Texmaco Rail & Engineering Ltd. has announced its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors has recommended a dividend of 75% (Re. 0.75 per equity share). The company is also moving forward with a major ₹200 crore investment into its defence subsidiary and a new strategic collaboration in railway signaling and power electronics, aiming to drive long-term business diversification.
Financial Performance Overview
For the financial year ended March 31, 2026, Texmaco reported consolidated revenue of ₹4,377.26 crore, with a net profit of ₹193.57 crore. The standalone annual revenue stood at ₹4,371.40 crore, yielding a net profit of ₹186.99 crore. The Board has proposed a final dividend of Re. 0.75 per fully paid-up equity share of Re. 1 face value, pending approval from shareholders at the upcoming Annual General Meeting.
Strategic Business Expansion
Texmaco is actively expanding its business horizon, most notably in the defence sector. The company has approved an investment of up to ₹200 crore over the next 3 to 5 years into its subsidiary, Texmaco Defence Technologies Ltd., to establish a stronger footprint in defence-related manufacturing.
Collaborations and Operational Updates
To bolster its technical capabilities, the company has signed a collaboration agreement with Sigma Rail Systems Pvt. Ltd. This partnership focuses on enhancing competitiveness in railway signalling, component systems, safety, and power electronics through joint infrastructure and technical support. Additionally, the company has re-appointed Deloitte Touche Tohmatsu India, LLP as Internal Auditors and DGM & Associates as Cost Auditors for the 2026-27 financial year.
Capital Expenditure and Project Status
Regarding ongoing capital expenditure for capacity expansion at Paradip, Odisha and Kolkata/Howrah, West Bengal, the company remains committed to its growth trajectory. While the progress is currently ongoing, the management continues to align its infrastructure development with global demand for casting products.
Source: BSE
