The shares of this company recovered 3 percent sharply on Thursday from its day low after the company announced that it has secured an order worth Rs 141 crore. In this article, we will look at the details of the order.
With a market capitalization of Rs 6,457 crores, the shares of Texmaco Rail & Engineering Ltd are currently trading at Rs 162 per share, down by 45.5 percent from its 52-week 296.49 per share. Over the past five years, the stock has delivered an impressive return of 679 percent.
About the order
On Thursday, Texmaco Rail and Engineering announced that the company has secured an order worth Rs 140.55 crores for the manufacture and supply of 8 rakes of Flat Multi-Purpose Wagons from the Ministry of Railways (Railway Board). The project is expected to be completed within six months.
As of March 2025, the company had a robust order book of Rs 7,000 crores, with the freight car division contributing 49 percent (highest) to the total order book, followed by the infra-electrical segment with 24 percent, the others segment with 14 percent, Infra-Rail & Green Energy with 10.4 percent, steel foundry with 2 percent and components with 0.2 percent.
Financial Highlights
The company reported a revenue growth of 45.80 percent to Rs 5,107 crores in FY25 from Rs 3,503 crores in FY24. Additionally, net profit increased by 120 percent to Rs 249 crores in FY25 from Rs 113 crores in FY24.
The stock has delivered an ROE and ROCE of 9.34 percent and 13.88 percent respectively, and is currently trading at a P/E of 26x as compared to its industry average of 34.10x.
Texmaco Rail & Engineering Ltd is a top manufacturing company of railway wagons, loco components, and steel castings, in addition to taking up EPC contracts including rail track, electrification, signaling, and metro projects. The company supplies projects in logistics, power, cement, and oil & gas sectors.
Written by Satyajeet Mukherjee
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