Titagarh Rail Systems Limited TITAGARH NIFTY_SMALLNSEINFRA
Company Overview
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. Titagarh Rail Systems Limited has a strategic collaboration with TuTr Hyperloop Private Limited to develop hyperloop technology enabled freight transportation solutions. 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.
Why Investors Should Care
Carries low leverage with a debt-to-equity ratio of 0.25.
Recent Developments
- Mar 2026 Revenue of ₹3,185.82 Cr (-17.6% YoY); net profit ₹122.98 Cr.
- Trailing 12 Months Year-on-year growth — revenue -17.6%, earnings +39.6%.
- 5-Year Trend Long-term compounding — revenue CAGR 5.0%, profit CAGR -1.9%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 4.96% |
| 1 Year: | -17.63% |
Compounded Profit Growth
| 5 Years: | -1.88% |
| 1 Year: | 39.62% |
Stock Price Performance
| 1 Year: | +9.19% |
| 6 Months: | +28.16% |
| 3 Months: | +3.03% |
| 1 Month: | +1.18% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)59.70 · Neutral
P/E of 135.80 is above the sector median of 28.90 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
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 Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 135.8.
- Earnings shrank at -1.9% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
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 | 871.85 | 135.80 | ₹11,741.53 Cr | 0.12% | 9.29% | 5.01% | 4.96% | -1.88% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 3,964.10 | 33.92 | ₹5.45 L Cr | 0.94% | 14.55% | 14.72% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,707.30 | 29.32 | ₹3.93 L Cr | 0.44% | 10.97% | 13.32% | 22.93% | 34.11% |
| 4 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,856.00 | 35.63 | ₹3.25 L Cr | 0.41% | 13.80% | 22.21% | 7.87% | 16.08% |
| 5 | BEL Bharat Electronics Limited NIFTY50NSEAIDEFENCEINFRAPSU | 405.35 | 48.90 | ₹2.96 L Cr | 0.63% | 31.88% | 25.27% | 15.47% | 26.64% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 4,977.00 | -80.43 | ₹1.92 L Cr | 0.24% | 4.02% | -34.31% | 15.55% | -227.40% |
| 7 | ABB ABB India Limited NSEAIINFRA | 7,410.00 | 94.12 | ₹1.57 L Cr | 0.51% | 28.45% | 21.29% | 15.41% | 17.97% |
| 8 | BHEL Bharat Heavy Electricals Limited NIFTY_MIDNSEAIINFRAPSU | 431.10 | 93.72 | ₹1.50 L Cr | 0.34% | 6.60% | 6.12% | 13.49% | 35.91% |
| 9 | SIEMENS Siemens Limited NSEAIINFRA | 3,977.00 | 51.47 | ₹1.42 L Cr | 0.46% | 16.46% | 19.90% | 3.04% | 10.90% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 974.00 Cr | 911.00 Cr | 935.00 Cr | 955.00 Cr | 1,052.00 Cr | 903.00 Cr | 1,057.00 Cr | - | 1,005.57 Cr | 679.30 Cr | 799.03 Cr | 832.06 Cr | 875.43 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 782.28 Cr | 520.21 Cr | 627.94 Cr | 650.85 Cr | 683.41 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 223.29 Cr | 159.09 Cr | 171.09 Cr | 181.21 Cr | 192.02 Cr |
| Operating Expenses | 882.00 Cr | 805.00 Cr | 821.00 Cr | 844.00 Cr | 935.00 Cr | 806.00 Cr | 932.00 Cr | - | 130.00 Cr | 95.91 Cr | 99.88 Cr | 101.70 Cr | 108.99 Cr |
| Operating Income | 86.00 Cr | 99.00 Cr | 108.00 Cr | 104.00 Cr | 111.00 Cr | 90.00 Cr | 117.00 Cr | - | 93.29 Cr | 63.18 Cr | 71.21 Cr | 79.51 Cr | 83.03 Cr |
| EBITDA | 92.00 Cr | 106.00 Cr | 115.00 Cr | 111.00 Cr | 118.00 Cr | 97.00 Cr | 125.00 Cr | - | -117.79 Cr | 63.80 Cr | 75.55 Cr | 82.94 Cr | 89.61 Cr |
| Interest Expense | 22.00 Cr | 19.00 Cr | 20.00 Cr | 18.00 Cr | 16.00 Cr | 13.00 Cr | 17.00 Cr | - | 22.06 Cr | 17.84 Cr | 18.25 Cr | 17.79 Cr | 16.88 Cr |
| Pretax Income | 70.00 Cr | 84.00 Cr | 95.00 Cr | 100.00 Cr | 108.00 Cr | 90.00 Cr | 111.00 Cr | - | -139.85 Cr | 45.96 Cr | 57.30 Cr | 65.15 Cr | 72.73 Cr |
| Tax Provision | 21.70 Cr | 22.68 Cr | 23.75 Cr | 25.00 Cr | 29.16 Cr | 23.40 Cr | 29.97 Cr | - | -16.31 Cr | 14.47 Cr | 20.27 Cr | 16.91 Cr | 21.17 Cr |
| Net Income | 48.00 Cr | 62.00 Cr | 71.00 Cr | 75.00 Cr | 79.00 Cr | 67.00 Cr | 81.00 Cr | - | -122.39 Cr | 30.86 Cr | 36.90 Cr | 48.03 Cr | 53.96 Cr |
| Diluted EPS | 4.03 | 5.17 | 5.55 | 5.56 | 5.86 | 4.98 | 5.99 | - | -9.20 | 2.30 | 2.73 | 3.58 | 3.97 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 761.00 Cr | 959.00 Cr | 1,714.00 Cr | 1,268.00 Cr | 1,559.00 Cr | 1,766.00 Cr | 1,521.00 Cr | - | 2,755.31 Cr | 3,805.31 Cr | 3,867.75 Cr | 3,185.82 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 2,458.69 Cr | 3,317.63 Cr | 3,045.32 Cr | 2,482.41 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 296.62 Cr | 487.68 Cr | 822.43 Cr | 703.41 Cr |
| Operating Expenses | 721.00 Cr | 929.00 Cr | 1,605.00 Cr | 1,365.00 Cr | 1,550.00 Cr | 1,645.00 Cr | 1,440.00 Cr | - | 27.00 Cr | 60.98 Cr | 418.97 Cr | 406.48 Cr |
| Operating Income | 14.00 Cr | -16.00 Cr | 56.00 Cr | -148.00 Cr | -15.00 Cr | 92.00 Cr | 51.00 Cr | - | 269.62 Cr | 426.70 Cr | 403.46 Cr | 296.93 Cr |
| EBITDA | 40.00 Cr | 30.00 Cr | 108.00 Cr | -97.00 Cr | 9.00 Cr | 121.00 Cr | 81.00 Cr | - | 277.29 Cr | 471.14 Cr | 252.37 Cr | 314.51 Cr |
| Interest Expense | 18.00 Cr | 17.00 Cr | 31.00 Cr | 44.00 Cr | 65.00 Cr | 88.00 Cr | 81.00 Cr | - | 64.68 Cr | 55.47 Cr | 73.15 Cr | 70.77 Cr |
| Pretax Income | -4.00 Cr | -13.00 Cr | 50.00 Cr | -167.00 Cr | -56.00 Cr | -57.00 Cr | -6.00 Cr | - | 190.10 Cr | 388.57 Cr | 149.64 Cr | 192.67 Cr |
| Tax Provision | -7.08 Cr | -6.76 Cr | 22.50 Cr | 20.04 Cr | 33.04 Cr | 20.52 Cr | -14.22 Cr | - | 55.46 Cr | 100.14 Cr | 62.89 Cr | 71.12 Cr |
| Net Income | -10.00 Cr | -20.00 Cr | 27.00 Cr | -147.00 Cr | -23.00 Cr | -36.00 Cr | -19.00 Cr | - | 130.20 Cr | 286.14 Cr | 88.08 Cr | 122.98 Cr |
| Diluted EPS | -0.33 | -1.69 | 2.33 | -12.43 | -2.47 | -2.96 | -1.26 | -0.03 | 10.89 | 22.46 | 6.42 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 1,060.00 Cr | 2,678.00 Cr | 2,695.00 Cr | 2,689.00 Cr | 2,687.00 Cr | 2,272.00 Cr | 2,462.00 Cr | - | 2,027.14 Cr | 3,216.41 Cr | 3,762.29 Cr | 4,039.15 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 1,121.23 Cr | 1,986.81 Cr | 2,179.18 Cr | 2,183.87 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 55.41 Cr | 328.98 Cr | 25.27 Cr | 161.86 Cr |
| Inventory | - | - | - | - | - | - | - | - | 461.37 Cr | 523.72 Cr | 523.33 Cr | 588.16 Cr |
| Receivables | - | - | - | - | - | - | - | - | 279.14 Cr | 532.52 Cr | 670.85 Cr | 629.75 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 1,063.58 Cr | 998.08 Cr | 1,278.13 Cr | 1,582.37 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 869.33 Cr | 730.05 Cr | 1,101.03 Cr | 1,204.53 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 49.62 Cr | 37.36 Cr | 24.93 Cr | 169.95 Cr |
| Total Debt | 125.00 Cr | 233.00 Cr | 372.00 Cr | 624.00 Cr | 896.00 Cr | 730.00 Cr | 847.00 Cr | - | 353.26 Cr | 165.72 Cr | 627.01 Cr | 623.12 Cr |
| Total Equity | 689.00 Cr | 953.00 Cr | 967.00 Cr | 855.00 Cr | 816.00 Cr | 766.00 Cr | 841.00 Cr | - | 963.55 Cr | 2,218.33 Cr | 2,482.98 Cr | 2,455.76 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 11.96 Cr | 13.47 Cr | 13.47 Cr | 13.47 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 102.00 Cr | -154.00 Cr | -177.00 Cr | -121.00 Cr | -124.00 Cr | 154.00 Cr | 68.00 Cr | - | 40.92 Cr | 85.78 Cr | -97.40 Cr | 322.43 Cr |
| Investing Cash Flow | -25.00 Cr | -50.00 Cr | 44.00 Cr | -45.00 Cr | -49.00 Cr | 4.00 Cr | -60.00 Cr | - | -61.35 Cr | -536.86 Cr | -578.81 Cr | -133.44 Cr |
| Financing Cash Flow | -69.00 Cr | 216.00 Cr | 111.00 Cr | 191.00 Cr | 214.00 Cr | -227.00 Cr | 43.00 Cr | - | 66.53 Cr | 724.38 Cr | 372.35 Cr | -51.68 Cr |
| Capital Expenditure | -41.00 Cr | -22.00 Cr | -22.00 Cr | -29.00 Cr | -64.00 Cr | -25.00 Cr | -59.00 Cr | - | -36.74 Cr | -163.52 Cr | -236.02 Cr | -368.87 Cr |
| Free Cash Flow | 61.00 Cr | -176.00 Cr | -199.00 Cr | -150.00 Cr | -188.00 Cr | 129.00 Cr | 9.00 Cr | - | 4.18 Cr | -77.74 Cr | -333.42 Cr | -46.44 Cr |
| Net Change in Cash | 8.00 Cr | 11.00 Cr | -22.00 Cr | 25.00 Cr | 40.00 Cr | -70.00 Cr | 51.00 Cr | - | 46.09 Cr | 273.30 Cr | -303.86 Cr | 137.31 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 10.8% | 12.8% | 21.3% | 22.1% |
| Operating Margin % | 1.8% | -1.7% | 3.3% | -11.7% | -1.0% | 5.2% | 3.4% | - | 9.8% | 11.2% | 10.4% | 9.3% |
| Net Margin % | -1.3% | -2.1% | 1.6% | -11.6% | -1.5% | -2.0% | -1.2% | - | 4.7% | 7.5% | 2.3% | 3.9% |
| ROE % | -1.5% | -2.1% | 2.8% | -17.2% | -2.8% | -4.7% | -2.3% | - | 13.5% | 12.9% | 3.5% | 5.0% |
| ROCE % | - | - | - | - | - | - | - | - | 23.3% | 17.2% | 15.2% | 10.5% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for TITAGARH
Titagarh Rail Systems confirms no new encumbrance on promoter shares in FY26 - scanx.trade
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Earnings call transcript: Titagarh Rail Systems beats revenue in Q1 2026 as stock falls - Investing.com
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Titagarh Rail Q1 Results: Wagon-Maker Swings To Profit; Revenue Jumps 13% - NDTV Profit
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Titagarh Rail Systems shares gain 3% after Indian Railways' approval for traction motor supply - The Economic Times
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Titagarh Railsystems Share Price Today: Key Market Move - Univest
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Titagarh Rail Systems Stock And 2 India Industrial Picks For Lower Energy Costs - simplywall.st
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TITAGARH — Frequently Asked Questions
What is the current share price of Titagarh Rail Systems Limited (TITAGARH)?
As of 2026-09-08 04:53 IST, Titagarh Rail Systems Limited (TITAGARH) trades at ₹871.85 on NSE. Its 52-week range is ₹574.85 to ₹955.35.
What is the market capitalisation of TITAGARH?
Titagarh Rail Systems Limited (TITAGARH) has a market capitalisation of ₹11,741.53 Cr on NSE.
What is the P/E ratio of TITAGARH?
TITAGARH trades at a trailing price-to-earnings (P/E) ratio of 135.80. The industry average P/E is 28.90. Its price-to-book (P/B) ratio is 4.69.
Does TITAGARH pay a dividend?
Titagarh Rail Systems Limited (TITAGARH) currently offers a dividend yield of 0.12%.
What is the return on equity (ROE) of TITAGARH?
TITAGARH has a return on equity (ROE) of 5.01%. Its return on capital employed (ROCE) is 9.29%.
Is TITAGARH a good stock to buy?
This page provides a data-driven analysis of Titagarh Rail Systems Limited (TITAGARH), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.