Texmaco Rail Announces Board Outcomes, Approves Defence Business Entry, and Declares Dividend Recommendation

Texmaco Rail Announces Board Outcomes, Approves Defence Business Entry, and Declares Dividend Recommendation​

Texmaco Rail & Engineering Limited announced the outcomes of its Board of Directors meeting held on May 12, 2026. The company released the Audited and Consolidated Financial Results for the quarter and year ended March 31, 2026, alongside several key corporate decisions regarding strategic investments, collaborations, and governance.

Financial Highlights and Dividend Recommendation​

The company reported its financial results for the quarter and financial year ended March 31, 2026.

The Board recommended a dividend of 75% or Re. 0.75 per fully paid-up Equity Share of Re. 1 each for the financial year 2025-26. This dividend will be credited or dispatched on or before 30 days from the date of the Annual General Meeting (AGM).

Statutory Auditors, M/s L.B. Jha & Co. LLP, Chartered Accountants, issued audit reports with a modified opinion on the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026.

The financial performance data for the company, presented in Lakhs, is summarized below:

Consolidated Total Income (Lakhs)


Key Financial Statement Data (Lakhs)

Strategic and Collaborative Agreements​

The Board of Directors approved several major strategic initiatives:

1. Defence Business Expansion: The company approved entering the defence business through its subsidiary, Texmaco Defence Technologies Ltd. (TDTL). This includes an investment of up to Rs. 200 Crores in TDTL over the next 3 to 5 years.
2. Railway Collaboration: An agreement was finalized with Sigma Rail Systems Pvt. Ltd. ('Sigma Rail') for collaboration in the field of Railway Signalling, Components system, Safety, and Power Electronics related financing, technical support, and infrastructure support.
3. Segment Diversification: The Board also approved establishing a new segment, "Real Estate," to reflect the financials of the business, following the transfer of surplus land to Stock in trade.

Governance Appointments​

The Board of Directors also passed resolutions for the re-appointment of key auditors for the Financial Year 2026-27:

• M/s Deloitte Touche Tohmatsu India, LLP, Chartered Accountants, were re-appointed as the Internal Auditors.
• M/s DGM & Associates, Cost Accountants, were re-appointed as the Cost Auditors.

Operational Updates and Segment Revenue​

The company's segment revenue data for the quarter and year ended March 31, 2026, shows a robust performance across key divisions.

Segment Revenue Comparison (Lakhs)


The full audited financial results, including detailed statements of segment revenue and results, are available for reference.

TEXRAIL Stock Price Movement​

Today, Texmaco Rail & Engineering Limited shares edged higher, closing at ₹125.26 after gaining 3.12%. The stock saw robust activity on 64.64 million shares, finding support during the session between ₹121.04 and ₹130.75.