Texmaco Rail & Engineering Limited has informed the Exchange about General Updates on investor presentation
National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex Bandra (E), Mumbai - 400051 Symbol - TEXRAIL
Dear Sirs,
15th February, 2025
BSE Limited P. J. Towers, Dalal Street, Mumbai - 400001 Scrip Code - 533326
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a copy of the investor presentation for your records.
said
The https://www.texmaco.in/investors-relation/shareholders-information/ .
presentation
uploaded
also
the website
on
is
of
the Company
This is for your information and record.
Thanking you,
Yours faithfully, For Texmaco Rail & Engineering Limited
K. K. Rajgaria Company Secretary & Compliance Officer
(BSE: 533326 NSE: TEXRAIL)
Investor Presentation February 2025
1
Texmaco
Rail & Engineering Ltd.
Table of Contents
~ adventz
1. Business Overview
2.
Investment Case
3. Manufacturing Platform
4. Business Division Updates
5. Financial Review
6. ESG Initiatives
7. Management and Directors
2
Adventz Group: Strong Presence Across Diverse Sectors in India
Saroj Kumar Poddar, Executive Chairman
Akshay Poddar, Non - Executive and Non - Independent Director
Agriculture
Engineering & Infrastructure
Emerging Lifestyles
Services
Chemicals
Zuari Agro Chemicals
Phosphates
Paradeep Phosphates
Fertilizers
Mangalore Chemicals & Fertilizers
Sugar Zuari Industries
Listed company
Freight Cars, Foundry & Rail Infra Texmaco Rail & Engineering
Furniture
Indian Furniture Products
Financial Services Zuari Finserv
Leasing
Touax Texmaco Rail Car Leasing
Fixtures and Fittings
Hettich India
Rail Friction Components
Wabtec Texmaco Rail
Lifestyle
Forte Furniture
Coach Interior Saira Asia
Real Estate
Texmaco Infrastructure
Zuari Infraworld
Insurance
Adventz Zuari Insurance Brokers
Human Resources Zuari Management Services
Travel
Lionel India
3
Texmaco: Business Snapshot
Freight Car Division
Rail Infra & Others
Indian Railways
Export Markets
India Private Markets
Infra – Electrical
Infra - Rail & Green Energy
Freight Cars
Freight cars for Indian Railways and commodity specific special purpose cars
Steel Foundry
Component Systems
Integrated part of freight cars providing railway castings
Precision fabricated parts, machined systems and solutions
Rail Infra & Others Electrification, maintenance and repair Track, signaling, telecom, ballastless tracks, auto fare collection systems Hydro-mechanical solutions, steel structures, girders and bridges
4
1
Sustained Leadership in Freight Cars
2
Leading Exporter of Freight Cars and Railway Castings in India
3
Attractive Railway Industry Dynamics
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Texmaco: Investment Case (1/2)
Leading suppliers of freight cars in India, manufacturing one out of every four wagons on the Indian Railways network
Manufacturing track record of over 60,000+ freight cars supplied over 20 years
9,500+ freight cars sold to private customers in the last 10 years
600+ freight cars exported in the past 10 years
20+ types of freight cars supplied for a broad range of end industry applications
Currently manufacturing 2,700 – 3,000 wagons per quarter
Leading position in the export of freight cars and railway components for the past five decades
Supplies to international markets benefitting from geopolitical shift in supply chains
Largest foundry accredited by the Association of American Rail Roads (AAR)
2 Foundries with largest railway casting capacity of 48,000 MT
Upcoming foundry at Odisha, with an installed capacity of 35,000 MTPA, will increase Texmaco’s production capacity to a combined 83,000 MTPA, reinforcing its leadership in the foundry segment
Union Budget 2025-26 capital allocation of Rs. 2.52 lakh crores to the Ministry of Railways, highest ever outlay and 10x of FY2013-14
Railway expansion plans for FY26 include Rs. 4.6 lakh crores for capacity growth, new train introductions, and Rs. 1.16 lakh crores for safety enhancements, modernizing the network as per the budget 2025-26
Strong Government infrastructure spend flowing down to rolling stock, with IR planning to procure approximately 300,000 freight cars by 2030
Movement of freight by railways to increase from 27% to 45% by 2030, positively impacting the environment
Government investment of Rs.1.5 lakh crores in the Dedicated Freight Corridor (DFC)
5
1. National Rail plan, capital outlay 2021-2031
Texmaco: Investment Case (2/2)
• Wabtec Texmaco (40%): manufactures world class braking systems and components for the Indian and US markets
4
Strategic and Technology Partnerships
5
Outlook and Corporate Developments
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Touax Texmaco (50%): leases freight cars on a long-term to private sector logistics and industrial transportation companies in India
Nymwag Texmaco (51%): Manufacturing freight wagons and railway components for Indian Railways, private sector, and exports; facility under construction
Saira Asia (51%): manufactures passenger coach railway interiors, based in Vadodara
Sampyo: technical support agreement with Sampyo Korea for the Indian Railways Turnout business
Stag: Provides bulk material fluidization and discharge technology for Texmaco's rail wagons, enhancing efficiency in transporting alumina, cement, and fly ash
Trinity: signed a definitive agreement with Trinity for foundry and fabricated components, also for jointly developing advanced rolling stock for India and global markets outside USA
Hindalco: strategic alliance to develop aluminum rail wagons and coaches for emission reduction and efficiency
Current order book of Rs. 7,612 Cr
The Board of Directors at its meeting held on 31st January,2025 has approved transferring its "Infra-Rail & Green Energy" division to its wholly owned subsidiary as a going concern on a slump exchange basis
The Board of Directors at its meeting held on 31st January,2025 has approved the amalgamation of its wholly owned subsidiary, Texmaco West Rail Limited, with the Company under a Scheme of Amalgamation, subject to necessary approvals
Texmaco is the only company in the wagon manufacturing industry to receive the 3-star export certificate from the Government of India – Investment Case
6
Texmaco West Rail 2: Vadodara, Gujarat
Saira Asia (51%): Vadodara, Gujarat
Texmaco Manufacturing Platforms
Odisha Steel Foundry (Upcoming)3: Paradip, Odisha (35,000 MTPA)
Wabtec Texmaco Rail (40%): Belgharia, West Bengal
Steel Foundry: Belgharia, West Bengal (33,000 MTPA)
Seven Manufacturing Facilities
• 5 Freight Car and component facilities located at Agarpara, Belgharia, Panihati, Sodepur in Kolkata, West Bengal and Vadodara, Gujarat
• 2 Foundries
at Belgharia, West Bengal and Raipur, Chhattisgarh
located
Strategic Location
Three Freight Car Manufacturing Facilities
• Connectivity
to major
highways and ports
• 15 Bays for production of Freight Cars / Loco Shells
• Facilities
Kolkata in situated within a radius of 5 km
• Large yard to hold 300+
Freight Cars
•
Internal network of 15+ rail lines
Texmaco Nymwag (51%) (upcoming): Sodepur, West Bengal
Freight Car: Agarpara, Belgharia, Sodepur and Panihati, West Bengal
Steel Foundry: Raipur, Chhattisgarh (15,000 MTPA)
Total Area of ~309 Acres
Scope for Expansion
• 114 acres at Agarpara and Belgharia, West Bengal
• Expansion of capabilities by optimizing existing facilities
• 42 acres at Panihati and Sodepur, West Bengal
• Establishing new
manufacturing facilities
• 30 acres at Raipur,
Chhattisgarh
• 123 acres at Vadodara, Gujarat
Note: 1. Touax Texmaco Rail Car Leasing (50.0%) headquartered in Belgharia, West Bengal 2. Texmaco West Rail (previously Jindal Rai and Infrastructure), following its acquisition by Texmaco Rail and Engineering Limited 3.
50 acres leased from Paradeep Phosphates Limited for a period of 30 years
7
Texmaco: Leader in Freight Car Industry
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Leadership in Freight Cars Manufacturing
Freight Car Sales (In Rs Cr)
Leading suppliers of freight cars in India with diverse range of 20+ freight car solutions for the Indian Railways, private sectors and the export markets
Strategically enhanced its focus on private and export markets, resulting in an increase in its revenue contribution from 12% to 24%
130%
108%
2,534
Developed new designs BFNV, BOSM, and ACT1 wagons for Indian Railways, along with 100T Flat wagons for Essar Steel, BOXJSW for JSW Steel, and Hood Transfer Mechanism for DRDO
1,104
532
Exported Cape Gauge gondola wagons to the African market
82%
3,076
1,691
One of the few companies working with mild-steel, stainless-steel and composite materials for manufacturing of rolling stock solutions
FY22
FY23
FY24
9M FY24
9M FY25
Innovations & Recognition in Freight Wagon Manufacturing
Freight Car Sales (In Units)
The new ACT3 model, developed for Indian Railways, is designed to accommodate tractors while delivering enhanced safety, operational efficiency and a lower carbon footprint
129%
92%
7,028
Ongoing Developments: Designing CMP wagons (Coil Multipurpose) with JSW Steel and aluminum bulk cement wagons with Hindalco to enhance freight transport efficiency
3,073
1,604
70%
8,015
4,724
FY22
FY23
FY24
9M FY24
9M FY25
8
Freight Car Business
Industry Specialisation
Domestic Sector Client Base
Freight Car Exports Markets
Agriculture
Fly Ash
Gondola Wagon for Iron Ore (Liberia)
Alumina / Powders
Food
Auto
Iron Ore
Cement
Coal
Container
Defence
LPG
Milk
Oil
Steel
Tank Wagon (Sri Lanka)
Oil Tank Wagon (Bangladesh)
Mineral Wagon (Ghana)
Tank Car for Phosphoric Acid (Senegal)
Container Flat Wagon (Mali)
Cars with Sliding Doors (Uganda)
Side Discharge Cars (Vietnam)
Low Sided Flat Cars (Hungary)
9
Steel Foundry Business (1/2)
Largest and Internationally Approved Steel Foundry in India
Steel Foundry Sales (In Rs Cr)
•
Largest foundries for Indian Railways castings and leading exporter of railway castings in India
• Manufacturer and exporter of critical earth moving, defense and industrial castings, parts of freight cars, such as bogies and castings, for global clients
• Caters to Ministry of Defense, marine and mining industries
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Two Class A Foundries in Belgharia, Kolkata (33,000 MTPA) and Raipur, Chhattisgarh (15,000 MTPA)
In-house R&D team recognized by Department of Science and Industrial Research, Government of India
• Only Indian company certified by Association of American Railroad
43%
(AAR)
• Upcoming steel foundry in Odisha with an installed capacity of 35,000 MTPA, will increase Texmaco’s total capacity to 83,000 MTPA across three foundries
20,889
•
Exports to markets USA, Australia, Europe and Asia
51%
816
8%
579
624
63%
540
332
FY22
FY23
FY24
9M FY24
9M FY25
Steel Foundry Sales (In MT)
43%
2%
42,792
29,942
30,571
31,145
FY22
FY23
FY24
9M FY24
9M FY25
10
Steel Foundry Business (2/2)
Industry Leading Infrastructure Base
High Pressure Molding lines
Automated Sand Plant
Fast Loop No Bake Moulding
Inhouse CAD / CAM / CAE
Electric Arc Melting Furnace
Induction Melting Furnace
Modern Heat Treatment Facilities
Automatic Induction Hardening
NABL Certified Testing Lab
Flash Butt Welding Machine
11
Component Systems Business
Rolling Stock High Precision Components
• Global sourcing partner
fabricated parts, machined systems and solutions, sourcing bogie, passenger rolling stock and metro rail parts
for precision
•
Surge in global demand for high standard components; supply-chain disruptions create new and large opportunities
• One of
the
few manufacturers with capabilities, client
relationships and certifications to tap the global market
CNC Plasma/Oxy Cutting Machine
Bystronic, CNC Press Brake
Bystronic CNC Laser Cutting Machine
5 Axis CNC Bridge Universal Milling Machine
IGM, Robot Welding Machine
Advancing In Hi-Tech Component Systems
Australia
Mozambique
Kazakhstan
• Global Capability Center (GCC), Faridabad: Strengthening
Texmaco’s Hi-Tech Components Systems division
• Consultancy & Custom Solutions: Designing
tailored
components in collaboration with clients
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Expanding Market Reach: Enhancing private sector services and export capabilities
22
Beyond Freight Cars: Positioning Texmaco as an aggregator in advanced engineering solutions
Hi-Tech Components Turnover (In Rs Cr)
23%
15%
12%
27
31
25
28
FY22
FY23
FY24
9M FY24
9M FY25
12
Rail Infra and Others
Infra – Electrical (Bright Power)
Infra – Rail & Green Energy (Kalindee and HME / BSD Divisions)
The Infra Electrical Division provides turnkey solutions for electrical, instrumentation, and civil work across sectors such as power, industrial projects, petrochemicals, pharmaceuticals, railways, infrastructure, and high-rise buildings
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Expertise in turnkey overhead projects, covering design, supply, installation, testing, and commissioning
Executed traction and transformer substations up to 220kV
Supplied and installed new transformers
Integrated substations with advanced numerical relays and cutting-edge technology
• Rail & Metro Infrastructure: Expertise in optic fiber, GSM, mobile train radio, ballastless rail tracks, and turnkey track solutions
•
Smart Rail Solutions: Developed automated fare systems and offers train control, passenger info, and security systems
• Hydro-Mechanical Solutions (HME): Supplies gates, hoists,
cranes, and steel structures for hydro-power, irrigation, and flood control projects
•
Bridges & Steel Structures (BSD): Manufactures steel girders for rail and road bridges, serving domestic and export markets
13
Business and Technology Partnerships
Touax Texmaco Rail Car Leasing (50.0%)
Sampyo
Leases freight cars on a long-term basis to private logistics and industrial transportation companies, serving a diverse customer base of operators and industrial clients in India
A technical support agreement with Sampyo Korea to enhance Indian Railways’ Turnout business, leveraging advanced rail infrastructure solutions
Wabtec Texmaco Rail (40.0%)
Stag
Manufactures braking systems and components for the Indian and US markets, including low/high friction brake blocks for freight, locomotives, and coaches, and lightweight, durable TMX bogie-mounted brake systems with a freely suspended design.
Stag provides bulk material fluidization and discharge technology for Texmaco’s rail wagons, optimizing the transport of alumina, cement, and fly ash for improved efficiency
Saira Asia (51.0%)
Trinity
Saira Asia specializes in passenger coach interiors, serving global clients like Bombardier, Alstom, and Hyundai-Rotem, and has designed interiors for Vande Bharat and Delhi Metro.
Texmaco India signed a definitive agreement with Trinity for foundry and fabricated components, with a joint focus on developing advanced rolling stock for India and global markets outside the USA
Texmaco Nymwag (51.0%)
Hindalco
freight wagons and railway components
Manufacturing Indian facility under Railways, private sector, and exports, with a new construction, set to be operational by FY26, creating 650+ jobs and introducing European manufacturing expertise to India.
for
A strategic alliance with Hindalco to develop aluminum rail wagons and coaches, aimed at reducing emissions and improving energy efficiency in railway transportation
14
The Great Rail Infrastructure Push
National Rail Plan
Capital Outlay1
Key Projects
Increase modal share of IR in freight from 26% to 45% by 2030
Target freight volumes from 1.5 bn tonnes in FY’23 to 3.6 bn tonnes by FY’31E
Rolling stock Rs. 4.8 Lakh Cr (Wagons 0.9 Lakh Cr)
Terminals Rs. 0.8 Lakh Cr
Rs. 1.5 Lakh Cr
Dedicated Freight Corridor (DFC)1
Rs. 2.52 Lakh Cr
Budgetary outlay for railways in Union budget’25
457m tonnes CO2 savings from DFC in 30 years
Track & Infrastructure: Rs. 9.3 Lakh Cr
Rs. 5.0 Lakh Cr
High Speed Rail corridor1
Invest in infra to cater to growing demand till 2050
Total: Rs. 15.0 Lakh Cr
126 critical and super critical projects of total cost Rs.1.2 Lakh Cr for completion by 2024
1. National Rail plan, capital outlay 2021-2031
15
Consolidated Q3 FY25 Revenue by Business
Revenue from Operations by Business*
Order Book by Business*
Freight Car Order Book
Rs. 1,326 Cr
Rs. 7,612 Cr
8%
8%
6.0%
0.2%
26.0%
24.0%
84%
10.4%
2.0%
55.0%
76.0%
Freight Car Division
Infra - Rail & Green Energy
Infra - Electrical
Freight Car Division Steel Foundry Infra - Rail & Green Energy Infra - Electrical Components Others
Indian Railways
Private Sector
Note: * 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)
16
Consolidated Income Statement
(Rs. Crores)
Revenue from Operations
Other Income
Total Income
Cost of Material Consumed
Changes in Inventories of Finished Goods, Stock In Trade and Work In Progress
Power and Fuel
Employee Benefits Expense
Other Expenses
EBITDA
Margin (%)
Depreciation and Amortization Expense
EBIT
Margin (%)
Finance Costs
Share of net profit/(loss) of associate
Profit After Tax
Margin (%)
Basic EPS (Rs.)
Q3
FY25
1,326
8
1,334
1,059
19
27
44
46
139
10.5%
11
128
9.6%
35
7
76
5.8%
1.92
FY24
896
9
905
724
8
23
36
24
91
10.2%
9
82
9.1%
34
5
30
3.4%
0.92
Y-o-Y Growth(%)
47.9%
47.4%
51.7%
nm
nm
Q2 FY25
1,346
16
1,362
1,086
26
28
43
30
149
11.0%
11
138
10.1%
40
7
74
5.5%
1.82
9M
Q-o-Q Growth(%)
(1.5)%
(2.1)%
(6.7)%
3.1%
5.5%
FY25
3,760
41
3,801
3,020
52
78
127
114
411
10.9%
32
378
10.0%
103
20
210
5.6%
5.24
FY24
2,358
50
2,408
1,894
16
65
103
101
230
9.7%
29
200
8.3%
105
13
68
2.9%
2.05
1. EBITDA includes Other Income 2. 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)
Y-o-Y Growth(%)
59.4%
57.8%
78.6%
nm
nm
17
Texmaco Approach to Sustainability (1/2)
Water Management
Energy Efficiency
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Initiated a rainwater harvesting system to enhance water conservation and address waterlogging issues
As per CGWB guidelines, a pre-filtration constructed to ensure only filtered water enters the borewell
tank was
Initiation of identification by civil departments
three additional charge wells after zone
Sustainable Infrastructure
• Working on a Green Rated JV Facility at Nymwag,
designed to minimize environmental impact
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Setting up a Green Foundry at Paradeep, which will use advanced eco-friendly processes and technologies
Installed a solar power plant under group captive scheme at the Raipur Foundry to reduce reliance on conventional energy sources
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Implemented leakage control, layout optimization, and old motor repairs to enhance energy efficiency and reduce electricity consumption
Replaced traditional lighting with energy-efficient LED systems across all company premises
Waste Management
Collaborating with Hulladek Waste Management to ensure proper disposal of all electronic and hazardous waste
Texmaco has implemented systems for reusing sand, an essential material in foundry operations
Implemented a system for reusing foundry-generated scrap
18
Texmaco Approach to Sustainability (2/2)
Employee Well Being
• Comprehensive health insurance coverage, accident insurance, and wellness
programs to ensure employee welfare
Certifications
Details
•
•
Investments in workplace safety protocols and equipment further reinforces Texmaco commitment to a safe working environment
ISO 9001:2015
Established yoga centers, sports wellness facilities, and physiotherapy services to promote employee well-being and holistic health
ISO 14001:2015
Social Responsibility and Inclusivity
• Create equitable opportunities in the communities where Texmaco plants operate
•
Foster inclusivity in the workforce by encouraging diversity and ensuring fair employment practices
ISO 45001:2018
• Undertook initiatives in school maintenance, free cancer treatment for children, water conservation and community health and sanitation to support social welfare
Quality Management, ensuring operational efficiency
Environmental Management, minimizing environmental impact
Occupational Health & Safety, ensuring a safe and healthy work environment for all employees
6 out of 12 board members Are independent ensuring balanced governance
100% Employees
Were given safety and skill
upgradation training
Rs 44.37 Lakhs Spent on CSR activities
0 Fatalities or major accidents
254 Individuals Health Initiatives; 55% from vulnerable groups
744 Individuals Education Support: 75% from marginalized communities
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Professional and Experienced Management Team
Indrajit Mookerjee Executive Director & Vice Chairman
Sudipta Mukherjee Managing Director
Hemant Bhuwania* Chief Financial Officer
Avjit Mitra Chief Executive Officer (Steel Foundry)
Kishor Kumar Rajgaria Jt. CFO & Company Secretary
Note: * Mr. Hemant Bhuwania, Chief Financial Officer, has resigned, effective at the close of business on 31 March 2025
20
Board of Directors
Saroj Kumar Poddar
Group Chairman
Akshay Poddar
Non-Executive & Non-Independent Director
c
Sudipta Mukherjee
Managing Director
A.K. Vijay
Executive Director
Indrajit Mookerjee
Vice Chairman
C
U V Kamath
Executive Director
Marco Wadia
Independent Director
Rusha Mitra
Independent Director
P.S. Bhattacharyya
Independent Director
Utsav Parekh
Independent Director
C
C
C
Virendra Sinha
Independent Director
C
Hemant Bangur
Independent Director
CSR Committee
Stakeholder Relationship Committee
Audit Committee
Nomination and Remuneration Committee
Risk Management Committee
Capital Issue Committee
Investment Committee
21
Annexure
22
Certifications and Industry Recognitions
Facilities and End Products
Certified Manufacturing Processes
Industry Recognitions
Infrastructure & Process AAR M-1003
Research Designs & Standards RDSO certification
Product Certification M201, M210 & M215
Quality Management System ISO 9001 : 2015
Environmental Management System ISO 14001: 2015
Occupational Health & Safety management System ISO 45001: 2018
Welding of Railway Components EN 15085-2 Level CL1
• AAR M 1003, M201, M210 & M215 by
Association of American Railroads
• Product and Facility Certified by Ukraine
Railroad
• DSIR, Government of India recognised In
house R&D Unit
• Certified Export House recognised by Ministry of Commerce, Government of India
• Best Foundry of
the Year – 2009 by
Institute of Indian Foundrymen
• Casting of the year – 2012 by Institute of
Indian Foundrymen
• Star Performer of the Year (Export) -2015-
16, 2016-17 and 2017-18
• Certified with ISO 17025:2017, General requirements for the competence of testing and calibration laboratories
• EEPC Council Best Exporter – 2019-20
and 2020-21
23
Locomotive Shells and Fabricated Bogies
Loco Shells to Indian Railways
Flexi Curve Loco Bogie - Mozambique
Loco Bogie Frame - Queensland Railways
Flexi Curve Loco Bogie - Mozambique
Loco Bogie Frame - Queensland Railways
LHB Bogies - Indian Railways
Bogies for Kolkata Metro, through BEML
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Export Market Freight Cars (1/2)
Gondola Wagon (Liberia) For Iron Ore
Tank Wagon (Sri Lanka)
Oil Tank Wagon (Bangladesh)
Mineral Wagon (Ghana)
Tank car for transport of Phosphoric Acid (Senegal)
MG Container flat wagon for Mali
Brake Van (Bangladesh)
Covered cars with sliding doors for Zambian Railways
Open side discharge cars for Vietnam Railways
25
Export Market Freight Cars (2/2)
Open hopper side discharge cars for Bangladesh railway
Covered side discharge hopper car for Bangladesh railway
Covered cars with sliding doors for Uganda railways
Covered cars with sliding doors for Vietnam railways
Low sided flat cars for Hungarian railways
Covered car with sliding doors for Yugoslav railways
26
Kolkata and Raipur Steel Foundry
Tapping of Molten Metal from Arc Furnace
Grinding: Excess Metal Removal Processes
In House Pattern Shop
CMS Crossing: In Finishing Bay
CMS Crossing: In Finishing Bay
A-Middle Bracket Goa Shipyard 3.8 MT Each
H.S. Bogie: After Assembly
H.P.M.L: High Pressure Moulding Line
27
Railway Components
Facility
Products
High Pressure Moulding Line Core Setting Area
N.T.T Coupler & Knuckle Assembly
Bogie Assembly
Bogie Assembly
Export Side Frame Castings
No Bake Moulding Line with Continuous Sand Mixer System
Yoke Casting
Types of G.E.T Ground Engaged Tool Castings
Articulated Coupler Male & Female Assembly
C.M.S Crossing Welding Machine
EOCC Yoke 18L Casting
CMS Crossing
Export Bogie Assembly Along with Wheels
28
Component Business (Hi-Tech Unit)
Facilities
Export Components
Kazakhstan
Australia
Mozambique
29
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, should not be deemed to constitute an offer. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness, or correctness of such information or opinions contained herein. The information contained in this presentation is only current as of its date. Certain statements made in this presentation may not be based on historical information or facts and may be ‘forward-looking statements’, including those relating to the general business plans and strategy of Texmaco Rail & Engineering Limited, its future financial condition and growth prospects, future developments in its industry, and its competitive and regulatory environment, and statements which contain words or phrases such as ‘will’, ‘expected to’, ‘horizons of growth’, ‘strong growth prospects’, among many others, or similar expressions or variations of such expressions. These forward-looking statements involve a number of risks, uncertainties, and other factors that could cause actual results, opportunities, and growth potential to differ materially from those suggested by the ‘forward-looking statements’. Texmaco Rail & Engineering Limited may alter, modify, or otherwise change, in any manner, the content of this presentation without obligation to notify any person of such revision or changes. This presentation cannot be copied and disseminated in any manner.
For further information please contact:
Texmaco Rail & Engineering
Hemant Bhuwania Chief Financial Officer
Texrail_cs@texmaco.in
Anvita Raghuram / Lavanya Shreedhar texmaco@churchgatepartners.com
Contact: +91 22 6169 5988