Texmaco Rail & Engineering Strengthens Order Book with ₹126 Crore Wins in Freight Wagon Segment

Executive Summary Texmaco Rail & Engineering Ltd. has successfully secured two significant domestic contracts cumulatively valued at approximately ₹126.27 crore. These mandates, awarded by key logistics players IVC Logistics and APL Logistics Vascor Automotive, underscore the company's robust positioning in the freight wagon manufacturing sector and provide continued revenue visibility through the fiscal year 2027. Key Order Developments IVC Logistics Mandate: Valued at ₹62.21 crore (excluding taxes), this contract involves the manufacturing and supply of rakes consisting of ACT1 wagons along with BVCM Design-C wagons. The project execution timeline is set for completion by August 2026. APL Logistics Vascor Automotive Mandate: A distinct order worth ₹64.06 crore (excluding taxes) regarding the supply of ACT1 wagon rakes accompanied by BVCM-type brake vans. The delivery schedule for this contract targets completion by September 2026. Operational & Strategic Impact Both contracts are domestic in nature and serve to reinforce Texmaco’s footprint in the specialized logistics infrastructure space. In a regulatory filing, the company confirmed that these orders do not fall under related party transactions, and neither the promoter nor the promoter group holds any interest in the awarding entities. These wins follow a strong precedent set in September 2025, when the firm secured an ₹86.85 crore order from UltraTech Cement, signaling sustained demand momentum for specialized rolling stock. Market Reaction Despite the positive operational updates, market sentiment remained subdued during the trading session on Friday, January 9, 2026. Shares of Texmaco Rail settled at ₹126.45 on the BSE, marking a decline of 1.94% from the day's opening price.