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Texmaco Rail & Engineering

TEXRAIL NSE
₹107.89 No trade today
P/E
20.28
View as Markdown
MCP
Close 4 Nov 2026 ₹107.89 −24.14 −18.3% 1Y
Start ₹132.03

Key Fundamentals

MicrocapIndustrial ManufacturingCapital Goods

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
11.20%
Debt to Equity
0.38
EPS (TTM)
₹5.32
Book Value
₹57.45
Market Cap
—
P/E (TTM)
20.28
P/B
1.88
ROE
7.30%
Dividend Yield
0.73%
EBITDA
₹428 Cr
52W High
₹142.95
52W Low
₹78.05
Volume
0

Peer Comparison

Industrials › Capital Goods › Industrial Products › Railway Wagons

Texmaco Rail & Engineering peer comparison
Titagarh Rail Systems
₹690.7049.34₹9,333 Cr3.870.15%6.78%10.90%₹3,272 Cr₹189 Cr
Jupiter Wagons
₹197.0450.52₹8,277 Cr2.830.52%6.37%9.14%₹3,127 Cr₹160 Cr
Texmaco Rail & Engineering (this company)
₹107.8920.28₹4,286 Cr1.880.73%7.30%11.20%₹4,223 Cr₹214 Cr
Median 3 companies₹197.0449.34₹8,277 Cr2.830.52%6.78%10.90%₹3,272 Cr₹189 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

46 Average

Data confidence 100/100

Category scores

Quality
44
Weak
Returns, margins, earnings quality 22% weight
Valuation
73
Strong
Cheap vs sector & own history 24% weight
Growth
10
Poor
Sales & profit trajectory 9% weight
Financial Health
33
Poor
Solvency, leverage, coverage 9% weight
Momentum
34
Poor
Trend strength, vol-adjusted 12% weight
Ownership
51
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Company has delivered good profit growth of 67.8% CAGR over last 5 years
  • Company's working capital requirements have reduced from 119 days to 83.5 days

Weaknesses

2
  • Company has a low return on equity of 7.53% over last 3 years.
  • Promoter holding has decreased over last 3 years: -10.4%

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBearish865
OscillatorsBearish261
Moving AveragesStrong Bearish604

Key readings

RSI (14)
49.62
Neutral
MACD (12,26,9)
−3.23
Bullish
SMA (50)
112.52
Bearish
SMA (200)
109.31
Bearish

As of

Analyst Rating

Based on 2 analysts
TIED50%

1 of 2 analysts rate Buy, 1 Hold, 0 Sell.

As of

BUY
1
50%
HOLD
1
50%
SELL
0
0%

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+14.79%
5Y+20.98%
3Y+24.96%
1Y−14.29%
TTM−14.30%

Net profit

Net profit growth by window
10Y+25.51%
5Y+74.47%
3Y+95.41%
1Y−22.09%
TTM−1.83%

Operating cash flow

Operating cash flow growth by window
10YTurned positive
5Y+55.44%
3YTurned positive
1YTurned positive
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y+4.39 pp
5Y+1.88 pp
3Y+2.47 pp
1Y−0.21 pp
TTM+0.14 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹1,324 Cr
Mar 2018₹1,135 Cr
Mar 2019₹1,858 Cr
Mar 2020₹1,832 Cr
Mar 2021₹1,689 Cr
Mar 2022₹1,814 Cr
Mar 2023₹2,243 Cr
Mar 2024₹3,503 Cr
Mar 2025₹5,107 Cr
Mar 2026₹4,377 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹29.00 Cr
Mar 2018₹13.00 Cr
Mar 2019₹75.00 Cr
Mar 2020−₹65.00 Cr
Mar 2021₹12.00 Cr
Mar 2022₹21.00 Cr
Mar 2023₹26.00 Cr
Mar 2024₹113 Cr
Mar 2025₹249 Cr
Mar 2026₹194 Cr

Analyst Forecasts

Forecast For
FY27 consensus · EBITDA
₹336 Cr −21.4% vs FY26
Reported High Mean Low

AI Analysis — Bull vs Bear

Generated 31 Jul 2026
AI opinion · based on fundamentals
Risk high

Texmaco Rail & Engineering Ltd is a mid-cap industrial company with a market cap of Rs 4,543 Cr trading at a PE of 23.2x. The company delivered strong 69% profit CAGR over 5 years but is currently experiencing a TTM sales decline of -14% and profit decline of -19%, with ROE remaining modest at around 8%.

Bull Case 8
  • Exceptional 5-year compounded profit growth of 69% CAGR demonstrates strong earnings expansion capability
  • 5-year compounded sales growth of 21% CAGR indicates sustained top-line momentum over the medium term
  • 10-year compounded profit growth of 39% CAGR shows long-term earnings trajectory is firmly positive
  • 10-year compounded sales growth of 15% CAGR reflects consistent revenue expansion over a full business cycle
  • PE of 23.2x is relatively moderate for a company with 69% 5-year profit CAGR, suggesting potential value if growth resumes
  • Price-to-book of 1.92x is not stretched for an industrial company with demonstrated multi-year growth
  • 5-year stock CAGR of 28% shows the market has historically rewarded the company's growth execution
  • Dividend yield of 0.68% provides a modest income floor while participating in a cyclical industrial business
Bear Case 8
  • TTM sales have declined by -14%, signalling a sharp near-term revenue contraction
  • TTM profit has declined by -19%, indicating deteriorating earnings momentum in the current period
  • 3-year average ROE of only 7.65% reflects poor capital efficiency for a manufacturing business
  • Promoter holding has decreased by 10.4% over the last 3 years, raising governance and confidence concerns
  • 1-year stock return of -25% reflects significant market de-rating amid weakening fundamentals
  • 10-year stock CAGR of just 2% suggests the company has historically failed to create sustained shareholder value over long periods
  • Last year ROE of 8% remains well below the 15%+ threshold generally expected for quality industrials
  • 3-year stock CAGR of only 2% versus 97% profit CAGR over the same period suggests the market is discounting future earnings sustainability

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

94d ago

TL;DR: Texmaco Rail is well-positioned with a robust ₹18,272 crore order backlog and a strengthened railcar leasing JV now backed by global partner TrinityRail. The CFO resignation is a near-term governance concern but appears non-operational. The trend remains constructive heading into the Q1FY27 earnings call on August 4, with execution on the large backlog being the key monitorable.

Headwinds 1
  • CFO resigns citing personal reasons Jul 14

    Kishor Kumar Rajgaria resigned as CFO of Texmaco Rail & Engineering Ltd due to personal reasons, creating a leadership gap in the finance function.

Positives 2
  • TrinityRail joins JV with 32% stake Jul 27

    TrinityRail Global Inc acquired a 32% stake in Touax Texmaco Railcar Leasing Pvt Ltd via shares and CCDs, with the associate's net worth at ₹258.35 crore. Touax and Texmaco retain 34% each.

  • Massive ₹18,272 crore order backlog Jul 30

    A small ₹0.74 crore South Western Railway order adds to a disclosed backlog of ₹18,272 crore driven by mega export orders, providing strong revenue visibility.

Neutral 2
  • Q1FY27 earnings call on Aug 4 Jul 30

    Texmaco Rail will host an investor call on August 4, 2026, organized by ICICI Securities, to discuss performance for the quarter ended June 30, 2026.

  • Small ₹0.74 crore railway order Jul 30

    Company secured a nylon mesh maintenance contract worth ₹0.74 crore from South Western Railway, negligible in isolation.

Quarterly Results

₹ Cr
TEXRAIL quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
657
805
896
1,145
1,088
1,346
1,326
1,346
911
1,258
1,042
1,167
757
Expenses
636
729
814
1,061
981
1,214
1,196
1,249
840
1,134
953
1,061
700
Operating Profit
21
76
82
84
107
132
131
98
71
124
89
106
57
OPM %
3.2%
9%
9%
7%
10%
10%
10%
7%
8%
10%
9%
9%
8%
Other Income
36
5
9
20
15.69
23
8
20
14
15
18
7.99
23
Interest
35
37
34
28
24.02
40
35
34
31
30
31
30
25
Depreciation
12
9
9
9
8.48
11
11
11
11
11
12
13
12
PBT
11
36
49
67
91
104
93
73
44
98
63
72
42
Tax %
20%
44%
47%
38%
35%
29%
25%
46%
33%
35%
33%
20%
−18%
Net Profit
13
25
30
45
59
74
76
39
29
64
42
58
50
EPS (₹)
0.4
0.77
0.8
1.13
1.5
1.82
1.92
1
0.75
1.62
1.05
1.42
1.23

Profit & Loss

₹ Cr
TEXRAIL profit and loss, annual, ₹ crore
Particulars Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
1,102
1,324
1,135
1,858
1,832
1,689
1,814
2,243
3,503
5,107
4,377
4,223
Expenses
1,052
1,249
1,071
1,688
1,672
1,570
1,674
2,098
3,239
4,639
3,987
3,847
Operating Profit
50
74
64
170
160
119
140
145
264
467
391
376
OPM %
4.5%
6%
6%
9%
9%
7%
8%
6%
8%
9%
9%
9%
Other Income
44
46
48
15
−129
25
22
26
70
58
56
65
Interest
50
58
61
70
97
103
100
116
133
137
123
117
Depreciation
17
22
25
29
36
37
36
35
38
43
47
49
PBT
27
39
26
86
−102
3
26
20
162
345
277
276
Tax %
28%
31%
48%
15%
−32%
−8%
54%
44%
41%
35%
30%
—
Net Profit
20
29
13
75
−65
12
21
26
113
249
194
214
EPS (₹)
0.59
0.78
0.38
2.24
−1.88
0.44
0.64
0.81
2.83
6.24
4.8
5.32
Div. Payout %
28%
21%
44%
10%
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
18%
16%
19%
18%
12%
16%
—

Balance Sheet

₹ Cr
TEXRAIL balance sheet, annual, ₹ crore
Particulars Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
21
22
22
22
22
25
32
32
40
40
41
Reserves
954
983
1,048
1,116
1,005
1,116
1,298
1,360
2,493
2,757
2,333
Borrowings
432
433
522
575
760
779
710
984
631
948
895
Other Liabilities
584
540
656
979
1,099
721
624
1,009
1,021
1,092
1,785
Total Liabilities
1,991
1,978
2,249
2,693
2,887
2,642
2,664
3,385
4,185
4,837
5,054
Fixed Assets
329
370
372
393
437
406
389
431
460
993
1,023
CWIP
4
2
5
14
7
4
2
9
22
66
165
Investments
432
390
253
143
101
131
77
104
425
246
373
Other Assets
1,226
1,217
1,618
2,144
2,342
2,100
2,195
2,840
3,278
3,532
3,494
Total Assets
1,991
1,978
2,249
2,693
2,887
2,642
2,664
3,385
4,185
4,837
5,054

Cash Flow

₹ Cr
TEXRAIL cash flow, annual, ₹ crore
Particulars Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
−84
−34
−175
4
10
40
27
−103
96
−47
363
Investing
77
40
161
38
−101
−21
18
−73
−633
−96
−228
Financing
18
−15
18
−47
96
−13
−12
151
533
172
−101
Net Cash Flow
10
−9
3
−5
6
6
33
−25
−4
30
33
Free Cash Flow
−108
−94
−205
−57
−69
32
11
−156
14
−579
196
CFO/EBITDA
−171
−26
−253
17
17
42
35
−67
32
0
107

Ratios

TEXRAIL financial ratios, annual
Particulars Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
159
151
219
160
128
132
115
128
92
98
104
Inventory Days
161
89
140
127
161
96
120
153
99
79
95
Days Payable
168
114
159
157
166
133
104
128
93
59
66
Cash Conversion Cycle
151
126
200
130
123
95
131
152
98
117
133
Working Capital Days
43
54
125
147
105
123
153
137
151
123
84
ROCE %
—
6%
6%
9%
8%
6%
6%
6%
11%
14%
11%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Texmaco Rail & Engineering insights

67 extracted metrics across FY03–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 48.34%
  • Public 31.05%
  • Others 9.77%
  • FIIs 6.02%
  • DIIs 4.82%

No promoter shares pledged as of Sep 2026

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

Frequently Asked Questions about Texmaco Rail & Engineering

What does Texmaco Rail & Engineering Ltd do?
Texmaco Rail & Engineering Ltd is an engineering infrastructure co. & part of the Adventz Group, The co. is involved in the business of manufacturing Rolling stock, hydro-mechanical equipment, steel castings & construction of Rail EPC, bridges, and other steel structures.
Where is Texmaco Rail & Engineering Ltd (TEXRAIL) listed?
Texmaco Rail & Engineering Ltd trades as TEXRAIL on the NSE and under code 533326 on the BSE.
Which sector does Texmaco Rail & Engineering Ltd belong to?
Texmaco Rail & Engineering Ltd is classified under the Capital Goods sector, in the Industrial Products industry.
What is the PE ratio of Texmaco Rail & Engineering Ltd?
Texmaco Rail & Engineering Ltd trades at a PE ratio of 20.28 as of 4 Nov 2026, on earnings per share of ₹5.32, against a book value of ₹57.45 per share.
What is the 52-week high and low of Texmaco Rail & Engineering Ltd?
Over the last 52 weeks Texmaco Rail & Engineering Ltd has traded between ₹78.05 and ₹142.95 as of 4 Nov 2026.
Does Texmaco Rail & Engineering Ltd pay dividends?
Texmaco Rail & Engineering Ltd has a dividend yield of 0.73%.
What is the Return on Equity (ROE) of Texmaco Rail & Engineering Ltd?
Texmaco Rail & Engineering Ltd reported a return on equity of 7.30%. Its debt-to-equity ratio is 0.38.

Company Information

Texmaco Rail & Engineering Ltd is an engineering infrastructure co. & part of the Adventz Group, The co. is involved in the business of manufacturing Rolling stock, hydro-mechanical equipment, steel castings & construction of Rail EPC, bridges, and other steel structures.

Website texmaco.in
CEO Mr. Saroj Kumar Poddar
Employees 1,824
Listed 3 Mar 2011
Face Value ₹1

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