MarketFriction

Texmaco Rail & Engineering Ltd

NSE TEXRAIL · BSE 533326 · Railway Wagons
₹126.86 -3.70%
NSE close2026-10-01
52 week range78.05 - 143.10
Market cap₹5,113 Cr.
P/E23.6
Microcap 250 Price band 20% Delivery 35.4%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales8058961,1451,0881,3461,3261,3469111,2581,0421,167757
Expenses7298141,0619811,2141,1961,2498401,1349531,061700
Operating Profit76828410713213198711248910657
OPM %9%9%7%10%10%10%7%8%10%9%9%8%
Other Income592023238201415181023
Interest373428284035343130313025
Depreciation999111111111111121312
Profit before tax3649679110493734498637242
Tax %44%47%38%35%29%25%46%33%35%33%20%-18%
Net Profit253045597476392964425850
EPS in Rs0.770.801.131.501.821.921.000.751.621.051.421.23
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,1021,3241,1351,8581,8321,6891,8142,2433,5035,1074,3774,223
Expenses1,0521,2491,0711,6881,6721,5701,6742,0983,2394,6393,9873,847
Operating Profit507464170160119140145264467391376
OPM %4.5%6%6%9%9%7%8%6%8%9%9%9%
Other Income44464815-12925222670585665
Interest5058617097103100116133137123117
Depreciation172225293637363538434749
Profit before tax27392686-10232620162345277276
Tax %28%31%48%15%-32%-8%54%44%41%35%30%
Net Profit20291375-65122126113249194214
EPS in Rs0.590.780.382.24-1.880.440.640.812.836.244.805.32
Dividend Payout %28%21%44%10%-3%18%16%19%18%12%16%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth15%21%25%-14%
Compounded Profit Growth39%68%94%-1%
Stock Price CAGR3%32%-1%-9%
Return on Equity5%6%8%7%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital2122222222253232404041
Reserves9549831,0481,1161,0051,1161,2981,3602,4932,7572,333
Borrowings432433522575760779710984631948895
Other Liabilities5845406569791,0997216241,0091,0211,0921,785
Total Liabilities1,9911,9782,2492,6932,8872,6422,6643,3854,1854,8375,054
Fixed Assets3293703723934374063894314609931,023
CWIP4251474292266165
Investments43239025314310113177104425246373
Other Assets1,2261,2171,6182,1442,3422,1002,1952,8403,2783,5323,494
Total Assets1,9911,9782,2492,6932,8872,6422,6643,3854,1854,8375,054
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-84-34-1754104027-10396-47363
Cash from Investing Activity774016138-101-2118-73-633-96-228
Cash from Financing Activity18-1518-4796-13-12151533172-101
Net Cash Flow10-93-56633-25-43033
Free Cash Flow-108-94-205-57-693211-15614-579196
CFO/OP-171%-26%-253%17%17%42%35%-67%32%-0%107%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1591512191601281321151289298104
Inventory Days1618914012716196120153997995
Days Payable168114159157166133104128935966
Cash Conversion Cycle1511262001301239513115298117133
Working Capital Days435412514710512315313715112384
ROCE %6%6%9%8%6%6%6%11%14%11%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters58.70%50.16%48.14%48.14%48.14%48.14%48.27%48.27%48.27%48.34%48.34%48.34%
FIIs2.30%9.57%11.04%9.09%7.87%8.09%8.14%8.14%7.03%7.07%7.22%5.01%
DIIs6.14%8.80%8.27%8.93%8.70%8.50%7.91%7.38%7.21%6.25%5.79%5.13%
Public32.86%31.46%32.53%33.84%35.28%35.26%35.69%36.22%37.49%38.33%38.63%41.52%
No. of Shareholders1,55,1031,91,8702,79,1883,01,6233,56,2893,60,0423,76,2343,90,7003,91,1533,83,0113,76,1923,83,307

Fundamentals

Market Cap₹ 5,113 Cr.
Current Price₹ 126
Stock P/E23.6
Book Value₹ 58.4
ROCE11.2 %
ROE7.30 %
Dividend Yield0.60 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-14%
Compounded Profit Growth (TTM)-1%
Consolidated figures.
Valuation
Market capRs 5,161 Cr
Enterprise valueRs 5,824 Cr
P/E (TTM)23.99x
Price to book2.17x
Price to sales1.22x
EV / EBITDA13.19x
EV / EBIT14.82x
EV / sales1.38x
Price to cash flow14.23x
Earnings yield4.17%
Dividend yield0.59%
P/E, 3-year average32.06x
P/B, 3-year average1.96x
P/E, 5-year average42.83x
P/B, 5-year average1.57x
Profitability
Operating margin (excl. other income)8.92%
Operating margin (incl. other income)10.21%
EBITDA margin10.46%
Pre-tax margin6.54%
Net profit margin5.10%
Net margin, latest quarter6.61%
ROE7.55%
ROCE11.40%
ROA3.95%
ROE, 3-year average7.56%
ROCE, 3-year average12.00%
ROA, 3-year average4.15%
ROE, 5-year average5.25%
ROCE, 5-year average9.71%
ROA, 5-year average2.82%
ROIC (approx.)9.04%
Tax rate30.19%
Other income / net worth2.37%
Growth
Sales growth (latest year)-14.28%
Profit growth (latest year)-21.68%
Sales CAGR, 3 years24.96%
Sales CAGR, 5 years20.98%
Profit CAGR, 3 years95.72%
Profit CAGR, 5 years68.99%
Sales growth QoQ-35.16%
Profit growth QoQ-13.25%
Sales growth YoY (latest quarter)-16.90%
Profit growth YoY (latest quarter)66.86%
Per share
EPS (TTM)Rs 5.29
EPS (latest year)Rs 4.80
EPS (latest quarter)Rs 1.23
EPS, 3-year averageRs 4.62
EPS, 5-year averageRs 3.06
Book value per shareRs 58.35
Sales per shareRs 103.80
Cash flow per shareRs 8.91
Free cash flow per shareRs 4.82
Dividend per share (latest year)Rs 0.75
Dividend per share, 3-year averageRs 0.67
Dividend per share, 5-year averageRs 0.45
Dividends
Dividend payout15.64%
Dividend payout, 3-year average15.10%
Dividend payout, 5-year average15.91%
Efficiency
Asset turnover0.87x
Fixed asset turnover4.28x
Inventory turnover4.25x
Inventory days86 days
Debtor days104 days
Debtors turnover3.51x
Creditor days66 days
Cash conversion cycle133 days
Working capital days84 days
Leverage
Total debtRs 895 Cr
Cash and bankRs 232 Cr
Net debtRs 663 Cr
Debt to equity0.38x
Net debt / EBITDA1.50x
Interest coverage3.36x
Current ratio (filing 2026-03-31)1.64x
Quick ratio (filing 2026-03-31)1.25x
Trade payables (filing 2026-03-31)Rs 603 Cr
Owners' fund to total sources46.98%
Debt to assets17.70%
Cash flow
Cash from Operating Activity (latest year)Rs 363 Cr
Cash from Investing Activity (latest year)Rs -228 Cr
Cash from Financing Activity (latest year)Rs -101 Cr
Net Cash Flow (latest year)Rs 33 Cr
Free cash flow (latest year)Rs 196 Cr
FCFE (approx.: FCF + change in debt)Rs 143 Cr
Cash from ops / profit, 5 years0.56x
Sales to cash flow12.07x
Statement figures
Net sales (TTM)Rs 4,223 Cr
Net sales (latest year)Rs 4,377 Cr
Sales (latest quarter)Rs 757 Cr
Operating profit excl. other income (latest year)Rs 391 Cr
Operating profit (latest quarter)Rs 57 Cr
Other income (TTM)Rs 65 Cr
EBITDA (TTM)Rs 442 Cr
PBDT (TTM)Rs 325 Cr
Profit before tax (TTM)Rs 276 Cr
Tax (latest year)Rs 84 Cr
Net profit (TTM)Rs 215 Cr
Net profit (latest year)Rs 195 Cr
Net profit (latest quarter)Rs 50 Cr
Depreciation (TTM)Rs 49 Cr
Depreciation (latest quarter)Rs 12 Cr
Interest (TTM)Rs 117 Cr
Cost of goods sold (latest year)Rs 3,692 Cr
Total expenditure (latest year)Rs 3,987 Cr
Total income (latest year)Rs 4,434 Cr
Share capitalRs 41 Cr
ReservesRs 2,333 Cr
Shareholders' fundsRs 2,374 Cr
Total assetsRs 5,054 Cr
Net blockRs 1,023 Cr
Capital work in progressRs 165 Cr
InvestmentsRs 373 Cr
ReceivablesRs 1,248 Cr
InventoryRs 868 Cr
Other liabilitiesRs 1,785 Cr
Shares outstanding (crore)40.69
Ownership
Promoter holding48.34% (+0.07 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 24.0 is at the 16th percentile of its own 8.4-year range (median 99.1, low 10.5, high 343.2).
P/B 2.17 is at the 58th percentile (median 1.98).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodTEXRAILNifty 50Difference
1 week+0.1%-2.8% +2.9 pts
1 month+12.2%-6.8% +19.0 pts
3 months+12.1%-7.6% +19.7 pts
6 months+61.0%+0.4% +60.6 pts
1 year-9.9%-9.9% +0.0 pts
2 years-43.9%-13.6% -30.3 pts
3 years-1.5%+14.2% -15.6 pts
5 years+244.3%+27.9% +216.4 pts
8 mutual fund schemes hold about ₹210 Cr. Over three months 0 bought more and 8 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Nippon India Small Cap Fund0.15%124 -14%
HDFC Balanced Advantage Fund0.07%80 -11%
Motilal Oswal Nifty Microcap 250 Index Fund0.23%6 -16%
Groww Nifty Total Market Index Fund0.01%0 -11%
Angel One Nifty Total Market Index Fund0.01%0 -11%
Mirae Asset Nifty Total Market Index Fund0.01%0 -11%
Motilal Oswal BSE 1000 Index Fund0.01%0 -11%
Bandhan Nifty Total Market Index Fund0.01%0 -11%

Red flags

F-score 4 of 8
explainShare dilution Share count up 2% in a year, 26% in three
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹757 Cr -16.9% vs Jun 2025. Net profit ₹50 Cr +72.4%.
Against our estimate for Jun 2026: sales +0.5%, profit +47.6% in line. Our estimate for Sep 2026: sales Rs 1,068 Cr, profit Rs 54 Cr (how).

Activity

Compare
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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-11Dividend - Re 0.75 Per Share
2025-09-15Dividend - Re 0.75 Per Share
2024-09-19Annual General Meeting/Dividend - Re 0.50 Per Share
2023-09-18Annual General Meeting/Dividend - Rs 0.15 Per Share
2022-09-22Annual General Meeting/Dividend - Rs 0.10 Per Share
2021-10-21 Rights 2:7 @ Premium Rs 22/-
2021-09-16 Annual General Meeting/Dividend - Rs 0.10 Per Share
2020-09-23 Annual General Meeting/Dividend - Rs 0.10 Per Share
2019-09-24 Rights 19:100 @ Premium Rs 45.70/-
2019-08-22 Annual General Meeting/Dividend - Re 0.35 Per Share
2018-08-28 Annual General Meeting/Dividend Re 0.25 Per Share
2017-09-07 Annual General Meeting/Dividend - Re 0.25 Per Share
2016-09-16 Annual General Meeting/Dividend - Re 0.25 Per Share
2015-09-18 Annual General Meeting/Dividend Re 0.25 Per Share
2014-08-27Annual General Meeting / Dividend - Re 0.25/- Per Share
2013-08-29Annual General Meeting And Dividend Re.1/- Per Share
2012-08-27Annual General Meeting/Dividend Rs 1 Per Share
2011-08-24Annual General Meeting/Dividend Re 1 Per Share
DateTypeWhat it says
2026-09-30General UpdatesAcquisition of Indolem Technologies Systems Private Limited by Subsidiary Company Texmaco Defence Technologies Limited
2026-09-26Concall / analyst meetSchedule of meet
2026-09-19Shareholder meetingVoting results.
2026-09-18General UpdatesGeneral Updates
2026-09-18Shareholder meetingProceedings of Annual General Meeting held on September 18, 2026
2026-09-17Concall / analyst meetSchedule of meet
2026-09-10Order winReceipt of Order worth Rs. 27.82 Crores (incl. taxes) from Hindalco Industries Limited
2026-09-06ESOP grantOptions to purchase securities
2026-09-06General UpdatesGeneral Updates
2026-09-05Order winReceipt of Orders worth Rs. 131.36 Crores in aggregate (incl. taxes) from Transport Corporation of India Limited and Touax Texmaco Railcar Leasing Pri...
2026-09-01Order winReceipt of order worth Rs. 24.48 Crores (incl. taxes) from Transport Corporation of India Limited
2026-09-01Order winReceipt of Letter of Award worth USD 135 Million from Tsiko Africa Logistics (Pty) Ltd. together with Barberry Holdings (Pty) Ltd.
2026-08-31ResignationResignation of Director/KMP/SMP
2026-08-31ResignationResignation of Mr. Kishor Kumar Rajgaria as Chief Financial Officer of the company w.e.f. August 31, 2026.
2026-08-27Memorandum of Understanding/Memorandum of Understanding with Bochumer Verein Verkehrstechnik GmBH
2026-08-24UpdatesBusiness Responsibility and Sustainability Reporting for the Financial Year 2025-26.
2026-08-24Record DateRecord date for the purpose of Dividend is 11-Sep-2026.
2026-08-24Shareholder meetingNotice of Annual General Meeting to be held on September 18, 2026
2026-08-21Concall / analyst meetSchedule of Investor meet
2026-08-21Concall / analyst meetSchedule of Investor meet
2026-08-19General UpdatesInvestment in the Shares of its Subsidiary
2026-08-14General UpdatesCessation of Wholly Owned Subsidiary - Texmaco Defence Technologies Limited
2026-08-14AgreementsExecution of Share Subscription & Shareholders Agreement
2026-08-12Order winReceipt of Purchase Order worth Rs. 77.76 Crores (incl. taxes) from IVC Logistics Limited
2026-08-10Memorandum of Understanding/Memorandum of Understanding with The Signalling Company, NV.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2020-01-03NCLATTexmaco Rail & Engineering Ltd. VS Veekay General Industries
2019-12-18NCLATTexmaco Rail & Engineering Ltd. VS Veekay General Industries
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Texmaco Rail & Engineering Ltd?

Texmaco Rail & Engineering Ltd (TEXRAIL) has a market capitalisation of Rs 5,113 Cr. at the 2026-10-01 close.

What is the P/E ratio of Texmaco Rail & Engineering Ltd?

Texmaco Rail & Engineering Ltd trades at a P/E of 23.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Texmaco Rail & Engineering Ltd's latest quarterly results?

In the Jun 2026 quarter, Texmaco Rail & Engineering Ltd sales was Rs 757 Cr (-16.9% vs Jun 2025) and net profit was Rs 50 Cr.

What is the 52-week high and low of Texmaco Rail & Engineering Ltd?

The 52-week high is Rs 143.10 and the 52-week low is Rs 78.05.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03