Texmaco Rail & Engineering Limited (TEXRAIL.BO)
Texmaco Rail & Engineering Limited operates in the Railroads industry of the Industrials sector, headquartered in Kolkata, WB, IN. The stock last traded at $105.25, down 1.68% on the session, giving a market capitalisation of $42.81B. Its beta of 0.66 implies it has historically moved less than the broad market.
Texmaco Rail & Engineering Limited, established in Kolkata, India, in 1998, functions as a prominent engineering and infrastructure firm with operations spanning both domestic and international markets. Its business activities are organized into three primary divisions: Heavy Engineering, Steel Foundry, and Rail EPC (Engineering, Procurement, and Construction). The Heavy Engineering segment is responsible for manufacturing a broad spectrum of railway rolling stock. This includes specialized freight wagons crafted from stainless or high-tensile steel, bespoke wagons for specific commodities, bottom discharge coal hoppers, container flats, tank wagons, and rolling stock for defense and automobile transport, as well as high-capacity parcel and brake vans. Beyond rolling stock, this division also fabricates critical locomotive components such as bogies, front ends, fuel tanks, bolster assemblies, APU base frames, snow plows, brake levers, retention tanks, and floor/ballast assemblies. Additionally, it constructs bridges and various steel structures. Texmaco’s Steel Foundry division serves both national and global clients. Within India, it supplies industrial castings essential for earth-moving machinery, hydroelectric power projects, defense sector applications, and steel production facilities. For international markets, it exports specialized railway components like axle bogies, wear-resistant shroud and pointer castings, center plates, AAR yokes and couplers, followers, knuckles, car cushion yokes ends, articulated couplers, and Mark 390 locomotive yokes. The Rail EPC division specializes in delivering comprehensive railway and metro infrastructure projects. Its services involve the construction of railway tracks, implementing metro signaling and telecommunication systems, establishing overhead and general electrification, and executing various civil engineering tasks for railway buildings, platforms, and foot over bridges. This segment also manages metro track installation, automatic fare collection systems, power supply infrastructure, rail connectivity solutions, and feeder separation projects. Furthermore, the company is a key supplier of hydromechanical equipment and water management systems. Its offerings in this category encompass diverse types of gates (including bifurcation, trifurcation, transition, expansion, stoplogs, and bulkhead gates), alongside their integral hydraulic systems, rope drums, hoists (screw and traveling), and heavy lifting apparatus such as goliath and EOT cranes. Texmaco also provides knife edge gates, trashracks, trash rack cleaning machines, and undertakes the refurbishment, replacement, overhauling, and automation of hydromechanical equipment for existing hydro projects and barrages.
Texmaco Rail & Engineering Limited is most often compared with the following Industrials names: