# Texmaco Rail share price today (Texmaco Rail & Engineering Ltd, NSE: TEXRAIL) > Texmaco Rail share price today: ₹107.89 at the NSE close on 4 November 2026, down 17.8% in a year. Texmaco Rail & Engineering (NSE: TEXRAIL) is worth ₹4,388 crore, trades at a P/E of 20.2 and has closed between ₹83.66 and ₹140.09 over the past 52 weeks. > Texmaco Rail & Engineering Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. TEXRAIL · Railways · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/texmaco-rail-engineering-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Turning around, from the last 12 quarters - Price: ₹107.89 (−17.8% in a year) - P/E: 20.2× (lower than 83% of the last 10 years) - Revenue (Jun 2026): ₹757 Cr (−16.9% on a year ago) - Profit (Jun 2026): ₹50.0 Cr (+72.4% on a year ago) - Operating margin: 8.0% (flat on a year ago) - ROCE: 11%, FY26 - ROIC: 8.6%, against a 12.0% cost of capital: −3.4 points The main question: foreign institutions moved −1.9 percentage points over 8 quarters while the business went the other way. ## What is the Texmaco Rail share price today? Texmaco Rail & Engineering Ltd's share price was ₹107.89 at the close on 4 November 2026. It has been falling for 92 weeks. That is 6.3% 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. In the last 52 weeks it traded between ₹84 and ₹140, and at that close it sat 43% of the way up from that low. Over the last 11 years the share price moved +18% 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. ## What changed at Texmaco Rail this quarter? 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. ## What are Texmaco Rail's latest quarterly results? 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 | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹757 crore | ₹911 crore | −16.9% | | Profit | ₹50.0 crore | ₹29.0 crore | +72.4% | | Earnings per share | ₹1.23 | ₹0.75 | +64.0% | | Operating margin | 8.0% | 8.0% | 0.0 points | 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.) ## What is the Texmaco Rail share price history? Texmaco Rail closed at ₹107.89 on 4 November 2026, down 17.8% from ₹131.26 a year earlier (7 November 2025) and up 244.7% over five years. Its highest weekly close since March 2016 was ₹287.67 on 12 July 2024. ### Texmaco Rail share price: then and now | When | Close | Change to 4 Nov 2026 | | --- | --- | --- | | 1 week ago · 30 Oct 2026 | ₹98.26 | +9.8% | | 1 month ago · 1 Oct 2026 | ₹126.86 | −15.0% | | 6 months ago · 8 May 2026 | ₹114.97 | −6.2% | | 1 year ago · 7 Nov 2025 | ₹131.26 | −17.8% | | 3 years ago · 3 Nov 2023 | ₹126.90 | −15.0% | | 5 years ago · 4 Nov 2021 | ₹31.30 | +244.7% | | 10 years ago · 4 Nov 2016 | ₹93.57 | +15.3% | | Earliest weekly close in our records · 11 Mar 2016 | ₹91.14 | +18.4% | | Highest weekly close since March 2016 · 12 Jul 2024 | ₹287.67 | −62.5% | | Lowest weekly close since March 2016 · 20 Mar 2020 | ₹15.25 | +607.5% | | 52-week high (weekly close) · 26 Dec 2025 | ₹140.09 | −23.0% | | 52-week low (weekly close) · 27 Mar 2026 | ₹83.66 | +29.0% | Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (564 weekly closes from 11 March 2016 to 4 November 2026.) ## What is the latest news on Texmaco Rail? 4 Nov 2026: Texmaco Rail closed at ₹107.89, up 9.8% on the week and down 15.0% 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. ## What dividend does Texmaco Rail pay? Texmaco Rail paid ₹0.75 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.70% at the ₹107.89 close on 4 November 2026. The last was a dividend of ₹0.75 a share, ex-date 11 September 2026. ### Texmaco Rail dividends since 1 April 2021 | Ex-date | Dividend per share | Type | | --- | --- | --- | | 11 Sep 2026 | ₹0.75 | Dividend | | 15 Sep 2025 | ₹0.75 | Dividend | | 19 Sep 2024 | ₹0.50 | Dividend | | 18 Sep 2023 | ₹0.15 | Dividend | | 22 Sep 2022 | ₹0.10 | Dividend | | 16 Sep 2021 | ₹0.10 | Dividend | 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. 5 of 5 Of the last 5 financial years, years with an NSE dividend record 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 5 November 2026.) ## What did Texmaco Rail management say on the latest results call? 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](https://files.tijoristack.ai/concall/transcript/6691-30-Sep-2026.pdf). (From the call for April to June 2026, 30 September 2026.) ## What to watch in Texmaco Rail's next results? 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. - What to check (from the call) - Indian Railway tender or order issuance - test whether the anticipated award appears after management again declined timing. - South Africa office, definitive contracting and supply readiness - check progress before the scheduled export delivery window. - TRIS profitability and non-export backlog execution - verify the break-even milestone converts into sustained positive results. - Defense prototype and approvals - track Army submission, exchange disclosure and the planned internal-accrual funding. ## Which stock lists is Texmaco Rail on? Texmaco Rail is not on any of our India lists this week. ## Is Texmaco Rail profitable? 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. 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. ## How much revenue does Texmaco Rail make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Texmaco Rail keep? 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. 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. ## Is Texmaco Rail's profit turning into cash? 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. 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. ## Where does Texmaco Rail's cash go? 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. 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. ## What is Texmaco Rail's P/E ratio, and how does it compare with its own history? Texmaco Rail & Engineering Ltd's P/E is 20.2×, near the low end of its own history: it has been lower only 17% of the time. Its usual P/E (the middle reading) is 62.2×, 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. 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. Why the multiple is where it is: over the past year earnings per share moved −23.1% while the price moved −17.8%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +28.1% a year; about +29.3% a year came from earnings growth and about −1.2 percentage points from the multiple (the market paying less); over 10 years the price moved +1.4% a year; about +37.6% a year came from earnings growth and about −36.2 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Texmaco Rail business getting better or worse? Texmaco Rail & Engineering Ltd's business is turning around. Profit growth has swung from −22.2% at its low to −1.8%, rising from a low 1 quarters ago, with ROCE steady at 12.8%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does Texmaco Rail earn on its capital? Texmaco Rail & Engineering Ltd earned a ROCE of 11% in FY26. That is up from a low of 6% in FY17. Its return on capital used (ROIC) is 3.4 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 4.4% net margin and 0.87× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 4.4% net margin × 0.87× asset turnover × 2.13× leverage (assets divided by equity) ≈ 8.2% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 8.6% − 12.0% = −3.4 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 8.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 7.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Texmaco Rail have too much debt? Texmaco Rail & Engineering Ltd has total debt of ₹895 Cr against shareholder equity of ₹2,412 Cr as of Jun 2026, so its debt is 0.37× its equity. Year by year, that ratio went from 0.53 in FY22 to 0.37 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Texmaco Rail shareholding pattern? Domestic institutions cut their stake in Texmaco Rail & Engineering Ltd by 3.9 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 4.8% of the company. Foreign institutions moved −1.9 points over the same period, to 6.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −3.9 points over 8 quarters, to 4.8%; Foreign institutions: −1.9 points over 8 quarters, to 6.0%; Promoters: +0.2 points over 8 quarters, to 48.3%. Why the owners changed: domestic institutions drove it (−3.9 points), together with foreign institutions (−1.9 points). They reduced their stake. ## How far is Texmaco Rail from balance-sheet trouble? For Texmaco Rail & Engineering Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Texmaco Rail rank in its industry? 49.9 out of 100, rank 5 of 9 in Railways, with 89% of the evidence available. Texmaco Rail & Engineering Ltd scores 49.9 out of 100 against the 9 companies it is compared with in Railways, ranking 5. Relative strength against the index is -8.7%, and revenue and profit growth are weak. The four parts add up to the total exactly: 8.8 + 9.3 + 14.9 + 16.9 = 49.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Texmaco Rail compared with? Texmaco Rail ranks 5 of 9 Railways companies on the 4-Factor Sector Score, with 49.9 out of 100. 1. [Oriental Rail Infrastructure Ltd](https://www.sectoralpha.in/stocks/oriental-rail-infrastructure-ltd) ORIRAIL · breaking out · Evidence leans up · 78% evidence 64.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.0/35 · Revenue 16.2% · Profit 73.3% · Operating margin change 0 points · 100% evidence Capital efficiency 13.2/25 · ROCE 12% · Operating margin 16% · 100% evidence Valuation 16.1/20 · P/E 14.2× · PEG 0.58 · 65% evidence Relative strength 9.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.1% · 1 year -37.5% · 25% evidence · 3 of 5 weeks ahead Exact sum: 26 + 13.2 + 16.1 + 9.5 = 64.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Railtel Corporation of India Ltd](https://www.sectoralpha.in/stocks/railtel-corporation-of-india-ltd) RAILTEL · quiet · Evidence leans up · 85% evidence 61.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.3/35 · Revenue 22.5% · Profit 5.9% · Operating margin change -1 points · 100% evidence Capital efficiency 18.0/25 · ROCE 22.8% · Operating margin 15% · 100% evidence Valuation 15.0/20 · P/E 19.2× · PEG 1.4 · 100% evidence Relative strength 7.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -23.4% · 1 year -39.6% · 25% evidence · 0 of 12 weeks ahead Exact sum: 20.3 + 18 + 15 + 7.9 = 61.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Rites Ltd](https://www.sectoralpha.in/stocks/rites-ltd) RITES · quiet · Evidence leans up · 96% evidence 56.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.9/35 · Revenue 11.3% · Profit 9% · Operating margin change -1 points · 88% evidence Capital efficiency 21.6/25 · ROCE 23% · Operating margin 22% · 100% evidence Valuation 3.1/20 · P/E 21.7× · PEG 3.7 · 100% evidence Relative strength 14.8/20 · Lead over its industry 5.6% · Lead over NIFTY 500 -8.7% · 1 year -23.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.9 + 21.6 + 3.1 + 14.8 = 56.4 · What this means: Relative strength against the index is -8.7%, and revenue and profit growth are weak. 4. [Titagarh Rail Systems Ltd](https://www.sectoralpha.in/stocks/titagarh-rail-systems-ltd) TITAGARH · quiet · Evidence leans up · 96% evidence 54.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.5/35 · Revenue -10.2% · Profit 100% · Operating margin change 3 points · 88% evidence Capital efficiency 10.6/25 · ROCE 10.9% · Operating margin 12% · 100% evidence Valuation 10.0/20 · P/E 45.4× · PEG 1.7 · 100% evidence Relative strength 8.1/20 · Lead over its industry 0.5% · Lead over NIFTY 500 -13.2% · 1 year -26.1% · 100% evidence · 2 of 12 weeks ahead Exact sum: 25.5 + 10.6 + 10 + 8.1 = 54.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. Texmaco Rail & Engineering Ltd this page TEXRAIL · quiet · Evidence leans down · 89% evidence 49.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.8/35 · Revenue -14.3% · Profit -1.8% · Operating margin change 0 points · 88% evidence Capital efficiency 9.3/25 · ROCE 11.2% · Operating margin 8% · 100% evidence Valuation 14.9/20 · P/E 18.4× · PEG 0.81 · 65% evidence Relative strength 16.9/20 · Lead over its industry 5.9% · Lead over NIFTY 500 -8.7% · 1 year -28% · 100% evidence · 5 of 12 weeks ahead Exact sum: 8.8 + 9.3 + 14.9 + 16.9 = 49.9 · What this means: Relative strength against the index is -8.7%, and revenue and profit growth are weak. 6. [Indian Railway Finance Corporation Ltd](https://www.sectoralpha.in/stocks/indian-railway-finance-corporation-ltd) IRFC · quiet · Evidence leans down · 76% evidence 45.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.9/35 · Revenue 12.5% · Profit 7.8% · Operating margin change 0.2 points · 74% evidence Capital efficiency 8.0/25 · ROCE 5.6% · Operating margin 99.4% · 100% evidence Valuation 10.5/20 · P/E 13× · PEG 1.85 · 100% evidence Relative strength 8.3/20 · Lead over its industry n/a · Lead over NIFTY 500 -22.4% · 1 year -40.5% · 25% evidence · 0 of 12 weeks ahead Exact sum: 18.9 + 8 + 10.5 + 8.3 = 45.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Indian Railway Catering & Tourism Corporation Ltd](https://www.sectoralpha.in/stocks/indian-railway-catering-tourism-corporation-ltd) IRCTC · basing · Evidence leans down · 89% evidence 44.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.8/35 · Revenue 15% · Profit 4% · Operating margin change -6 points · 88% evidence Capital efficiency 19.7/25 · ROCE 46.1% · Operating margin 28% · 100% evidence Valuation 4.6/20 · P/E 25.3× · PEG 3.88 · 65% evidence Relative strength 9.4/20 · Lead over its industry -4.1% · Lead over NIFTY 500 -17.3% · 1 year -39.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 10.8 + 19.7 + 4.6 + 9.4 = 44.5 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 8. [Cosmic CRF Ltd](https://www.sectoralpha.in/stocks/cosmic-crf-ltd) quiet · Too little evidence to rank firmly · 50% evidence 39.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.1/35 · Revenue 100% · Profit 100% · Operating margin change 1 points · 27% evidence Capital efficiency 8.2/25 · ROCE 9.1% · Operating margin 11% · 71% evidence Valuation 9.3/20 · P/E 31.2× · PEG n/a · 15% evidence Relative strength 1.4/20 · Lead over its industry -4.4% · Lead over NIFTY 500 -17.6% · 1 year -23.1% · 100% evidence · 8 of 12 weeks ahead Exact sum: 20.1 + 8.2 + 9.3 + 1.4 = 39 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 9. [Jupiter Wagons Ltd](https://www.sectoralpha.in/stocks/jupiter-wagons-ltd) JWL · quiet · Most evidence points down · 63% evidence 30.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 5.9/35 · Revenue -11.7% · Profit -49.8% · Operating margin change -3 points · 83% evidence Capital efficiency 9.0/25 · ROCE 9.1% · Operating margin 10% · 76% evidence Valuation 7.8/20 · P/E 43.7× · PEG n/a · 50% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -28.8% · 1 year -43.5% · 25% evidence · 0 of 12 weeks ahead Exact sum: 5.9 + 9 + 7.8 + 7.5 = 30.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Railways](https://www.sectoralpha.in/sectors/railways), all 9 compared on one page. ## Which companies are close to Texmaco Rail in size? Texmaco Rail is the 7th largest of 9 Railways companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Rites, Titagarh Rail Systems, Jupiter Wagons and Railtel Corporation of India. Just below it: Cosmic CRF and Oriental Rail Infrastructure. ### Railways companies close in size 1. [Rites Ltd](https://www.sectoralpha.in/stocks/rites-ltd) ₹9,049 crore 2. [Titagarh Rail Systems Ltd](https://www.sectoralpha.in/stocks/titagarh-rail-systems-ltd) ₹8,810 crore 3. [Jupiter Wagons Ltd](https://www.sectoralpha.in/stocks/jupiter-wagons-ltd) ₹7,769 crore 4. [Railtel Corporation of India Ltd](https://www.sectoralpha.in/stocks/railtel-corporation-of-india-ltd) ₹7,138 crore 5. Texmaco Rail & Engineering Ltd ₹3,998 crore 6. [Cosmic CRF Ltd](https://www.sectoralpha.in/stocks/cosmic-crf-ltd) ₹819 crore 7. [Oriental Rail Infrastructure Ltd](https://www.sectoralpha.in/stocks/oriental-rail-infrastructure-ltd) ₹733 crore [All 9 Railways companies, largest first](https://www.sectoralpha.in/sectors/railways#all-companies) ### Companies close in size in other industries 1. [TCPL Packaging Ltd](https://www.sectoralpha.in/stocks/tcpl-packaging-ltd) ₹4,005 crore · Packaging - FMCG/Consumers 2. [Capillary Technologies India Ltd](https://www.sectoralpha.in/stocks/capillary-technologies-india-ltd) ₹4,000 crore · IT - Software 3. Texmaco Rail & Engineering Ltd ₹3,998 crore 4. [Gujarat Alkalies & Chemicals Ltd](https://www.sectoralpha.in/stocks/gujarat-alkalies-chemicals-ltd) ₹3,975 crore · Chemicals - Inorganic - Caustic Soda/Soda Ash 5. [Aarti Drugs Ltd](https://www.sectoralpha.in/stocks/aarti-drugs-ltd) ₹3,972 crore · Pharma - API ## What else do people ask about Texmaco Rail? ### What is Texmaco Rail's share price today? Texmaco Rail & Engineering Ltd's share price is ₹107.89, −17.8% over the past year. The whole company is worth ₹4,388 Cr on the market. In the last 52 weeks it traded between ₹84 to ₹140; today it is 43% of the way up from the low, 6.3% below its 200-day average (as of 4 November 2026). ### What were Texmaco Rail's latest quarterly results? Texmaco Rail & Engineering Ltd reported revenue of ₹757 Cr and net profit of ₹50.0 Cr for the Jun 2026 quarter. Revenue fell 16.9% and profit rose 72.4% compared with a year earlier. Earnings per share were ₹1.23 (as of 4 November 2026). ### What is Texmaco Rail's market cap? Texmaco Rail & Engineering Ltd's market capitalisation is ₹4,388 Cr at a share price of ₹107.89. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Texmaco Rail performing? Texmaco Rail & Engineering Ltd's share price has been falling for 92 weeks. In its latest quarter, revenue fell 16.9% and profit rose 72.4% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 4 November 2026). ### Will Texmaco Rail's share price go up? This page does not forecast Texmaco Rail & Engineering Ltd's share price. What it shows instead: the share price is ₹107.89, and it has been falling for 92 weeks. Its P/E of 20.2× is higher than 17% of its own last 10 years (as of 4 November 2026). ### Who owns Texmaco Rail? Promoters own 48.3% of Texmaco Rail & Engineering Ltd, foreign institutions 6.0%, domestic institutions 4.8% and the public 40.8% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 3.9 percentage points over 8 quarters (as of 4 November 2026). ### Does Texmaco Rail have too much debt? Texmaco Rail & Engineering Ltd has a moderate amount of debt: its debt is 0.38× its equity, and its operating profit is 3 times its interest bill. FY26 borrowings were ₹895 Cr against equity of ₹2,374 Cr. Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026). ### Where is Texmaco Rail in its business cycle? Texmaco Rail & Engineering Ltd's FY26 operating margin was 9.0%, against a 11-year range of 4.5% to 9.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 8.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Texmaco Rail story? The main question: foreign institutions moved −1.9 percentage points over 8 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Texmaco Rail a stock worth studying right now? What the numbers show: Texmaco Rail & Engineering Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the owners’ moves turn back in line with the business. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a Texmaco Rail share price forecast for 2026? What management itself guided: FY27 performance broadly in line with FY26 absent an Indian Railway order; approximately 50% of Bright Power backlog expected to execute this FY. This is research, not advice. We’re not SEBI-registered.