• South African contract: The 4,000+ crore contract covers rolling stock supply and maintenance, with locomotive additions expected to further increase total contract value. Management noted that built-in risk planning and operational efficiency will prevent global volatility from adversely affecting EBITDA margins.
• Profitability growth targets: Shifting focus from wagon volume to wagon value is projected to deliver a 20% bottom-line improvement in the current financial year. The company aims to steadily increase margins to above mid-teens by 2030.
• Capex allocation plans: Out of the planned 1,500 to 2,000 crore total capex by 2030, Texmaco expects a minimum investment of 600 to 700 crore over the next two years. Near-term capital deployment will prioritize manufacturing key components and equipment for the metro mobility segment.