TEXRAIL Share Price Target 2024-2030 Fundamentals & Quarterly Results

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TEXRAIL Share Price Target 2024 2025 2026 2027 2028 2029 2030 Fundamentals & Quarterly Results: Texmaco Rail & Engineering Limited is an Indian company that manufactures freight wagons and provides railway infrastructure. The Company operates the manufacturing, selling and provision of service for rail and rail-related products. It manufactures a wide variety of products. Operating segments of the company include Freight Car Division, Infra Rail & Green Energy, and Infra Electrical. It manufactures rolling stock that includes wagons, coaches, emus, loco shells and parts, hydro mechanical equipment, steel castings, rail engineering, procurement, construction, bridges, and other steel structures.TEXRAIL share price target

TEXRAIL Overview

Texmaco Rail & Engineering Ltd is a company that engages in civil engineering infrastructure services and is a member of the Adventz Group. The firm manufactures railway rolling stock, hydro-mechanical gadgets, and steel castings, as well as Rail EPC, bridge and other steel structure construction.

Company NameTexmaco Rail & Engineering Ltd
Listed atNSE & BSE
Head OfficeBelgharia, 24 Parganas (North), Kolkata – 700 056, West Bengal
Board Of Directors
  • Mr.A K Gupta Deputy Managing Director
  • Mr.Sudipta Mukherjee Deputy Managing Director
  • Mr.Virendra Sinha Director
  • Mr.D R Kaarthikeyan Director
  • Mr.Akshay Poddar Director
  • Mr.Utsav Parekh Director
  • Mr.Amitabha Guha Director
  • Mr.P S Bhattacharyya Director
  • Ms.Rusha Mitra Director
  • Mr.S K Poddar Executive Chairman
  • Mr.A K Vijay Executive Director
  • Mr.D H Kela Executive Director
  • Mr.Indrajit Mookerjee Vice Chairman & Exe.Director
Official Website texmaco.in

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TEXRAIL Business Profile

The operation of the plants of Texmaco Limited was started in 1939 & the Co. was established in 1998. Earlier, it was doing business with Heavy Engineering & Steel Foundry.  It demerged in 2010 to create Texmaco Rail & Engineering Ltd.

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Rolling Stock

Covers the manufacturing of cargo vehicles (Goods delivering) such as High Payload Stainless/High Tensile Steel Freight Wagons, Auto Car Wagons, High capacity Parcel vans, etc.

Focuses on the design, supply, installation and commissioning of the mainline rail, metro tracks, and electric infrastructure.

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Traction, Coaching & Steel Foundry

It includes the manufacturing of Loco shells, Loco Bogies, Coach-bogies, and Underframes for EMU, Coaches, etc.

It also manufactures High-Speed bogies, Heavy Lifting Cooper’s, and Draft Gears for own consumption. Supplies Low Axle Load Bogie Castings Shroud Castings and Castings for Construction Equipments Hydro Electric Power Projects.

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Bridges and Other Steel Structures

Fabrication and Construction of Steel Bridges for both Rail and Road Networks inclusive of their Components, Foundations, and so on, Steel / Concrete Overpasses and the like.

Engages gates of various types – Radial, Vertical, Mitre, Torispherical Flap type, and Sliding Gate with Body, Bonnet and Hinged type Penstocks, Pressure Shaft Liners, etc.

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Subsidiaries

The Company has 7 subsidiaries which include Belur Engineering Private Limited, Texmaco Transtrak Private Limited, Texmaco Rail Electrification Limited, Texmaco Engineering Udyog Private Limited, Texmaco Rail Systems Private Limited, Texmaco Defence Systems Private Limited and TexRail (SA Pty) Limited.

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Exports

Texamco stands out as the sole Indian enterprise that holds a certification from the Association of American Railroads (AAR). Moreover, the company is involved in selling its products to niche markets like for instance USA, Australia, Eurasia, etc. accounting for 5% of FY23 revenue.

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Joint Ventures

Touax Texmaco Railcar Leasing Pvt. Ltd -In this joint undertaking, the company possesses a fifty percent stake. The JV Company is managing 17 rakes for operation and in the year FY23 Turnover was approximately 22.7 Crores.

Wabtec Texmaco Rail Private Limited-The Company holds a 40% stake in this joint venture. In the financial year 2023, the turnover was approximately Rs.30.8 Crores.

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TEXRAIL Fundamentals & Quarterly Results

MetricValue
Market Cap₹ 9,000 Cr.
Current Price₹ 225
High / Low₹ 297 / 110
Stock P/E65.1
Book Value₹ 62.2
Dividend Yield0.21 %
ROCE11.4 %
ROE5.83 %
Face Value₹ 1.00
FCF Previous Ann.₹ -159 Cr.
Debt to Equity0.25
Debt Preceding Year₹ 984 Cr.
Reserves₹ 2,446 Cr.
Quick Ratio1.87
Current Ratio2.42
Free Cash Flow₹ 12.3 Cr.
PEG Ratio7.38
Piotroski Score7.00
Pledged Percentage0.00 %
Interest Coverage2.86
Debt 3 Years Back₹ 779 Cr.
Graham Number₹ 71.2

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TEXRAIL Quarterly Results

MetricJun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales2994846258356578058961,145892
Expenses3094425707816367308141,061821
Operating Profit-104255542175838471
OPM %-3%9%9%7%3%9%9%7%8%
Other Income613711398122526
Interest223032313537342824
Depreciation999999998
Profit Before Tax-351622261738527265
Tax %-35%16%48%31%13%42%44%35%38%
Net Profit-231411181522294740
EPS (₹)-0.700.420.350.540.450.680.771.181.01

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CAGR Report

Metric10 Years5 Years3 YearsTTM / 1 Year
Compounded Sales Growth23%14%28%44%
Compounded Profit Growth28%9%111%143%
Stock Price CAGR12%39%93%67%
Return on Equity (ROE)3%4%3%6%

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TEXRAIL Shareholding Pattern

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Jun 2024
Promoters52.37%52.32%51.52%56.55%58.35%58.70%48.14%48.14%
FIIs7.71%7.13%5.02%3.34%1.82%1.89%11.04%9.09%
DIIs14.91%14.49%13.85%8.95%8.18%7.00%8.27%8.93%
Public25.01%26.06%29.61%31.16%31.65%32.42%32.53%33.84%
No. of Shareholders68,98765,97864,63986,73893,2431,14,5202,79,1883,01,623

TEXRAIL Share Price Target 2024-2030 Forecast

YearInitial TargetMid-Year TargetYear-End Target
2024₹333.69₹437.31₹499.49
2025₹509₹478₹571
2026₹582₹547₹654
2027₹667₹627₹748
2028₹763₹717₹856
2029₹873₹821₹980
2030₹1000₹940₹1123

TEXRAIL Share Price Target 2025

MonthTarget
January₹509
February₹519
March₹529
April₹511
May₹494
June₹478
July₹497
August₹517
September₹538
October₹549
November₹560
December₹571

TEXRAIL Share Price Target 2026

MonthTarget
January₹582
February₹594
March₹606
April₹586
May₹566
June₹547
July₹569
August₹592
September₹616
October₹628
November₹641
December₹654

TEXRAIL Share Price Target 2027

MonthTarget
January₹667
February₹680
March₹694
April₹671
May₹649
June₹627
July₹652
August₹678
September₹705
October₹719
November₹733
December₹748

TEXRAIL Share Price Target 2028

MonthTarget
January₹763
February₹778
March₹794
April₹768
May₹742
June₹717
July₹746
August₹776
September₹807
October₹823
November₹839
December₹856

TEXRAIL Share Price Target 2029

MonthTarget
January₹873
February₹890
March₹908
April₹878
May₹849
June₹821
July₹854
August₹888
September₹924
October₹942
November₹961
December₹980

TEXRAIL Share Price Target 2030

MonthTarget
January₹1000
February₹1020
March₹1040
April₹1005
May₹972
June₹940
July₹978
August₹1017
September₹1058
October₹1079
November₹1101
December₹1123

Official Website – texmaco.in

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