| Revenue growth | Highest ever passenger segment turnover; freight business remains steady-state. |
|---|---|
| Margins | Passenger margins at 19% (Q4) but steady-state guided at 12%. |
| Order book | Order book stands at ₹27,540cr, heavily weighted towards passenger segment. |
| Demand visibility | Strong visibility due to Indian Railways' ₹20 lakh crore infrastructure push. |
| Management confidence | Confident, specifically regarding the 'India story' and passenger segment ramp-up. |
Growth
Passenger car sales surged from 12 to 63 units YoY. Order book is strong at ₹27,540cr.
Outlook
Targeting 200 passenger cars for FY27; wheel production starts June FY26.
Risks
Supply chain constraints for gas and steel; execution risks in scaling passenger production 3x.
Earnings Call filed with BSE, NSE: TITAGARH. Summary written with AI assistance from the document.
Titagarh Rail Systems Ltd: key numbers
- Share price
- ₹822.60
- Market cap
- ₹11,078 Cr
- Revenue (annual)
- ₹3,186 Cr
- Net profit (annual)
- ₹122.8 Cr
- P/E (TTM)
- 58.0×Sector 33.6×
- Promoter holding
- 40.46%+0.00% QoQ
- FII holding
- 10.87%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Titagarh Rail Systems Ltd
All →Titagarh Rail Systems Merger & Restructuring Worth ₹0.5 Cr
Titagarh Rail Systems is forming a 50:50 Joint Venture with BHEL to maintain Vande Bharat trainsets. The JV has an initial paid-up capital of ₹0.50 Crore.
- Value
- ₹0.50 Cr
Titagarh Rail Systems Merger & Restructuring
Titagarh Rail Systems and BHEL signed a Joint Venture Agreement to form a company for maintaining 80 Vande Bharat trainsets for Indian Railways.
- Execution
- 35 years
Titagarh Rail Systems Other Announcement
Titagarh Rail Systems informed the exchange that it has dispatched letters to shareholders providing the web-link to the Annual Report 2025-26 and requesting KYC updates.
Titagarh Rail Systems Annual General Meeting
Titagarh Rail Systems convened its 29th AGM for September 30, 2026, to approve FY25-26 results and a Re. 1 dividend. Director re-appointments also feature.
Titagarh Rail Systems Annual Report
Titagarh Rail Systems filed its Annual Report for FY 2025-26 along with the 29th AGM notice. No new transaction is announced in this filing.
Titagarh Rail Systems Board Meeting Outcome
Titagarh Rail Systems approved its Deputy MD's re-appointment, scheduled its 29th AGM, fixed a dividend record date, and decided to close a non-operational joint venture.