| Revenue growth | FY26 revenue down 16% YoY; Passenger segment up 111%. |
|---|---|
| Margins | Passenger EBIT margin improved significantly to 14.27% from 8.27%. |
| Order book | Standalone: ₹14,240cr; JV share: ₹13,300cr. |
| Demand visibility | Strong; Total order book at ₹27,540cr (including JVs). |
| Management confidence | Strong outlook for FY27 coach ramp-up and Vande Bharat. |
Growth
FY26 Consolidated Revenue down ~16% YoY to ₹3,143cr; Passenger Rail segment revenue surged 111% YoY to ₹539cr.
Outlook
Targeting 200+ coaches in FY27; Vande Bharat deliveries start FY27. ₹600cr capex for Falta shipyard brownfield expansion.
Risks
Supply chain constraints in wheelsets and West Asia issues impacted Freight segment delivery and revenue.
Earnings Call filed with BSE, NSE: TITAGARH. Summary written with AI assistance from the document.
Titagarh Rail Systems Ltd: key numbers
- Share price
- ₹738.40
- Market cap
- ₹9,944 Cr
- Revenue (annual)
- ₹3,186 Cr
- Net profit (annual)
- ₹122.8 Cr
- P/E (TTM)
- 45.8×Sector 32.5×
- Promoter holding
- 40.46%+0.00% QoQ
- FII holding
- 11.39%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 Other Announcement
Titagarh Rail Systems filed CARE's quarterly monitoring report on its Rs 199.99 crore warrant proceeds. No funds were utilised and no deviations were found.
Titagarh Rail Systems Q2 FY27 Results: Net Profit ₹63.2 Cr, Up 49.1% YoY
Titagarh Rail Systems Ltd reported revenue from operations of ₹792.6 Cr (-0.8% YoY) and net profit of ₹63.2 Cr (+49.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹63.2 Cr · +49.1% YoY
Titagarh Rail Systems Board Meeting Date
Titagarh Rail Systems will consider half-yearly results for September 2026 at a board meeting on 10 November. Trading window closes from 1 October until 13 November 2026.
Titagarh Rail Systems Order Update: ₹1,717 Cr
Titagarh Rail received an additional 4,955 BOXNHL wagon order from the Ministry of Railways, valued at ₹1,716.90 Crore plus GST. The amended contract now totals ₹10,404.10 Crore including GST.
- Value
- ₹1,717 Cr
- From
- Ministry of Railways
- Execution
- 222 days from the amendment date, up to 07.06.2027
Titagarh Rail Systems Board Meeting Date
Titagarh Rail Systems scheduled a board meeting for 29 October 2026 to approve unaudited financial results. The trading window remains closed until 48 hours post-results.
Titagarh Rail Systems Other Announcement
Titagarh Rail Systems has filed its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI LODR Regulation 31.