
Texmaco Rail & Engineering Limited has received a Letter of Intent (LoI) worth ₹253.28 crore from JSW (South) Rail Logistics Private Limited for the manufacture and supply of railway wagons.
The order further strengthens the company's order book and reinforces its position in India's railway rolling stock manufacturing segment.
The company has been selected by JSW (South) Rail Logistics for the manufacture and supply of BFNSM1 rakes along with BVCM wagons.
The order has been awarded by a domestic entity and falls within Texmaco Rail's core business operations.
According to the company's regulatory filing, the total value of the contract stands at ₹253.28 crore, including taxes.
The contract represents a significant addition to Texmaco Rail's railway wagon manufacturing portfolio.
Texmaco Rail will execute the order within 13.5 months from the effective date or commencement of work.
The defined execution schedule provides revenue visibility for the company over the coming quarters.
Demand for specialised freight wagons has remained strong amid rising investments in logistics infrastructure and rail-based cargo transportation.
The latest order highlights continued traction in the private freight wagon market, benefiting railway equipment manufacturers.
As of 19 June 2026, Texmaco Rail share price was closed at ₹109.75 per share, reflecting a surge of 0.39% from the previous trading session.
Texmaco Rail & Engineering has secured a ₹253.28 crore order from JSW (South) Rail Logistics for the manufacture and supply of BFNSM1 rakes and BVCM wagons. The contract is scheduled for execution within 13.5 months and adds to the company's growing railway wagon order book.
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Published on: Jun 20, 2026, 11:38 AM IST

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