TITAGARH RAIL SYSTEMS LIMITED Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Low debt relative to equity (D/E 0.3x)
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,850 | ₹3.2L Cr | 33.9 | 7.9 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹363 | ₹2.6L Cr | 43 | 11.08 | 27.4 | 36.4 | 0 |
| TMCV Tata Motors Limited | ₹— | ₹1.5L Cr | 20.4 | 10.71 | 34 | 35.9 | 0.44 |
| BHEL Bharat Heavy Electricals Limited | ₹405 | ₹1.3L Cr | 46.9 | 5.28 | 6.23 | 9.14 | 0.22 |
| ABB ABB India Limited | ₹6,490 | ₹1.3L Cr | 84.4 | 14.72 | 22.4 | 29.9 | 0.02 |
| ENRIN Siemens Energy India Limited | ₹2,840 | ₹1.3L Cr | 98.46 | 26.82 | — | — | 0.04 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹832 | ₹1.3L Cr | 91.7 | 15 | 20.5 | 26.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
TITAGARH · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 42.47% | 42.46% | 40.46% | 40.46% | 40.46% | 40.46% |
| FII | 20.04% | 17.27% | 19.56% | 16.32% | 13.67% | 11.63% |
| DII | 12.27% | 13.72% | 14.13% | 13.94% | 15.01% | 13.40% |
| Public | 25.22% | 26.53% | 25.83% | 29.25% | 30.86% | 34.49% |
| Govt | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
Corporate Events
TITAGARH RAIL SYSTEMS LIMITED has informed the Exchange that the meeting of the Board of Directors of the Company scheduled to be held on October 29, 2026 To consider and approve the financial results for the period ended September 30, 2026 has been cance
To consider and approve the financial results for the period ended September 30, 2026
Dividend - Re 1 Per Share
To consider and approve the financial results for the period ended Jun 30, 2026
Dividend - Re 1 Per Share
Record: 8 Sept 2025
Annual General Meeting/Dividend - Re 0.80 Per Share
Annual General Meeting/Dividend - Re 0.50 Per Share
Latest News
All newsBHEL, Titagarh to form JV for Vande Bharat train maintenance
*BHEL, Titagarh to form JV for Vande Bharat train maintenance*. The two firms will jointly handle **35-year lifecycle maintenance** of Vande Bharat Sleeper trains, boosting long-term revenue visibility. The move strengthens their position in India’s expanding rail infrastructure sector. 📊 *STOCKS:* BHEL, TITAGARH | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Railways
Titagarh Rail Systems sets dividend record date
*Titagarh Rail Systems sets dividend record date.* The company has announced **23-Sep-2026** as the record date for dividend distribution. Shareholders registered on or before this date will be eligible for the payout. Final dividend details will be disclosed in due course. 📊 *STOCKS:* $TITANAGRO | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Dividend
Titagarh Rail Systems to hold shareholder meeting on Sept 30, 2026
*Titagarh Rail Systems to hold shareholder meeting on Sept 30, 2026.* The company has scheduled a meeting of shareholders on **September 30, 2026**, as per a corporate filing with the NSE. No specific agenda details are disclosed yet. This is a routine corporate event with no immediate financial implications. 📊 *STOCKS:* $TITAGARH | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #ShareholderMeeting
Titagarh Rail holds analyst meet for updates
*Titagarh Rail holds analyst meet for updates.* The company conducted an analyst and institutional investor meet to share business updates. No major announcements or financial figures were disclosed. The event aimed to enhance investor engagement and provide operational insights. 📊 *STOCKS:* TITAGARH | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #AnalystMeet
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹875 Cr 5.2% | ₹832 Cr 4.1% | ₹799 Cr 17.7% | ₹679 Cr 32.5% | ₹1.0K Cr 11.5% | ₹902 Cr 14.7% | ₹1.1K Cr 17.1% | ₹903 Cr |
| Op. Profit | ₹92 Cr 1.1% | ₹91 Cr 23.0% | ₹74 Cr 15.6% | ₹64 Cr 255.6% | ₹18 Cr 80.9% | ₹94 Cr 24.8% | ₹125 Cr 28.9% | ₹97 Cr |
| OPM | 11.0% 0.0% | 11.0% 22.2% | 9.0% 0.0% | 9.0% 400.0% | 1.8% 82.0% | 10.0% 16.7% | 12.0% 9.1% | 11.0% |
| Net Profit | ₹54 Cr 20.0% | ₹45 Cr 21.6% | ₹37 Cr 19.4% | ₹31 Cr 125.0% | ₹-124 Cr 296.8% | ₹63 Cr 22.2% | ₹81 Cr 20.9% | ₹67 Cr |
| EPS (₹) | 4.01 19.7% | 3.35 22.3% | 2.74 19.7% | 2.29 125.2% | -9.09 295.1% | 4.66 22.2% | 5.99 20.3% | 4.98 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.2K Cr 17.6% | ₹3.9K Cr 0.4% | ₹3.9K Cr 38.6% | ₹2.8K Cr 89.4% | ₹1.5K Cr 3.5% | ₹1.5K Cr 13.9% | ₹1.8K Cr 13.3% | ₹1.6K Cr 22.9% | ₹1.3K Cr 26.0% | ₹1.7K Cr |
| Expenses | ₹2.9K Cr 19.2% | ₹3.5K Cr 3.8% | ₹3.4K Cr 34.6% | ₹2.5K Cr 94.1% | ₹1.3K Cr 9.5% | ₹1.4K Cr 12.5% | ₹1.6K Cr 6.1% | ₹1.6K Cr 13.6% | ₹1.4K Cr 15.0% | ₹1.6K Cr |
| Op. Profit | ₹331 Cr 1.2% | ₹335 Cr 25.4% | ₹449 Cr 78.9% | ₹251 Cr 52.1% | ₹165 Cr 103.7% | ₹81 Cr 33.1% | ₹121 Cr 1244.4% | ₹9 Cr 109.3% | ₹-97 Cr 189.8% | ₹108 Cr |
| OPM | 10.0% 11.1% | 9.0% 25.0% | 12.0% 33.3% | 9.0% 18.2% | 11.0% 120.0% | 5.0% 28.6% | 7.0% 1066.7% | 0.6% 107.5% | -8.0% 233.3% | 6.0% |
| Other Income | ₹-15 Cr 81.7% | ₹-82 Cr 315.8% | ₹38 Cr 11.8% | ₹34 Cr 155.7% | ₹-61 Cr 344.0% | ₹25 Cr 141.7% | ₹-60 Cr 340.0% | ₹25 Cr 0.0% | ₹25 Cr 4.2% | ₹24 Cr |
| Interest | ₹71 Cr 2.7% | ₹73 Cr 0.0% | ₹73 Cr 9.9% | ₹81 Cr 42.1% | ₹57 Cr 29.6% | ₹81 Cr 8.0% | ₹88 Cr 35.4% | ₹65 Cr 47.7% | ₹44 Cr 41.9% | ₹31 Cr |
| Depreciation | ₹51 Cr 70.0% | ₹30 Cr 11.1% | ₹27 Cr 22.7% | ₹22 Cr 22.2% | ₹18 Cr 40.0% | ₹30 Cr 3.4% | ₹29 Cr 20.8% | ₹24 Cr 52.9% | ₹51 Cr 1.9% | ₹52 Cr |
| PBT | ₹194 Cr 29.3% | ₹150 Cr 61.1% | ₹386 Cr 113.3% | ₹181 Cr 524.1% | ₹29 Cr 583.3% | ₹-6 Cr 89.5% | ₹-57 Cr 1.8% | ₹-56 Cr 66.5% | ₹-167 Cr 434.0% | ₹50 Cr |
| Tax % | 37.0% 11.9% | 42.0% 61.5% | 26.0% 16.1% | 31.0% 69.6% | 102.0% 57.0% | 237.0% 758.3% | -36.0% 39.0% | -59.0% 391.7% | -12.0% 126.7% | 45.0% |
| Net Profit | ₹123 Cr 41.4% | ₹87 Cr 69.6% | ₹286 Cr 127.0% | ₹126 Cr 12700.0% | ₹-1 Cr 94.7% | ₹-19 Cr 47.2% | ₹-36 Cr 56.5% | ₹-23 Cr 84.4% | ₹-147 Cr 644.4% | ₹27 Cr |
| EPS (₹) | 9.13 39.6% | 6.54 69.2% | 21.25 95.1% | 10.89 36400.0% | -0.03 97.6% | -1.26 57.4% | -2.96 19.8% | -2.47 80.1% | -12.43 633.5% | 2.33 |
| Div Payout | 11.0% 26.7% | 15.0% 275.0% | 4.0% 20.0% | 5.0% | 0.0% | 0.0% | 0.0% 100.0% | -12.0% 500.0% | -2.0% 105.9% | 34.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹27 Cr 0.0% | ₹27 Cr 0.0% | ₹27 Cr 12.5% | ₹24 Cr 0.0% | ₹24 Cr 0.0% | ₹24 Cr 4.3% | ₹23 Cr 0.0% | ₹23 Cr 0.0% | ₹23 Cr 0.0% | ₹23 Cr |
| Reserves | ₹2.4K Cr 7.1% | ₹2.3K Cr 3.5% | ₹2.2K Cr 133.1% | ₹940 Cr 14.9% | ₹818 Cr 0.1% | ₹817 Cr 10.0% | ₹743 Cr 6.3% | ₹793 Cr 4.7% | ₹832 Cr 11.9% | ₹944 Cr |
| Borrowings | ₹623 Cr 0.6% | ₹627 Cr 277.7% | ₹166 Cr 53.0% | ₹353 Cr 61.6% | ₹920 Cr 8.6% | ₹847 Cr 16.0% | ₹730 Cr 18.5% | ₹896 Cr 43.6% | ₹624 Cr 67.7% | ₹372 Cr |
| Other Liabilities | ₹960 Cr 21.4% | ₹791 Cr 4.9% | ₹832 Cr 10.6% | ₹931 Cr 3.1% | ₹903 Cr 16.5% | ₹775 Cr 0.0% | ₹775 Cr 20.5% | ₹975 Cr 19.4% | ₹1.2K Cr 10.8% | ₹1.4K Cr |
| Total Liabilities | ₹4.0K Cr 8.8% | ₹3.7K Cr 15.5% | ₹3.2K Cr 43.1% | ₹2.2K Cr 15.6% | ₹2.7K Cr 8.2% | ₹2.5K Cr 8.4% | ₹2.3K Cr 15.4% | ₹2.7K Cr 0.1% | ₹2.7K Cr 0.2% | ₹2.7K Cr |
Assets | ||||||||||
| Fixed Assets | ₹1.3K Cr 28.4% | ₹992 Cr 32.6% | ₹748 Cr 2.2% | ₹732 Cr 24.2% | ₹966 Cr 10.9% | ₹871 Cr 0.1% | ₹872 Cr 6.7% | ₹935 Cr 2.4% | ₹958 Cr 2.7% | ₹933 Cr |
| CWIP | ₹192 Cr 57.4% | ₹122 Cr 29.9% | ₹174 Cr 1350.0% | ₹12 Cr 80.3% | ₹61 Cr 48.8% | ₹41 Cr | ₹0 Cr 100.0% | ₹36 Cr 33.3% | ₹27 Cr 80.0% | ₹15 Cr |
| Investments | ₹279 Cr 24.0% | ₹225 Cr 13.6% | ₹198 Cr 518.8% | ₹32 Cr 6.7% | ₹30 Cr 3.2% | ₹31 Cr 6.9% | ₹29 Cr 66.7% | ₹87 Cr 4.8% | ₹83 Cr 1.2% | ₹82 Cr |
| Other Assets | ₹2.3K Cr 3.3% | ₹2.4K Cr 13.2% | ₹2.1K Cr 42.5% | ₹1.5K Cr 8.4% | ₹1.6K Cr 5.9% | ₹1.5K Cr 10.7% | ₹1.4K Cr 15.9% | ₹1.6K Cr 0.6% | ₹1.6K Cr 2.6% | ₹1.7K Cr |
| Total Assets | ₹4.0K Cr 8.8% | ₹3.7K Cr 15.5% | ₹3.2K Cr 43.1% | ₹2.2K Cr 15.6% | ₹2.7K Cr 8.2% | ₹2.5K Cr 8.4% | ₹2.3K Cr 15.4% | ₹2.7K Cr 0.1% | ₹2.7K Cr 0.2% | ₹2.7K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹322 Cr 432.0% | ₹-97 Cr 212.8% | ₹86 Cr 109.8% | ₹41 Cr 25.5% | ₹55 Cr 19.1% | ₹68 Cr 55.8% | ₹154 Cr 224.2% | ₹-124 Cr 2.5% | ₹-121 Cr 31.6% | ₹-177 Cr |
| Investing CF | ₹-134 Cr 76.9% | ₹-579 Cr 7.8% | ₹-537 Cr 780.3% | ₹-61 Cr 16.4% | ₹-73 Cr 21.7% | ₹-60 Cr 1600.0% | ₹4 Cr 108.2% | ₹-49 Cr 8.9% | ₹-45 Cr 202.3% | ₹44 Cr |
| Financing CF | ₹-52 Cr 114.0% | ₹372 Cr 48.6% | ₹724 Cr 980.6% | ₹67 Cr 226.4% | ₹-53 Cr 223.3% | ₹43 Cr 118.9% | ₹-227 Cr 206.1% | ₹214 Cr 12.0% | ₹191 Cr 72.1% | ₹111 Cr |
| Net Cash Flow | ₹137 Cr 145.1% | ₹-304 Cr 210.9% | ₹274 Cr 495.7% | ₹46 Cr 164.8% | ₹-71 Cr 239.2% | ₹51 Cr 172.9% | ₹-70 Cr 275.0% | ₹40 Cr 60.0% | ₹25 Cr 213.6% | ₹-22 Cr |
| Free Cash Flow | ₹-45 Cr 86.3% | ₹-328 Cr 320.5% | ₹-78 Cr 2050.0% | ₹4 Cr 109.8% | ₹-41 Cr 555.6% | ₹9 Cr 93.0% | ₹129 Cr 168.6% | ₹-188 Cr 25.3% | ₹-150 Cr 24.6% | ₹-199 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 72d 14.3% | 63d 26.0% | 50d 35.1% | 37d 36.2% | 58d 57.4% | 136d 161.5% | 52d 35.8% | 81d 2.5% | 79d 58.0% | 50d |
| Inventory Days | 92d 41.5% | 65d 1.6% | 64d 17.9% | 78d 55.7% | 176d 23.9% | 142d 19.3% | 119d 41.4% | 203d 4.7% | 213d 17.0% | 182d |
| Days Payable | 52d 79.3% | 29d 25.6% | 39d 29.1% | 55d 64.1% | 153d 4.8% | 146d 31.5% | 111d 46.9% | 209d 41.2% | 148d 1.3% | 150d |
| Cash Conv. Cycle | 113d 14.1% | 99d 32.0% | 75d 25.0% | 60d 25.9% | 81d 38.2% | 131d 118.3% | 60d 20.0% | 75d 48.3% | 145d 76.8% | 82d |
| Working Capital Days | 76d 76.7% | 43d 29.5% | 61d 205.0% | 20d 58.3% | 48d 46.7% | 90d 6.3% | 96d 54.8% | 62d 1966.7% | 3d 92.1% | 38d |
| ROCE | 11.0% 21.4% | 14.0% 44.0% | 25.0% 38.9% | 18.0% 100.0% | 9.0% 80.0% | 5.0% 28.6% | 7.0% 600.0% | 1.0% 112.5% | -8.0% 233.3% | 6.0% |
Source: Screener.in · Lower days = better efficiency