TEXRAILCapital Goods

Texmaco Rail & Engineering Limited

Railway Wagons · ISIN INE621L01012 · BSE 533326 · NSE EQ · FV ₹1
Last price
₹112
+2.83%today
What this company does

Texmaco Rail & Engineering Limited operates in Railway Wagons, part of the Capital Goods sector. It booked ₹757 cr of revenue in its latest quarter (Q1 FY27) and kept 6.6% of sales as profit. It is the 3rd largest of 3 Railway Wagons companies we track, by market value.

The Company manufactures a diverse range of products Estimates and underlying assumptions are reviewed on viz.
In the report:
56out of 100
Equitytale Health Score
Mixed

Healthier than 56% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 77–113 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
49

At close. Not part of the score.

Profitability & returns24

How much profit it earns on the money it employs

Balance sheet17

How much it owes, and whether earnings cover the interest

Cash quality73

Whether reported profit actually arrives as cash

Growth & consistency84

Whether sales and profit have grown, and how steadily

Valuation85

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
A mixed picture
Strengths
Makes a profit
Profit up 67% vs last year
Promoters hold 48%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 6.6% net margin
! Sales down 17% vs last year

What if I invest in TEXRAIL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹112 +2.83%
latest close · 2026-09-17
1-year return
+237.4%
52-wk low ₹2752-wk high ₹124
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio22.7Average
LowAverageHigh
P/B ratio1.91Moderate
Below bookModerateHigh
EV / EBITDA17.6High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity8.4%Fair
WeakFairStrong ▸15%
Return on capital9.0%Fair
WeakFairStrong
Net margin6.6%Decent
ThinDecentStrong
EBITDA margin10.0%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.36Comfortable
LowModerateHigh ▸1
Interest cover2.5×Okay
RiskyOkayStrong ▸5×
Current ratio1.64Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹4,544 cr
Book value
₹58
EPS
₹1.23
latest quarter
Net debt
₹783 cr
owes more than its cash
Enterprise value
₹5,327 cr
EBITDA
₹302 cr
annualised
EBIT
₹253 cr
annualised
Operating margin
8.4%
Return on assets
4.0%
Earnings yield
4.41%
P/S
1.50
Sales / share
₹74.4
Tax rate
-19.9%
Face value
₹1
Shares
40.7 cr
Working capital
₹1,431 cr
Current assets
₹3,666 cr
Current liabilities
₹2,236 cr
Delivery %
38.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹19₹29, midpoint ₹24

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹757 cr
Other Income₹19 cr
Total Income₹775 cr
Cost of Materials₹555 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹13 cr
Employee Benefit Expense₹45 cr
Finance Costs₹25 cr
Depreciation & Amortisation₹12 cr
Other Expenses₹86 cr
Total Expenses₹737 cr
Profit before Tax₹38 cr
Tax Expense₹-8 cr
Share of JV / Associates₹4 cr
Net Profit₹50 cr
Net margin on total income6.5%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹568 cr72.2%
Employee benefit expense₹45 cr5.8%
Finance costs₹25 cr3.2%
Depreciation & amortisation₹12 cr1.6%
Other expenses₹86 cr10.9%
Profit for the period₹50 cr6.4%
Total income ₹775 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,042 cr1,167 cr757 cr
Total income1,055 cr1,175 cr775 cr
Expenses996 cr1,104 cr737 cr
Profit before tax55 cr71 cr38 cr
Tax21 cr14 cr-8 cr
Net profit (owners' share)43 cr58 cr50 cr
Net margin (owners' share, on revenue)4.1%4.9%6.6%
EPS (₹)1.071.421.23
YoY (latest quarter): total income -15.6% · net profit +66.8%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹5,054 cr
Shareholder equity
₹2,374 cr
parent shareholders
Total debt
₹873 cr
Cash
₹90 cr
Cash flow · H1 FY26
Operating
₹212 cr
Investing
₹-76 cr
Financing
₹-132 cr
Peer comparison
Railway Wagons · by market value
CompanyPriceMarket capP/E
TITAGARH RAIL SYSTEMS LIMITED₹827₹11,138 cr52.9
Jupiter Wagons Limited₹231₹9,882 cr87.6
Texmaco Rail & Engineering Limitedthis company₹112₹4,544 cr22.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.67%
trailing 12 months
Dividend / share (TTM)
₹0.75
Last dividend
₹0.75
ex 11 Sep 2026
ActionDetailEx-date
Dividend₹0.75 / share11 Sep 2026
Dividend₹0.75 / share15 Sep 2025
Dividend₹0.5 / share19 Sep 2024
Dividend₹0.15 / share18 Sep 2023
Dividend₹0.1 / share22 Sep 2022
Rights issue7:221 Oct 2021
Who owns it · 2026-06-30
No pledge
Promoter
48.3%
FII / Foreign
5.0%
DII / Domestic
5.1%
Retail / others
41.5%
Promoter stake down 1.8% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtJyotsna Poddar · Promoter Group2.50 L19 Dec 25
SoldAkshay Poddar · Promoter Group2.50 L19 Dec 25
BoughtM/s Adventz Finance Private Limited · Promoter Group38.86 L · ₹75.0 cr6 Nov 25
Bulk / block deals
short · NSE128 Aug 26
short · NSE127 Aug 26
short · NSE1,00026 Aug 26
Stake changes
SoldMr. Akshay Poddar · promoter→ 0.00% · 2.50 L19 Dec 25
BoughtJyotsna Poddar · promoter→ 0.09% · 2.50 L19 Dec 25
BoughtTexmaco Infrastructure & Holdings Limited along with PAC · promoter→ 14.77% · 2.01 L6 Feb 25
Promoter pledges
PledgedLender: Yes Bank Ltd, trustee: Vistra ITCL ( India)Limited7.39 L · 0.00% held21 Dec 18
ReleasedThe Ratnakar Bank Ltd6.55 L · 0.00% held10 Dec 14
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 22 Sep 2025
See the official result
1
Adoption of Standalone Audited Financial Statements of the Company for the financial year ended 31st March 2025 together with the Reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
4.51 cr votes for, 33,012 against · 0% of mutual funds and other big investors said no
2
Adoption of Consolidated Audited Financial Statements of the Company for the financial year ended 31st March 2025 and the Report of the Auditors thereon.
Backed by 98% of shareholders other than promotersneeded 50%
4.44 cr votes for, 7.58 L against · 2% of mutual funds and other big investors said no
3
Declaration of Dividend on Equity Shares for the financial year ended 31st March 2025.
Backed by 100% of shareholders other than promotersneeded 50%
4.51 cr votes for, 23,776 against · 0% of mutual funds and other big investors said no
4
Re-appointment of Mr Indrajit Mookerjee (DIN: 01419627), Executive Director & Vice Chairman, who retires by rotation and being eligible offers himself for re-appointment.
Backed by 82% of shareholders other than promotersneeded 50%
3.71 cr votes for, 80.66 L against · 18% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 23 named members
owning 48.4% between them · as of 2026-06-30
ZUARI INTERNATIONAL LIMITED15.67%
TEXMACO INFRASTRUCTURE & HOLDINGS LIMITED14.50%
ADVENTZ FINANCE PRIVATE LIMITED7.78%
SAROJ KUMAR PODDAR (as an Individual)6.04%
DUKE COMMERCE LIMITED1.85%
ADVENTZ SECURITIES ENTERPRISES LIMITED0.94%
SAROJ KUMAR PODDAR (as a Trustee - SAROJ AND JYOTI PODDAR HOLDINGS PRIVATE TRUST)0.93%
ZUARI INDUSTRIES LIMITED0.19%
Business done with them
FY2025 · 3 of the group
The company paid ₹3 cr to companies in the promoter group last year — about 0.1% of its ₹5,107 cr revenue and received ₹1.1 L back from them.
TEXMACO INFRASTRUCTURE & HOLDINGS LIMITED
Other payments to them · Investment, Rent Recd., Rent Paid,Dividend Received
also owns 14.50% of the company
₹3 cr
company paid
ADVENTZ FINANCE PRIVATE LIMITED
Other payments to them · Loans & Advances Repayment, Loans and Advances Recd, Dividend, Rent and Interest Paid
also owns 7.78% of the company
₹16.5 L
company paid
Akshay Poddar
Other payments to them · Sitting Fees and commission
₹6.6 L
company paid
TEXMACO INFRASTRUCTURE & HOLDINGS LIMITED
Other income from them · Investment, Rent Recd., Rent Paid,Dividend Received
also owns 14.50% of the company
₹1.1 L
company received

The company also transacted with 35 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹143 cr raised in Apr 2024 by selling shares to selected investors

As of Jun 2026, the company says it has spent 58% of what it set aside. CARE Ratings Limited watches the spending on the exchange’s behalf.

Capital Expenditure
now filed as: Yes
4%
of what was set aside
Funding the working capital requirements of the Company
now filed as: Yes
budget changed
100%
of what was set aside
General Corporate Purpose
100%
of what was set aside

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

₹750 cr raised in Nov 2023 by selling shares to large investors

As of Jun 2025, the company says it has spent 95% of what it set aside, leaving ₹39 cr still to be spent. CARE Ratings Limited watches the spending on the exchange’s behalf.

Funding capital expenditure requirements of the Company
61%
₹61 cr of ₹100 cr
Repayment or prepayment of outstanding borrowings
100%
₹251 cr of ₹251 cr
Funding working capital requirements of the Company
100%
₹250 cr of ₹250 cr
General Corporate Purpose
originally ₹132 cr
budget changed
100%
₹171 cr of ₹171 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.