Kolkata-based Texmaco Rail & Engineering Ltd has secured a ₹140.55 crore contract from the Ministry of Railways to supply eight rakes of Flat Multi-Purpose (FMP) wagons, enhancing its total order book to ₹7,115 crore.
This development aligns with India’s push towards modernising its freight infrastructure and promoting sustainable transport solutions. The FMP wagons are designed for versatility, capable of transporting steel coils, containers, military vehicles, and supporting Roll-on/Roll-off (RoRo) operations. This adaptability is expected to streamline logistics across various sectors, including defence, manufacturing, and agriculture. The wagons are to be delivered within six months, reflecting Texmaco’s commitment to timely execution.
In a strategic move, Texmaco has also signed a Memorandum of Understanding (MoU) with Rail Vikas Nigam Limited (RVNL) to collaborate on railway infrastructure projects. This partnership aims to focus on the manufacture and maintenance of rolling stock, operation and maintenance of workshops, and future initiatives like the establishment of wheel set and bogie manufacturing facilities. The collaboration will also explore advancements in automation, digitalisation, and green technologies, reinforcing the commitment to sustainable and efficient railway operations.
Texmaco’s recent financial performance underscores its growth trajectory. The company reported a net profit of ₹39 crore in Q4FY25, with annual net sales increasing by 46% to ₹5,107 crore and net profit rising by 120% to ₹249 crore in FY25 compared to the previous fiscal year. The company’s market capitalisation stands at ₹6,521 crore as of May 30, 2025. The company’s shareholding pattern reveals that promoters hold 48.27%, Foreign Institutional Investors (FIIs) hold 8.14%, Domestic Institutional Investors (DIIs) hold 7.91%, and the public holds the remaining 35.68%. Texmaco’s stock has delivered multibagger returns of 190% over two years and an impressive 675% over five years, reflecting strong investor confidence.
Texmaco’s initiatives align with India’s broader goals of enhancing its railway infrastructure, promoting sustainable transport, and achieving self-reliance in manufacturing. The company’s focus on innovation and strategic partnerships positions it as a key player in the nation’s journey towards a modern and eco-friendly transportation network.
Also Read : Mumbai-Ahmedabad Bullet Train Trials Begin in Japan
