Texmaco Rail and Nevomo Signs MoU for Next-Generation Rail Technologies

Texmaco Rail & Engineering Ltd., a distinguished private engineering and infrastructure enterprise under the esteemed Adventz Group, stands at the forefront of India’s railway manufacturing sector. Specialising in the production of railway wagons, coaches, and locomotives, the company also provides a comprehensive suite of allied services.

MoU with Nevomo

Texmaco Rail & Engineering has entered into a strategic Memorandum of Understanding (MoU) with Nevomo, a pioneering Polish technology firm established in 2017. 

As Europe’s vanguard in next-generation Magrail technology and Linear Propulsion Systems, Nevomo brings an avant-garde approach to rail infrastructure, high-speed rail solutions, AI-driven predictive diagnostics, self-propelled wagons, and autonomous freight trains. This transformative partnership is poised to redefine the future of mobility, both within India and on the global stage.

This collaboration will enhance rail efficiency, expand capacity, and modernise railway and port systems, driving major improvements in mining, captive rail, and logistics. Aligned with India’s ‘Make in India’ initiative, it supports the country’s vision of becoming a leader in next-generation transportation solutions.

Texmaco Rail & Engineering Q3 FY25 Results

Texmaco Rail & Engineering Ltd. delivered an outstanding financial performance in Q3 FY25, with consolidated revenue surging 47.9% YoY to ₹1,326 crore. EBITDA grew 51.7% to ₹139 crore, maintaining a 10.5% margin, while PAT more than doubled to ₹76 crore, achieving a 5.8% margin. 

This impressive growth was driven by a 54.6% increase in freight car deliveries to 2,714 units. As of 31st December 2024, the company’s order book stood at a robust ₹7,612 crore, reinforcing its industry leadership and growth momentum.

Share Price Performance 

At 09:27 AM on February 25, 2025, Texmaco Rail & Engineering shares open 1% at ₹142.89 per share on the NSE.

Conclusion:

The strategic MoU between Texmaco Rail & Engineering and Nevomo marks a groundbreaking collaboration in next-generation rail technology. By leveraging Nevomo’s expertise in Magrail and advanced rail solutions, this partnership aims to revolutionise rail mobility in India and beyond.

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