Texmaco Rail & Engineering Ltd.
Snapshot View

43.90 -0.20 ▼-0.5%

20 May 2022, 04:01:00 PM
Volume: 321,005

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Railways Wagons Compare with Industry peers
Website http://www.texmaco.in
Market Cap 1,413.01 Cr.
Enterprise Value(EV) 2,062.31 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 0.64 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 68.93 Trailing Twelve Months Ending 2022-03
Industry PE 44.21 Trailing Twelve Months Ending 2022-03
Book Value / Share 41.34 Trailing Twelve Months Ending 2022-03
Price to Book Value 1.06 Calculated using Price: 43.90
Dividend Yield 0.23 Period Ending 2021-03
No. of Shares Subscribed 32.19 Cr. 321,869,895 Shares
FaceValue 1
Company Profile

Texmaco Rail & Engineering is a premier multi-discipline, multi-unit engineering and Infrastructure company, with 5 manufacturing units extending over 170 acres in the outskirts of Kolkata. The company was formed after demerger into it of the Heavy Engineering and Steel Foundry Divisions of the parent company Texmaco, (founded in 1939 by the renowned industrialist, Late Dr. K.K.Birla). It is presently the flagship company of the Adventz Group, comprising renowned blue chip companies, such as, Zuari Agro,  Paradip Phosphate etc.. The group was launched with the idea of one virtual company with many real businesses, and is based on four fundamental principles - Collaboration, Sustainability, Inclusiveness and being Global.

The company manufactures a diverse range of products viz. Railway Freight Cars, Hydro-mechanical Equipment & Industrial Structurals, Steel Castings, and Pressure Vessels, etc. Over the years, it entered into technical collaboration with renowned Multinationals of Japan, U.S.A, U.K, Germany, Australia, Austria, Holland, etc. for developing and expanding its product portfolio.

Texmaco is the leading and most reliable freight car maker over the past 7 (seven) decades. Its most recent creditable performance was in the months of August to November 2012, when the production averaged nearly 500 wagons a month.  In fact, one out of every four Freight Cars on Indian Railways network is rolled out from TEXMACO Works. Its Freight Cars serve a host of core industries like Cement, Steel, Defence, Fertilizer, Oil, Alumina, Thermal Power Projects, Chemical Plants, etc. These include Custom-built Special Purpose Freight Cars for movement of large oversized consignments of individual weights upto 250 T. Besides, the company is moving fast into manufacture of Double Deck Auto Rake, in collaboration with an European Company. Further, the company has submitted final design & drawings to RDSO for Double Stack Container Rakes, to meet the emerging demand with the operation of Dedicated Freight Corridors.

Besides domestic market, TEXMACO has made significant thrust in overseas markets. Several Awards bear testimony to its successful achievements in National and International Projects financed by World Bank, ADB and other Multi-lateral Funding Agencies.

The Steel Foundry of the company is the largest in the country with a capacity upto 30000 Tonnes of quality Castings per year. It has a State-of-the-Art facility set up by the world renowned Kunkel Wagner, Germany. Recently, it has also been crowned with the “IIF Foundry of the year 2009” by The Institute of Indian Foundrymen.

Business area of the company:

The company operates in two business segments: heavy engineering division and steel foundry division. It manufactures a diverse range of products, such as railway freight cars, and hydro-mechanical equipment. The company's product range also extends to pressure vessels, road repairing and agricultural machinery. the company's products include rolling stock, steel foundry, hydro mechanical equipment and steel structures, process equipment and agro machinery.

Products:

  • Rolling Stock
  • Steel foundry
  • Hydro mechanical Equipment & Steel Structures:
    - Barrage Gates
    - Expansion Joints
    - Gantry Crane
    - Radially Travelling Hoists
    - Goliath Cranes
    - Trash Rack Cleaning Machines
    - Flyover Structures
    - Triangulated Bridge Girder
    - Ship Hull Block
  • Process Equipment:

           - Steam Boilers, Chemical Plant Machinery, Sugar Machinery

  • Traction & Coaching
    -  EMU
    - Coach Bogies
    - Loco Shells
  • Bridges & Structural
    ? Rail EPC

Subsidiaries:

  • Kalindee Rail Nirman (A division of Texmaco Rail & Engineering)
  • Bright Power Projects.
  • Texmaco Hi-tech.


Awards & Accreditations:

• Texmaco bags a double at the Indian Foundry Congress.

• 'IIF Foundry Of The Year' Award for 2009.

• AAR Foundry Approval M-201 & M-210 Technical Inspections.

• Export House Certificate.

• Association of American Railroads.

• ISO 9001-2008 - HED.

• ISO 9001-2008 - Steel Foundry.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.45%
1 Week
-6.30%
1 Month
-16.78%
3 Month
+18.33%
6 Month
+46.09%
1 Year
+59.06%
2 Year
+123.87%
5 Year
-48.73%
10 Year
-8.35%
6 years 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 2.00 2.76 1.31 6.67 -6.46 0.34
Return on Capital Employed (%) 5.44 6.85 5.70 9.45 -0.31 5.73
Return on Assets (%) 0.99 1.39 0.64 2.99 -2.54 0.13

Balance Sheet View Details

Particulars 7 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 976 1,005 1,071 1,139 1,027 1,141 1,331
Non Curr. Liab. 11 3 2 220 157 82 119
Curr. Liab. 955 915 1,139 1,291 1,620 1,338 1,148
Minority Int. 17 20 0 0 -2 -2
Equity & Liab. 1,958 1,942 2,212 2,650 2,804 2,560 2,595
Non Curr. Assets 421 444 463 492 537 529 496
Curr. Assets 1,538 1,499 1,749 2,158 2,268 2,031 2,099
Misc. Exp. not W/O 0
Total Assets 1,958 1,942 2,212 2,650 2,804 2,560 2,595

Profit Loss View Details

Particulars 7 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 1,102 1,324 1,135 1,858 1,832 1,689 1,622
Other Income 44 46 48 31 51 117 22
Total Income 1,147 1,369 1,183 1,889 1,883 1,805 1,644
Total Expenditure -1,053 -1,250 -1,071 -1,704 -1,702 -1,662 -1,482
PBIDT 94 120 111 185 181 144 163
Interest -50 -58 -61 -70 -97 -103 -100
Depreciation -17 -22 -25 -29 -36 -37 -36
Taxation -8 -12 -12 -13 33 0 -14
Exceptional Items -150
PAT 19 27 13 73 -69 4 12
Minority Interest -1 -3 0 0 2 0
Share Associate 0 2 -1 3 4 8 8
Other Related Items
Consolidated Net Profit 19 26 13 75 -65 14 21
Adjusted EPS 1 1 1 3 -3 1 1

Cash Flow View Details

Particulars 6 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. -84 -34 -175 5 10 40
Cash Fr. Inv. 59 40 161 37 -99 -23
Cash Fr. Finan. 18 -15 18 -47 96 -13
Net Change -8 -9 4 -6 8 4
Cash & Cash Eqvt 22 13 16 11 17 23

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 51.52 51.56 51.56 51.62 56.55 56.55 56.55 58.33 58.35
Public 48.48 48.44 48.44 48.38 43.45 43.45 43.45 41.67 41.65
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.64 0.64 0.64 0.64 0.52 0.52 0.52 0.39 0.39

Announcements View Details

Fri, 20 May 2022
Statement Of Deviation Or Variation For Proceeds Of Rights Issue
Statement of Deviation or Variation for Proceeds of Rights Issue
Fri, 20 May 2022
Corporate Action-Board approves Dividend
Corporate Action - Board approves Dividend
Fri, 20 May 2022
Audited Financial Results (Standalone & Consolidated) For The Quarter And Year Ended 31St March 2022
Audited Financial Results (Standalone & Consolidated) for the quarter and year ended 31st March 2022

Technical Scans View Details

Fri, 20 May 2022
High Decrease 1 Month High Decrease 1 Month
High Increase 3 Months High Increase 3 Months
High Increase 6 Months High Increase 6 Months
High Increase 1 Year High Increase 1 Year
High Increase 2 Years High Increase 2 Years

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