Highlights
- Texmaco receives ₹27.67 crore order from South Western Railway for two-year OHE and power supply maintenance across Mysore Division.
- The company secures ₹219.18 crore contract from Mumbai Railway Vikas Corporation for signalling works under MUTP-IIIA.
- With these contracts, Texmaco’s cumulative OHE and power supply maintenance portfolio expands to 3,702.62 track kilometres.
Texmaco Rail & Engineering Ltd (NSE:TEXRAIL) has secured two significant orders from Indian railway authorities, marking a notable expansion in its infrastructure services. On 16 February, the company announced contracts, covering both electrification maintenance and signalling equipment supply. These orders highlight Texmaco’s growing footprint in railway operations across multiple divisions in India.
Texmaco Wins OHE Maintenance Contract in Mysore
Texmaco Rail has been awarded a ₹27.67 crore contract by South Western Railway to undertake comprehensive annual maintenance and breakdown restoration of Overhead Equipment (OHE) and power supply installations across the Mysore Division. The contract, spanning two years and covering 1,046 track kilometres, includes routine, preventive, and emergency maintenance of traction power systems. Excluding GST, the contract value stands at ₹23.45 crore.
This order increases Texmaco’s total maintenance portfolio to 3,702.62 track kilometres, including assets in the Bengaluru Division and selected sections of the Dedicated Freight Corridor. The contract reinforces the company’s position in railway electrification services, ensuring uninterrupted operations of critical power systems.
Mumbai Signalling Project Adds ₹219 Crore to Texmaco’s Order Book
In a separate development, Texmaco Rail has received a ₹219.18 crore order from M/s. Mumbai Railway Vikas Corporation Ltd. for the design, supply, installation, testing, and commissioning of signalling equipment for a proposed Mumbai Suburban line under MUTP-IIIA. The project is scheduled for completion within 36 months from the issuance of the Notice to Proceed.
This contract further strengthens Texmaco’s presence in urban rail infrastructure projects, complementing its existing portfolio across Indian Railways divisions. The order also highlights domestic demand for specialized railway engineering services in signalling and track operations.
Expanding Footprint Across Indian Railways
With these new awards, Texmaco Rail & Engineering consolidates its role as a key player in railway infrastructure, offering integrated services for both electrification and signalling projects. The company now manages thousands of track kilometres of maintenance and multiple high-value signalling projects, positioning it for continued engagement with Indian Railways and urban transport authorities.
Share Performance Snapshot
Shares of Texmaco have seen notable fluctuations over the past year. In recent trading, the stock has dipped compared with its levels a year ago, with the 52‑week range showing a high near ₹189 and a low close to ₹111 on the NSE. Recent data indicates a nearly 17% year‑on‑year decline in share price performance. However, the stock has at times responded positively to major contract announcements, with trading sessions showing 5.30% gains following significant order wins.
FAQ
Q1: What is the total value of the orders Texmaco Rail received on 16 February?
A1: Texmaco Rail received orders totaling multi crore, including ₹27.67 crore for OHE maintenance and ₹219.18 crore for signalling equipment supply.
Q2: Which railway divisions will benefit from Texmaco’s OHE maintenance contract?
A2: The OHE maintenance contract covers the Mysore Division, adding to Texmaco’s existing operations in the Bengaluru Division and sections of the Dedicated Freight Corridor.
Q3: What is the timeline for the Mumbai signalling project under MUTP-IIIA?
A3: The Mumbai signalling project is scheduled to be completed within 36 months from the issuance of the Notice to Proceed.