Texmaco Rail & Engineering Limited · NSE:TEXRAIL
Texmaco Rail & Engineering — Q4 FY25 Earnings Presentation
17 slides from Texmaco Rail & Engineering's earnings presentation, May 16, 2025
Slide 1: Earnings Presentation Q4 and FY25
(BSE: 533326 NSE: TEXRAIL) Earnings Presentation Q4 and FY25 16th May, 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 65% 3% 32% 100% 35% 26% 74% Steel Foundry Component Systems Rail Infra & Others Freight Cars Freight cars for Indian In
Slide 3: Consolidated Financial Highlights
Consolidated Financial Highlights Q4 FY25 Financial Highlights FY25 Financial Highlights • Revenue from Operations of Rs. 1,346 Cr • Revenue from Operations of Rs. 5,107 Cr • EBITDA of Rs. 114 Cr with a 8.5% margin • EBITDA of Rs. 525 Cr with a 10.3% margin • PBT of Rs. 69 Cr with a 5.1% margin • PB
Slide 4: Consolidated Q4 FY25 Financial Performance
Consolidated Q4 FY25 Financial Performance Rs. Crores Revenue from Operations 17.6% 1,326 1,346 1,145 Texmaco West Rail (previously Jindal Rail & Infrastructure) has been consolidated from 1st April 2024 (the date at which the lock box mechanism was agreed in the acquisition) Q4 FY24 Q3 FY25 Q4 FY25
Slide 5: Consolidated FY25 Financial Performance
Consolidated FY25 Financial Performance Rs. Crores Revenue from Operations 45.8% 5,107 3,503 Texmaco West Rail (previously Jindal Rail & Infrastructure) has been consolidated from 1st April 2024 (the date at which the lock box mechanism was agreed in the acquisition) FY24 FY25 EBITDA and Margin PBT
Slide 6: Capital Structure and Ratings
Capital Structure and Ratings (Rs Cr) Mar-24 Sept-24 Mar-25 ST Debt 388 508 569 LT Debt 242 406 356 Total Debt 630 914 925 Cash & Cash Equivalent 698 247 293 Net Debt / (Net Cash) (68) 667 632 Equity 2,530 2,714 2,830 Net Debt / Equity (0.03x) 0.25x 0.22x CARE Ratings Rating Mar-24 Aug-24 Mar-25 Lon
Slide 7: Key Ratios
Key Ratios Return on Capital Employed Return on Equity 8.4% 16.2% 13.6% 4.9% 9.3% 0.8% FY23 FY24 FY25 FY23 FY24 FY25 7
Slide 8: Consolidated Income Statement
Consolidated Income Statement Q4 Y-o-Y Q3 Q-o-Q Y-o-Y FY25 FY24 (Rs. Crores) FY25 FY24 Growth(%) FY25 Growth(%) Growth(%) Revenue from Operations 1,346 1,145 17.6% 1,326 1.5% 5,107 3,503 45.8% Other Income 17 20 (14.7)% 8 - 58 70 (17.1)% Total Income 1,363 1,164 17.1% 1,334 2.2% 5,164 3,572 44.6% Co
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet Equity and Liabilities (Rs Crores) FY2024 FY2025 Assets (Crores) FY2024 FY2025 Equity Share Capital 40 40 Property, Plant and Equipment 428 883 Other Equity 2,493 2,757 Intangible Assets - - Equity attributable to equity holders of the Capital Work-in-Progress 22 64 2,533
Slide 10: Management Commentary
Management Commentary Indrajit Mookerjee Sudipta Mukherjee Executive Director and Vice Chairman Managing Director “In FY25, Texmaco delivered Revenue from In FY25, the Company delivered 10,612 Freight Cars, Operations of Rs. 5,107 Cr, a growth of 45.8%, as marking a strong growth of 51.0% over 7,028
Slide 11: Consolidated Q4 FY25 Revenue by Business
Consolidated Q4 FY25 Revenue by Business Revenue from Operations by Business* Freight Cars Sold (Vehicle Units) 2,927 Rs. 1,346 Cr 2,714 2,597 2,304 2,374 1,756 1,637 1,404 1,331 10% 1,072 477 10% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY23 FY23 FY23 FY24 FY24 FY24 FY24 FY25* FY25* FY25* FY25* Steel Found
Slide 12: Consolidated Q4 FY25 Order Book Summary
Consolidated Q4 FY25 Order Book Summary Order Book by Business* Freight Car Order Book Rs. ~7,000 Cr 14.0% 21.0% 0.2% 49.0% 24.0% 79.0% 10.4% 2.0% Indian Railways Private Sector and Export Freight Car Division Steel Foundry Infra - Rail & Green Energy Infra - Electrical Components Others Note: 12 *
Slide 13: Manufacturing Platforms
Manufacturing Platforms Seven Manufacturing Three Freight Car Strategic Location Facilities Manufacturing Facilities Wabtec Texmaco Rail (40%): • 5 Freight Car and • Connectivity to major • 15 Bays for production of Belgharia, West Bengal component facilities highways and ports Freight Cars / Loco S
Slide 14: Shareholding Pattern
Shareholding Pattern % Texmaco Shareholdings Top Shareholders in DII, FII and Insurance Insurance Mutual Funds Companies 6% Other DIIs 1% 1% Nippon Life India Trustee 2.86% Domestic Foreign Portfolio Investors 8% Samena Special Situations 2.00% Foreign Mauritius Promoter group 48% Others (Retail) 36
Slide 15: 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 16: 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 17: 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,
Texmaco Rail & Engineering — Q4 FY25 Earnings Presentation on 6ix