Titagarh Rail Systems Limited TITAGARH NIFTY_SMALLNSEINFRA
Titagarh Rail Systems Limited engages in the manufacture and sale of freight and passenger rail systems in India and internationally. The company offers forged wheel set, loco shells, couplers, draft gears, cast bogies, and cast manganese steel crossing products; automobile-carrying, flat, hopper, tank, box, covered, and special purpose wagons; and brake vans. It also provides passenger rolling stock products, including high speed electric loco, electric multiple unit train sets, metros, semi high-speed trains, light rail transport, diesel electric multiple units, body shells, and bogies; and propulsion and electrical equipment, such as traction converters and power electronics, propulsion systems, auxiliary power supply products, electronic equipment, traction motors, train control and monitoring systems, and hardware and software products. In addition, the company offers maintenance, assistance and global, repair, inspection and refurbishing, systems and electrical equipment upgrade, exteriors and interiors face-lift, and power upgrading services. Further, it engages in the shipbuilding business comprising coastal research vessels, naval vessels, passenger ships, tugs, and inland water transport vessels. Additionally, the company manufactures modular panel bridges, bailey bridges, unibridges, and matière X bridges; and defense products, such as shelters, specialized wagons, EMI/EMS containers, CBRNe equipment, mine ploughs, pressure vessels, and specialized canopies. The company was formerly known as Titagarh Wagons Limited and changed its name to Titagarh Rail Systems Limited in May 2023. Titagarh Rail Systems Limited was incorporated in 1997 and is based in Kolkata, India.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 38.2% over 5 years.
- Profit CAGR of 28087.5% over 5 years.
CONS
- Trading at a high P/E of 61.3.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TITAGARH Titagarh Rail Systems Limited NIFTY_SMALLNSEINFRA | 826.15 | 61.33 | ₹11,126.07 Cr | 0.12% | 16.29% | - | 38.18% | 28,087.54% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 4,076.50 | 34.84 | ₹5.61 L Cr | 0.93% | 14.55% | 16.95% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,804.60 | 30.96 | ₹4.16 L Cr | 0.42% | 11.02% | 15.59% | 22.93% | 34.11% |
| 4 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,303.80 | 31.55 | ₹2.88 L Cr | 1.16% | 13.80% | 23.98% | 7.87% | 16.08% |
| 5 | POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA | 38,445.00 | 172.41 | ₹1.71 L Cr | 0.02% | 24.92% | 21.04% | 22.24% | 119.12% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 4,405.00 | - | ₹1.70 L Cr | 0.24% | 15.53% | - | 44.12% | 72.60% |
| 7 | CUMMINSIND Cummins India Limited NSEINFRA | 5,881.00 | 68.97 | ₹1.63 L Cr | 1.12% | 34.95% | 29.45% | 16.07% | 24.35% |
| 8 | CGPOWER CG Power and Industrial Solutions Limited NSEINFRA | 917.45 | 118.99 | ₹1.44 L Cr | 0.14% | 19.35% | 19.56% | 21.67% | 7.81% |
| 9 | POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA | 9,477.50 | 53.48 | ₹1.43 L Cr | 0.37% | 30.44% | 24.58% | 26.57% | 28.11% |
Quarterly Results
Figures in INR.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|
| Revenue | - | 902.18 Cr | 942.90 Cr | 679.30 Cr | 799.03 Cr | 832.06 Cr |
| Cost of Revenue | - | 715.54 Cr | 1,068.41 Cr | 520.21 Cr | 627.94 Cr | 650.85 Cr |
| Gross Profit | - | 186.64 Cr | -125.51 Cr | 159.09 Cr | 171.09 Cr | 181.21 Cr |
| Operating Expenses | - | 92.92 Cr | -219.00 Cr | 95.91 Cr | 99.88 Cr | 101.70 Cr |
| Operating Income | - | 93.72 Cr | 93.49 Cr | 63.18 Cr | 71.21 Cr | 79.51 Cr |
| EBITDA | - | 109.62 Cr | 92.95 Cr | 63.80 Cr | 75.55 Cr | 82.94 Cr |
| Interest Expense | - | 21.10 Cr | 70.00 L | 17.84 Cr | 18.25 Cr | 17.79 Cr |
| Pretax Income | - | 88.52 Cr | 92.25 Cr | 45.96 Cr | 57.30 Cr | 65.15 Cr |
| Tax Provision | - | 26.16 Cr | 27.48 Cr | 14.47 Cr | 20.27 Cr | 16.91 Cr |
| Net Income | - | 62.77 Cr | 65.92 Cr | 30.86 Cr | 36.90 Cr | 48.03 Cr |
| Diluted EPS | 5.99 | 4.66 | - | 2.30 | 2.73 | 3.58 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Revenue | 1,442.07 Cr | 2,755.31 Cr | 3,805.31 Cr | 3,805.08 Cr |
| Cost of Revenue | 1,239.75 Cr | 2,458.69 Cr | 3,317.63 Cr | 3,331.45 Cr |
| Gross Profit | 202.31 Cr | 296.62 Cr | 487.68 Cr | 473.63 Cr |
| Operating Expenses | 21.48 Cr | 27.00 Cr | 60.98 Cr | 69.97 Cr |
| Operating Income | 180.83 Cr | 269.62 Cr | 426.70 Cr | 403.66 Cr |
| EBITDA | 187.21 Cr | 277.29 Cr | 471.14 Cr | 463.11 Cr |
| Interest Expense | 46.94 Cr | 64.68 Cr | 55.47 Cr | 51.79 Cr |
| Pretax Income | 106.99 Cr | 190.10 Cr | 388.57 Cr | 381.74 Cr |
| Tax Provision | 29.19 Cr | 55.46 Cr | 100.14 Cr | 106.68 Cr |
| Net Income | -32.84 L | 130.20 Cr | 286.14 Cr | 276.39 Cr |
| Diluted EPS | -0.03 | 10.89 | 22.46 | 20.39 |
Compounded Sales Growth
| 5 Years: | 38.18% |
| 1 Year: | -7.80% |
Compounded Profit Growth
| 5 Years: | 28,087.54% |
| 1 Year: | -23.20% |
Stock Price Performance
| 1 Year: | -9.23% |
| 6 Months: | -1.31% |
| 3 Months: | +12.57% |
| 1 Month: | +7.52% |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Total Assets | 2,678.91 Cr | 2,027.14 Cr | 3,216.41 Cr | 3,762.29 Cr |
| Current Assets | 1,501.67 Cr | 1,121.23 Cr | 1,986.81 Cr | 2,179.18 Cr |
| Cash & Equivalents | 8.96 Cr | 55.41 Cr | 328.98 Cr | 25.27 Cr |
| Inventory | 503.86 Cr | 461.37 Cr | 523.72 Cr | 523.33 Cr |
| Receivables | 232.57 Cr | 279.14 Cr | 532.52 Cr | 670.85 Cr |
| Total Liabilities | 1,836.64 Cr | 1,063.58 Cr | 998.08 Cr | 1,278.13 Cr |
| Current Liabilities | 1,266.51 Cr | 869.33 Cr | 730.05 Cr | 1,101.03 Cr |
| Long Term Debt | 495.58 Cr | 49.62 Cr | 37.36 Cr | 24.93 Cr |
| Total Debt | 919.79 Cr | 353.26 Cr | 165.72 Cr | 627.01 Cr |
| Total Equity | 842.13 Cr | 963.55 Cr | 2,218.33 Cr | 2,482.98 Cr |
| Shares Outstanding | 11.96 Cr | 11.96 Cr | 13.47 Cr | 13.47 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Operating Cash Flow | 54.59 Cr | 40.92 Cr | 85.78 Cr | -97.41 Cr |
| Investing Cash Flow | -69.48 Cr | -61.35 Cr | -536.86 Cr | -578.80 Cr |
| Financing Cash Flow | -52.71 Cr | 66.53 Cr | 724.38 Cr | 372.35 Cr |
| Capital Expenditure | -102.18 Cr | -36.74 Cr | -163.52 Cr | -236.02 Cr |
| Free Cash Flow | -47.59 Cr | 4.18 Cr | -77.74 Cr | -333.43 Cr |
| Net Change in Cash | -67.60 Cr | 46.09 Cr | 273.30 Cr | -303.86 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Gross Margin % | 14.0% | 10.8% | 12.8% | 12.4% |
| Operating Margin % | 12.5% | 9.8% | 11.2% | 10.6% |
| Net Margin % | -0.0% | 4.7% | 7.5% | 7.3% |
| ROE % | -0.0% | 13.5% | 12.9% | 11.1% |
| ROCE % | 12.8% | 23.3% | 17.2% | 15.2% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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