Texmaco Rail & Engineering lands Rs 187 Cr order from Southern Railway
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Data Extracted via Frism DocuLens
- Texmaco Rail & Engineering Ltd. (TEXRAIL) landed a Rs 187.28 crore non‑related‑party order from Southern Railway to supply interlocking arrangements for 183 gates across four contracts.
- The project will be executed over 18 months, with cash received on a milestone basis, bolstering short‑term liquidity.
- Assuming a 15‑20% gross margin, the deal could add roughly Rs 28‑37 crore to EBITDA and lift top‑line revenue in FY 2026‑27 and FY 2027‑28.
- The contract reinforces Texmaco’s role as a key supplier to Indian Railways, offering a reference case for future railway‑safety projects while keeping execution risks manageable.
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