Texmaco Rail Approves Dividend, Defence Expansion, and Sigma Rail Collaboration

Texmaco Rail Approves Dividend, Defence Expansion, and Sigma Rail Collaboration​

Texmaco Rail & Engineering Limited, an Adventz Group company, announced key outcomes following its Board of Directors meeting on May 12, 2026. The Board approved the audited financial results (Standalone and Consolidated) for the quarter and year ended March 31, 2026, and recommended a dividend for the shareholders.

The company also greenlit significant strategic moves, including expanding its footprint in the Defence industry and formalizing a collaboration with Sigma Rail Systems Pvt. Ltd.

Financial Results for Q/Y Ended March 31, 2026​

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

In the Standalone financial results for the year ended March 31, 2026:

• Revenue from Operations totaled 4,37,139.89 Lakhs.
• Total Income reached 4,42,289.80 Lakhs.
• Net Profit after tax was reported at 18,699.80 Lakhs.
• Earnings per Share (Basic) stood at 4.64.

The Consolidated Standalone financial results for the year ended March 31, 2026, showed:

• Total Income of 5,16,424.69 Lakhs.
• Total Assets stood at 4,83,695.29 Lakhs.
• Net Worth was 2,33,008.08 lakhs, after adjusting for a provision of contingencies.

The company detailed its segment performance, noting that the total segment revenue for the quarter ended March 31, 2026, was 1,16,361.47 Lakhs (Standalone) and 1,16,696.93 Lakhs (Consolidated).

Strategic Approvals and Business Expansion​

The Board approved several key corporate actions:

1. Dividend Recommendation: The Board recommended a dividend of 75 percent, amounting to Re. 0.75/- per fully paid-up Equity Share of Re. 1/- each, for the financial year 2025-26, subject to approval by the shareholders at the ensuing Annual General Meeting (AGM).
2. Defence Business Investment: The company approved the entry into the defence business through its subsidiary, Texmaco Defence Technologies Ltd. This includes a planned investment up to Rs. 200 Crores over the next 3 to 5 years.
3. Sigma Rail Collaboration: The Board also approved an agreement with Sigma Rail Systems Pvt. Ltd. ('Sigma Rail'). This collaboration aims to support the company in the field of Railway Signalling, Components system, Safety and Power Electronics related financing, Technical & Infrastructure support.

Auditing and Statutory Appointments​

For the Financial Year 2026-27, the Board of Directors approved the re-appointment of external auditors:

• Internal Auditors: M/s. Deloitte Touche Tohmatsu India, LLP, Chartered Accountants.
• Cost Auditors: M/s. DGM & Associates, Cost Accountants.

Financial Statements Snapshot (Figures in Lakhs)​

The detailed Standalone and Consolidated financial results for the respective periods are presented below.

Statement of Profit/(Loss) before Tax (Standalone & Consolidated)


Total Assets (in Lakhs)

TEXRAIL Stock Price Movement​

Texmaco Rail & Engineering Limited shares today slipped by 6.13% to settle at ₹105.71 in after-hours trading. The stock shed ₹6.86, hitting a day low of ₹104.72 amid a high volume of 2.26 million shares traded.