Texmaco Rail & ENG. Ltd.
NSE: TEXRAIL · Industrial Manufacturing · sector
₹98.85NSE close 2026-10-26
Key numbers
Market cap₹4,022 cr
Price₹98.85
52w high / low₹143 / ₹78
P/E18.5xSector median 30.3x
P/B1.7xSector median 3.0x
Book value₹58.4
Dividend yield0.74%Sector median 0.65%
ROE8.3%Sector median 10.1%
ROCE11.5%Sector median 11.7%
OPM8.8%Sector median 11.2%
Debt / equity0.37xSector median 0.26x
EV/EBITDA12.0xSector median 23.2x
Interest cover3.2x
Current ratio1.64x
Sales growth 3y+25.0%Sector median +18.4%
Profit growth 3y+96.3%Sector median +32.6%
PEG0.23x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 8 companies in Industrial Manufacturing (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹429 cr vs borrowings ₹873 cr (FY26): borrowings are higher by ₹444 cr.
- Operating profit covered interest 3.2x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY25, FY24, FY23).
- Revenue was higher than a year earlier in 0 of the last 4 quarters.
- Other income was 22% of net profit in the last 12 months.
- Debtor days went from 92 (FY24) to 104 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹98.85 on 2026-10-26: -30.8% from the 52-week high, +26.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹232.77 · low ₹84.38
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,346 | 1,326 | 1,346 | 911 | 1,258 | 1,042 | 1,167 | 757 |
| EBITDA | 132 | 131 | 98 | 71 | 124 | 86 | 106 | 57 |
| OPM % | 9.8% | 9.8% | 7.2% | 7.8% | 9.9% | 8.2% | 9.1% | 7.5% |
| Other income | 16 | 8 | 17 | 8 | 8 | 13 | 8 | 19 |
| Net profit | 73 | 79 | 40 | 30 | 65 | 43 | 58 | 50 |
| EPS (₹) | 1.82 | 1.92 | 1.00 | 0.75 | 1.62 | 1.07 | 1.42 | 1.23 |
| Revenue YoY | -6.5% | -21.5% | -13.3% | -16.9% | ||||
| Profit YoY | -11.3% | -45.4% | +45.0% | +66.9% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,622 | 2,243 | 3,503 | 5,107 | 4,377 | 4,223 |
| EBITDA | 140 | 145 | 264 | 467 | 387 | 373 |
| Net profit | 20 | 26 | 113 | 249 | 195 | 215 |
| EPS (₹) | 0.75 | 0.81 | 3.29 | 6.24 | 4.84 | 5.34 |
| Revenue growth | +38.3% | +56.1% | +45.8% | -14.3% | -14.3% | |
| Profit growth | +25.9% | +338.8% | +120.1% | -21.7% | -2.7% | |
| Dividend / share (₹) | 0.10 | 0.10 | 0.15 | 0.50 | 0.75 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +25.0% | +21.0% | -14.3% |
| Net profit | +96.3% | +69.0% | -2.7% |
| EPS | +81.5% | +55.6% | – |
| Share price | – | -27.0% (2y) | -21.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,392 | 2,533 | 2,797 | 2,374 |
| Borrowings | – | 982 | 630 | 925 | 873 |
| Cash & equivalents | – | 153 | 698 | 293 | 429 |
| Total assets | – | 3,385 | 4,185 | 4,837 | 5,054 |
| Fixed assets | – | 401 | 428 | 883 | 909 |
| Capital work in progress | – | 9 | 22 | 64 | 165 |
| Investments | – | 104 | 134 | 163 | 176 |
| Receivables | – | 785 | 882 | 1,367 | 1,248 |
| Inventory | – | 676 | 724 | 852 | 868 |
| Payables | – | 569 | 676 | 639 | 603 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 27 | -103 | 96 | -47 | 363 |
| Cash from investing | 20 | -76 | -633 | -96 | -231 |
| Cash from financing | -12 | 151 | 533 | 172 | -101 |
| Capex | 16 | 53 | 82 | 533 | 167 |
| Free cash flow | 11 | -156 | 14 | -579 | 196 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 1.9% | 4.5% | 8.9% | 8.2% |
| ROCE % | – | 5.8% | 9.3% | 12.9% | 11.6% |
| Debtor days | – | 128 | 92 | 98 | 104 |
| Inventory days | – | 137 | 92 | 74 | 89 |
| Payable days | – | 115 | 86 | 56 | 62 |
| Cash conversion cycle (days) | – | 150 | 98 | 116 | 131 |
| Working capital days | – | 162 | 223 | 144 | 119 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 48.34% |
| FIIs | 6.02% |
| DIIs | 4.82% |
| of which Mutual funds | 4.74% |
| of which Insurance | 0.02% |
| Government | 0.00% |
| Public (non-institutions) | 40.82% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 48.14% | 48.26% | 48.26% | 48.26% | 48.34% | 48.34% | 48.34% | 48.34% |
| Promoter group | % |
|---|---|
| Zuari International Limited | 15.67% |
| Texmaco Infrastructure & Holdings Limited | 14.50% |
| Adventz Finance Private Limited | 7.78% |
| SAROJ KUMAR PODDAR (as an individual) | 6.04% |
| Duke Commerce Limited | 1.85% |
| Adventz Securities Enterprises Limited | 0.94% |
| SAROJ KUMAR PODDAR (as a Trustee - SAROJ AND JYOTI PODDAR HOLDINGS PRIVATE TRUST) | 0.93% |
| Zuari Industries Limited | 0.19% |
| NEW Eros Tradecom Limited | 0.18% |
| JYOTSNA PODDAR (as an Individual) | 0.09% |
| Premium Exchange and Finance Limited | 0.05% |
| Jeewan Jyoti Medical Society | 0.04% |
| Puja Poddar | 0.04% |
| Aashti Agarwala | 0.01% |
| Shradha Agarwala | 0.01% |
| Public holders above 1% | % |
|---|---|
| Nippon Life India Trustee Ltd-a/c Nippon India Small CAP Fund | 2.80% |
| HDFC Trustee Company Ltd. A/C HDFC Balanced Advantage Fund | 1.80% |
| Samena Special Situations Mauritius III | 1.12% |
3,62,503 shareholders. Pledged: 0.00% of promoter shares.
Peers in Industrial Manufacturing
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| MAZDOCK | ₹75,634 cr | 26.5x | 7.8x | 32.3% | 35.3% | 19.3% | +18.4% | 1.02% |
| COCHINSHIP | ₹29,831 cr | 43.9x | 5.1x | 11.9% | 15.2% | 15.1% | +28.5% | 0.86% |
| SWANDEF | ₹14,207 cr | 34.2x | 6.3x | 27.9% | -5.0% | -90.3% | – | – |
| TITAGARH | ₹8,746 cr | 45.8x | 3.6x | 7.7% | 12.0% | 11.2% | +18.2% | 0.56% |
| JWL | ₹7,462 cr | 46.4x | 2.5x | 5.8% | 8.1% | 11.2% | +12.1% | 0.56% |
| TEXRAIL | ₹4,022 cr | 18.5x | 1.7x | 8.3% | 11.5% | 8.8% | +25.0% | 0.74% |
| ORIRAIL | ₹762 cr | 14.7x | 1.7x | 12.3% | 12.6% | 15.5% | +62.1% | 0.09% |
| HRYNSHP | ₹56 cr | 2.4x | 0.4x | 2.8% | 0.5% | -351.7% | -59.9% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Freight Car Division | ₹3,419 cr | 78.1% | ₹284 cr | 8.3% |
| Infra-Electrical | ₹610 cr | 13.9% | ₹66 cr | 10.8% |
| Infra- Rail & Green Energy | ₹348 cr | 8.0% | ₹-27 cr | -7.9% |
| Real Estate | ₹0 cr | – | ₹-0 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-11 | Dividend | Dividend - Re 0.75 Per Share |
| 2025-09-15 | Dividend | Dividend - Re 0.75 Per Share |
| 2024-09-19 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2023-09-18 | Dividend | Annual General Meeting/Dividend - Rs 0.15 Per Share |
| 2022-09-22 | Dividend | Annual General Meeting/Dividend - Rs 0.10 Per Share |
| 2021-10-21 | Rights | Rights 2:7 @ Premium Rs 22/- |
| 2021-09-16 | Dividend | Annual General Meeting/Dividend - Rs 0.10 Per Share |
| 2020-09-23 | Dividend | Annual General Meeting/Dividend - Rs 0.10 Per Share |
| 2019-09-24 | Rights | Rights 19:100 @ Premium Rs 45.70/- |
| 2019-08-22 | Dividend | Annual General Meeting/Dividend - Re 0.35 Per Share |
| 2018-08-28 | Dividend | Annual General Meeting/Dividend Re 0.25 Per Share |
| 2017-09-07 | Dividend | Annual General Meeting/Dividend - Re 0.25 Per Share |
| 2016-09-16 | Dividend | Annual General Meeting/Dividend - Re 0.25 Per Share |
| 2015-09-18 | Dividend | Annual General Meeting/Dividend Re 0.25 Per Share |
| 2014-08-27 | Dividend | Annual General Meeting / Dividend - Re 0.25/- Per Share |
| 2013-08-29 | Dividend | Annual General Meeting And Dividend Re.1/- Per Share |
| 2012-08-27 | Dividend | Annual General Meeting/Dividend Rs 1 Per Share |
| 2011-08-24 | Dividend | Annual General Meeting/Dividend Re 1 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Freight Car: Railway Freight Cars, Loco Components and Loco Shells, and Steel Castings.
- Infra Rail, Green Energy & Electrical: EPC contracts for Execution of Railway Track, Signaling & Telecommunication Projects, Rail Electrification & Automatic Fare Collection, Hydro-mechanical Equipment Industrial Structure's and Steel Girders for Bridges.
| Sector | Industrials |
| Industry | Industrial Manufacturing |
| Sub-industry | Railway Wagons |
| Symbol | TEXRAIL |
| BSE code | 533326 |
| ISIN | INE621L01012 |
| Face value | ₹1.0 |
| Incorporated | 1998-06-25 |
| Website | www.texmaco.in |
| Plants (India / abroad) | 5 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.