Texmaco Rail & Engineering Limited is an Indian company that specializes in the manufacturing of railway equipment and infrastructure. TEXMACO was formed in 2002 after demerger into it of the Heavy Engineering and Steel Foundry Divisions of the parent company Texmaco Limited, founded in 1939 by the renowned industrialist, Late Dr. K.K. Birla. TEXMACO is involved in the business of manufacturing of Rolling Stock, such as Wagons, Coaches, EMUs, Loco shells & parts, etc., Hydro Mechanical Equipments, Steel Castings, Rail EPC, Bridges and other steel structures. The company has a strong track record of supplying quality products and services to the Indian Railways and other domestic and international customers. In this article we will discuss Texmaco Rail Share Price Target for 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.
Table of Contents
Business Model of Texmaco Rail & Engineering Limited
Texmaco Rail & Engineering Limited have following Business Model –
- Railway Equipment Manufacturing:
- Locomotives: Texmaco manufactures locomotives for various purposes, including freight and passenger transport. These locomotives are designed to meet the specific requirements of the Indian Railways and other clients.
- Railway Wagons and Freight Cars: The company produces a wide range of railway wagons and freight cars used for transporting goods and commodities. These products cater to diverse cargo needs.
- Passenger Coaches: Texmaco manufactures passenger coaches designed for comfort, safety, and efficiency in passenger transportation.
- Railway Components: In addition to complete railway vehicles, the company also produces various components and parts required for the maintenance and repair of railway rolling stock.
- Railway Infrastructure:
- Track Construction and Maintenance: Texmaco is involved in the construction and maintenance of railway tracks, including laying new tracks, upgrading existing ones, and ensuring the safety and reliability of rail networks.
- Electrification: The company engages in electrifying railway tracks to enhance energy efficiency and reduce environmental impact.
- Signaling Systems: Texmaco provides signaling and telecommunication systems to improve railway safety and efficiency.
- International Expansion:
- Texmaco has expanded its footprint beyond India by exporting railway equipment and technology to various international markets. This includes joint ventures and collaborations with foreign partners to tap into global opportunities.
- Research and Development:
- To stay competitive and innovative, Texmaco invests in research and development (R&D) activities to develop advanced railway technologies and products.
Sales per Business Specification
| Specifications (in INR Million) | 2022 | Weightage | 2023 | Weightage | Growth |
|---|---|---|---|---|---|
| Heavy Engineering | 6,884 | 42.4 % | 12,834 | 57.2 % | +86.45% |
| Rail EPC | 7,582 | 46.8 % | 7,352 | 32.8 % | -3.03% |
| Steel Foundry | 1,752 | 10.8 % | 2,246 | 10.0 % | +28.21% |
Shareholding of Texmaco Rail & Engineering Ltd (TEXRAIL)
As of June 2023, Shareholding of Texmaco Rail
- Promotors- 58.7%.
- Public- 32.44%.
- Mutual Funds- 6.45%.
- FI – 2.15%.
- Others- 0.3%.
Texmaco Rail & Engineering Ltd (TEXRAIL) Share
Texmaco Rail is listed on the National Stock Exchange and the Bombay Stock Exchange and has a large number of shareholders. Promotors holds the majority stake in the company.
As of 08 September, 2023, Texmaco Rail share price on the NSE was INR 153.45/-, Texmaco Rail Share 52 week high at Rs. 163.05/- & 52 week low Rs. 40.60/-, P/E of Texmaco Rail is 83.24
| Company Name | Texmaco Rail & Engineering Limited |
| Share Name | TEXRAIL |
| Sector | Railway Freight wagons |
| Headquater | Kolkata |
| Foundation | 1998 |
| Key Person | Saroj Kumar Poddar (Chairman) |
| Market Cap | 4969.67 Crores Rs. |
| Revenue | 2,037.57 Crore Rs |
| Official Website | Click Here |
Texmaco Rail Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 165 | 194 |
| 2024 | 199 | 240 |
| 2025 | 245 | 289 |
| 2026 | 294 | 350 |
| 2027 | 360 | 412 |
| 2028 | 420 | 485 |
| 2029 | 490 | 566 |
| 2030 | 575 | 655 |
| 2040 | 1140 | 1250 |
| 2050 | 2560 | 2690 |
Note:- “That these share price targets for “Texmaco Rail Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
Annual Result Summary of Texmaco Rail (TEXRAIL)
Annual result summary of Texmaco Rail & Engineering Limited :
- Revenue: The company’s revenue for the financial year 2022-23 was ₹2,469.59 crore, up 27.7% from the previous year.
- Profit: The company’s profit for the financial year 2022-23 was ₹127.43 crore, up 112.1% from the previous year.
- Order book: The company’s order book as of March 31, 2023 was ₹6,745.39 crore, which is sufficient for the next 2.5 years.
- Exports: The company’s exports for the financial year 2022-23 were ₹352.41 crore, up 13.7% from the previous year.
- Capacity utilization: The company’s capacity utilization for the financial year 2022-23 was 80%.
- Investments: The company has invested ₹150 crore in new projects in the financial year 2022-23.
- Dividend: The company has recommended a dividend of ₹1.50 per share for the financial year 2022-23.
Last 5 Year History of Texmaco Rail Share
In Last 5 year Texmaco Rail Share give 124.50% returns to its Investors.
| Year | Share Price |
| Sep 2019 | 41.90 |
| Sep 2020 | 24.52 |
| Sep 2021 | 30.01 |
| Sep 2022 | 49.40 |
| Sep 2023 | 15375 |
Texmaco Rail (TEXRAIL) Share Price Target 2023
The share price of Texmaco Rail & Engineering Limited (TEXMACO) has experienced significant growth in the recent past. Over the past year, the stock price has witnessed a remarkable surge, soaring from approximately ₹60 per share to ₹150 per share as of today, representing a more than twofold increase.
Texmaco Rail (TEXRAIL) share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹165 | ₹194 |
Texmaco Rail (TEXRAIL) Share Price Target 2024
The company has demonstrated strong financial performance in recent years, with consistent growth in both revenue and profit. In the fiscal year 2022-23, the company’s revenue increased by 27.7%, while its profit surged by an impressive 112.1%.
Texmaco Rail (TEXRAIL) share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹199 | ₹240 |
Texmaco Rail (TEXRAIL) Share Price Target 2025
As of March 31, 2023, the company’s order book stood at ₹6,745.39 crore, ensuring a steady stream of projects for the next 2.5 years. This substantial order book offers clear visibility into the company’s prospective revenue and earnings.
Texmaco Rail (TEXRAIL) share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹245 | ₹289 |
Texmaco Rail (TEXRAIL) Share Price Target 2026
The company is actively channeling investments into fresh initiatives. This includes the establishment of new manufacturing facilities and the adoption of cutting-edge technologies. These strategic investments are poised to propel the company’s business expansion in the forthcoming years.
Texmaco Rail (TEXRAIL) share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹294 | ₹350 |
Texmaco Rail (TEXRAIL) Share Price Target 2027
The upward trajectory of TEXMACO’s stock price mirrors the company’s robust financial performance, solid order backlog, ongoing investments in new ventures, and a positive business outlook.
Texmaco Rail (TEXRAIL) share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹360 | ₹412 |
Texmaco Rail (TEXRAIL) Share Price Target 2028
From Last One Year CAGR of TEXRAIL share growth is 194.03%, Which indicates recent high growth of Share. Texmaco Rail (TEXRAIL) share price target 2028 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2028 | ₹420 | ₹485 |
Texmaco Rail (TEXRAIL) Share Price Target 2029
Last Five Year CAGR of TEXRAIL share growth is 17.41%, this share will continue to grow 8-9% yearly. Texmaco Rail (TEXRAIL) share price target 2029 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2029 | ₹490 | ₹566 |
Texmaco Rail (TEXRAIL) Share Price Target 2030
The government’s policies towards the infrastructure sector will also have an impact on the growth of TEXMACO’s share price. If the government continues to invest in infrastructure, it will create opportunities for companies like TEXMACO. Texmaco Rail (TEXRAIL) share price target 2030 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹575 | ₹655 |
Recent News of Texmaco Rail & Engineering Limited (TEXRAIL)
- Texmaco Rail & Engineering Limited (TEXMACO) share price surges 13% on rising government capex: The share price of Texmaco Rail & Engineering Limited (TEXMACO) surged 13% on Monday, August 29, 2023, to ₹150.25 per share, on the back of rising government capex in the infrastructure sector. The company is a leading player in the Indian engineering and infrastructure sector, and is well-positioned to benefit from the government’s investment plans.
- Texmaco Rail & Engineering Limited (TEXMACO) wins tender worth Rs.253 crores: Texmaco Rail & Engineering Limited (TEXMACO) has won a tender worth Rs.253 crores from the Indian Railways for the supply of wagons. The company will supply 100 wagons to the Railways under the tender. The order is a significant win for TEXMACO, and will boost its order book.
- Texmaco Rail & Engineering Limited (TEXMACO) working on improving efficiency & productivity: Texmaco Rail & Engineering Limited (TEXMACO) is working on improving its efficiency and productivity. The company is implementing a number of initiatives, such as lean manufacturing and automation, to improve its operations. The company is also investing in new technologies to improve its products and services.
- Texmaco Rail & Engineering Limited (TEXMACO) to invest ₹150 crore in new projects: Texmaco Rail & Engineering Limited (TEXMACO) is planning to invest ₹150 crore in new projects in the next two years. The company is planning to invest in new manufacturing facilities and in new technologies. The investments will help the company to grow its business and its market share.
FAQs
For Year 2023, As per our analysis stock price of Texmaco Rail is Rs.160-190.
No, Texmaco is a Private Company, Texmaco Rail & Engineering Limited is presently the flagship company of the Adventz Group, headed by the Chairman Mr. Saroj Kumar Poddar, comprising renowned companies, such as, Zuari Agro Chemicals Limited, Zuari Infraworld India Limited and Hettich India Pvt Limited.
No, as per financial of 2022-23 company have total debt of Rs.297.8 Millions, its same as previous year.
The future of Texrail is promising. The project is currently under construction and is expected to be completed in 2025. Once completed, Texrail will be a 27-kilometer (17-mile) high-speed commuter rail line connecting Fort Worth and Dallas. The line will have 11 stations and will be able to carry up to 20,000 passengers per hour.
Texrail is expected to have a significant impact on the region’s economy and environment. The project is expected to create 15,000 jobs during construction and 1,000 permanent jobs once it is operational. Texrail is also expected to reduce traffic congestion and air pollution in the region.
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