Texmaco Rail & Engineering Limited · NSE:TEXRAIL
Texmaco Rail & Engineering — Q3 FY25 Earnings Presentation
15 slides from Texmaco Rail & Engineering's earnings presentation, Feb 3, 2025
Slide 1: Earnings Presentation Q3 and 9M FY25
(BSE: 533326 NSE: TEXRAIL) Earnings Presentation Q3 and 9M FY25 3rd February, 2025 1
Slide 2: Texmaco: Consolidated Business Snapshot
Texmaco: Consolidated Business Snapshot Freight Car Division Rail Infra & Others India Infra - Rail Indian Export Infra – Private & Green Railways Markets Electrical Markets Energy 76% 12% 12% 100% 24% 15% 85% Steel Foundry Component Systems Rail Infra & Others Freight Cars Freight cars for Indian I
Slide 3: Consolidated Financial Highlights
Consolidated Financial Highlights Q3 FY25 Financial Highlights 9M FY25 Financial Highlights • Revenue from Operations of Rs. 1,326 Cr • Revenue from Operations of Rs. 3,760 Cr • EBITDA of Rs. 139 Cr with a margin 10.5% • EBITDA of Rs. 411 Cr with a margin 10.9% • PAT of Rs. 76 Cr with a margin 5.8%
Slide 4: Consolidated Q3 FY25 Financial Performance
Consolidated Q3 FY25 Financial Performance Rs. Crores Revenue from Operations 47.9% 1,346 1,326 896 Texmaco West Rail (previously Jindal Rail and Infrastructure) has been consolidated from 1st April 2024 (the date at which the lock box mechanism was agreed in the acquisition) Q3 FY24 Q2 FY25 Q3 FY25
Slide 5: Consolidated 9M FY25 Financial Performance
Consolidated 9M FY25 Financial Performance Rs. Crores Revenue from Operations 59.4% 3,760 2,358 Texmaco West Rail (previously Jindal Rail and Infrastructure) has been consolidated from 1st April 2024 (the date at which the lock box mechanism was agreed in the acquisition) 9M FY24 9M FY25 EBITDA and
Slide 6: Consolidated Income Statement
Consolidated Income Statement Q3 Y-o-Y Q2 Q-o-Q 9M Y-o-Y (Rs. Crores) FY25 FY24 Growth(%) FY25 Growth(%) FY25 FY24 Growth(%) Revenue from Operations 1,326 896 47.9% 1,346 (1.5)% 3,760 2,358 59.4% Other Income 8 9 16 41 50 Total Income 1,334 905 47.4% 1,362 (2.1)% 3,801 2,408 57.8% Cost of Material C
Slide 7: Management Commentary
Management Commentary Indrajit Mookerjee Sudipta Mukherjee Executive Director and Vice Chairman Managing Director “Despite a challenging market environment, “In Q3 FY25, the Company delivered 2,714 freight cars, Texmaco maintained a steady performance in Q3 compared to 1,756 in Q3 FY24, reflecting a
Slide 8: Consolidated Q3 FY25 Revenue by Business
Consolidated Q3 FY25 Revenue by Business Revenue from Operations by Business* Freight Cars Sold (Vehicle Units) 2,927 Rs. 1,326 Cr 2,714 54.6% 2,304 2,374 Y-o-Y 1,746 1,637 8% 1,404 1,331 1,072 477 8% Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 Q2 Q3 FY25* FY25* FY25* Steel Foundry Sa
Slide 9: Consolidated Q3 FY25 Order Book Summary
Consolidated Q3 FY25 Order Book Summary Order Book by Business* Freight Car Order Book Rs. 7,612 Cr 6.0% 0.2% 24.0% 26.0% 55.0% 76.0% 10.4% 2.0% Indian Railways Private Sector Freight Car Division Steel Foundry Infra - Rail & Green Energy Infra - Electrical Components Others Note: 9 * Texmaco West R
Slide 10: Ratings
Ratings CARE Ratings Rating Aug-24 Jan-25 Long Term Rating A- A Short Term Rating A2+ A1 10
Slide 11: Manufacturing Platforms
Manufacturing Platforms Seven Manufacturing Three Freight Car Strategic Location Facilities Manufacturing Facilities Odisha Steel Foundry Wabtec Texmaco Rail (40%): • 5 Freight Car and • Connectivity to major • 15 Bays for production of (Upcoming): Belgharia, West Bengal component facilities highway
Slide 12: Shareholding Pattern
Shareholding Pattern % Texmaco Shareholdings Top Shareholders in DII, FII and Insurance Insurance Mutual Funds Companies 7% Other DIIs 1% Nippon Life India Trustee 2.86% Domestic 1% Foreign Portfolio Investors 8% Samena Special Situations 2.00% Foreign Mauritius Promoter group HDFC Trustee Company 1
Slide 13: Texmaco: Investment Case (1/2)
Texmaco: Investment Case (1/2) 1. Sustained Leadership in Freight Cars • One of the largest suppliers of freight cars in India, manufacturing one out of every four wagons on the IR network • Manufacturing track record of over 50,000+ freight cars supplied over 20 years • 7,000+ freight cars sold to
Slide 14: Texmaco: Investment Case (2/2)
Texmaco: Investment Case (2/2) 4. Strategic and Technology Based Partnerships • Touax Texmaco (50%): leases freight cars on long-term basis to private sector logistics and industrial transportation companies in India • Nymwag Texmaco (51%): to manufacture freight wagons and railway components for IR
Slide 15: Disclaimer
Disclaimer This investor presentation has been prepared by Texmaco Rail & Engineering Limited and does not constitute a prospectus or placement memorandum or an offer to acquire any securities. This presentation or any other documentation or information (or any part thereof), delivered or supplied,
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