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.

Market Cap	6,007 Cr	ROE	0.9%
P/E Ratio(TTM)	87.6	EPS(TTM)	0.0
P/B Ratio	2.7	Dividend Yield	0.1%
Industry P/E	67.0	Book Value	57.1
		Face Value	1.0

Fundamentals