (49% stake) with RVNL?s public-sector execution, the partnership aims to deliver cost-competitive, high-quality integrated rail solutions.

The JV aims to position India as a global hub for rolling stock and rail infrastructure by promoting technology indigenisation, local supply chains, and export-ready platforms. It is expected to boost industrial activity, support MSMEs, create thousands of skilled jobs, and integrate sustainable practices. Beyond India, the venture will pursue projects across Asia, Africa, and the Middle East, delivering end-to-end rail solutions and reinforcing India?s global industrial footprint.

Saroj Kumar Poddar, Chairman, Texmaco Rail & Engineering, said, ?The alliance brings together Texmaco?s industrial manufacturing scale and export reach with RVNL?s proven execution track record in complex rail EPC projects, creating a powerful institutional platform aligned with the Government of India?s Aatmanirbhar Bharat vision.?

Indrajit Mookerjee, Vice Chairman & Executive Director, Texmaco Rail & Engineering, said, ?This partnership represents a transformational step in building globally competitive rail capabilities from India. By aligning manufacturing excellence with execution expertise, we are creating a platform that can deliver integrated rail solutions for both national priorities and international markets.?

Sudipta Mukherjee, Managing Director, Texmaco Rail & Engineering, stated, ?This joint venture represents a unique public?private partnership aligned with the Hon?ble Railway Minister?s pursuit of excellence and the Hon?ble Prime Minister?s dynamic vision of Aatmanirbhar Bharat. It reflects our shared commitment to shaping the future of rail mobility through next-generation freight, locomotive, passenger, and metro systems. The collaboration will accelerate innovation, strengthen export competitiveness, and reinforce India?s position on the global rail map.?

Saleem Ahmad, Chairman & Managing Director, Texmaco Rail & Engineering, stated, ?This JV is not merely a corporate collaboration but a strategic platform for national infrastructure advancement. It will unlock long-term value through scale, technology adoption, and global project participation.?

Texmaco Rail & Engineering (TEXMACO) is a listed company and part of the Adventz Group. Texmaco is a key player in the railway and infrastructure sector. It operates across three business segments: Freight Cars, Rail Infrastructure & Green Energy, and Infrastructure ? Electrical.

Rail Vikas Nigam is engaged in executing a wide range of railway infrastructure projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, cable-stayed bridges, and institutional buildings.

Shares of Texmaco Rail & Engineering slipped 0.93% to Rs 111.25, while Rail Vikas Nigam rose 1.11% to Rs 310.15 on the BSE.

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Texmaco Rail & Engineering has received a contract worth Rs 219.18 crore for design, supply, installation, testing and commissioning of signalling equipments/gears in connection with Construction of Proposed line in Mumbai Suburban under (MUTP-IIIA) from Mumbai Railway Vikas Corporation.

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According to an exchange filing, the contract involves the design, supply, installation, testing and commissioning of signalling equipment for a proposed line under the Mumbai suburban railway project (MUTP-IIIA). The project is scheduled to be completed within 36 months from the date of issuance of the Notice to Proceed.

The work is to be completed within 36 months from issuance of Notice to Proceed. The company also clarified that none of its promoters or promoter group members have any interest in the awarding entity. The company also confirmed that the contract does not qualify as a related-party transaction under applicable regulatory norms.

The official announcement was made on 16 February 2026, after market hours.

Earlier on the same day, during market hours, the company also secured a domestic contract worth Rs 23.45 crore from South Western Railway. The order entails comprehensive annual maintenance and breakdown restoration of overhead equipment (OHE) and power supply installations across the Mysore Division, covering 1,046 track kilometres of electrification infrastructure and associated electrical assets. The contract is to be executed within 24 months from the date of issuance of the Letter of Acceptance.

Texmaco Rail & Engineering (TEXMACO) is a listed company and part of the Adventz Group. Texmaco is a key player in the railway and infrastructure sector. It operates across three business segments: Freight Cars, Rail Infrastructure & Green Energy, and Infrastructure ? Electrical.

The company reported a 44.65% decline in consolidated net profit to Rs 42.27 crore in Q3 FY26, compared to Rs 76.38 crore posted in Q3 FY25. Revenue from operations fell 21.45% year-on-year (YoY) to Rs 1,041.59 crore in the quarter ended 31 December 2025.

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The order involves comprehensive annual maintenance and breakdown restoration of Overhead Equipment (OHE) and power supply installations across the Mysore Division, covering 1,046 track kilometres (TKM) of electrification infrastructure and associated electrical assets.

The contract is to be executed within 24 months from the date of issuance of the Letter of Acceptance.

The company said that neither the promoter nor promoter group has any interest in the awarding entity, and the transaction does not fall under related party transactions.

Texmaco Rail & Engineering (TEXMACO) is a listed company and part of the Adventz Group. Texmaco is a key player in the railway and infrastructure sector. It operates across three business segments: Freight Cars, Rail Infrastructure & Green Energy, and Infrastructure ? Electrical.

The company reported a 44.65% decline in consolidated net profit to Rs 42.27 crore in Q3 FY26, compared to Rs 76.38 crore posted in Q3 FY25. Revenue from operations fell 21.45% year-on-year (YoY) to Rs 1,041.59 crore in the quarter ended 31 December 2025.

Shares of Texmaco Rail & Engineering fell 1.81% to Rs 111.50 on the BSE.

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