Synopsis:
Fast-growing small-cap infrastructure company Texmaco Rail & Engineering Ltd, saw a 1% increase in stock price following Ultratech Cement’s work order worth Rs. 47.77 crores.
Railway stock engaged in manufacturing Rolling stock, hydro-mechanical equipment, EPC services and many more is in focus as a result of a new order from Ultratech Cement Ltd.
With the market capitalization of Rs. 6,365 crores, the shares of Texmaco Rail & Engineering Ltd were trading at Rs. 160, up 1 percent from its previous day’s close price of Rs. 158.38 per equity share.
Work Order
The Texmaco Rail & Engineering Ltd company has received a domestic order worth Rs. 47.77 crore from Ultratech Cement Limited to supply BOXNHL wagons and BVCM Brake Vans. The order must be fulfilled by the middle of October 2025.
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About the Company & Others
Texmaco Rail & Engineering Ltd. is an engineering and infrastructure company under the Adventz Group. It is engaged in the manufacturing of rolling stock, hydro-mechanical equipment, steel castings, and also undertakes rail EPC projects, including the construction of bridges and other steel structures.
Texmaco Rail & Engineering Ltd. has seven manufacturing units, including two foundries in West Bengal and Chhattisgarh and five for freight cars and components in Gujarat and West Bengal. The facilities are well-connected to highways and ports, with four units in Kolkata located within 5 km of each other.
Texmaco Rail & Engineering has an order book of about Rs. 7,000 crore in Q4 FY25. The biggest share, 49 percent, is from the Freight Car Division. Other key areas are Infra – Electrical (24 percent), Infra- rail and green energy (10.4 percent), Steel Foundry (2 percent), components (0.2 percent), and others (14 percent). Out of the Freight Car orders, 79 percent are from Indian Railways and 21 percent are from the private sector and exports.
The company’s revenue for FY2024–2025 increased by 45.79 percent year over year from 3,503 crores to Rs. 5,107 crores. Net profit saw a sharp increase of 120.35 percent, from Rs. 113 crores to Rs. 249 crores.
At the moment, the company’s P/E ratio is 25.7x as compared to its industry P/E 38.1x, and its ROE and ROCE are 9.34 percent and 13.9 percent, respectively. The D/E ratio of the company stands at 0.34.
Written by Akshay Sanghavi
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