Texmaco is a premier multi-discipline engineering and infrastructure company with a proven track record of manufacturing excellence, with its primary aim to establish itself as a house of indisputable manufacturing excellence and become the preferred one-stop-shop for railway solutions in India and worldwide. A key strategy involves forming collaborations with global partners to enhance its components business, boost productivity, and increase supply volume in foreign markets.
Cyborg Score Rationale
Q3 FY25 net sales fell 4.2% YoY to Rs 1,040.8 Cr, with net profit down 17.8% to Rs 38.7 Cr, though EBITDA rose 2.3% YoY to Rs 105.2 Cr. Recent JV agreement with RVNL signed on Feb 19, 2026, combining manufacturing and rail project expertise, targeting rolling stock and rail EPC projects in India and overseas. Mixed financial performance offset by strategic initiatives.
Top Insights
The company holds the largest Indian Railway casting foundry capacity with a total foundry capacity of 48,000 MT
Successfully completed erection and commissioning of Hydro-Mechanical systems for the 2000 MW Subansiri Lower Hydroelectric Project as sole HM contractor
Company has a low return on equity of 6.35% over last 3 years, indicating operational efficiency challenges
Recent joint venture with RVNL positions company for growth in rolling stock and rail EPC projects aligned with Atmanirbhar Bharat initiative
Named Competitors
Freight Car Manufacturing — Joint venture partner for rolling stock and rail EPC projects