TEXRAIL
OVERVALUEDTexmaco Rail & Engineering Limited
Capital Goods · NSE
↓ 34.9% vs fair value
52W Low
₹78
+38.5% from low
52W High
₹189
-42.8% from high
Valuation Gauge
Current Price
₹108
Fair Value
₹80
Fair Value Analysis
₹80
Based on balance sheet strength analysis and earnings growth potential for Capital Goods sector companies | Sector-cheap: P/E at 17th percentile vs sector peers. | ROCE improving (latest 12.5%) — capital allocation becoming more efficient. | Growth capped at 6.9% (ROE 6.0%×1.15) — historical CAGR exceeds sustainable rate or COVID period unverifiable. | COVID-resilient: PAT dropped from ₹75Cr (FY2019) to ₹-65Cr (FY2020) during COVID but has fully recovered.
Balance Sheet Value
71% weight
Growth Valuation
29% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Financially Healthy
Profitability
ROE of 6.0% is below the Capital Goods sector benchmark of 15%
Debt & Leverage
D/E ratio of 0.3x is well within the Capital Goods sector norm of 2.0x — strong balance sheet
Valuation vs Peers
P/E of 24.9x trades at a 78% discount to Capital Goods sector median (112x) — attractively valued
Cash Flow
Negative FCF of ₹-579 Cr — company is consuming more cash than it generates
Earnings Growth
5yr EPS CAGR of 129.9% is well above the Capital Goods sector average of 42.2% — strong growth
Dividend
Dividend yield of 0.6% provides moderate shareholder returns
Company Health Timeline
10-year financial health at a glance
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
2.8%
Free cash flow / market cap
Revenue Growth (YoY)
+28.4%
Year-on-year revenue change
Profit Growth (YoY)
+16.8%
Year-on-year PAT change
Operating Cash Flow
₹363 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹4.7
P/E Ratio
24.9x
P/B Ratio
2x
ROE
6%
ROCE
13.7%
Debt / Equity
0.31x
Beta
0.74
Div Yield
0.7%
FCF (Cr)
₹-579 Cr
Revenue (Cr)
₹5,072 Cr
EPS Growth 5Y
129.9%
Mkt Cap (Cr)
₹4,729 Cr
52W High
₹189
52W Low
₹78.1
Book Value/Share
₹58.1
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| 2026-03-31 | ₹4.4K Cr | ₹390 Cr | 9.0% | ₹194 Cr | ₹4.80 |
| 2025-03-31 | ₹5.1K Cr | ₹467 Cr | 9.0% | ₹249 Cr | ₹6.24 |
| 2024-03-31 | ₹3.5K Cr | ₹264 Cr | 8.0% | ₹113 Cr | ₹2.83 |
| 2023-03-31 | ₹2.2K Cr | ₹145 Cr | 6.0% | ₹26 Cr | ₹0.81 |
| 2022-03-31 | ₹1.8K Cr | ₹140 Cr | 8.0% | ₹21 Cr | ₹0.64 |
| 2021-03-31 | ₹1.7K Cr | ₹119 Cr | 7.0% | ₹12 Cr | ₹0.44 |
| 2020-03-31 | ₹1.8K Cr | ₹160 Cr | 9.0% | ₹-65 Cr | ₹-1.88 |
| 2019-03-31 | ₹1.9K Cr | ₹170 Cr | 9.0% | ₹75 Cr | ₹2.24 |
| 2018-03-31 | ₹1.1K Cr | ₹64 Cr | 6.0% | ₹13 Cr | ₹0.38 |
| 2017-03-31 | ₹1.3K Cr | ₹74 Cr | 6.0% | ₹29 Cr | ₹0.78 |
| 2016-03-31 | ₹1.1K Cr | ₹50 Cr | 5.0% | ₹20 Cr | ₹0.59 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Capital Goods| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
Electrosteel Castings Limited | ₹78.2 | ₹228.8 | +65.8% | 16.1 | 13.2% | UNDERVALUED |
Vesuvius India Limited | ₹466 | ₹1,325.9 | +64.8% | 37.2 | 17.1% | UNDERVALUED |
Power Finance Corporation | ₹430.4 | ₹824.5 | +47.8% | 5.7 | 20.5% | FAIRLY_VALUED |
REC | ₹336.9 | ₹618.3 | +45.5% | 5.6 | 20.0% | FAIRLY_VALUED |
Surya Roshni Limited | ₹245.1 | ₹381.4 | +35.7% | 16.6 | 12.8% | FAIRLY_VALUED |
Shakti Pumps (India) Limited | ₹504.1 | ₹695.5 | +27.5% | 24.2 | 18.0% | UNDERVALUED |
AGI Greenpac Limited | ₹578.6 | ₹663.1 | +12.8% | 10.7 | 15.6% | FAIRLY_VALUED |
Elecon Engineering | ₹534 | ₹544.2 | +1.9% | 31.9 | 15.8% | FAIRLY_VALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
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