TITAGARH RAIL SYSTEMS LTD·RAILWAYS 47.41WAGONS 41.33·Industrial Manufacturing Companies

2026-08-21 NSE BSE Web 20% Result 13 Aug

Price

843.55

-0.68%
O:853.1
H:864.5
L:840
C:843.55

52W Range

568.7971
+48%/-13%

Market Cap

₹11,360.41 Cr

Traded: ₹30.56 Cr (0.27%) 0.0x

Free Float: ₹3,780.74 Cr (0.81% of FF traded)

Volume · 60D trend

3.59 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:+2% 3M:-9% 6M:+14% 12M:+8%

Valuation

P/E60.3
P/B4.6
P/S3.5
EV/EBIT39.2

Business Strength

ROE11.7%
ROCE16.6%
OPM10.4%
NPM3.9%

Growth (3Y CAGR)

EPS-55.5%
Sales+5.0%
Profit+7.0%
3Y Return+8.0%

Balance Sheet

Debt/Equity0.2
Debt522 Cr
Pledge0.1%
CWIP/Fixed Asset5.2%

Cash Position

CFO/NP261.8%
FCF-45.3 Cr
FCF 3Y Avg-451 Cr
Cash/MCap3.0%

Others

Div Yield0.1%
Div Payout11.0%
Cash Conv. Cycle113 days
Tradeable Free Float33.3%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 191.02 Cr
5.05% FF
60d high
₹ 210.86 Cr
60d low
₹ 178.88 Cr
60d mean
₹ 191.00 Cr
vs mean
▲ 0.01%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Sales
+13.0%
+16.0%
+5.0%
--
-10.0%
Decelerating
ROE
+5.0%
+10.0%
+11.0%
--
--
Accelerating
Return
+24.0%
+54.0%
+8.0%
+2.0%
--
Decelerating
Profit
+27.0%
+65.0%
+7.0%
--
+3.0%
Decelerating

Quarterly Results

Jun 2026

13 Aug
Rev
765 Cr
+13% YoY-13% QoQ
OPM12.0%
NPM6.9%
PAT
--53 Cr
EPS
+70% YoY3.9

Mar 2026

1 Jun
Rev
875 Cr
-13% YoY+5% QoQ
OPM11.0%
NPM6.2%
PAT
+280% YoY54 Cr
EPS
+144% YoY4.0

Dec 2025

14 Feb
Rev
832 Cr
-8% YoY+4% QoQ
OPM11.0%
NPM5.4%
PAT
-16% YoY45 Cr
EPS
-28% YoY3.4

Sep 2025

PDF
Rev
799 Cr
-24% YoY+18% QoQ
OPM9.0%
NPM4.6%
PAT
-54% YoY37 Cr
EPS
-54% YoY2.7

Jun 2025

PDF
Rev
679 Cr
-25% YoY-33% QoQ
OPM9.0%
NPM4.6%
PAT
-53% YoY31 Cr
EPS
-54% YoY2.3

Mar 2025

PDF
Rev
1.0K Cr
-4% YoY+12% QoQ
OPM1.8%
NPM-12.3%
PAT
-83% YoY-124 Cr
EPS
-255% YoY-9.1

Dec 2024

PDF
Rev
902 Cr
-6% YoY-15% QoQ
OPM10.0%
NPM7.0%
PAT
-17% YoY63 Cr
EPS
-16% YoY4.7

Sep 2024

PDF
Rev
1.1K Cr
+13% YoY+17% QoQ
OPM12.0%
NPM7.7%
PAT
+15% YoY81 Cr
EPS
+8% YoY6.0

Jun 2024

PDF
Rev
903 Cr
-1% YoY-14% QoQ
OPM11.0%
NPM7.4%
PAT
+8% YoY67 Cr
EPS
-4% YoY5.0

Mar 2024

PDF
Rev
1.1K Cr
+8% YoY+10% QoQ
OPM11.0%
NPM7.5%
PAT
+69% YoY79 Cr
EPS
+45% YoY5.9

Dec 2023

PDF
Rev
955 Cr
+25% YoY+2% QoQ
OPM12.0%
NPM7.8%
PAT
+136% YoY75 Cr
EPS
+104% YoY5.6

Sep 2023

PDF
Rev
935 Cr
+54% YoY+3% QoQ
OPM12.0%
NPM7.6%
PAT
+96% YoY71 Cr
EPS
+38% YoY5.5

Jun 2023

PDF
Rev
911 Cr
---6% QoQ
OPM12.0%
NPM6.8%
PAT
+164% YoY62 Cr
EPS
--5.2

Mar 2023

PDF
Rev
974 Cr
--+27% QoQ
OPM9.0%
NPM4.9%
PAT
+117% YoY48 Cr
EPS
--4.0

Dec 2022

Rev
766 Cr
--+26% QoQ
OPM9.0%
NPM4.3%
PAT
+105% YoY33 Cr
EPS
--2.7

Sep 2022

Rev
607 Cr
----
OPM9.0%
NPM7.4%
PAT
+81% YoY45 Cr
EPS
--4.0

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.25
Interest Coverage18.6x
Promoter Pledge0.1%
Borrowings623 Cr

Efficiency

Receivable Days72 days
Inventory Days92 days
Payable Days52 days
Cash Conversion cycle113 days

Cash Position

Operating Cash Flow322 Cr
Investing Cash Flow-133 Cr
Financing Cash Flow-52 Cr
Free Cash Flow-45 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023PDF ↗
Dec 2022
Sep 2022
Sales7658758327996791,0069021,0579031,052955935911974766607
Expenses671783741725615987809932806935844821805882701554
Operating Profit9492917464189412597118111115106926553
OPM %12.0%11.0%11.0%9.0%9.0%1.8%10.0%12.0%11.0%11.0%12.0%12.0%12.0%9.0%9.0%9.0%
Other Income71401411-12823101212147471129
Interest15171818182221171316182019222320
Depreciation151413121286877777655
Profit Before Tax7175605745-14089111901081009584704857
Tax %26.0%28.0%25.0%35.0%32.0%-12.0%29.0%27.0%26.0%27.0%25.0%25.0%27.0%31.0%32.0%21.0%
Net Profit5354453731-12463816779757162483345
Exceptional Items--2-11-0-1-1580-00-2-0000112
EPS (Rs)3.94.03.42.72.3-9.14.76.05.05.95.65.55.24.02.74.0
Sales Growth (YoY)12.7%-13.0%-7.8%-24.4%-24.8%-4.4%-5.5%13.1%-0.9%8.0%24.7%54.0%--------
Sales Growth (QoQ)-12.6%5.2%4.1%17.7%-32.5%11.5%-14.7%17.1%-14.2%10.2%2.1%2.6%-6.5%27.1%26.2%--
OP Growth (YoY)46.9%411.1%-3.2%-40.8%-34.0%-84.7%-15.3%8.7%-8.5%28.3%70.8%117.0%--------
OP Growth (QoQ)2.2%1.1%23.0%15.6%255.6%-80.9%-24.8%28.9%-17.8%6.3%-3.5%8.5%15.2%41.5%22.6%--
Profit Growth (YoY)--280.0%-16.0%-54.0%-53.0%-83.0%-17.0%15.0%8.0%69.0%136.0%96.0%164.0%117.0%104.8%81.0%
EPS Growth (YoY)70.3%144.1%-28.1%-54.3%-54.0%-255.1%-16.2%7.9%-3.7%45.4%104.4%37.7%--------
EPS Growth (QoQ)-2.7%19.7%22.3%19.6%125.2%-295.1%-22.2%20.3%-15.0%5.4%0.2%7.3%28.3%48.2%-32.5%--
OP Margin12.3%10.5%10.9%9.3%9.4%1.8%10.4%11.8%10.7%11.2%11.6%12.3%11.6%9.4%8.5%8.7%
Net Margin6.9%6.2%5.4%4.6%4.6%-12.3%7.0%7.7%7.4%7.5%7.8%7.6%6.8%4.9%4.3%7.4%
Material Cost %--73.0%73.0%74.0%71.0%74.0%76.0%76.0%77.0%77.0%78.0%77.0%78.0%77.0%79.0%78.0%
Employee Cost %--3.0%4.0%3.0%4.0%3.0%2.0%2.0%2.0%2.0%2.0%2.0%2.0%2.0%2.0%2.0%
P/S3.473.523.362.79------------------------
P/E60.2567.2861.2448.08------------------------
P/B4.634.574.383.72------------------------

Shareholding Pattern

Shareholders:5.2L (+386.0%)
Current MixJun 2026

Exchange Filings

50
Company Update21 Aug 2026

Please find enclosed herewith Press Release dated 21st August, 2026.

Company Update19 Aug 2026

Upgradation of Vendor status for 3-Phase Locomotive Traction Motor (6FRA-6068)

Company Update19 Aug 2026

We enclose transcript of Q1 & FY27 Earnings Call held on Friday, 14th August, 2026.

Company Update14 Aug 2026

We enclose Audio Link for Q1 FY27 Earnings Conference Call with Analyst/Investors

Company Update14 Aug 2026

Please find enclosed Investor Presentation for Q1 FY27

Company Update14 Aug 2026

We enclose newspaper publication for Unaudited Financials Results for quarter ended 30th June, 2026

Company Update13 Aug 2026

Reappointment of Executive Chairman of the Company w.e.f. 8th January, 2027 subject to shareholders approval

Company Update12 Aug 2026

Reappointment of Executive Chairman

Company Update12 Aug 2026

Monitoring Agency Report for the quarter ended 30.06.2026

Company Update12 Aug 2026

Statement of Deviation

Result12 Aug 2026

Unaudited Financial Results for quarter ended 30 June 2026

Board Meeting12 Aug 2026

Outcome Of Board Meeting - Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30 June, 2026

Company Update07 Aug 2026

Please find enclosed intimation of Earnings Call for Q1 & FY27

Board Meeting06 Aug 2026

Titagarh Rail Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Unaudited Financial Results ....

Company Update04 Jul 2026

Pursuant to Regulation 74(5) of SEBI (DP) Regulations 2018, please find enclosed certificate from RTA of the Company for quarter ended 30th June 2026.

Company Update02 Jul 2026

Please find enclosed herewith Press Release dated 2nd July, 2026

Company Update25 Jun 2026

Schedule for Non-deal Roadshow to Meet Investors in Mumbai, and Singapore orgainsed by Jefferies India Private Limited on 30th June 2026 and 1st July, 2026

Insider Trading / SAST25 Jun 2026

Intimation of Closure of Trading Window

Company Update23 Jun 2026

Newspaper Publication of the Notice issued to the shareholders of the Company pursuant to provisions of IEPF for transfer of shares, published today i.e., 23rd June, 2026

Company Update02 Jun 2026

We enclose newspaper publication for Audited Financial Results for quarter and year ended 31st March, 2026

Company Update02 Jun 2026

Please find enclosed Investor Presentation for Q4 & 12M FY26

Company Update01 Jun 2026

We enclose Audio Link for Q4 & FY26 Earnings Conference Call with Analyst/Investors

Company Update31 May 2026

The Company has declared dividend of Re. 1/- per equity share of face value of Rs. 2/- each for the financial year 2025-26

Result31 May 2026

Audited Financial Results for year ended 31st March, 2026

Board Meeting31 May 2026

Outcome of Board Meeting

Company Update28 May 2026

Intimation of Schedule of Analyst/Investor Meet to be held on Tuesday, 2nd June, 2026 in Mumbai

Company Update27 May 2026

Please find enclosed intimation of Earnings Call for Q4 & FY26

Board Meeting22 May 2026

Titagarh Rail Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve Audited Financial Results ....

Company Update14 May 2026

We enclose Annual Secretarial Compliance Report dated 13th May, 2026 for the financial year ended 31st March, 2026

Company Update14 May 2026

Monitoring Agency Report for the quarter ended 31.03.2026

Company Update14 May 2026

Statement of Deviation(s) or Variation(s) In utilisation of funds raised through Preferential Issue

Company Update19 Apr 2026

Please find enclosed herewith Press Relese issued by Titagarh Naval Systems Limited, a wholly owned subsidiary of the Company

Company Update06 Apr 2026

Please find enclosed herewith Press Release issued by Titagarh Naval Systems Limited, a wholly owned subsidiary of the Company

Company Update04 Apr 2026

Pursuant to Regulation 74(5) of SEBI (DP) Regulations 2018, please find enclosed certificate from RTA of the Company for quarter ended 31st March, 2026.

Company Update01 Apr 2026

Update on Credit Ratings from CRISIL

Company Update28 Mar 2026

We enclose herewith disclosure under Regulation 30 of SEBI (LODR) Regulation, 2015

Others27 Mar 2026

Outcome of Board Meeting held today i.e. 27th March, 2026

Company Update26 Mar 2026

We enclose herewith disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015

Insider Trading / SAST24 Mar 2026

Intimation of Clouser of Trading Window

Others19 Mar 2026

Outcome of Board Meeting held today i.e., 19th March, 2026.

Company Update10 Mar 2026

In continuation to our earlier intimation dated 6th March, 2026, please find enclosed intimation of cancellation of interaction with Analysts/Investors

Company Update06 Mar 2026

Intimation of Schedule of Analyst/Investor Meet to be held on Wednesday, 11th March, 2026 in Mumbai

Company Update05 Mar 2026

We enclose the intimation regarding sale/transfer/disposal of a business unit of overseas associate company.

Company Update20 Feb 2026

We enclose transcript of Q3 & 9MFY26 Earnings call held on Monday, 16th February, 2026

Company Update16 Feb 2026

Please find enclosed Investor Presentation for Q3 & 9M FY26

Company Update16 Feb 2026

We enclose Audio Link for Q3 & 9MFY26 Earnings Conference Call with Analyst/Investors

Company Update15 Feb 2026

We enclose newspaper publication for Unaudited Financial Results for quarter ad nine months ended 31st December, 2025

Board Meeting13 Feb 2026

Pursuant to Regulations 30 and 33 of the SEBI (LODR) Regulations, 2015, we enclose the Outcome of Board Meeting held today i.e., 13th February, 2026

Result13 Feb 2026

Unaudited Financial Results for quarter and nine months ended 31st December, 2025

Company Update13 Feb 2026

We wish to inform that the Board at its meeting held today i.e. 13th February, 2026 has taken on record the resignation of Shri Saket Kandoi as the Director & CEO (Shipbuilding & Maritime ....

Annual Reports

15

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

Credit Ratings

6
crisilRating update
10 Jan 2025Report
crisilRating update
25 Jun 2024Report
crisilRating update
08 Jan 2024Report
crisilRating update
28 Sept 2023Report
crisilRating update
06 Mar 2023Report
crisilRating update
07 Dec 2022Report

Concalls

35

Feb 2026

28 Feb 2026

Nov 2025

30 Nov 2025

Aug 2025

31 Aug 2025

Jun 2025

30 Jun 2025

Feb 2025

28 Feb 2025

Oct 2024

31 Oct 2024

Oct 2024

31 Oct 2024

Jul 2024

31 Jul 2024

May 2024

31 May 2024

May 2024

31 May 2024

Feb 2024

29 Feb 2024

Oct 2023

31 Oct 2023

Jul 2023

31 Jul 2023

May 2023

31 May 2023

Feb 2023

28 Feb 2023

Nov 2022

30 Nov 2022

Sep 2022

30 Sept 2022

Aug 2022

31 Aug 2022

Jun 2022

30 Jun 2022

Feb 2022

28 Feb 2022

Aug 2021

31 Aug 2021

Jun 2021

30 Jun 2021

Feb 2021

28 Feb 2021

Oct 2020

31 Oct 2020

Mar 2020

31 Mar 2020

Feb 2020

29 Feb 2020

Nov 2019

30 Nov 2019

Jun 2019

30 Jun 2019

Feb 2019

28 Feb 2019

Nov 2018

30 Nov 2018

Aug 2018

31 Aug 2018

May 2018

31 May 2018

Feb 2018

28 Feb 2018

Nov 2017

30 Nov 2017

Aug 2017

31 Aug 2017

Held by ETFs

13 ETFs hold titagarh · sorted by weight

#ETFWeight %
1

SMALLADD

DSPAMC - SMALLADD

0.31%
2

SBISMLETF

SBIAMC - SBISMLETF

0.31%
3

SMALLCAP

MIRAEAMC - SMALLCAP

0.46%
4

GROWWSC250

GROWWAMC - GROWWSC250

0.31%
5

MOSMALL250

MOTILALAMC - MOSMALL250

0.31%
6

SMALL250

MIRAEAMC - SMALL250

0.31%
7

HDFCSML250

HDFCAMC - HDFCSML250

0.31%
8

MULTICAP

MIRAEAMC - MULTICAP

0.08%
9

INFRA

MIRAEAMC - INFRA

0.20%
10

BSE500IETF

ICICIPRAMC - ICICI500

0.03%
11

HDFCBSE500

HDFCAMC - HDFCBSE500

0.03%
12

MONIFTY500

MOTILALAMC - MONIFTY500

0.03%
13

AONETOTAL

AONEAMC - AONETOTAL

0.03%

Held by Mutual Funds

53 schemes hold titagarh · sorted by weight

#SchemeWeight %
1

HSBC Infrastructure Fund

HSBC Mutual Fund

1.65%
2

JM Small Cap Fund

JM Financial Mutual Fund

1.25%
3

HSBC Business Cycles Fund

HSBC Mutual Fund

1.16%
4

HSBC Multi Asset Allocation Fund

HSBC Mutual Fund

1.71%
5

JM Midcap Fund

JM Financial Mutual Fund

1.16%
6

ITI Small Cap Fund

ITI Mutual Fund

1.09%
7

Tata Dividend Yield Fund

Tata Mutual Fund

1.11%
8

HSBC Large and Mid Cap Fund

HSBC Mutual Fund

0.99%
9

HDFC Infrastructure Fund

HDFC Mutual Fund

0.99%
10

Axis Business Cycles Fund

Axis Mutual Fund

0.98%
11

Mahindra Manulife Small Cap Fund

Mahindra Manulife Mutual Fund

0.98%
12

Mahindra Manulife Aggressive Hybrid Fund

Mahindra Mutual Fund

0.97%
13

Mahindra Manulife Flexi Cap Fund

Mahindra Manulife Mutual Fund

0.86%
14

Bank of India Flexi Cap Fund

Bank of India Mutual Fund

0.87%
15

Bank of India Mid & Small Cap Equity & Debt Fund

Bank of India Mutual Fund

0.82%
16

Bank of India Small Cap Fund

Bank of India Mutual Fund

0.81%
17

HSBC Small Cap Fund

HSBC Mutual Fund

0.80%
18

ITI ELSS Tax Saver Fund

ITI Mutual Fund

0.78%
19

ITI Value Fund

ITI Mutual Fund

0.67%
20

Mirae Asset Multicap Fund

Mirae Asset Mutual Fund

0.49%
21

HSBC Aggressive Hybrid Fund

HSBC Mutual Fund

0.43%
22

JM Flexicap Fund

JM Financial Mutual Fund

0.43%
23

Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund

Tata Mutual Fund

0.35%
24

Groww Nifty Smallcap 250 Index Fund

Groww Mutual Fund

0.33%
25

ICICI Prudential Nifty Smallcap 250 Index Fund

ICICI Prudential Mutual Fund

0.33%
26

HDFC Balanced Advantage Fund

HDFC Mutual Fund

0.33%
27

HDFC Nifty Smallcap 250 Index Fund

HDFC Mutual Fund

0.33%
28

SBI Nifty Smallcap 250 Index Fund

SBI Mutual Fund

0.33%
29

Bandhan Nifty Smallcap 250 Index Fund

Bandhan Mutual Fund

0.33%
30

Kotak Nifty Smallcap 250 Index Fund

Kotak Mahindra Mutual Fund

0.33%
31

Edelweiss Nifty Smallcap 250 Index Fund

Edelweiss Mutual Fund

0.33%
32

Motilal Oswal Nifty Smallcap 250 Index Fund

Motilal Oswal Mutual Fund

0.33%
33

Axis Small Cap Fund

Axis Mutual Fund

0.28%
34

Aditya Birla Sun Life Balanced Advantage Fund

Aditya Birla Sun Life Mutual Fund

0.33%
35

Nippon India Nifty 500 Equal Weight Index Fund

Nippon India Mutual Fund

0.19%
36

HDFC Large and Mid Cap Fund

HDFC Mutual Fund

0.17%
37

JM ELSS Tax Saver Fund

JM Financial Mutual Fund

1.50%
38

JM Value Fund

JM Financial Mutual Fund

1.47%
39

Axis Retirement Fund

Axis Mutual Fund

0.12%
40

UTI Nifty500 Shariah Index Fund

UTI Mutual Fund

0.13%
41

Axis Aggressive Hybrid Fund

Axis Mutual Fund

0.10%
42

HDFC Nifty500 Multicap 50:25:25 Index Fund

HDFC Mutual Fund

0.08%
43

Axis Children's Fund

Axis Mutual Fund

0.06%
44

Axis Balanced Advantage Fund

Axis Mutual Fund

0.07%
45

SBI Nifty 500 Index Fund

SBI Mutual Fund

0.04%
46

HDFC BSE 500 Index Fund

HDFC Mutual Fund

0.04%
47

Axis Nifty 500 Index Fund

Axis Mutual Fund

0.04%
48

Groww Nifty Total Market Index Fund

Groww Mutual Fund

0.03%
49

ICICI Prudential Nifty 500 Index Fund

ICICI Prudential Mutual Fund

0.04%
50

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.03%
51

Motilal Oswal Nifty 500 Index Fund

Motilal Oswal Mutual Fund

0.03%
52

Bandhan Nifty Total Market Index Fund

Bandhan Mutual Fund

0.03%
53

Canara Robeco Conservative Hybrid Fund

Canara Robeco Mutual Fund

0.17%