- CEO
- Sudipta Mukherjee
- Full Time Employees
- 7,085
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Belgharia Kolkata WB India 700056
- IPO Date
- Mar 1, 2011
- Business
- Texmaco Rail & Engineering Limited is an Indian engineering and infrastructure company primarily engaged in the manufacture of railway rolling stock including freight wagons, passenger coaches, EMUs, locomotive shells and components, hydro-mechanical equipment, steel castings, and fabrication of heavy steel structures for railway bridges, flyovers, and power plants. The company also provides comprehensive railway infrastructure solutions including rail EPC, track laying, signalling systems, and electrification services. It serves Indian Railways, private freight operators, metro rail projects, and exports to international markets. Founded in 1939 and headquartered in Kolkata, India, Texmaco operates through various business segments including Rolling Stock, Hydro-Mechanical Equipment, Steel Foundry, and Infrastructure.
In the last two years, Texmaco has made significant strategic advancements including the July 2024 acquisition of Jindal Rail & Infrastructure Limited, a maker of rolling stock, which expanded Texmaco’s manufacturing capacity and geographic footprint in Western India and enhanced export capabilities. The company also acquired a majority stake in Saira Asia in June 2024, a global railway interiors firm based in Vadodara, reinforcing its position in passenger mobility. Joint ventures, such as with Czech freight manufacturer Nymwag, support ambitious production expansion with upcoming new factories, including one in Sodepur. Recent contract wins include large orders for railway wagons and infrastructure projects from Indian Railways subsidiaries, Rail Vikas Nigam Limited, Delhi Metro Rail Corporation, and private sector clients like UltraTech Cement, indicating strong order book growth and operational momentum.
Texmaco Rail & Engineering operates primarily in the Indian subcontinent but is expanding its global presence with exports and international partnerships. The company emphasizes innovation in engineering and integration of end-to-end rail solutions, which aligns with its vision to become a global leader in railway manufacturing and infrastructure services. The company is publicly listed under the ticker TEXRAIL.NS and is part of the Adventz Group, headquartered in Kolkata, India. Its diversified product portfolio includes freight wagons; passenger train coaches; locomotive shells; bogies and wheelsets; hydro-mechanical and process equipment such as pressure vessels and heat exchangers; and steel structures for power plants and infrastructure projects. Major recent operational expansions include capacity scaling, vertical integration through acquisitions, and elevated private sector freight car orders contributing to enhanced EBITDA margins.
This extensive and diversified offering positions Texmaco as a comprehensive rail engineering and infrastructure provider with sustained growth driven by strategic acquisitions, joint ventures, and new product launches targeting both domestic and international railway markets.