Stock Movement and 52-Week Context
Texmaco Rail and Engineering Limited (NSE: TEXRAIL) shares moved higher intraday following the Q3 FY26 earnings announcement. The stock has seen volatility in recent months and remains below its 52-week peak, reflecting execution-linked swings typical of rail capex plays. No analyst upgrades, downgrades, or price-target revisions were reported alongside the results.
Q3 FY26 Financial Performance
Texmaco Rail reported revenue from operations of ₹1,042 crore for the quarter ended December 31, 2025. EBITDA stood at ₹102 crore, translating to a 9.6% margin. Profit after tax (PAT) came in at ₹42 crore, with a 4.0% margin. Basic and diluted EPS was ₹1.07 per share.
Year-on-Year Comparison
- Revenue: ₹1,042 crore vs ₹1,326 crore (down 21.5%)
- EBITDA: ₹102 crore vs ₹139 crore (margin 9.6% vs 10.4%)
- PAT: ₹42 crore vs ₹76 crore (margin 4.0% vs 5.7%)
- Sequentially, revenue declined from ₹1,258 crore in Q2 FY26
9M FY26 Financial Performance
- Revenue from operations: ₹3,210 crore
- EBITDA: ₹313 crore, margin 9.7%
- PAT: ₹136 crore, margin 4.2%
- EPS: ₹3.42 per share
Year-on-Year Comparison (9M)
- Revenue: ₹3,210 crore vs ₹3,760 crore (down 14.6%)
- EBITDA: ₹313 crore vs ₹411 crore (margin 9.7% vs 10.8%)
- PAT: ₹136 crore vs ₹210 crore (margin 4.2% vs 5.5%)
Q3 FY26 Operational Highlights
- Wagon sales: 2,027 units
- Foundry sales: 7,646 MT
- Freight car division revenue: ₹842 crore
9M FY26 Operational Highlights
- Wagon sales: 6,176 units
- Foundry sales: 25,326 MT
- Freight car division revenue: ₹2,510 crore
- Freight cars contributed about 81% of Q3 revenue, followed by infra-electrical and rail & green energy segments.
Order Book
The consolidated order book stood at ₹5,661 crore.
Segment mix:
- Freight car division: 41.8%
- Infra – Electrical: 32.3%
- Other subsidiaries/JVs: 16.6%
- Rail & Green Energy: 9.3%
- Freight car orders were split between Indian Railways (60.3%) and private/export customers (39.7%)