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The company also claims to be the only significant Indian exporter of freight rolling stock and components, further supporting its revenue visibility.
Texmaco Rail & Engineering is confident of sustaining a 35-40% revenue growth rate in FY26, buoyed by a healthy order book, strong momentum in its freight rolling stock business, and an expanding presence in rail infrastructure solutions.
Speaking to CNBC-TV18, Managing Director Sudipta Mukherjee said the company remains focused on its core freight and components business while actively expanding into adjacent verticals.
The company, which posted a 46% revenue jump and a 77% rise in EBITDA in FY25, expects to carry forward its improved operational performance into the new fiscal. Margin expansion is also likely to continue, with Mukherjee indicating the company could sustain margins above 10%, aided by a better product mix and higher efficiencies.
Texmaco is also preparing to unlock further value through a demerger of its rail infrastructure systems and solutions business into a wholly-owned subsidiary. “With the government’s push and huge financial allocations in rail infra and signalling, we feel this business has huge potential to grow and to show results in the very near term,” Mukherjee said.
The company also claims to be the only significant Indian exporter of freight rolling stock and components, further supporting its revenue visibility.
Mukherjee said Texmaco is well-positioned to cater to the government’s increasing focus on modern railway solutions. “We have been pioneers in bringing in advanced technology and products,” he said, adding that the company has strong joint ventures with global players to support these capabilities.
While FY25 did not see many large tenders from Indian Railways, Mukherjee noted that the slowdown was expected due to the long-term contract cycle and the government’s near-term focus on decongesting rail networks. However, he expects new tenders, particularly for conventional rolling stock, to pick up soon. Texmaco has already secured a share in some of the contracts floated during the year.
Watch accompanying video for entire conversation.
