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ALFA Concalls
Every earnings call, live and summarised
Earnings calls
Every Titagarh Rail Systems earnings call we streamed: the live audio and our summary of what management said.
Q2 FY27 metro execution improved and wagon visibility was restored via the option order, but no revenue or profit was disclosed. Management hedged on timelines, withheld project-level figures, and deflected margin and…
Q2 FY27 metro execution improved and wagon visibility was restored via the option order, but no revenue or profit was disclosed. Management hedged on timelines, withheld project-level figures, and deflected margin and tender questions.
Targets ~275 metro coaches FY28 and ~200 metro coaches FY27 (endeavour); 1,000 wagons/month by Q4 FY27.
TRSL reported Q1 FY27 results highlighting a shift towards Passenger Rail Systems (PRS), now 31% of revenue. Focus is on ramping up coach production capacity to 850 per annum by 2028-29.
Titagarh Rail Systems achieved record turnover and profitability in FY26. Management successfully exited the loss-making Firema investment and is scaling the passenger rail segment toward 200 cars in FY27.
TRSL reported mixed FY26 results with consolidated revenue at ₹3,143.58cr, down from FY25. Focus remains on scaling Passenger Rail Systems and execution of a ₹27,540cr total order book.
Titagarh Rail Systems achieved record passenger rail turnover and exited its loss-making Italian subsidiary, Firema. Management is pivoting towards high-margin passenger segments while maintaining a steady-state freight business.
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.