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125.602 days ago
128.452 days ago
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LOWER/UPPER CIRCUITS

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Texmaco Rail Engineering Ltd Stock performance
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KEY OBSERVATIONS

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negative
neutral

Our researchers has found no immediate positive insights for this stock. We'll update this space as soon as we find something.

LONG-TERM PRICE ANALYSIS

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Stock return5Y CAGR : 21.34%
Net profit growth 5Y CAGR : 5.73%

About Texmaco Rail & Engineering Ltd.

Texmaco Rail & Engineering Ltd. is an Indian engineering company engaged in manufacturing rolling stock, hydro-mechanical equipment, steel castings, bridges, and other steel structures, alongside Rail EPC project execution. Incorporated on June 25, 1998, following the demerger of Heavy Engineering and Steel Foundry businesses of Texmaco Limited, its operations date back to 1939. The company operates five plants and five offices in India, with two international offices, serving markets across 23 Indian states and 17 countries. Exports account for 7.48% of its total turnover. The Group comprises nine subsidiaries.

 

Texmaco’s product portfolio includes freight wagons such as BOXNHL, GONDOLA, BTAP (Bulk Alumina Powder), BTCS (Fly Ash), BLCM (container carrying), and BOBRN (coal carrier with bottom discharge). Its Steel Foundry supplies critical railway components—including bogies, couplers, draft gears, strikers—mining parts like heel and corner shrouds, and industrial castings such as marine brackets, slag pots, knuckles, pivots, followers, crossings, twist locks, penetrators, centre castings, and bottom shells. The company also undertakes bridges, structural works, rail EPC, and site fabrication and erection.

Key Milestones of Texmaco Rail & Engineering Ltd.

  • Established in 1998 post demerger, with roots tracing back to 1939.
  • Completed runway and infrastructure projects in railway and industry sectors, expanding product variety.
  • Acquired Jindal Rail Infrastructure Ltd., now Texmaco West Rail Ltd. (TWRL), diversifying into cement, steel, automotive, and container segments.
  • Acquired 51% stake in Saira Asia Interiors Pvt. Ltd., enhancing rolling stock interior solutions.

Texmaco Rail & Engineering Ltd. Business Segment

Export contribution: 7.48% of turnover from international markets.

 

Markets served span 23 Indian states and 17 countries globally across the rail and steel infrastructure sectors.

 

The company operates integrated businesses in rolling stock manufacturing, steel foundry, infrastructure fabrication (bridges and structures), and Rail EPC projects. Its focus includes manufacturing freight wagons and components, delivering EPC solutions, and executing site fabrication and erection.

Texmaco Rail & Engineering Ltd. Key Management

  • Saroj Kumar Poddar – Chairman
  • Indrajit Mookerjee – Executive Director & Vice Chairman
  • Sudipta Mukherjee – Managing Director
  • Ashok Kr. Vijay – Executive Director
  • U.V. Kamath – Executive Director
  • Kishor Kumar Rajgaria – Chief Financial Officer (w.e.f. April 1, 2025)
  • Sandeep Kumar Sultania – Company Secretary (w.e.f. April 1, 2025)

Latest Updates on Texmaco Rail & Engineering Ltd.

  • Strategic acquisition: Integrated Texmaco West Rail Ltd. (formerly Jindal Rail Infrastructure Ltd.); delivered 1,929 wagons with revenue of Rs 920 crore in FY 2024–25.
  • New business initiative: Acquired majority stake (51%) in Saira Asia Interiors Pvt. Ltd., enhancing metro and rail rolling stock interiors capabilities.
  • Freight car performance: Delivered 8,683 wagons during FY 2024–25, comprising 6,856 to Indian Railways and 1,827 to private/export sectors; total wagon value Rs 3,158.77 crore.
  • Export traction: Shipped 250 gondola wagons to Arcelor Mittal, Liberia, following prior supply of 150 units.
  • Technology and collaborations: Launched Global Capability Centre to co-develop next-gen freight solutions; earned “Rising Star Award” from Trinity Rail Group LLC (USA); partnered with Nevomo (Europe) for MagRail technology exploration in India.
  • Infra Electrical Division: Achieved record revenue of Rs 367.08 crore and EBITDA of Rs 52.16 crore; completed multiple electrification and transmission projects, including 27 km ballastless track laying and maintenance of 4,000 km electrified lines.
  • Infra Rail & Green Energy Division: Reported revenue of Rs 392 crore; completed Akhaura–Agartala railway link in Bangladesh; ongoing progress on Subansiri Hydro, Mizoram Bridge, Arun III, and Farakka Hydro projects.
  • Joint Ventures: Touax Texmaco Railcar Leasing Pvt. Ltd. managed a 32-rake fleet; Wabtec Texmaco Rail Pvt. Ltd. reported Rs 132.06 crore income and Rs 30.94 crore PBT, with ongoing rail equipment supplies and IR trials of Brake System Health Monitor.
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Frequently Asked Questions

Texmaco manufactures freight rolling stock, steel castings, bridges, and other steel structures, alongside executing Rail EPC projects. It supplies railway, mining, and industrial components.

Operations span five plants and offices across India, along with two international offices, serving 23 Indian states and 17 countries. Exports contribute 7.48% of turnover.

As per consolidated financial statements, the Group includes nine subsidiaries.