Texmaco Rail & Engineering
- Market cap
- ₹ 4,034 Cr.
- P/E
- 18.5x
- P/B
- 1.79x
- 52-week range
- 78.05 – 142.95
- ROE
- 8%
- ROCE
- 11%
- Dividend yield
- 0.7%
- Debt / equity
- 0.38
- Sector
- Industrial Manufacturing
- Industry
- Railway Wagons
- Listed on
- NSE, BSE
About
Texmaco Rail & Engineering Limited is a manufacturer of freight wagons and provider of railway infrastructure in India. The Company is engaged in manufacturing, selling and providing services for rail and rail-related products. Its segments include Freight Car Division, Infra Rail & Green Energy, and Infra Electrical. It manufactures a diverse range of products, which include hydro-mechanical equipment & industrial structure, loco components and loco shells, steel girders for railway bridges, steel castings, and pressure vessels, along with Engineering, Procurement, and Construction (EPC) contracts for the execution of railway track, signaling & telecommunication projects, and rail electrification & automatic fare collection on turnkey basis. It is also a freight car manufacturer. The Company offers comprehensive packages in the fields of design, supply, construction and installation of railway electrification as well as the installation of transformers and substations.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Railway Wagons: 3 companies →Texmaco Rail & Engineering against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)18.5 against a typical 43.6: cheaper than most peers (1st = cheapest).1st of 3
- Sales growth−16.9% against a typical +12.7% from a year earlier.3rd of 3
- Profit growth+72.4% against a typical +71% from a year earlier.1st of 3
- Share price, 3 months−10.3% against a typical −15.8%.1st of 3
- Size₹ 4,034.3 Cr. market value against a typical ₹ 7,386.3 Cr. (1st = largest).3rd of 3
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE A | Stable | 7 Jul 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 7 Jul 2026 | Reaffirmed | CARE A | — | CARE | ₹ 4,400.29 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on Texmaco Rail & EngineeringAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 3 Aug 2026 | Financial Results/Other business matters | To consider and approve the Unaudited Standalone & Consolidated Financial Results for the quarter ended Jun 30, 2026 and other business matters |
| 12 May 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 31 Mar 2026 | Fund Raising | To consider and approve Long term Incentive Plan / Employee Stock Option Plan |
| 9 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 11 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 13 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 805 | 896 | 1,145 | 1,088 | 1,346 | 1,326 | 1,346 | 911 | 1,258 | 1,042 | 1,167 | 757 |
| Expenses | 729 | 814 | 1,061 | 981 | 1,214 | 1,196 | 1,249 | 840 | 1,134 | 953 | 1,061 | 700 |
| Operating Profit | 76 | 82 | 84 | 107 | 132 | 131 | 98 | 71 | 124 | 89 | 106 | 57 |
| OPM % | 9% | 9% | 7% | 10% | 10% | 10% | 7% | 8% | 10% | 9% | 9% | 8% |
| Other Income | 5 | 9 | 20 | 23 | 23 | 8 | 20 | 14 | 15 | 18 | 10 | 23 |
| Interest | 37 | 34 | 28 | 28 | 40 | 35 | 34 | 31 | 30 | 31 | 30 | 25 |
| Depreciation | 9 | 9 | 9 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 13 | 12 |
| Profit before tax | 36 | 49 | 67 | 91 | 104 | 93 | 73 | 44 | 98 | 63 | 72 | 42 |
| Tax % | 44% | 47% | 38% | 35% | 29% | 25% | 46% | 33% | 35% | 33% | 20% | −18% |
| Net Profit | 25 | 30 | 45 | 59 | 74 | 76 | 39 | 29 | 64 | 42 | 58 | 50 |
| EPS in Rs | 0.77 | 0.8 | 1.13 | 1.5 | 1.82 | 1.92 | 1 | 0.75 | 1.62 | 1.05 | 1.42 | 1.23 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 15%
- 5 Years
- 21%
- 3 Years
- 25%
- TTM
- −14%
- 10 Years
- 39%
- 5 Years
- 69%
- 3 Years
- 97%
- TTM
- −1%
- 10 Years
- 1%
- 5 Years
- 29%
- 3 Years
- −5%
- TTM
- —
- 10 Years
- 5%
- 5 Years
- 6%
- 3 Years
- 8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Texmaco Rail & Engineering | ₹ 100.75 | ₹ 4,034 Cr. | 18.5x | 1.8x | 8% | — |
| Escorts Kubota | ₹ 2,626.00 | ₹ 29,420 Cr. | 24x | 2.6x | 12% | 11.8% |
| Action Construction Equipment | ₹ 1,000.15 | ₹ 11,954 Cr. | 27.8x | 5.8x | 22.9% | 12.7% |
| ESAB India | ₹ 5,289.90 | ₹ 8,143 Cr. | 44.5x | 20.3x | 52.3% | 13.7% |
| VST Tillers Tractors | ₹ 3,903.30 | ₹ 3,357 Cr. | 37.5x | 3.6x | 10% | 8.4% |
| AJAX Engineering | ₹ 552.60 | ₹ 6,324 Cr. | 30.1x | 4.9x | 17.7% | 10.7% |
Management
- Saroj Kumar Poddar
- Executive Chairman of the Board
- Indrajit Mookerjee
- Executive Vice Chairman of the Board
- Kishor Kumar Rajgaria
- Chief Financial Officer
- Sandeep Kumar Sultania
- Compliance Officer, Company Secretary
- Sudipta Mukherjee
- Managing Director, Executive Director
- Udyavar Vittal Kamath
- Executive Director
- Ashok Kumar Vijay
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.