This filing is part of the company’s quarterly result. Read the full results article, with every figure explained →
Board approves Dividend
TEXRAIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 13.4 pts more than Nifty Microcap 250 and 13.9 pts more than its Industrial Manufacturing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Texmaco Rail & Engineering Ltd's Board declared a dividend of Rs. 0.75 per equity share (75%) for FY2025-26, subject to shareholder approval. The company reported standalone revenue of Rs. 4,37,140 lakhs (up 3.2% YoY) and standalone PAT of Rs. 18,700 lakhs (up 8.6% YoY). However, consolidated PAT declined 22% to Rs. 19,357 lakhs from Rs. 24,888 lakhs due to lower JV contributions. Auditors L.B. Jha & Co. issued a qualified opinion because the company created a Rs. 700 crore contingency provision charged directly to free reserves (not through P&L), citing geopolitical and macro risks. An exceptional item of Rs. 302.26 lakhs was recorded for labour code impact (gratuity/leave). The Board also approved up to Rs. 200 crore investment in defence business via Texmaco Defence Technologies Ltd over 3-5 years and a collaboration with Sigma Rail Systems Pvt. Ltd for signalling and power electronics.
The qualified audit opinion and Rs. 700 crore off-balance sheet contingency provision raise concerns about risk transparency and earnings quality, though the dividend signals management confidence. The sharp decline in consolidated PAT and non-standard accounting treatment may weigh on investor sentiment despite healthy standalone performance.
| Q4 FY26 | Q4 FY25 | Change | |
|---|---|---|---|
| Revenue | ₹1,167 Cr | ₹1,346 Cr | −13.3% |
| Operating profit | ₹62.78 Cr | ₹52.38 Cr | +19.9% |
| Profit after tax | ₹58.04 Cr | ₹39.16 Cr | +48.2% |
| EBITDA margin | 9.1% | 7.3% | +1.9 pp |
From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.