Texmaco Rail And Engineering has received an order from South Western Railway valued at Rs 276.7 million (mn). The order was announced on 16 February 2026 and relates to supply activity under the railway's procurement plan. The firm indicated that the contract will be executed from its existing facilities and will involve engineering and manufacturing services aligned to rail sector requirements. The announcement noted the order adds to the company's active work pipeline and will support short term operations.

This contract award follows routine tendering processes managed by South Western Railway and reflects continued demand for rail engineering services in the region. The company is required to comply with stipulated technical specifications and delivery schedules set by the railway authority. Execution will involve coordination with suppliers and subcontractors and adherence to applicable safety and quality standards. The order size is modest relative to major infrastructure programmes but is material for project throughput.

Management described the order as contributing to revenue visibility for the near term and as helping to sustain factory utilisation. The work is expected to be integrated within existing production plans and to leverage current capacity without significant capital expenditure. Cash flows from the contract are anticipated to be realised over the delivery period as invoices are raised and payments received under the contract terms. The award forms part of ongoing commercial activity in the rail equipment segment.

The company will proceed with mobilising resources and initiating project planning while maintaining regulatory and contractual compliance. Stakeholders were informed of the development in its announcement and the firm will provide further updates as the project progresses. The transaction underscores steady procurement by Indian railways and the role of domestic engineering vendors in meeting equipment requirements. Investors and industry observers will monitor subsequent contract execution and delivery milestones.