Texmaco Rail & Engineering Limited — Earnings Release 2026

Nov 12, 2025

==> picture [595 x 95] intentionally omitted <==

12[th] November, 2025

National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex Bandra (E), Mumbai – 400051 Symbol – TEXRAIL

BSE Limited P. J. Towers, Dalal Street, Mumbai – 400001 Scrip Code – 533326

Dear Sirs,

In continuation to our letter dated 11[th] November, 2025 forwarding the Financial Results for the quarter and half year ended 30[th] September, 2025, we are now enclosing herewith a copy of Press Release issued by the Company on the said Financial Results, for your information and record.

Thanking you,

Yours faithfully,

For Texmaco Rail & Engineering Limited

SANDEEP Digitally signed by SANDEEP KUMAR KUMAR SULTANIA Date: 2025.11.12 SULTANIA 12:25:43 +05'30'

Sandeep Kumar Sultania Company Secretary & Compliance Officer

==> picture [595 x 95] intentionally omitted <==

==> picture [140 x 37] intentionally omitted <==

PRESS RELEASE

Texmaco Rail & Engineering Limited Reports Strong Performance in Q2 FY26 with Strategic Growth Initiatives

Kolkata/New Delhi, November 12, 2025: Texmaco Rail & Engineering Limited (“Texmaco” or the “Company”), a leading manufacturer of freight wagons and provider of railway infrastructure in India, today announced its unaudited financial results for the second quarter (Q2 FY26) and half year ended September 30, 2025.

Commenting on the company’s performance, Mr. Indrajit Mookerjee, Vice Chairman & Executive Director of Texmaco Rail & Engineering Limited , stated, “Texmaco delivered a resilient performance in Q2 FY26, with revenue of ₹1,258 crore and EBITDA of ₹132 crore, reflecting a margin of 10.5%. Profit After Tax (PAT) stood at ₹64 crore. The quarter began with supply constraints in wagon wheelsets, which have since normalized. Export volumes were also impacted by US tariffs. For H1 FY26, revenue reached ₹2,169 crore, with EBITDA of ₹211 crore and PAT of ₹93 crore. Our order intake shows strong traction across freight mobility, traction systems, and rail infrastructure.”

The company further highlighted the successful integration of Texmaco West Rail Limited, which has streamlined operations and enhanced execution efficiency. Its joint venture with Rail Vikas Nigam Limited (RVNL) strengthens its capabilities in rolling stock manufacturing and infrastructure projects. These developments are aligned with Indian Railways' record capital expenditure of ₹1.42 trillion in H1 FY26, focused on electrification, multi-tracking, and safety upgrades—key areas where the company is well-positioned to contribute.

Mr. Sudipta Mukherjee, Managing Director of Texmaco Rail & Engineering Limited , added, “Texmaco delivered 2,334 freight cars in Q2 FY26, marking a 28.5% increase compared to Q1. Volumes in our Foundry Division stood at 8,413 MT, slightly lower due to halted exports. We have secured new orders across freight wagons and traction systems, reinforcing our focus on execution. Additionally, we are collaborating with Hörmann Vehicle Engineering GmbH under the Global Capability Centre initiative to provide world-class design services for passenger mobility and locomotives, combining German engineering with Texmaco’s manufacturing strength.”

The adoption of the 2×25 kV electrification system by Indian Railways is driving demand for traction systems and specialized freight stock. The company expects stronger growth in its Rail and Infrastructure division, supported by a favourable policy environment and an expanding project pipeline.

Financial Highlights (Consolidated):

• Q2 FY26 Revenue from Operations: ₹1,258 crore

• EBITDA: ₹132 crore (Margin: 10.5%)

• Profit After Tax (PAT): ₹64 crore (Margin: 5.0%)

• H1 FY26 Revenue from Operations: ₹2,169 crore

• EBITDA: ₹211 crore (Margin: 9.7%)

• PAT: ₹93 crore

• Order Book as on September 30, 2025: ₹6,367 crore

Corporate Developments:

• Completion of amalgamation with Texmaco West Rail Limited (formerly Jindal Rail & Infrastructure Ltd.)

• Received NOC(s) from both Bombay Stock Exchange and National Stock Exchange for transfer of Infra- Rail and Green Energy business into a 100% subsidiary on slump exchange basis.

• CARE Ratings upgraded Texmaco’s Long-Term Rating to A (Stable) and Short-Term Rating to A1

About Texmaco Rail & Engineering Limited: Texmaco Rail & Engineering Limited (TEXMACO) is a listed company and part of the Adventz Group. Texmaco is a key player in the railway and infrastructure sector. It operates across three business segments: Freight Cars, Rail Infra & Green Energy, and Infra–Electrical. TEXMACO is headquartered in Kolkata and boasts seven manufacturing facilities in West Bengal, Gujarat, and Chhattisgarh. Specialising in rolling stock, loco components, hydro-mechanical equipment, rail infra, bridges, and steel structures, Texmaco manufactures freight cars for Indian Railways, private sector clients, and export markets. With strategic joint ventures with global leaders like Wabtec and Touax, Texmaco enhances its market reach. As a significant exporter, Texmaco contributes to the 'Atmanirbhar Bharat' initiative, reinforcing India's position in global railway manufacturing.

For more information, visit: www.texmaco.in

For more details, please contact: Indranil Basu indranil.basu@texmaco.in