Highlights
- Texmaco Rail received two manufacturing and supply orders worth Rs. 351.16 Cr.
- Orders were awarded by JSW (South) Rail Logistics and Sushila Transport.
- Execution timelines extend up to October 2027 for the contracted deliveries.
Texmaco Rail & Engineering Limited (NSE:TEXRAIL) has informed the stock exchanges that it has received two separate orders aggregating to Rs. 351.16 Cr under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company stated that the orders have been awarded by JSW (South) Rail Logistics Private Limited and Sushila Transport Private Limited. The disclosure was submitted to both the National Stock Exchange and BSE Limited.
Order Details from JSW Rail Logistics
The first order, valued at Rs. 253.28 Cr, has been awarded by JSW (South) Rail Logistics Private Limited. As per the filing, the order involves the manufacture and supply of BFNSM1 rakes along with BVCM wagons. The contract is classified as domestic in nature.
Texmaco Rail noted that the earlier intimation for this order was already submitted on June 19, 2026, following receipt of a Letter of Intent from the client. The execution timeline for this order is set at 13.5 months from the commencement of work.
Order from Sushila Transport
The second order has been awarded by Sushila Transport Private Limited, with a contract value of Rs. 97.88 Cr. The scope of work includes manufacturing and supply of ACT1 rakes along with BVCM wagons. The order is also domestic in nature.According to the company, this order is to be executed on or before October 31, 2027.
Execution Timelines and Project Scope
Both contracts involve the manufacturing and supply of rail wagons and associated rakes. The combined order value of Rs. 351.16 Cr reflects two separate domestic contracts with different execution timelines.
The company has confirmed that neither its promoter group nor group companies have any interest in the awarding entities, and both contracts do not fall under related party transactions.
Regulatory Disclosure
Texmaco Rail submitted the disclosure to stock exchanges in compliance with SEBI (LODR) Regulations, 2015 and related circulars. The communication was signed by the Chief Financial Officer, Kishor Kumar Rajgaria.
Key Risks
- Execution timelines extend up to 2027, requiring long project delivery cycles.
- Manufacturing delays may impact contractual schedules.
- Order execution depends on timely supply chain and raw material availability.
- Revenue recognition is spread across multiple financial periods.
Summary
Texmaco Rail has received two domestic orders worth Rs. 351.16 Cr from JSW (South) Rail Logistics and Sushila Transport. The contracts involve manufacturing and supplying BFNSM1 and ACT1 rakes along with BVCM wagons. Execution timelines extend up to October 2027, with one order scheduled within 13.5 months from commencement.
FAQs
Q: What is the total order value received by Texmaco Rail?
A: Texmaco Rail received two orders aggregating to Rs. 351.16 Cr from domestic clients.
Q: Who are the customers for these rail contracts?
A: The orders were awarded by JSW (South) Rail Logistics Private Limited and Sushila Transport Private Limited.
Q: What is the execution timeline for the orders?
A: The contracts are scheduled for execution within 13.5 months and up to October 31, 2027.