Texmaco Rail share price today

Texmaco Rail & Engineering Ltd's share price was ₹104.96 at the close on 6 November 2026. It has been falling for 92 weeks. That is 8.5% below its average price over the last 200 trading days. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Texmaco Rail & Engineering Ltd is in stage 4. The phase helps read everything below.

In the last 52 weeks it traded between ₹84 and ₹140, and at that close it sat 38% of the way up from that low.

Over the last 11 years the share price moved +15% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: indian funds and insurers (DIIs) cut their stake for 9 quarters in a row and revenue down on a year earlier for 5 quarters in a row.

1. Indian funds and insurers (DIIs) cut their stake for 9 quarters in a row

   From 8.9% to 4.8% of the company by the September 2026 quarter.

2. Revenue down on a year earlier for 5 quarters in a row

   In the June 2026 quarter revenue was ₹757 crore, -16.9% on a year earlier.

   Why: Revenue fell because Indian Railway has not placed an order, and management says it sees little growth without one.

   Next results: check whether an Indian Railway tender or order appears, since management again declined to give timing.

   From the earnings call on 30 Sep 2026.

For April to June 2026 (the quarter ended 30 June 2026), Texmaco Rail reported revenue of ₹757 crore, down 16.9% from ₹911 crore a year earlier, and a profit of ₹50.0 crore, up 72.4% from ₹29.0 crore.

Texmaco Rail results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Texmaco Rail's management discussed these results on a call held on 30 September 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Texmaco Rail closed at ₹104.96 on 6 November 2026, down 20.0% from ₹131.26 a year earlier (7 November 2025) and up 235.3% over five years. Its highest weekly close since March 2016 was ₹287.67 on 12 July 2024.

Texmaco Rail share price: then and now

Weekly closing prices. Each change is the move from that price to the 6 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

564 weekly closes from 11 March 2016 to 6 November 2026.

6 Nov 2026: Texmaco Rail closed at ₹104.96, up 6.8% on the week and down 5.4% on the month. 30 Sep 2026: Texmaco Rail held its results call for April to June 2026. Management guided: FY27 performance broadly in line with FY26 absent an Indian Railway order; approximately 50% of Bright Power backlog expected to execute this FY.

Earlier

• 11 Sep 2026: ex-date for a dividend of ₹0.75 a share.
• Results for April to June 2026: Revenue down 16.9% and profit up 72.4% on a year earlier.

Texmaco Rail paid ₹0.75 a share in regular dividends in the 12 months to 7 November 2026 (1 payment), a yield of 0.71% at the ₹104.96 close on 6 November 2026. The last was a dividend of ₹0.75 a share, ex-date 11 September 2026.

Texmaco Rail dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Texmaco Rail & Engineering Ltd paid out 16% of its profit as dividends in FY26, and it paid a dividend in 10 of its last 11 reported years. One of those years shows a negative figure because profit itself was negative.

From the NSE corporate-actions record, read 7 November 2026.

On the call for April to June 2026, held on 30 September 2026, Texmaco Rail's management guided: FY27 performance broadly in line with FY26 absent an Indian Railway order; approximately 50% of Bright Power backlog expected to execute this FY.

“Honestly speaking, since there is no Indian Railway order, I personally do not see much growth in FY27. However, we will try our best to maintain performance in line with FY26.”Sandeep Bakka, on the call for April to June 2026

What management guided

• Bright Power growth expected at 60% next year, continuing thereafter.
• South Africa office to open possibly in Q3; wagon deliveries start July to September 2027, mostly finish FY28, with a small April to June 2028 balance.
• Defense capital spending approximately ₹200 crore this FY, initially funded internally; defense turnover planned at a 4-digit figure by 2030.
• 2030 vision: turnover almost doubles, with existing and new businesses at a 70:30 mix.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 30 September 2026.

When Texmaco Rail reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Indian Railway tender or order issuance - test whether the anticipated award appears after management again declined timing.

Texmaco Rail is not on any of our India lists this week.

Texmaco Rail & Engineering Ltd earned ₹50.0 Cr of net profit in the Jun 2026 quarter, +72.4% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹194 Cr. Over 10 years profit has grown 25.5% a year on average. That is 6.6% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹29.0 Cr.

For the full year, FY26 profit was ₹194 Cr (−22.1% on the year before).

Why profit moved: revenue changed −16.9% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +15.7% and revenue −14.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Texmaco Rail & Engineering Ltd reported ₹757 Cr of revenue in the Jun 2026 quarter, −16.9% on the same quarter a year earlier. Over 10 years it has grown 14.8% a year on average. The last full year, FY26, came in at ₹4,377 Cr. The last four reported quarters add to ₹4,224 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹4,377 Cr, −14.3% on the year before.

Recent pace: the last four quarters grew −14.5% on average, against 14.8% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −14.3%, against +3.6% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −1.8%, against +16.0% a year (rolling over).

Texmaco Rail & Engineering Ltd's operating margin was 8.0% in the Jun 2026 quarter, about the same as the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 11 years it has been between 4.5% and 9.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

In the latest quarter it moved +0.0 percentage points on the same quarter a year ago.

Why the margin moved: operating margin changed −0.3 percentage points on the year while gross margin changed +5.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.

Over the last 3 years, 74% of Texmaco Rail & Engineering Ltd's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 it brought in ₹363 Cr of operating cash against ₹194 Cr of profit. After ₹176 Cr of spending on assets, ₹187 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 74% of profit came in as cash: the cash cycle got 38 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 38 days longer. The next section looks at where the cash is stuck.

Texmaco Rail & Engineering Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 133 days in FY26, up from 95 days in FY21. It spent ₹876 Cr on assets over the last 3 years. Customers take 104 days to pay, and stock sits for 95 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹4,377 Cr, each day of that cycle ties up about ₹12.0 Cr, so roughly ₹1,595 Cr is tied up in the business at any time.

FY26: customers took 104 days to pay and stock sat for 95 days, about 3.1 months of sales sitting as stock, for a full cycle of 133 days, longer than FY21's 95.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 95 days. Customers pay about 104 days after that. Suppliers are paid at 66 days. Together that makes the 133-day cycle.

Spending on assets: ₹876 Cr over the last 3 years, against ₹128 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹165 Cr (FY26): assets paid for that are not earning yet.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Texmaco Rail & Engineering Ltd's P/E is 19.6×, near the low end of its own history: it has been lower only 22% of the time. Its usual P/E (the middle reading) is 56.6×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.