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Texmaco Infrastructure & Holdings Ltd (TEXINFRA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 505400 NSE: TEXINFRA Construction - Real Estate | Small Cap | Texmaco Infra.&Hold. Share Price

₹114.25 -1.60 (-1.38%)

As on 15-Sep'26 16:59

Texmaco Infrastructure & Holdings Ltd (TEXINFRA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 505400 NSE: TEXINFRA Construction - Real Estate | Small Cap | Texmaco Infra.&Hold. Share Price

₹114.25 -1.60 (-1.38%)

As on 15-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,476 Cr.
Current Price
₹114.3
52-Week Low / High
₹79 / 122
TTM EPS
₹0.7
TTM Sales
₹17 Cr.
Book Value per Share
₹83.8
P/E Ratio
162.85
Lower than its 5-year historical median
Industry PE
43.4
Price to Book (P/B)
1.38
Higher than its 5-year historical median
Price to Sales (P/S)
86.72
Lower than its 5-year historical median
EV/EBITDA
90.67
Lower than its 5-year historical median
Dividend Yield
0.13%
Profitability Efficiency
Return on Equity (ROE)
0.93%
Underperforms industry median
Return on Capital Employed (ROCE)
1.46%
Underperforms industry median
Return on Assets (ROA)
0.76%
Operating Profit Margin
-25.7%
Net Profit Margin
63.94%
Gross Profit Margin
96.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
25%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
66.55%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,055 Cr.
Equity
₹12.7 Cr.
Face Value
₹1
All Time Low / High
₹0.49 / 196.55

Texmaco Infrastructure & Holdings stock performance

Key Ratios
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Check Before You Invest

Valuation

Fair

Price Trend

Semi Strong
Q.1 Is Texmaco Infrastructure & Holdings Ltd a good quality company?
Texmaco Infrastructure & Holdings Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Texmaco Infrastructure & Holdings Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Texmaco Infrastructure & Holdings Ltd vs industry peers?
Texmaco Infrastructure & Holdings Ltd revenue CAGR is 3.43%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Texmaco Infrastructure & Holdings Ltd?
Promoters hold 66.55% of the Texmaco Infrastructure & Holdings Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Texmaco Infrastructure & Holdings Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 11.3% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Texmaco Infrastructure & Holdings Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 4.4%3%2.8%3.5%4.1%0.7%0.8%0.5%0.5%1.3%-
Value Creation
Index
-0.7-0.8-0.8-0.8-0.7-1.0-0.9-1.0-1.0-0.9-

Growth Parameters

Sales 14.612.412.713.89.413.510.49.39.211.511
Sales YoY Gr.--14.7%2.3%8.7%-31.8%42.8%-22.6%-10.6%-1.8%25%-
Adj EPS 10.60.50.60.4-00.30.3-0.70.80.6
YoY Gr.--40.8%-21.3%18.8%-36.8%-105.6%NA0%-339.3%NA-
BVPS (₹) 32.436.528.72428.952.750.4116.7104.283.883.9
Adj Net
Profit
13.17.86.17.34.5-0.33.63.5-8.6108
Cash Flow from Ops. -2.44.54.4-0.2-7.5-5.2-1.81.7176-1.5-
Debt/CF from Ops. -0.56.56-153-3.3-4.6-12.4140.1-13.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -2.7%3.9%3.2%25%
Adj EPS -3%16.7%40.7%NA
BVPS11.2%23.7%18.5%-19.6%
Share Price 11.1% 13.9% 15.7% 18.1%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
3.61.81.52.21.3-0.10.60.3-0.60.80.8
Op. Profit
Mgn %
44.336.318.114.6-7.1-48.2-9.5-21.4-73.2-37.1-49.9
Net Profit
Mgn %
89.962.547.752.948-2.134.437.7-93.587.272.8
Debt to
Equity
00.10.10.10.100000-
Working Cap
Days
1,6692,1832,3952,5093,7992,3172,6212,1412,0822,7204,225
Cash Conv.
Cycle
-02144015-10-94851,3541,648

Valuation of Texmaco Infra.&Hold. - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales24181919151917161617
Operating Expenses + 17141717152618182322
Manufacturing Costs2232232223
Material Costs0000051001
Employee Cost 1291111101011111212
Other Costs 4334384596
Operating Profit 6522-1-7-1-2-7-4
Operating Profit Margin (%) 27.0%25.5%12.8%10.4%-4.9%-38.3%-8.4%-13.6%-44.9%-25.7%
Other Income + 1110111117119101724
Exceptional Items 00000-900000
Interest 1223322232
Depreciation 3333333323
Profit Before Tax 14108810-9133615
Tax 223320-0-1134
Profit After Tax 137558-9134-711
PAT Margin (%) 53.0%40.9%26.4%25.3%51.0%-476.0%18.7%24.6%-43.8%63.9%
Adjusted EPS (₹)1.70.82.1-0.90.9-6.80.20.4-0.60.9
Dividend Payout Ratio (%)12.20%25.70%9.50%-23.20%23%-1.10%61.60%35.60%-26.50%17.50%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 6647206435606276676361,4831,3251,067
Share Capital 13131313131313131313
Reserves 6527076305486156546231,4701,3131,054
Debt +1262322222221232119
Long Term Debt1262320192221232119
Short Term Debt0002300000
Minority Interest1111111111
Trade Payables1112221111
Others Liabilities -2169611873243240
Total Liabilities 6647496745956577036671,5801,5921,328

Fixed Assets

Net Fixed Assets +69696872727374765560
Gross Block71727278798184866572
Accumulated Depreciation23568910101112
CWIP 1011131415151512129
Investments 5195935104124224824541,4011,4111,108
Inventories000000002561
Trade Receivables2223421000
Cash Equivalents 4241122233
Others Assets 60727792144129121898587
Total Assets 6647496745956577036671,5801,5921,328
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + -127-1-8-3-2318416
PBT 14108810-133514
Adjustment -7-5-5-6-11-1-4-5-10-18
Changes in Working Capital -4-06-1-60-0619119
Tax Paid -4-3-3-2-1-1-0-1-11
Cash Flow From Investing Activity + 5-264514106-1-177-10
Capex -4-3-2-15-1-0-1-5-40
Net Investments 4-18413-9-8-5-40-18319
Others 5-51-7182011391111
Cash Flow From Financing Activity -322-9-7-6-6-4-2-6-6
Net Proceeds from Shares + 0000000000
Net Proceeds from Borrowing 128-3-3-13-12-2-2
Interest Paid -1-2-2-3-3-2-2-2-3-2
Dividend Paid -2-3-3-3-3-3-1-2-2-2
Others -1-1-111-4-0000
Net Cash Flow 1-22-2-01-002-0
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)2.061.080.740.791.27-14.080.470.37-0.50.93
ROCE (%)2.471.681.481.642.09-13.190.720.470.621.46
Asset Turnover Ratio0.040.030.030.030.020.030.020.010.010.01
PAT to CFO Conversion(x)-0.080.291.4-0.2-1N/A-0.670.75N/A1.45
Working Capital Days
Receivable Days35.4045.8043.7053.5086.7050.3030.2012.801.504.80
Inventory Days1.502.202.702.902.501.301.502.40293.60901
Payable Days00000139.50746.2000580.30

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Texmaco Infrastructure & Holdings Ltd FAQs

The current trading price of Texmaco Infra.&Hold. on 15-Sep-2026 16:59 is ₹114.2.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 14-Sep-2026 the market cap of Texmaco Infra.&Hold. stood at ₹1,476.2 Cr

The latest P/E ratio of Texmaco Infra.&Hold. as of 14-Sep-2026 is 182.4.

The latest P/B ratio of Texmaco Infra.&Hold. as of 14-Sep-2026 is 1.38.

The 52-week high of Texmaco Infra.&Hold. is ₹122.2 and the 52-week low is ₹78.71.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Texmaco Infra.&Hold. is ₹11.20 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Texmaco Infrastructure & Holdings Ltd is a below average quality company.

The key valuation ratios of Texmaco Infrastructure & Holdings Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Texmaco Infrastructure & Holdings Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Texmaco Infrastructure & Holdings Ltd

Texmaco is a part of the Dr K K Birla Group and is a leading diversified Engineering Complex and an Infrastructure Company in India serving the nation from 1939. Texmaco Rail & Engineering Ltd.  (TEXMACO), with ISO 9001:2008 and ISO 14001:2004, 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 the Heavy Engineering and Steel Foundry Divisions of the parent company Texmaco Ltd (founded in 1939 by the renowned industrialist, Late Dr. K.K.Birla under a scheme sanctioned by the Hon'ble High Court, Kolkata).
 
Texmaco Rail is presently the flagship company of the Adventz Group, (headed by the Chairman Mr. Saroj Poddar), 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. 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 up to 250 T. Besides, the company is moving fast into manufacture of Double Deck Auto Rake, in collaboration with a 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 thrusts 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 up to 30000 Tonnes of quality Castings per year. It has a State-of-the-Art facility set up by the world-renowned M/s. Kunkel Wagner, Germany. The Foundry has earned the distinction of Quality Assurance Certificate (M-1003) from AAR (Association of American Railroads), making it the only Foundry in India qualified to export railway castings to the North American Market.  

The company has five factories in the outskirts of Kolkata.

  • Agarpara Works
  • Belgharia Works
  • Steel Foundry
  • Sodepur Works
  • Panihati Works

Divisions

Railway Freight Cars

  • Indian Railways
  • Special Freight Cars
  • Exports
  • New Generation Cars

Steel Foundry

  • AFS Ride Control Bogie
  • LIP Casting
  • Casnub HS Bogie
  • Draft Gear
  • Centre Buffer Coupler

Hydro-Mechanical Equipment & Steel Structures

  • Gates
  • Hoist
  • Trash Raking Machine
  • Penstock
  • Heavy Steel Structure

Process Equipment

  • Boilers
  • Storage Equipment
  • Heat & Mass Transfer Equipment
  • Sugar Mill Machinery

Agro Machinery

  • Power Tilter

A Joint Venture (JV) Company with United Group, Australia, one of Asia Pacific’s leading end to end rail technology solutions provider and infrastructure & industrial services company, has been incorporated, and the steps are being discussed to set up a modern facility to manufacture hi-tech wagon and locomotive bogie frames for Indian Railways, private industry and export.

The company expects to play a pivotal role in the Indian Railways’ new visionary moves involving an investment of Rs.75000 cr. over coming few years on Dedicated Freight Corridor linking Delhi, Mumbai, Chennai and Kolkata. The Railways have also come out with a Wagon Leasing Policy and Liberalized Wagon Investment Scheme (WIS) to attract investment in special purpose high capacity wagons.  The company is moving fast-forward in this direction through suitable tie-ups with leading multinationals.

Awards

It has also been crowned with the “IIF Foundry of the year 2009” by The Institute of Indian Foundrymen.

Texmaco bags a double at the Indian Foundry Congress- Casting of the year Award and Young Foundryman of the year award.

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