Texmaco Rail & Engineering Limited

rs,

ck G, Bandra Kurla Complex Bandra (E), Mumbai – 400051 Symbol – TEXRAIL BSE Limited P. J. Towers, Dalal Street, Mumbai – 400001 Scrip Code – 533326 Subject: Earnings Presentation - Disclosure un

82%

Railways Export Markets India Private Markets Infra – Electrical Infra - Rail & Green Energy 82% 18% 100% 18% 31% 69% Freight Cars Freight Cars for Indian Railways and commodity specific s

18%

ays Export Markets India Private Markets Infra – Electrical Infra - Rail & Green Energy 82% 18% 100% 18% 31% 69% Freight Cars Freight Cars for Indian Railways and commodity specific specia

100%

Export Markets India Private Markets Infra – Electrical Infra - Rail & Green Energy 82% 18% 100% 18% 31% 69% Freight Cars Freight Cars for Indian Railways and commodity specific special pur

31%

ets India Private Markets Infra – Electrical Infra - Rail & Green Energy 82% 18% 100% 18% 31% 69% Freight Cars Freight Cars for Indian Railways and commodity specific special purpose Wagon

69%

India Private Markets Infra – Electrical Infra - Rail & Green Energy 82% 18% 100% 18% 31% 69% Freight Cars Freight Cars for Indian Railways and commodity specific special purpose Wagons S

Rs. 1,167

ts Q4 FY26 Financial Highlights FY26 Financial Highlights • • • • Revenue from Operations of Rs. 1,167 Cr EBITDA of Rs. 116 Cr with a 10.0% margin PAT of Rs. 58 Cr with a 5.0% margin Basic and Dilute

Rs. 116

ghlights FY26 Financial Highlights • • • • Revenue from Operations of Rs. 1,167 Cr EBITDA of Rs. 116 Cr with a 10.0% margin PAT of Rs. 58 Cr with a 5.0% margin Basic and Diluted EPS of Rs. 1.42 per

10.0%

ancial Highlights • • • • Revenue from Operations of Rs. 1,167 Cr EBITDA of Rs. 116 Cr with a 10.0% margin PAT of Rs. 58 Cr with a 5.0% margin Basic and Diluted EPS of Rs. 1.42 per share • • •

Rs. 58

• • • Revenue from Operations of Rs. 1,167 Cr EBITDA of Rs. 116 Cr with a 10.0% margin PAT of Rs. 58 Cr with a 5.0% margin Basic and Diluted EPS of Rs. 1.42 per share • • • • Revenue from Operat

5.0%

from Operations of Rs. 1,167 Cr EBITDA of Rs. 116 Cr with a 10.0% margin PAT of Rs. 58 Cr with a 5.0% margin Basic and Diluted EPS of Rs. 1.42 per share • • • • Revenue from Operations of Rs. 4,

Rs. 1.42

A of Rs. 116 Cr with a 10.0% margin PAT of Rs. 58 Cr with a 5.0% margin Basic and Diluted EPS of Rs. 1.42 per share • • • • Revenue from Operations of Rs. 4,377 Cr EBITDA of Rs. 450 Cr with a 10.3% ma

“During the quarter, Texmaco also successfully completed the erection and commissioning of hydro mechanical systems for the 2,000 MW Subansiri Lower Hydroelectric Project.”

“With its diversified presence across wagon manufacturing, foundry products, rail infrastructure execution and engineering solutions, Texmaco remains strategically positioned to participate in the evolving opportunities across the railway and infrastructure sector.” 4 Management Commentary (2/2) “Q4 FY26 was marked by strong operational performance, driven by disciplined execution and effective financial management, in alignment with our long-term strategic objectives.”

“444 Crores, with the Net Debt to Equity ratio improving from 0.22x in FY25 to 0.21x in H1 FY26, and further to 0.18x in FY26.”

“5,408 Cr • De-risked business model, focused on manufacturing and export capabilities • Wabtec Texmaco (40%): manufactures world class braking systems and components for the Indian and US markets • Saira Asia (51%): manufactures passenger coach railway interiors in Vadodara • Rail Vikas Nigam (49%): develops rolling stock, executes infra projects, and integrates automation, AI, and green technologies Attractive Railway Industry Dynamics 6 Consolidated Q4 FY26 Financial Performance Rs.”

“Crores Revenue from Operations 1,346 (13.3)% 1,042 1,167 Q4 FY25 Q3 FY26 Q4 FY26 EBITDA and Margin PAT and Margin 8.8% 10.5% 10.0% 2.9% 4.1% 5.0% 58 118 109 116 39 42 Q4 FY25 Q3 FY26 Q4 FY26 Q3 FY25 Q3 FY26 Q3 FY26”

“All Margins are calculated on Revenue from Operations 7 Consolidated FY26 Financial Performance Rs.”

“Crores Revenue from Operations (14.3)% 5,107 4,377 EBITDA and Margin PAT and Margin FY25 FY26 10.7% 548 10.3% 450 4.9% 249 4.4% 194 FY25 FY26 FY25 FY26”

“All Margins are calculated on Revenue from Operations 8 Key Ratios Return on Capital Employed Return on Networth 17.0% 14.4% 13.6% 9.3% 7.4% 5.8% FY24 FY25 FY26 FY24 FY25 FY26”

“5,408 Cr 16.9% 38.5% 34.8% 9.8% 21.0% 79.0% Indian Railways Private Sector and Export Freight Car Division Infra - Rail & Green Energy Infra - Electrical Other Subsidiaries and JVs Note: The freight car order book mix has sharply shifted from 79% IR-led and 21% private-sector wagons in FY25 to 79% private-sector and 21% IR-led wagons in FY26, highlighting a major change in market demand.”

Note

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1

Note

1. EBITDA includes Other Income, Share of Net Profit/(Loss) of Associate / JV and excludes exceptional expenses 2. EBITDA margin calculated on Revenue from Operations 3 Management Commentary (1/2) Indrajit Mookerjee Executive Director and Vice Chairman “For FY2026, Texmaco reported Revenue from Operations of Rs 4,377 Cr, a decline of 14.3% YoY, in a challenging market environment. From the profitability perspective, EBITDA for the year was Rs 450 Cr, with an EBITDA margin of 10.3%, while Profit After Tax was Rs 194 Cr, translating into a margin of 4.4%. Performance during the year was impacted by lower wagon production arising from continued supply chain issues and lower revenues in Infra – Rail and Green Energy (Kalindee). However, the Infra – Electrical (Bright Power) business has grown by 66.1% to Revenues of Rs 610 Cr, with EBIT Margin of 10.8%. Overall, as of 31 March 2025, the order book was Rs 5,408 Cr. Operationally, Texmaco delivered 2,196 Freight Cars during Q4FY26, while Fou

Note

1. EBITDA includes Other Income, Share of Net Profit/(Loss) of Associate / JV and excludes exceptional expenses 2. All Margins are calculated on Revenue from Operations 7 Consolidated FY26 Financial Performance Rs. Crores Revenue from Operations (14.3)% 5,107 4,377 EBITDA and Margin PAT and Margin FY25 FY26 10.7% 548 10.3% 450 4.9% 249 4.4% 194 FY25 FY26 FY25 FY26

Note

1. EBITDA includes Other Income, Share of Net Profit/(Loss) of Associate / JV and excludes exceptional expenses 2. All Margins are calculated on Revenue from Operations 8 Key Ratios Return on Capital Employed Return on Networth 17.0% 14.4% 13.6% 9.3% 7.4% 5.8% FY24 FY25 FY26 FY24 FY25 FY26

Note

1. ROE % - [Net Profits incl Share of JV / Avg Equity] 2. ROCE % - [(EBIT+Share of JV) / Avg Capital Employed] 9 9 Capital Structure and Ratings (Rs Cr) LT Debt ST Debt Total Debt Cash & Cash Equivalent Net Debt / (Net Cash) Sept-24 Mar-25 Sep-25 Mar-26 Net Debt (Rs Cr) 406 508 914 247 667 356 569 925 293 632 384 499 884 287 597 318 555 873 429 444 667 632 597 444 Networth 2,714 2,830 2,902 2,412 Net Debt / Equity 0.25x 0.22x 0.21x 0.18x Sep-24 Mar-25 Sep-25 Mar-26 Rating Long Term Rating Short Term Rating CARE Ratings Aug-24 Mar-25 June-25 A- A2+ A (RWD) A (Stable) A1 (RWD) A1 10 Consolidated Q4 FY26 Revenue by Business Revenue from Operations by Business Freight Cars Sold (Vehicle Units) Rs. 1,167 Cr 2,927 2,714 2,597 2,304 2,374 2,334 2,196 2,027 1,815 1,637 1,756 1,404 1,331 16% 6% 78% Freight Car Division Infra - Rail & Green Energy Infra - Electrical Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Steel Foundry Sales (MT) 10

For further information please contact

Texrail_cs@texmaco.in Indranil Basu Chief Sustainability, Brand and Communication Officer Indranil.basu@texmaco.in Neha Dingria / Kapil Juneja Contact: +91 99454 72589 texmaco@churchgatepartners.com 16