Texmaco Bags Rs 187 Crore Orders from Kochi Metro and Vedanta
ECONOMY & POLICY

Texmaco Bags Rs 187 Crore Orders from Kochi Metro and Vedanta

Texmaco has secured orders worth Rs 187 crore (1.87 billion (bn)) from Kochi Metro and Vedanta, the company announced on Wednesday. The contracts are for supply and services across its engineering and manufacturing divisions and will strengthen the firm's near term order book. The awards reflect rising infrastructure activity and demand from industrial customers, according to the company. The deals add significant revenue visibility for the coming quarters.

The Rs 187 crore value converts to 1,870 mn and represents a notable addition to Texmaco's contract backlog. The Kochi Metro award will support urban transit equipment requirements while the Vedanta contract aligns with heavy industry supply chains, the firm disclosed. Execution timelines have been set with phased deliveries and project milestones to align with client schedules. The orders will be integrated into current production plans to optimise resource allocation.

The company indicated operational readiness to execute the projects and outlined measures for quality control and compliance to meet client specifications. Capital allocation will be directed to support manufacturing throughput and working capital needs arising from the contracts. Management highlighted capacity planning and project management processes that will govern delivery and completion. These internal steps are intended to maintain operational discipline during ramp up.

Texmaco will reflect the orders in its forthcoming financial statements and incorporate delivery schedules into corporate reporting. The contracts are positioned to underpin short term revenue growth and provide a basis for bidding in urban infrastructure and industrial segments. Management reaffirmed commitment to timely delivery and adherence to standards as operations scale. Market participants will closely monitor subsequent order book movements and execution metrics for sector signals.

Texmaco has secured orders worth Rs 187 crore (1.87 billion (bn)) from Kochi Metro and Vedanta, the company announced on Wednesday. The contracts are for supply and services across its engineering and manufacturing divisions and will strengthen the firm's near term order book. The awards reflect rising infrastructure activity and demand from industrial customers, according to the company. The deals add significant revenue visibility for the coming quarters. The Rs 187 crore value converts to 1,870 mn and represents a notable addition to Texmaco's contract backlog. The Kochi Metro award will support urban transit equipment requirements while the Vedanta contract aligns with heavy industry supply chains, the firm disclosed. Execution timelines have been set with phased deliveries and project milestones to align with client schedules. The orders will be integrated into current production plans to optimise resource allocation. The company indicated operational readiness to execute the projects and outlined measures for quality control and compliance to meet client specifications. Capital allocation will be directed to support manufacturing throughput and working capital needs arising from the contracts. Management highlighted capacity planning and project management processes that will govern delivery and completion. These internal steps are intended to maintain operational discipline during ramp up. Texmaco will reflect the orders in its forthcoming financial statements and incorporate delivery schedules into corporate reporting. The contracts are positioned to underpin short term revenue growth and provide a basis for bidding in urban infrastructure and industrial segments. Management reaffirmed commitment to timely delivery and adherence to standards as operations scale. Market participants will closely monitor subsequent order book movements and execution metrics for sector signals.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code