Texmaco Rail & Engineering (TEXRAIL) had a P/E of 19.7× on 6 Nov 2026, below the industry P/E of 26.0×, and the shares are 27% below their 52-week high. Sales and net profit grew 25% and 96% a year over 3 years, with ROCE of 13% and ROE of 9.6%. Debt is 0.37× equity, and its dividend yield is 0.7%. It is a small-cap company with a market cap of ₹4,270 Cr, ranked 4th of 15 Railroads companies by market cap; the shares fell 23% over the past year.
- ₹103.60
- ₹105.86
- ₹102.80
- ₹103.55
- 24.5 L
Health check
- ReturnsBehind
−23.0% over a year, better than 1 of 7 peers.
- Price tagCheaper
P/E 19.7 vs industry 26.0.
- GrowthSteady
Sales +25.1%, profit +95.7% a year over 3 years.
- ProfitabilityAverage
ROCE 13.4% vs peer median 12.4%.
- Balance sheetFair
Debt 0.37× equity, interest covered 3.8×.
- Red flags1 to check
Quarterly sales down 16.9% on a year ago.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹4,270 Cr
- Small cap
- P/E
- 19.7
- Industry 26.0
- Price to book
- 1.70
- Peers 3.75
- Dividend yield
- 0.71%
- ROE
- 9.6%
- Peers 9.3%
- ROCE
- 13.4%
- Peers 12.4%
- Debt to equity
- 0.37
- Debt ₹938 Cr
- EPS (TTM)
- ₹5.33
- Face value ₹1
- OPM (TTM)
- 8.9%
- Net margin 6.8%
- Sales growth
- −16.9%
- Latest quarter vs a year ago
- Profit growth
- +66.8%
- Latest quarter vs a year ago
- Price to sales
- 1.11
- EV/EBITDA 14.7
Strengths and risks
Strengths
- Quarterly profit up 66.8% on a year ago.
Risks to check
- Quarterly sales down 16.9% on a year ago.
About Texmaco Rail & Engineering
Texmaco Rail & Engineering Limited manufactures, sells, and provides services for rail and rail related products in India. It operates through four segments: Freight Car Division, Infra Rail & Green Energy, Infra Electrical, and Real Estate. The company offers freight cars, such as railway freight cars, loco components and shells, and steel castings; steel girders for railway bridges; and pressure vessels. It also undertakes EPC contracts for execution of…
- Headquarters
- Kolkata
- Employees
- 1,879
- Sector
- Industrials
- ISIN
- INE621L01012
- Website
- texmaco.in
Price range
- Avg volume (3M)
- 27.7 L
- 1-year return
- minus 23.0%
- From 52-week high
- minus 26.6%
Peers · Railroads
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| CONCORContainer Corporation of India | 439.80 | minus 0.24% | 33,496 | 27.4 | 15.9 | 12.4% | 14.5% | 0.08 | 4.1% | minus 18.7% |
| TITAGARHTitagarh Rail Systems | 677.85 | minus 1.16% | 9,129 | 48.5 | 27.0 | 8.6% | 9.6% | 0.25 | 4.7% | minus 22.0% |
| JWLJupiter Wagons | 197.94 | minus 0.88% | 8,459 | 52.6 | 23.6 | 9.0% | 9.5% | 0.33 | 12.1% | minus 38.0% |
| TEXRAILTexmaco Rail & Engineering | 104.96 | plus 1.36% | 4,270 | 19.7 | 11.9 | – | 8.9% | 0.37 | 25.1% | minus 23.0% |
| CNCRDConcord Control Systems | 2,764.05 | minus 0.82% | 2,870 | 59.5 | 47.0 | 26.3% | 28.9% | 0.34 | 62.3% | plus 42.3% |
| QUADFUTUREQuadrant Future Tek | 421.95 | minus 0.65% | 1,688 | – | – | −18.6% | −30.6% | 0.10 | −0.3% | plus 26.4% |
| AIRFLOAAirfloa Rail Technology | 484.90 | plus 2.21% | 1,162 | 26.0 | 19.0 | 24.9% | 17.6% | 0.28 | 49.7% | plus 28.7% |
| COSMICCRFCosmic CRF | 906.60 | minus 0.68% | 862 | 16.5 | 12.5 | 14.3% | 8.6% | 0.29 | 80.7% | minus 19.4% |
| Median of 7 peers | – | −0.68% | 2,870 | 38.0 | 21.3 | 12.4% | 9.6% | 0.28 | 12.1% | −18.7% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 911 | 1,258 | 1,042 | 1,167 | 757 | |
| 840 | 1,134 | 953 | 1,061 | 700 | |
| 70.9 | 124 | 88.7 | 106 | 57 | |
| 7.8% | 9.9% | 8.5% | 9.1% | 7.5% | |
| 14.3 | 15 | 20.6 | 9.8 | 22.9 | |
| 30.7 | 30.2 | 31.5 | 30.2 | 25.1 | |
| 10.9 | 11.1 | 11.7 | 13.4 | 12.3 | |
| – | – | −3 | −0.1 | – | |
| 43.7 | 98.1 | 63.1 | 72.4 | 42.5 | |
| 32.8% | 34.9% | 33.0% | 19.9% | −17.8% | |
| 30 | 64.6 | 42.8 | 57.7 | 50 | |
| 0.73 | 1.61 | 1.07 | 1.42 | 1.23 |
Profit & loss
- Sales CAGR 3Y
- +25.1%
- Profit CAGR 3Y
- +95.7%
- EPS CAGR 3Y
- +81.4%
- ROE
- 9.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,225 | 3,489 | 5,072 | 4,359 | |
| – | +56.8% | +45.4% | minus 14.1% | |
| 2,053 | 3,188 | 4,580 | 3,963 | |
| 172 | 300 | 492 | 396 | |
| 7.7% | 8.6% | 9.7% | 9.1% | |
| −3.6 | 11.6 | 29.2 | 22 | |
| 87.8 | 108 | 103 | 99.2 | |
| 35.2 | 38.2 | 43.1 | 47 | |
| −24.9 | −3.7 | −6.7 | 5.9 | |
| 20.4 | 162 | 368 | 277 | |
| 43.5% | 40.7% | 32.4% | 30.2% | |
| 26 | 113 | 249 | 195 | |
| – | +335.0% | +120.1% | minus 21.7% | |
| 0.81 | 3.29 | 6.21 | 4.84 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 32.2 | 39.9 | 39.9 | 40.7 | |
| 1,360 | 2,493 | 2,757 | 2,333 | |
| 984 | 631 | 948 | 895 | |
| 1,009 | 1,021 | 1,092 | 1,785 | |
| 3,385 | 4,185 | 4,837 | 5,054 | |
| 420 | 468 | 982 | 1,108 | |
| 17.6 | 35.3 | 71.3 | 170 | |
| 3.4 | 4.5 | 30 | 32 | |
| 31 | 327 | 145 | 287 | |
| 2,913 | 3,350 | 3,609 | 3,457 | |
| 3,385 | 4,185 | 4,837 | 5,054 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −103 | 95.8 | −46.6 | 363 | |
| −76 | −633 | −95.6 | −231 | |
| 151 | 533 | 172 | −101 | |
| −27.9 | −4.1 | 30 | 30.6 | |
| −52.7 | −82.1 | −533 | −167 | |
| −156 | 13.7 | −579 | 196 | |
| −3.2 | −4.8 | −20 | −29.9 |
Shareholding pattern
- Promoters48.34%
- Public51.66%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 48.34% | 51.66% | 0.00 | |
| 30 Jun 2026 | 48.34% | 51.66% | 0.00 | |
| 31 Mar 2026 | 48.34% | 51.66% | 0.00 | |
| 31 Dec 2025 | 48.34% | 51.66% | plus 0.08 | |
| 30 Sep 2025 | 48.26% | 51.74% | – |
Major shareholders
Filings & events
News
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