Texmaco Rail & Engineering Limited (TEXRAIL) — Announcement | 27 June 2026

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Texmaco receives Letter of Intent for electrical equipment contract

Texmaco Rail & Engineering announced receipt of a Letter of Intent from Mangalore Coal Terminal for design, supply, erection, testing, and commissioning of 25KV, 50Hz overhead electrical equipment valued at Rs. 4.71 crores. The order is domestic, falls within a 12-month execution window, and involves no related-party transactions. This contract expands Texmaco's infrastructure services exposure in the power sector, offering modest revenue uplift and diversification beyond rail engineering. Investors should note the financial impact is limited but signals entry into adjacent energy markets with execution risk tied to project timelines.

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About Texmaco Rail & Engineering Limited (TEXRAIL)

Capital Goods · Industrial Manufacturing · Listed on NSE

Market Cap: ₹4,728.99 Cr P/E: 19.5

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