5nance5nance
5nance5nance
HomeScreens
LOGINGET FREE ACCOUNT

Titagarh Rail Systems Ltd.

•
titagarh.inBSE: 532966NSE: TITAGARH
Market Cap₹ 11,351 Cr.
Current Price
High / Low₹ 971 / 569
Stock P/E59.3
Book Value₹ 182
Price to Book3.22
Dividend Yield0.12 %
ROCE9.1 %
ROE5.2 %
Face Value₹ 2

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Freight Rolling Stock: 81.7% • Passenger Rolling Stock: 16.9% • Shipbuilding: 1.3%

AI Sector View

AI GENERATED

Capital Goods

Buy

Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.

Confidence
72%
View full sector analysis →

PROS

  • Latest quarter profit grew 69.9% YoY, showing strong momentum
  • Company has delivered good sales growth of 15.9% CAGR over last 5 years
  • Institutional investors have been accumulating - FII+DII up 5.1pp
  • Company maintains a comfortable, low leverage position

CONS

  • Recent results are weak - TTM profit is down 63.8% versus prior year
  • Company has a low return on equity of 9.0% over last 3 years
  • A large part of profit comes from other income (25.1% of PBT)
  • Equity base is being diluted - shares outstanding up 12.6%
  • Recurring exceptional / one-off items are inflating headline profit

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Capital GoodsAutomobile & AncillariesRailways Wagons/Coaches
Part ofNIFTY TOTAL MKTNIFTY 500NIFTY SMLCAP 250
S.No.Name
1.TITAGARH842.8559.2811350.980.1252.5869.94765.0712.639.0812.33
2.JWL239.3561.3910229.110.4226.19-15.73670.7446.028.799.79
3.TEXRAIL117.9022.294796.930.6450.0770.69756.68-16.9011.608.11
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
9119359551,0529031,0579021,006679799832875765
805820844932801928802904604715740778700
Operating Profit1061151111201021291001027584929765
OPM %11.65%12.30%11.59%11.41%11.28%12.24%11.09%10.12%11.06%10.47%11.06%11.11%8.47%
471415121122-128121411127
Interest19201816131721221818181715
Depreciation777778681212131415
Profit before Tax84951001129411595-565767727871
Tax %26.67%25.28%25.05%25.54%24.51%25.99%27.51%28.90%25.39%30.08%23.32%27.24%25.79%
Net Profit00006781636443137485453
5.175.565.846.374.976.014.63-9.172.342.733.583.833.91

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
1,7141,2681,5591,7661,5211,4682,7803,8533,8683,1863,272
1,6551,3801,4891,6661,4591,3112,5163,4053,4352,8382,934
Operating Profit59-1117010162157263448433348338
OPM %3.44%-8.78%4.51%5.70%4.06%10.68%9.47%11.64%11.18%10.92%10.32%
7439385444264343-82-1643
Interest3144658881578173737168
Depreciation5251242930182327305154
Profit before Tax50-1671937-6107190389150193288
Tax %44.80%11.93%-174.29%-54.74%-236.86%27.29%29.18%25.77%42.03%36.91%26.56%
Net Profit27-1475258-197813528887122212
EPS2.32-12.44-2.47-2.96-1.28-0.0310.8921.256.549.13—
Dividend Payout %34.32%-2.41%-12.15%0.00%0.00%0.00%4.59%3.76%15.29%10.95%—

COMPOUNDED SALES GROWTH

10 Years:
13%
5 Years:
16%
3 Years:
5%

COMPOUNDED PROFIT GROWTH

10 Years:
—
5 Years:
—
3 Years:
-2%

STOCK PRICE CAGR

10 Years:
—
5 Years:
—
3 Years:
3%
1 Year:
-7%

RETURN ON EQUITY

10 Years:
5%
5 Years:
10%
3 Years:
9%
Last Year:
5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2026

Sep 23

₹ 0.50

Rs.1.0000 per share(50%)Final Dividend

2025

Sep 8

₹ 0.50

Rs.1.0000 per share(50%)Dividend

2024

Aug 20

₹ 0.40

Rs.0.8000 per share(40%)Dividend

2023

Sep 22

₹ 0.25

Rs.0.5000 per share(25%)Final Dividend

2018

Sep 19

₹ 0.15

Rs.0.3000 per share(15%)Dividend

2017

Jul 20

₹ 0.40

Rs.0.8000 per share(40%)Dividend

2016

Mar 28

₹ 0.40

Interim Dividend

2015

Sep 16

₹ 0.40

Rs.0.8000 per share(40%)Dividend (Post Stock Split)

2026

Sep 8

₹ 0.50

Rs.1.0000 per share(50%)Final Dividend

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital23232323242424272727
Minority Interest79647379000011
9438297897418158189402,1912,2682,377
3976569018741,022912377270647721
Trade Payables442306535351398439323319235330
8111,0285263723876696477879941,101
Total Liabilities2,6952,9062,8482,4402,6462,8622,3113,5954,1724,557
9259499278638639587247409841,270
Capital Work in Progress12233301615121084072
82838729313032198225279
537442521376385504461524523588
0000000533671630
Cash & Bank46741195612442100609467317
1,0921,3351,1601,1161,2261,3139828841,2631,401
Total Assets2,6952,9062,8482,4402,6462,8622,3113,5954,1724,557

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
-167-101-103164666610786-97322
Cash from Investing68-26-48-10-72-69-61-537-579-133
Cash from Financing111191214-22743-5367724372-52
34441-8339-6846273-304137

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
40.4640.4640.4640.4640.4640.4640.4640.4640.46
19.5616.3213.6711.639.499.5610.6610.6710.87
14.1313.9415.0113.4011.6712.7712.6012.4615.38
0.010.010.010.010.010.020.010.010.01
25.8429.2630.8734.4938.3637.1936.2836.4133.28

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-09
Copy of Newspaper Publication

2026-09-09 - TITAGARH RAIL SYSTEMS LIMITED has informed the Exchange about Copy of Newspaper Publication

2026-09-08
General Updates

2026-09-08 - TITAGARH RAIL SYSTEMS LIMITED has informed the Exchange about letters sent to shareholders in pursuant to Regulation 36(1)(b) and 30 of SEBI (LODR) Regulations, 2015

2026-09-08
General Updates

2026-09-08 - TITAGARH RAIL SYSTEMS LIMITED has informed the Exchange about Communication to Shareholders w.r.t. Tax Deduction at Source on Dividend Payout

2026-09-08
Record Date

2026-09-08 - TITAGARH RAIL SYSTEMS LIMITED has informed the Exchange that Record date for the purpose of Dividend is 23-Sep-2026.

2026-09-08
Shareholders meeting

2026-09-08 - TITAGARH RAIL SYSTEMS LIMITED has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026

2026-09-07
Outcome of Board Meeting

2026-09-07 - TITAGARH RAIL SYSTEMS LIMITED has informed the Exchange regarding Outcome of Board Meeting held on September 07, 2026.

2026-09-05
Change in Management

2026-09-05 - TITAGARH RAIL SYSTEMS LIMITED has informed the Exchange about restructuring in Management

2026-08-26
General Updates

2026-08-26 - TITAGARH RAIL SYSTEMS LIMITED has informed the Exchange about General Updates - Signing of Memorandum of Undertaking

2026-08-21
Press Release

2026-08-21 - TITAGARH RAIL SYSTEMS LIMITED has informed the Exchange regarding a press release dated August 21, 2026, titled "TITAGARH RAIL SYSTEMS LIMITED has informed the Exchange regarding a press release dated August 21, 2026, titled "Titagarh Rail Systems Inaugurates New Design and Operations Centre at Uttarpara, WB, Advancing the Vision of Hon ble Chief Minister Shri Suvendu Adhikari Ji, in the Presence of Shri Tapas Roy, Hon ble Minister of Industry & Commerce, and Shri Arjun Singh, Hon ble Minister of Labour & Transport, Government of West Bengal, Strengthening the Revival of Bengal"".

News

Recent coverage and analyst commentary for TITAGARH

Loading news…

🤖

AI Stock Analyst

Titagarh Rail Systems Ltd.

🔒

Sign in to Chat with AI

Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.

✨ Sign In to Chat

Free 5nance Account

5nance5nance

Stock analysis and screening tool

5nanceAI © 2020-2026

Made with ❤️ in India.

Data provided by Accord Fintech

Terms & Privacy.

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nance5nance

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nanceAI © 2020-2026

Data provided by Accord Fintech

Made with ❤️ in India.

HomeScreens
Login