Texmaco Rail & Engineering has reported its audited financial results for the quarter and year ended March 31, 2026. Alongside the financial performance, the company announced a dividend of 75% (Re. 0.75 per share) for the fiscal year 2025-26. The board also approved a major strategic investment of up to ₹200 crore over the next 3 to 5 years into its defence business subsidiary and entered a collaborative agreement with Sigma Rail Systems Pvt. Ltd.
Annual Financial Performance
For the financial year ended March 31, 2026, Texmaco Rail & Engineering reported standalone total revenue of ₹4,42,289.80 lakh, with a net profit of ₹18,699.80 lakh. The consolidated results for the same period showed a total revenue of ₹4,41,430.91 lakh and a net profit of ₹19,357.08 lakh. The company has recommended a dividend of 75%, equivalent to Re. 0.75 per equity share of face value Re. 1, subject to shareholder approval at the upcoming Annual General Meeting.
Strategic Defence and Business Expansion
In a move to diversify its portfolio, the board has approved an investment of up to ₹200 crore into its subsidiary, Texmaco Defence Technologies Ltd., to be deployed over the next 3 to 5 years. This initiative aims to expand the company’s footprint into the defence manufacturing sector. Additionally, the company has entered into a strategic collaboration with Sigma Rail Systems Pvt. Ltd. This partnership focuses on railway signalling, component systems, safety, and power electronics, providing the company with access to technical expertise and supporting its entry into high-growth railway technology segments.
Operational Updates
The company also confirmed the re-appointment of its auditors for the 2026-27 financial year, with Deloitte Touche Tohmatsu India, LLP continuing as Internal Auditors and DGM & Associates as Cost Auditors. A Monitoring Agency report for the quarter ended March 31, 2026, regarding the company’s preferential issue, indicated no material deviation in the utilization of funds, with expansion projects at Paradip, Odisha and Kolkata/Howrah, West Bengal currently ongoing.
Source: BSE