| Revenue growth | Highest ever turnover reported; passenger segment grew 425% in car volume. |
|---|---|
| Margins | Passenger EBIT at 19% (Q4) and 14.3% (FY26); guidance remains 12-15%. |
| Order book | INR 27,540cr total; INR 10,600cr standalone passenger, INR 3,100cr standalone freight. |
| Demand visibility | Strong; wagon demand tied to 3 billion ton railway target by 2030. |
| Management confidence | High; citing strong 'India story' and robust railway infrastructure investment. |
Growth
FY26 passenger rail sales grew from 12 to 63 cars; total order book stands at INR 27,540 crores.
Outlook
Targeting 200 passenger cars in FY27 and 1,000 wagons/month capacity; INR 610cr shipbuilding capex planned.
Risks
Supply chain constraints for gas/steel and potential geopolitical impacts in West Asia remain watchful areas.
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.