Texmaco Rail and Engineering Limited (Texmaco) has secured an order worth Rs 414.7 mn from Sushila Transport for the supply of Auto Car Taller Wagon (ACT 1) and Brake Van (BVCM) units built to the latest Research Designs and Standards Organisation drawings. Delivery of the rakes is scheduled to be completed by 31 December 2026, with the company indicating the production and delivery timeline will adhere to contractual milestones. The firm confirmed that neither its promoters nor promoter group entities have any interest in the awarding company and that the contract does not qualify as a related-party transaction.

Texmaco, part of the Adventz Group, operates across three business segments: Freight Cars; Rail Infrastructure and Green Energy; and Infrastructure Electrical, providing rolling stock and associated services to domestic and infrastructure clients. The company said the order reinforces its presence in the freight wagon market and contributes to its manufacturing throughput for the fiscal year. Management commentary in the filing highlighted the technical nature of the units and compliance with RDSO specifications as key aspects of the contract.

In the third quarter of fiscal 2026 the company reported a consolidated net profit of Rs 422.7 mn, representing a 44.65 per cent decline from Rs 763.8 mn in the third quarter of the previous fiscal year. Revenue from operations for the quarter ended 31 December 2025 declined 21.45 per cent year-on-year to Rs 10.42 bn, reflecting softer demand across segments and project execution timing. The company noted these results alongside ongoing order execution and the recent award as part of its operational update.

Following the announcement the counter fell 4.09 per cent to Rs 84.83 on the BSE, with the movement reflecting market digestion of quarterly results and order book developments. The order for ACT 1 and BVCM wagons is expected to be integrated into the existing production schedule and to support utilisation of manufacturing facilities through the year end. Investors will watch delivery progress and subsequent contracts as indicators of recovery in the rail and infrastructure segment.