Titagarh Rail Systems, 532966, TITAGARH Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

10,893.76
56.90
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

11,098.43
0.12%
4.43

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

6.40
16.77
-6.14

EBITDA CAGR (%)

10 Years
5 Years
3 Years

19.42
17.30
-4.94

PAT CAGR (%)

10 Years
5 Years
3 Years

16.29
9.26
-24.99

P:E (Median)

8 Years
5 Years
3 Years

48.03
51.18
53.69

P:BV (Average)

8 Years
5 Years
3 Years

3.18
4.59
5.71

EV:EBITDA (Average)

8 Years
5 Years
3 Years

16.40
23.44
28.06

Earnings Forecasts:

(Updated: 03-10-2026)

Description 2026 2027 2028 2029
Adj EPS 9.12 19.84 29.59 35.93
P/E Ratio 88.78 40.81 27.36 22.53
Revenue 3185.82 4314.77 6412.88 7006.95
EBITDA 348 492.76 718.11 820.1
Net Income 122.98 264.22 424.69 500.63
ROA 3.17 6.8 8.97 11.7
P/B Ratio 4.44 3.90 3.41 3.11
ROE 5.18 9.94 14.22 14.9
FCFF -3.83 52.12 -14.88 197.55
FCFF Yield -0.03 0.46 -0.13 1.74
Net Debt 305.93 127.5 240.6 -
BVPS 182.35 207.39 237.48 260.27

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 735.06 674.00 9.06% 858.54 998.44 -14.01% 822.72 871.73 -5.62% 788.32 1,048.58 -24.82%
Expenses 641.04 596.90 7.39% 754.73 882.71 -14.50% 723.70 771.98 -6.25% 699.61 914.12 -23.47%
EBITDA 94.02 77.10 21.95% 103.81 115.73 -10.30% 99.02 99.75 -0.73% 88.71 134.46 -34.02%
EBIDTM 12.79% 11.44% 12.09% 11.59% 12.04% 11.44% 11.25% 12.82%
Other Income 6.31 11.64 -45.79% 10.37 29.76 -65.15% 10.71 22.48 -52.36% 14.45 10.72 34.79%
Interest 15.09 17.83 -15.37% 16.78 22.05 -23.90% 17.49 21.10 -17.11% 18.27 17.47 4.58%
Depreciation 14.86 11.71 26.90% 14.10 8.17 72.58% 12.19 6.44 89.29% 12.22 7.47 63.59%
PBT 70.38 5.24 1,243.13% 90.50 -154.98 - 80.05 94.69 -15.46% 72.67 120.24 -39.56%
Tax 18.39 14.34 28.24% 22.48 -15.14 - 17.79 26.56 -33.02% 20.82 30.08 -30.78%
PAT 51.99 -9.10 - 68.02 -139.84 - 62.26 68.13 -8.62% 51.85 90.16 -42.49%
PATM 7.07% -1.35% 7.92% -14.01% 7.57% 7.82% 6.58% 8.60%
EPS 3.86 -0.68 - 5.05 -10.38 - 4.62 5.06 -8.70% 3.85 6.69 -42.45%

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 765.07 679.30 12.63% 875.43 1,005.57 -12.94% 832.06 902.18 -7.77% 799.03 1,056.95 -24.40%
Expenses 670.19 604.20 10.92% 778.20 903.85 -13.90% 740.02 802.10 -7.74% 715.40 927.54 -22.87%
EBITDA 94.88 75.10 26.34% 97.23 101.72 -4.41% 92.04 100.08 -8.03% 83.63 129.41 -35.38%
EBIDTM 12.40% 11.06% 11.11% 10.12% 11.06% 11.09% 10.47% 12.24%
Other Income 6.64 11.65 -43.00% 11.57 29.86 -61.25% 10.78 22.48 -52.05% 14.44 10.72 34.70%
Interest 15.10 17.84 -15.36% 16.88 22.06 -23.48% 17.79 21.10 -15.69% 18.26 17.47 4.52%
Depreciation 14.96 11.92 25.50% 14.20 8.43 68.45% 12.53 6.36 97.01% 12.42 7.65 62.35%
PBT 71.46 3.03 2,258.42% 77.72 -56.43 - 72.50 95.10 -23.76% 67.39 115.01 -41.41%
Tax 18.28 14.47 26.33% 21.17 -16.31 - 16.91 26.16 -35.36% 20.27 29.89 -32.18%
PAT 53.18 -11.44 - 56.55 -40.12 - 55.59 68.94 -19.36% 47.12 85.12 -44.64%
PATM 6.95% -1.68% 6.46% -3.99% 6.68% 7.64% 5.90% 8.05%
EPS 3.90 -1.72 - 4.01 -9.09 - 3.57 4.66 -23.39% 2.74 5.99 -54.26%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Description TTM Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Net Sales 3,204.64 3,143.58 3,747.38 3,853.30 2,780.53 1,495.51 1,025.79 1,484.21 1,060.41 313.96 349.18 Net Sales Growth -10.80% -16.11% -2.75% 38.58% 85.93% 45.79% -30.89% 39.97% 237.75% -10.09% Cost Of Goods Sold 2,348.01 2,290.33 2,834.01 2,988.08 2,150.05 1,073.78 731.42 1,078.15 756.38 178.12 197.18 Gross Profit 856.63 853.25 913.37 865.22 630.48 421.73 294.36 406.07 304.03 135.84 152.00 GP Margin 26.73% 27.14% 24.37% 22.45% 22.67% 28.20% 28.70% 27.36% 28.67% 43.27% 43.53% Total Expenditure 2,819.08 2,774.94 3,296.06 3,404.75 2,516.39 1,335.33 906.54 1,357.19 1,001.94 321.80 337.39 Power & Fuel Cost - 54.45 59.53 50.46 43.70 33.26 26.48 40.49 29.61 14.61 16.27 % Of Sales - 1.73% 1.59% 1.31% 1.57% 2.22% 2.58% 2.73% 2.79% 4.65% 4.66% Employee Cost - 101.84 78.96 66.29 56.53 45.42 28.48 34.86 32.62 28.73 22.55 % Of Sales - 3.24% 2.11% 1.72% 2.03% 3.04% 2.78% 2.35% 3.08% 9.15% 6.46% Manufacturing Exp. - 229.29 243.19 215.28 188.99 111.39 80.85 155.66 119.54 52.55 55.92 % Of Sales - 7.29% 6.49% 5.59% 6.80% 7.45% 7.88% 10.49% 11.27% 16.74% 16.01% General & Admin Exp. - 35.79 36.49 34.26 27.34 22.74 24.44 24.87 20.97 15.73 18.03 % Of Sales - 1.14% 0.97% 0.89% 0.98% 1.52% 2.38% 1.68% 1.98% 5.01% 5.16% Selling & Distn. Exp. - 8.28 10.17 13.76 3.33 1.80 2.17 4.12 16.50 9.47 8.89 % Of Sales - 0.26% 0.27% 0.36% 0.12% 0.12% 0.21% 0.28% 1.56% 3.02% 2.55% Miscellaneous Exp. - 54.96 33.71 36.62 46.45 46.93 12.70 19.04 26.32 22.59 8.89 % Of Sales - 1.75% 0.90% 0.95% 1.67% 3.14% 1.24% 1.28% 2.48% 7.20% 5.31% EBITDA 385.56 368.64 451.32 448.55 264.14 160.18 119.25 127.02 58.47 -7.84 11.79 EBITDA Margin 12.03% 11.73% 12.04% 11.64% 9.50% 10.71% 11.63% 8.56% 5.51% -2.50% 3.38% Other Income 41.84 47.17 75.73 49.05 44.16 26.23 11.41 18.99 37.42 28.67 30.47 Interest 67.63 70.37 73.14 73.45 80.75 57.27 54.79 65.03 39.38 8.64 4.38 Depreciation 53.37 50.22 29.03 27.10 22.50 18.38 15.73 18.14 16.12 12.97 11.56 PBT 313.60 295.22 424.88 397.05 205.05 110.76 60.14 62.86 40.40 -0.79 26.31 Tax 79.48 73.73 64.06 100.14 55.41 29.25 14.21 -18.57 -31.26 -3.70 7.03 Tax Rate 25.34% 31.03% 41.43% 25.22% 34.90% 46.62% 22.03% 18.85% 36.12% 468.35% 26.72% PAT 234.12 163.91 90.57 296.91 103.37 33.49 50.28 -79.92 -55.30 2.92 19.28 PAT before Minority Interest 234.12 163.91 90.57 296.91 103.37 33.49 50.28 -79.92 -55.30 2.92 19.28 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 7.31% 5.21% 2.42% 7.71% 3.72% 2.24% 4.90% -5.38% -5.21% 0.93% 5.52% PAT Growth 2,403.96% 80.98% -69.50% 187.23% 208.66% -33.39% - - - -84.85% EPS 17.38 12.17 6.72 22.04 7.67 2.49 3.73 -5.93 -4.11 0.22 1.43

Description TTM Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Net Sales 3,271.59 3,185.82 3,867.75 3,853.30 2,779.59 1,467.50 1,520.64 1,766.32 1,559.29 1,268.19 1,713.60 Net Sales Growth -10.22% -17.63% 0.38% 38.63% 89.41% -3.49% -13.91% 13.28% 22.95% -25.99% Cost Of Goods Sold 2,401.75 2,321.03 2,928.85 2,988.08 2,149.93 1,047.58 993.42 1,151.49 935.82 757.24 1,079.80 Gross Profit 869.84 864.79 938.90 865.22 629.65 419.92 527.22 614.83 623.47 510.95 633.80 GP Margin 26.59% 27.14% 24.28% 22.45% 22.65% 28.61% 34.67% 34.81% 39.98% 40.29% 36.99% Total Expenditure 2,903.81 2,837.82 3,435.19 3,404.92 2,516.27 1,310.76 1,458.92 1,665.68 1,488.97 1,379.57 1,654.61 Power & Fuel Cost - 54.48 59.54 50.46 43.70 33.26 34.22 45.58 35.04 27.68 28.59 % Of Sales - 1.71% 1.54% 1.31% 1.57% 2.27% 2.25% 2.58% 2.25% 2.18% 1.67% Employee Cost - 110.31 86.89 66.29 56.53 45.42 210.57 151.77 176.13 239.32 212.13 % Of Sales - 3.46% 2.25% 1.72% 2.03% 3.10% 13.85% 8.59% 11.30% 18.87% 12.38% Manufacturing Exp. - 243.22 260.58 215.28 188.99 111.39 111.41 207.74 185.36 139.90 134.58 % Of Sales - 7.63% 6.74% 5.59% 6.80% 7.59% 7.33% 11.76% 11.89% 11.03% 7.85% General & Admin Exp. - 41.20 38.87 34.26 27.34 22.74 53.39 52.04 52.66 65.72 66.21 % Of Sales - 1.29% 1.00% 0.89% 0.98% 1.55% 3.51% 2.95% 3.38% 5.18% 3.86% Selling & Distn. Exp. - 10.03 12.01 13.93 3.33 1.80 21.05 22.56 26.50 18.96 8.88 % Of Sales - 0.31% 0.31% 0.36% 0.12% 0.12% 1.38% 1.28% 1.70% 1.50% 0.52% Miscellaneous Exp. - 57.55 48.45 36.62 46.45 48.57 34.86 34.50 77.47 130.76 8.88 % Of Sales - 1.81% 1.25% 0.95% 1.67% 3.31% 2.29% 1.95% 4.97% 10.31% 7.26% EBITDA 367.78 348.00 432.56 448.38 263.32 156.74 61.72 100.64 70.32 -111.38 58.99 EBITDA Margin 11.24% 10.92% 11.18% 11.64% 9.47% 10.68% 4.06% 5.70% 4.51% -8.78% 3.44% Other Income 43.43 48.44 75.83 43.36 42.75 25.90 43.78 54.31 45.66 44.52 78.09 Interest 68.03 70.77 73.15 73.46 80.75 57.27 81.20 88.27 65.18 44.06 31.31 Depreciation 54.11 51.07 29.58 27.10 22.50 18.38 29.87 29.13 23.99 50.84 51.52 PBT 289.07 274.60 405.66 391.18 202.82 106.99 -5.57 37.56 26.81 -161.76 54.25 Tax 76.63 71.12 62.89 100.14 55.46 29.19 13.21 -20.51 -33.00 -19.94 22.27 Tax Rate 26.51% 33.90% 25.34% 25.60% 27.34% 27.28% -237.16% -54.61% -174.05% 11.95% 44.76% PAT 212.44 121.71 88.22 288.43 139.12 78.16 -15.00 59.91 45.93 -143.62 26.90 PAT before Minority Interest 212.68 121.55 86.75 288.43 134.63 77.80 -18.79 57.96 51.93 -147.23 27.43 Minority Interest 0.24 0.16 1.47 0.00 4.49 0.36 3.79 1.95 -6.00 3.61 -0.53 PAT Margin 6.49% 3.82% 2.28% 7.49% 5.01% 5.33% -0.99% 3.39% 2.95% -11.32% 1.57% PAT Growth 107.26% 37.96% -69.41% 107.32% 77.99% - - 30.44% - - EPS 15.77 9.04 6.55 21.41 10.33 5.80 -1.11 4.45 3.41 -10.66 2.00

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Shareholder's Funds 2,482.97 2,293.28 2,228.22 962.92 869.76 871.65 816.36 896.06 889.87 894.83 Share Capital 26.93 26.93 26.93 23.91 23.91 23.88 23.12 23.11 23.10 23.08 Total Reserves 2,404.38 2,266.13 2,201.29 939.01 845.84 846.11 790.74 869.26 864.03 870.54 Non-Current Liabilities 828.10 531.33 556.50 429.67 337.65 502.08 499.26 179.98 126.03 172.95 Secured Loans 169.95 24.93 37.36 49.63 32.86 102.06 147.49 85.71 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 20.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 501.03 401.15 292.01 238.85 213.59 213.69 211.91 72.98 96.24 137.57 Current Liabilities 1,253.51 1,332.01 819.83 916.47 698.36 254.22 325.92 733.43 383.45 144.56 Trade Payables 320.30 227.26 319.44 323.01 229.60 133.84 212.01 335.32 37.00 36.53 Other Current Liabilities 316.08 338.49 363.95 365.62 374.77 111.25 41.07 85.08 111.70 51.48 Short Term Borrowings 351.91 491.99 16.51 166.84 58.85 0.00 63.31 206.11 99.16 43.37 Short Term Provisions 265.22 274.27 119.93 61.01 35.14 9.12 9.53 106.92 135.59 13.18 Total Liabilities 4,564.58 4,156.62 3,604.55 2,309.06 1,905.77 1,627.95 1,641.54 1,809.47 1,399.35 1,212.34 Net Block 1,225.06 971.28 740.04 723.57 669.98 567.22 577.69 581.35 302.03 307.23 Gross Block 1,469.09 1,164.59 905.40 861.82 786.79 665.94 669.05 654.72 335.34 328.10 Accumulated Depreciation 237.89 187.17 159.22 132.10 110.66 92.58 85.22 67.23 33.31 20.86 Non Current Assets 2,410.78 1,895.93 1,534.58 1,155.23 1,054.70 1,030.36 985.33 874.04 818.79 846.61 Capital Work in Progress 192.42 123.24 174.71 12.28 0.00 16.29 0.00 18.64 15.98 4.88 Non Current Investment 421.83 230.31 212.93 44.53 60.13 132.71 104.18 158.21 383.57 363.09 Long Term Loans & Adv. 546.38 470.42 344.01 307.70 278.65 254.15 247.77 106.23 114.90 168.30 Other Non Current Assets 21.90 92.47 54.68 58.95 37.73 51.77 47.48 1.40 2.32 3.11 Current Assets 2,123.39 2,146.40 2,069.97 1,153.91 851.07 597.60 656.20 935.43 580.55 365.73 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 563.33 495.84 523.72 461.37 312.24 198.87 205.74 315.83 132.61 150.07 Sundry Debtors 620.93 670.57 532.52 279.14 198.73 139.35 158.84 185.52 104.98 110.06 Cash & Bank 295.34 459.49 607.01 85.37 39.43 92.27 37.39 23.07 15.17 16.15 Other Current Assets 643.79 89.78 24.39 13.12 300.67 167.10 254.22 411.00 327.79 89.45 Short Term Loans & Adv. 585.05 430.72 382.33 314.90 255.10 134.18 207.34 351.64 306.04 78.13 Net Current Assets 869.88 814.39 1,250.14 237.44 152.71 343.38 330.28 202.00 197.10 221.17 Total Assets 4,534.17 4,042.33 3,604.55 2,309.14 1,905.77 1,627.96 1,641.53 1,809.47 1,399.34 1,212.34

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Shareholder's Funds 2,455.76 2,294.65 2,218.33 963.55 842.13 840.55 766.61 816.18 854.67 967.57 Share Capital 26.93 26.93 26.93 23.91 23.91 23.88 23.12 23.11 23.10 23.08 Total Reserves 2,377.17 2,267.50 2,191.40 939.64 818.21 815.01 740.99 789.38 828.83 943.29 Non-Current Liabilities 836.39 530.58 556.50 429.67 742.39 901.21 868.60 660.67 362.35 262.05 Secured Loans 169.95 24.93 37.36 49.63 396.21 434.48 552.46 562.53 167.39 140.96 Unsecured Loans 0.00 0.00 0.00 0.00 99.37 102.91 0.00 13.06 19.86 18.82 Long Term Provisions 501.98 402.05 292.01 238.85 213.59 213.69 211.91 72.98 96.47 3.40 Current Liabilities 1,263.53 1,345.63 819.84 916.55 1,277.01 904.29 726.21 1,298.37 1,625.06 1,386.54 Trade Payables 329.98 235.01 319.44 323.08 438.73 397.99 351.15 535.16 306.31 442.49 Other Current Liabilities 307.92 338.48 363.96 365.62 411.64 211.46 100.34 251.99 625.41 622.26 Short Term Borrowings 351.91 491.99 16.51 166.84 312.46 216.74 176.27 294.40 389.21 182.06 Short Term Provisions 273.72 280.15 119.93 61.01 114.18 78.10 98.45 216.82 304.13 139.72 Total Liabilities 4,556.70 4,172.04 3,594.67 2,309.77 2,861.67 2,646.05 2,440.29 2,847.84 2,905.64 2,694.97 Net Block 1,270.33 983.59 740.02 723.54 957.63 863.07 863.41 926.72 949.28 924.85 Gross Block 1,516.33 1,178.34 904.30 860.74 1,179.00 1,053.33 1,029.49 1,142.44 1,108.57 1,017.00 Accumulated Depreciation 240.91 189.66 159.19 132.10 216.28 185.18 160.99 185.47 154.20 92.15 Non Current Assets 2,313.83 1,902.37 1,518.07 1,141.33 1,349.50 1,241.48 1,195.75 1,166.52 1,197.35 1,082.52 Capital Work in Progress 191.69 121.98 173.56 12.28 61.11 41.32 0.00 35.66 27.10 15.46 Non Current Investment 279.10 224.62 197.59 31.80 30.15 31.28 28.88 86.98 82.85 81.91 Long Term Loans & Adv. 547.62 471.08 344.01 306.55 254.66 245.57 247.77 107.56 118.21 31.46 Other Non Current Assets 21.90 92.89 54.68 58.95 37.73 52.03 47.48 1.40 11.69 20.63 Current Assets 2,241.70 2,269.67 2,076.60 1,168.52 1,512.17 1,404.58 1,244.54 1,681.31 1,708.29 1,612.45 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 588.16 523.33 523.72 461.37 503.86 385.19 376.29 521.26 441.54 537.28 Sundry Debtors 629.75 670.85 532.52 279.14 232.57 567.21 252.32 344.07 276.14 234.01 Cash & Bank 317.19 467.40 609.10 99.98 42.06 124.04 56.06 119.47 73.72 46.20 Other Current Assets 706.60 91.45 28.93 13.12 733.69 328.14 559.86 696.52 916.89 794.95 Short Term Loans & Adv. 647.11 516.64 382.33 314.90 674.17 287.85 477.89 629.70 884.54 768.75 Net Current Assets 978.17 924.04 1,256.76 251.98 235.16 500.29 518.33 382.95 83.22 225.91 Total Assets 4,555.53 4,172.04 3,594.67 2,309.85 2,861.67 2,646.06 2,440.29 2,847.83 2,905.64 2,694.97

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Cash From Operating Activity 311.28 -101.15 92.80 61.97 34.94 225.70 295.81 -93.73 28.43 -27.67 PBT 222.82 141.31 397.05 158.77 62.74 64.49 -98.50 -86.56 -0.79 26.31 Adjustment 169.34 315.91 80.84 149.44 135.21 59.10 212.83 168.98 7.95 -0.10 Changes in Working Capital -11.74 -462.66 -284.48 -180.28 -152.47 101.14 189.89 -174.21 21.77 -52.66 Cash after chg. in Working capital 380.42 -5.44 193.41 127.93 45.48 224.73 304.22 -91.79 28.93 -26.44 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -69.14 -95.71 -100.61 -65.95 -10.55 0.97 -8.41 -1.94 -0.51 -1.23 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -125.88 -580.89 -531.08 -77.47 -58.62 -38.95 -142.63 22.17 -66.92 2.84 Net Fixed Assets -373.68 -207.72 -206.01 -87.31 -104.56 -13.18 4.31 -322.04 -18.34 -22.52 Net Investments -191.52 -17.38 -168.40 15.60 72.58 -28.53 54.03 225.36 -20.48 -130.28 Others 439.32 -355.79 -156.67 -5.76 -26.64 2.76 -200.97 118.85 -28.10 155.64 Cash from Financing Activity -50.98 372.51 724.38 49.96 -22.05 -146.92 -145.14 70.18 36.54 27.95 Net Cash Inflow / Outflow 134.42 -309.53 286.10 34.46 -45.74 39.83 8.04 -1.37 -1.96 3.11 Opening Cash & Equivalents 17.36 326.89 40.79 6.33 52.07 10.30 2.26 3.63 4.69 1.57 Closing Cash & Equivalent 151.78 17.36 326.89 40.79 6.33 50.13 10.30 2.26 2.73 4.69

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Cash From Operating Activity 322.43 -97.40 85.78 40.92 54.59 67.69 153.73 -124.39 -121.07 -177.11 PBT 193.94 149.50 386.28 181.18 28.96 -5.58 -56.65 -55.49 -166.85 49.70 Adjustment 196.20 307.82 89.24 78.84 172.53 106.50 208.74 114.92 110.96 64.19 Changes in Working Capital 1.81 -458.94 -289.13 -153.15 -135.16 -34.61 11.83 -162.77 -44.86 -280.40 Cash after chg. in Working capital 391.95 -1.62 186.39 106.87 66.33 66.32 163.93 -103.35 -100.75 -166.51 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -69.52 -95.78 -100.61 -65.95 -11.74 1.37 -10.19 -21.04 -20.31 -10.60 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -133.44 -578.81 -536.86 -61.35 -69.48 -72.07 -9.55 -48.39 -25.57 68.34 Net Fixed Assets -373.68 -207.72 -206.01 -87.31 -104.56 -13.18 4.31 -322.04 -18.34 -22.52 Net Investments -191.52 -17.38 -168.40 15.60 72.58 -28.53 54.03 225.36 -20.48 -130.28 Others 431.76 -353.71 -162.45 10.36 -37.50 -30.36 -67.89 48.29 13.25 221.14 Cash from Financing Activity -51.68 372.35 724.38 66.53 -52.71 43.22 -227.08 213.65 190.52 111.39 Net Cash Inflow / Outflow 137.31 -303.86 273.30 46.09 -67.60 38.84 -82.90 40.87 43.89 2.61 Opening Cash & Equivalents 25.27 328.98 55.42 8.96 79.69 28.97 98.65 58.40 33.82 55.74 Closing Cash & Equivalent 161.86 25.27 328.98 55.41 8.96 79.69 28.97 98.65 58.40 33.82

Financial Ratios

Consolidated /

Standalone

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Book Value (Rs.) 180.57 170.30 165.48 80.53 72.74 72.87 70.40 77.24 76.81 77.43 ROA 3.75% 2.33% 10.04% 4.90% 1.90% 3.08% -4.63% -3.45% 0.22% 1.74% ROE 6.94% 4.01% 18.61% 11.28% 3.85% 5.97% -9.37% -6.22% 0.33% 2.18% ROCE 10.57% 8.90% 26.83% 21.57% 12.10% 11.91% -3.01% -4.32% 0.82% 3.36% Fixed Asset Turnover 2.39 3.62 4.36 3.37 2.06 1.54 2.24 2.14 0.95 1.16 Receivable days 74.98 58.59 38.44 31.37 41.26 53.05 42.34 50.00 123.98 89.46 Inventory Days 61.49 49.65 46.66 50.78 62.37 71.99 64.13 77.18 162.99 142.36 Payable days 43.63 35.21 39.24 46.91 61.77 86.30 74.91 69.65 47.17 42.15 Cash Conversion Cycle 92.84 73.04 45.86 35.24 41.86 38.74 31.57 57.52 239.80 189.66 Total Debt/Equity 0.21 0.23 0.03 0.26 0.16 0.12 0.26 0.34 0.11 0.05 Interest Cover 4.38 3.11 6.41 2.97 2.10 2.18 -0.51 -1.20 0.91 7.00

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Book Value (Rs.) 178.54 170.40 164.75 80.58 70.43 70.27 66.10 70.33 73.76 83.73 ROA 2.79% 2.23% 9.77% 5.21% 2.83% -0.74% -1.36% -0.78% -5.25% 1.02% ROE 5.17% 3.84% 18.13% 14.91% 9.26% -2.34% -4.57% -2.70% -16.16% 2.87% ROCE 9.08% 8.72% 26.42% 18.58% 9.69% 4.75% 1.98% 0.81% -8.72% 6.42% Fixed Asset Turnover 2.36 3.71 4.37 2.73 1.31 1.46 1.63 1.52 1.20 1.71 Receivable days 74.50 56.78 38.44 33.60 99.46 98.36 61.62 66.16 73.23 48.68 Inventory Days 63.67 49.41 46.66 63.37 110.56 91.39 92.74 102.71 140.50 131.54 Payable days 44.42 34.55 39.24 64.67 145.77 137.62 97.39 95.80 104.45 91.41 Cash Conversion Cycle 93.75 71.64 45.86 32.30 64.26 52.12 56.97 73.07 109.27 88.81 Total Debt/Equity 0.22 0.23 0.03 0.26 1.02 1.01 0.96 1.10 0.73 0.38 Interest Cover 3.72 3.05 6.29 3.35 2.87 0.93 0.36 0.19 -2.79 2.59

Top Investors:

hdfc large and mid cap fund

hsbc mutual fund - hsbc aggressive hybrid fund

mirae asset infrastructure fund

the master trust bank of japan, ltd as trustee of hsbc india infrastructure equ

llp

investor education and protection fund (iepf)

Annual Reports:

News Update:

Titagarh Rail Systems signs MoU with Siemens
27th Aug 2026, 10:47 AM

The MoU is to jointly evaluate and explore international metro rolling stock opportunities, on a case-to-case basis
Read More
Titagarh Rail Systems inaugurates new Design & Operations Centre in West Bengal
22nd Aug 2026, 10:12 AM

This significant step marks an important step in Titagarh’s journey towards strengthening its in-house design, engineering and operational capabilities
Read More
Titagarh Rail Systems gets Indian Railways' vendor status for traction motor supply
20th Aug 2026, 14:59 PM

The said approval is expected to further strengthen the company's presence in the locomotive equipment segment
Read More
Titagarh Rail Systems’ arm launches fifth Diving Support Craft A24 (YARD 329) for Indian Navy
3rd Aug 2026, 10:44 AM

The vessel is the fifth and final ship in a series of five DSCs being constructed under the Government of India's Make in India initiative
Read More
Titagarh Rail Systems inks pact with TuTr Hyperloop
3rd Jul 2026, 09:14 AM

The collaboration aims to develop first-of-its-kind Hyperloop technology enabled freight transportation solutions from India
Read More

Titagarh Rail Systems Ltd.

Railways Wagons/Coaches

BSE: 532966 | NSE: TITAGARH

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update:

Titagarh Rail Systems Ltd.

Railways Wagons/Coaches

BSE: 532966 | NSE: TITAGARH

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update: