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

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

11,364.45
59.35
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

11,569.12
0.12%
4.53

Chart

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

Revenue CAGR (%)

10 Years
5 Years
3 Years

14.96
20.53
11.64

EBITDA CAGR (%)

10 Years
5 Years
3 Years

31.25
47.61
10.44

PAT CAGR (%)

10 Years
5 Years
3 Years

-
43.26
25.73

P:E (Median)

8 Years
5 Years
3 Years

47.43
50.64
53.01

P:BV (Average)

8 Years
5 Years
3 Years

3.13
4.51
5.83

EV:EBITDA (Average)

8 Years
5 Years
3 Years

15.70
23.04
28.08

Earnings Forecasts:

(Updated: 22-08-2026)

Description 2026 2027 2028 2029
Adj EPS 27 10 52.43 14.92
P/E Ratio 31.24 84.36 16.09 56.54
Revenue 40.89 25.49 24.75 3327.56
EBITDA 4630.61 6809.77 7438.1 364.84
Net Income 538.2 781.19 900.1 189.49
ROA 280.05 452.92 488.1 10.29
P/B Ratio 5.26 5.48 - 4.21
ROE 4.19 3.62 3.3 7.41
FCFF 10.76 15.37 14.2 -9.3
FCFF Yield -122.43 -13.2 -238.8 -0.08
Net Debt -1 -0.11 -1.96 50
BVPS 160.45 154 - 200.35

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 735.06 679.30 8.21% 858.54 1,003.64 -14.46% 822.72 902.18 -8.81% 788.32 1,056.95 -25.42%
Expenses 641.04 604.05 6.12% 754.73 896.01 -15.77% 723.70 802.10 -9.77% 699.61 927.54 -24.57%
EBITDA 94.02 75.25 24.94% 103.81 107.63 -3.55% 99.02 100.08 -1.06% 88.71 129.41 -31.45%
EBIDTM 12.79% 11.08% 12.09% 10.72% 12.04% 11.09% 11.25% 12.24%
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 11.92 24.66% 14.10 8.35 68.86% 12.19 6.36 91.67% 12.22 7.65 59.74%
PBT 70.38 57.14 23.17% 90.50 106.99 -15.41% 80.05 95.10 -15.83% 72.67 115.01 -36.81%
Tax 18.39 14.39 27.80% 22.48 28.93 -22.30% 17.79 26.16 -32.00% 20.82 29.89 -30.34%
PAT 51.99 42.75 21.61% 68.02 78.06 -12.86% 62.26 68.94 -9.69% 51.85 85.12 -39.09%
PATM 7.07% 6.29% 7.92% 7.78% 7.57% 7.64% 6.58% 8.05%
EPS 3.86 3.17 21.77% 5.05 5.80 -12.93% 4.62 5.12 -9.77% 3.85 6.32 -39.08%

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 56.99 25.39% 77.72 101.09 -23.12% 72.50 95.10 -23.76% 67.39 115.01 -41.41%
Tax 18.28 14.47 26.33% 21.17 27.48 -22.96% 16.91 26.16 -35.36% 20.27 29.89 -32.18%
PAT 53.18 42.52 25.07% 56.55 73.61 -23.18% 55.59 68.94 -19.36% 47.12 85.12 -44.64%
PATM 6.95% 6.26% 6.46% 7.32% 6.68% 7.64% 5.90% 8.05%
EPS 3.90 2.29 70.31% 4.01 4.79 -16.28% 3.57 4.66 -23.39% 2.74 5.99 -54.26%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 3,204.64 3,865.82 3,853.30 2,780.53 1,495.51 1,025.79 1,484.21 1,060.41 313.96 349.18 312.05 Net Sales Growth -12.01% 0.32% 38.58% 85.93% 45.79% -30.89% 39.97% 237.75% -10.09% 11.90% Cost Of Goods Sold 2,348.01 2,928.85 2,988.08 2,150.05 1,073.78 731.42 1,078.15 756.38 178.12 197.18 197.04 Gross Profit 856.63 936.97 865.22 630.48 421.73 294.36 406.07 304.03 135.84 152.00 115.01 GP Margin 26.73% 24.24% 22.45% 22.67% 28.20% 28.70% 27.36% 28.67% 43.27% 43.53% 36.86% Total Expenditure 2,819.08 3,427.35 3,404.75 2,516.39 1,335.33 906.54 1,357.19 1,001.94 321.80 337.39 317.25 Power & Fuel Cost - 59.54 50.46 43.70 33.26 26.48 40.49 29.61 14.61 16.27 16.37 % Of Sales - 1.54% 1.31% 1.57% 2.22% 2.58% 2.73% 2.79% 4.65% 4.66% 5.25% Employee Cost - 85.89 66.29 56.53 45.42 28.48 34.86 32.62 28.73 22.55 20.01 % Of Sales - 2.22% 1.72% 2.03% 3.04% 2.78% 2.35% 3.08% 9.15% 6.46% 6.41% Manufacturing Exp. - 260.29 215.28 188.99 111.39 80.85 155.66 119.54 52.55 55.92 50.31 % Of Sales - 6.73% 5.59% 6.80% 7.45% 7.88% 10.49% 11.27% 16.74% 16.01% 16.12% General & Admin Exp. - 38.65 34.26 27.34 22.74 24.44 24.87 20.97 15.73 18.03 16.38 % Of Sales - 1.00% 0.89% 0.98% 1.52% 2.38% 1.68% 1.98% 5.01% 5.16% 5.25% Selling & Distn. Exp. - 12.01 13.76 3.33 1.80 2.17 4.12 16.50 9.47 8.89 3.80 % Of Sales - 0.31% 0.36% 0.12% 0.12% 0.21% 0.28% 1.56% 3.02% 2.55% 1.22% Miscellaneous Exp. - 42.12 36.62 46.45 46.93 12.70 19.04 26.32 22.59 18.55 3.80 % Of Sales - 1.09% 0.95% 1.67% 3.14% 1.24% 1.28% 2.48% 7.20% 5.31% 4.28% EBITDA 385.56 438.47 448.55 264.14 160.18 119.25 127.02 58.47 -7.84 11.79 -5.20 EBITDA Margin 12.03% 11.34% 11.64% 9.50% 10.71% 11.63% 8.56% 5.51% -2.50% 3.38% -1.67% Other Income 41.84 75.73 49.05 44.16 26.23 11.41 18.99 37.42 28.67 30.47 28.39 Interest 67.63 73.14 73.45 80.75 57.27 54.79 65.03 39.38 8.64 4.38 5.42 Depreciation 53.37 29.50 27.10 22.50 18.38 15.73 18.14 16.12 12.97 11.56 12.13 PBT 313.60 411.56 397.05 205.05 110.76 60.14 62.86 40.40 -0.79 26.31 5.64 Tax 79.48 108.13 100.14 55.41 29.25 14.21 -18.57 -31.26 -3.70 7.03 -4.92 Tax Rate 25.34% 26.27% 25.22% 34.90% 46.62% 22.03% 18.85% 36.12% 468.35% 26.72% 35.40% PAT 234.12 303.43 296.91 103.37 33.49 50.28 -79.92 -55.30 2.92 19.28 -8.98 PAT before Minority Interest 234.12 303.43 296.91 103.37 33.49 50.28 -79.92 -55.30 2.92 19.28 -8.98 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% 7.85% 7.71% 3.72% 2.24% 4.90% -5.38% -5.21% 0.93% 5.52% -2.88% PAT Growth -14.83% 2.20% 187.23% 208.66% -33.39% - - - -84.85% - EPS 17.38 22.53 22.04 7.67 2.49 3.73 -5.93 -4.11 0.22 1.43 -0.67

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 3,271.59 3,867.75 3,853.30 2,779.59 1,467.50 1,520.64 1,766.32 1,559.29 1,268.19 1,713.60 959.17 Net Sales Growth -10.22% 0.38% 38.63% 89.41% -3.49% -13.91% 13.28% 22.95% -25.99% 78.65% Cost Of Goods Sold 2,401.75 2,928.85 2,988.08 2,149.93 1,047.58 993.42 1,151.49 935.82 757.24 1,079.80 555.06 Gross Profit 869.84 938.90 865.22 629.65 419.92 527.22 614.83 623.47 510.95 633.80 404.11 GP Margin 26.59% 24.28% 22.45% 22.65% 28.61% 34.67% 34.81% 39.98% 40.29% 36.99% 42.13% Total Expenditure 2,903.81 3,435.19 3,404.92 2,516.27 1,310.76 1,458.92 1,665.68 1,488.97 1,379.57 1,654.61 930.65 Power & Fuel Cost - 59.54 50.46 43.70 33.26 34.22 45.58 35.04 27.68 28.59 27.58 % Of Sales - 1.54% 1.31% 1.57% 2.27% 2.25% 2.58% 2.25% 2.18% 1.67% 2.88% Employee Cost - 86.89 66.29 56.53 45.42 210.57 151.77 176.13 239.32 212.13 168.16 % Of Sales - 2.25% 1.72% 2.03% 3.10% 13.85% 8.59% 11.30% 18.87% 12.38% 17.53% Manufacturing Exp. - 260.58 215.28 188.99 111.39 111.41 207.74 185.36 139.90 134.58 80.84 % Of Sales - 6.74% 5.59% 6.80% 7.59% 7.33% 11.76% 11.89% 11.03% 7.85% 8.43% General & Admin Exp. - 38.87 34.26 27.34 22.74 53.39 52.04 52.66 65.72 66.21 51.29 % Of Sales - 1.00% 0.89% 0.98% 1.55% 3.51% 2.95% 3.38% 5.18% 3.86% 5.35% Selling & Distn. Exp. - 12.01 13.93 3.33 1.80 21.05 22.56 26.50 18.96 8.88 5.32 % Of Sales - 0.31% 0.36% 0.12% 0.12% 1.38% 1.28% 1.70% 1.50% 0.52% 0.55% Miscellaneous Exp. - 48.45 36.62 46.45 48.57 34.86 34.50 77.47 130.76 124.42 5.32 % Of Sales - 1.25% 0.95% 1.67% 3.31% 2.29% 1.95% 4.97% 10.31% 7.26% 4.42% EBITDA 367.78 432.56 448.38 263.32 156.74 61.72 100.64 70.32 -111.38 58.99 28.52 EBITDA Margin 11.24% 11.18% 11.64% 9.47% 10.68% 4.06% 5.70% 4.51% -8.78% 3.44% 2.97% Other Income 43.43 75.83 43.36 42.75 25.90 43.78 54.31 45.66 44.52 78.09 42.74 Interest 68.03 73.15 73.46 80.75 57.27 81.20 88.27 65.18 44.06 31.31 17.29 Depreciation 54.11 29.58 27.10 22.50 18.38 29.87 29.13 23.99 50.84 51.52 45.92 PBT 289.07 405.66 391.18 202.82 106.99 -5.57 37.56 26.81 -161.76 54.25 8.05 Tax 76.63 106.68 100.14 55.46 29.19 13.21 -20.51 -33.00 -19.94 22.27 6.71 Tax Rate 26.51% 26.30% 25.60% 27.34% 27.28% -237.16% -54.61% -174.05% 11.95% 44.76% -52.38% PAT 212.44 276.53 288.43 139.12 78.16 -15.00 59.91 45.93 -143.62 26.90 -16.46 PAT before Minority Interest 212.68 275.06 288.43 134.63 77.80 -18.79 57.96 51.93 -147.23 27.43 -19.52 Minority Interest 0.24 1.47 0.00 4.49 0.36 3.79 1.95 -6.00 3.61 -0.53 3.06 PAT Margin 6.49% 7.15% 7.49% 5.01% 5.33% -0.99% 3.39% 2.95% -11.32% 1.57% -1.72% PAT Growth -21.37% -4.13% 107.32% 77.99% - - 30.44% - - - EPS 15.77 20.53 21.41 10.33 5.80 -1.11 4.45 3.41 -10.66 2.00 -1.22

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 2,519.74 2,228.22 962.92 869.76 871.65 816.36 896.06 889.87 894.83 874.72 Share Capital 26.93 26.93 23.91 23.91 23.88 23.12 23.11 23.10 23.08 23.08 Total Reserves 2,492.59 2,201.29 939.01 845.84 846.11 790.74 869.26 864.03 870.54 851.10 Non-Current Liabilities 575.19 556.50 429.67 337.65 502.08 499.26 179.98 126.03 172.95 38.68 Secured Loans 24.93 37.36 49.63 32.86 102.06 147.49 85.71 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 20.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 401.15 292.01 238.85 213.59 213.69 211.91 72.98 96.24 137.57 3.34 Current Liabilities 1,187.23 819.83 916.47 698.36 254.22 325.92 733.43 383.45 144.56 95.72 Trade Payables 234.34 319.44 323.01 229.60 133.84 212.01 335.32 37.00 36.53 36.15 Other Current Liabilities 338.51 363.95 365.62 374.77 111.25 41.07 85.08 111.70 51.48 30.07 Short Term Borrowings 491.99 16.51 166.84 58.85 0.00 63.31 206.11 99.16 43.37 13.31 Short Term Provisions 122.39 119.93 61.01 35.14 9.12 9.53 106.92 135.59 13.18 16.19 Total Liabilities 4,282.16 3,604.55 2,309.06 1,905.77 1,627.95 1,641.54 1,809.47 1,399.35 1,212.34 1,009.12 Net Block 982.94 740.04 723.57 669.98 567.22 577.69 581.35 302.03 307.23 299.09 Gross Block 1,177.82 905.40 861.82 786.79 665.94 669.05 654.72 335.34 328.10 308.61 Accumulated Depreciation 188.74 159.22 132.10 110.66 92.58 85.22 67.23 33.31 20.86 9.52 Non Current Assets 2,020.89 1,534.58 1,155.23 1,054.70 1,030.36 985.33 874.04 818.79 846.61 574.46 Capital Work in Progress 123.24 174.71 12.28 0.00 16.29 0.00 18.64 15.98 4.88 1.85 Non Current Investment 343.04 212.93 44.53 60.13 132.71 104.18 158.21 383.57 363.09 232.81 Long Term Loans & Adv. 470.56 344.01 307.70 278.65 254.15 247.77 106.23 114.90 168.30 37.00 Other Non Current Assets 92.90 54.68 58.95 37.73 51.77 47.48 1.40 2.32 3.11 3.71 Current Assets 2,261.27 2,069.97 1,153.91 851.07 597.60 656.20 935.43 580.55 365.73 434.67 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 523.33 523.72 461.37 312.24 198.87 205.74 315.83 132.61 150.07 138.81 Sundry Debtors 671.09 532.52 279.14 198.73 139.35 158.84 185.52 104.98 110.06 71.48 Cash & Bank 459.49 607.01 85.37 39.43 92.27 37.39 23.07 15.17 16.15 148.70 Other Current Assets 607.36 24.39 13.12 45.57 167.10 254.22 411.00 327.79 89.45 75.68 Short Term Loans & Adv. 516.44 382.33 314.90 255.10 134.18 207.34 351.64 306.04 78.13 62.79 Net Current Assets 1,074.04 1,250.14 237.44 152.71 343.38 330.28 202.00 197.10 221.17 338.94 Total Assets 4,282.16 3,604.55 2,309.14 1,905.77 1,627.96 1,641.53 1,809.47 1,399.34 1,212.34 1,009.13

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 2,482.98 2,218.33 963.55 842.13 840.55 766.61 816.18 854.67 967.57 952.59 Share Capital 26.93 26.93 23.91 23.91 23.88 23.12 23.11 23.10 23.08 23.08 Total Reserves 2,455.83 2,191.40 939.64 818.21 815.01 740.99 789.38 828.83 943.29 928.97 Non-Current Liabilities 573.85 556.50 429.67 742.39 901.21 868.60 660.67 362.35 262.05 385.26 Secured Loans 24.93 37.36 49.63 396.21 434.48 552.46 562.53 167.39 140.96 133.63 Unsecured Loans 0.00 0.00 0.00 99.37 102.91 0.00 13.06 19.86 18.82 30.43 Long Term Provisions 401.53 292.01 238.85 213.59 213.69 211.91 72.98 96.47 3.40 92.79 Current Liabilities 1,188.09 819.84 916.55 1,277.01 904.29 726.21 1,298.37 1,625.06 1,386.54 1,261.41 Trade Payables 234.99 319.44 323.08 438.73 397.99 351.15 535.16 306.31 442.49 377.78 Other Current Liabilities 338.48 363.96 365.62 411.64 211.46 100.34 251.99 625.41 622.26 733.26 Short Term Borrowings 491.99 16.51 166.84 312.46 216.74 176.27 294.40 389.21 182.06 52.27 Short Term Provisions 122.63 119.93 61.01 114.18 78.10 98.45 216.82 304.13 139.72 98.10 Total Liabilities 4,246.10 3,594.67 2,309.77 2,861.67 2,646.05 2,440.29 2,847.84 2,905.64 2,694.97 2,678.19 Net Block 983.59 740.02 723.54 957.63 863.07 863.41 926.72 949.28 924.85 977.27 Gross Block 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 1,022.44 Accumulated Depreciation 189.66 159.19 132.10 216.28 185.18 160.99 185.47 154.20 92.15 45.17 Non Current Assets 1,976.43 1,518.07 1,141.33 1,349.50 1,241.48 1,195.75 1,166.52 1,197.35 1,082.52 1,062.43 Capital Work in Progress 121.98 173.56 12.28 61.11 41.32 0.00 35.66 27.10 15.46 13.18 Non Current Investment 299.20 197.59 31.80 30.15 31.28 28.88 86.98 82.85 81.91 21.33 Long Term Loans & Adv. 470.56 344.01 306.55 254.66 245.57 247.77 107.56 118.21 31.46 32.94 Other Non Current Assets 92.89 54.68 58.95 37.73 52.03 47.48 1.40 11.69 20.63 17.72 Current Assets 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 1,615.76 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 523.33 523.72 461.37 503.86 385.19 376.29 521.26 441.54 537.28 716.24 Sundry Debtors 670.85 532.52 279.14 232.57 567.21 252.32 344.07 276.14 234.01 229.92 Cash & Bank 467.40 609.10 99.98 42.06 124.04 56.06 119.47 73.72 46.20 203.73 Other Current Assets 608.09 28.93 13.12 59.52 328.14 559.86 696.52 916.89 794.95 465.87 Short Term Loans & Adv. 516.64 382.33 314.90 674.17 287.85 477.89 629.70 884.54 768.75 312.47 Net Current Assets 1,081.58 1,256.76 251.98 235.16 500.29 518.33 382.95 83.22 225.91 354.35 Total Assets 4,246.10 3,594.67 2,309.85 2,861.67 2,646.06 2,440.29 2,847.83 2,905.64 2,694.97 2,678.19

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity -101.17 92.80 61.97 34.94 225.70 295.81 -93.73 28.43 -27.67 -44.24 PBT 411.56 397.05 158.77 62.74 64.49 -98.50 -86.56 -0.79 26.31 -13.90 Adjustment 45.66 80.84 149.44 135.21 59.10 212.83 168.98 7.95 -0.10 -10.50 Changes in Working Capital -462.68 -284.48 -180.28 -152.47 101.14 189.89 -174.21 21.77 -52.66 -12.96 Cash after chg. in Working capital -5.46 193.41 127.93 45.48 224.73 304.22 -91.79 28.93 -26.44 -37.37 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -95.71 -100.61 -65.95 -10.55 0.97 -8.41 -1.94 -0.51 -1.23 -6.87 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 -580.87 -531.08 -77.47 -58.62 -38.95 -142.63 22.17 -66.92 2.84 -75.01 Net Fixed Assets -220.95 -206.01 -87.31 -104.56 -13.18 4.31 -322.04 -18.34 -22.52 -110.08 Net Investments -130.11 -168.40 15.60 72.58 -28.53 54.03 225.36 -20.48 -130.28 -17.14 Others -229.81 -156.67 -5.76 -26.64 2.76 -200.97 118.85 -28.10 155.64 52.21 Cash from Financing Activity 372.51 724.38 49.96 -22.05 -146.92 -145.14 70.18 36.54 27.95 115.08 Net Cash Inflow / Outflow -309.53 286.10 34.46 -45.74 39.83 8.04 -1.37 -1.96 3.11 -4.16 Opening Cash & Equivalents 326.89 40.79 6.33 52.07 10.30 2.26 3.63 4.69 1.57 6.10 Closing Cash & Equivalent 17.36 326.89 40.79 6.33 50.13 10.30 2.26 2.73 4.69 1.94

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity -97.41 85.78 40.92 54.59 67.69 153.73 -124.39 -121.07 -177.11 -154.54 PBT 381.60 386.28 181.18 28.96 -5.58 -56.65 -55.49 -166.85 49.70 -8.96 Adjustment 75.72 89.24 78.84 172.53 106.50 208.74 114.92 110.96 64.19 34.91 Changes in Working Capital -458.96 -289.13 -153.15 -135.16 -34.61 11.83 -162.77 -44.86 -280.40 -162.44 Cash after chg. in Working capital -1.64 186.39 106.87 66.33 66.32 163.93 -103.35 -100.75 -166.51 -136.49 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -95.77 -100.61 -65.95 -11.74 1.37 -10.19 -21.04 -20.31 -10.60 -18.05 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 -578.80 -536.86 -61.35 -69.48 -72.07 -9.55 -48.39 -25.57 68.34 -67.52 Net Fixed Assets -220.95 -206.01 -87.31 -104.56 -13.18 4.31 -322.04 -18.34 -22.52 -110.08 Net Investments -130.11 -168.40 15.60 72.58 -28.53 54.03 225.36 -20.48 -130.28 -17.14 Others -227.74 -162.45 10.36 -37.50 -30.36 -67.89 48.29 13.25 221.14 59.70 Cash from Financing Activity 372.35 724.38 66.53 -52.71 43.22 -227.08 213.65 190.52 111.39 222.78 Net Cash Inflow / Outflow -303.86 273.30 46.09 -67.60 38.84 -82.90 40.87 43.89 2.61 0.71 Opening Cash & Equivalents 328.98 55.42 8.96 79.69 28.97 98.65 58.40 33.82 55.74 44.88 Closing Cash & Equivalent 25.27 328.98 55.41 8.96 79.69 28.97 98.65 58.40 33.82 56.17

Financial Ratios

Consolidated /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 187.12 165.48 80.53 72.74 72.87 70.40 77.24 76.81 77.43 75.76 ROA 7.69% 10.04% 4.90% 1.90% 3.08% -4.63% -3.45% 0.22% 1.74% -1.01% ROE 12.78% 18.61% 11.28% 3.85% 5.97% -9.37% -6.22% 0.33% 2.18% -1.20% ROCE 18.14% 26.83% 21.57% 12.10% 11.91% -3.01% -4.32% 0.82% 3.36% -1.11% Fixed Asset Turnover 3.71 4.36 3.37 2.06 1.54 2.24 2.14 0.95 1.16 1.29 Receivable days 56.82 38.44 31.37 41.26 53.05 42.34 50.00 123.98 89.46 82.07 Inventory Days 49.43 46.66 50.78 62.37 71.99 64.13 77.18 162.99 142.36 153.62 Payable days 34.51 39.24 46.91 61.77 86.30 74.91 69.65 47.17 42.15 43.83 Cash Conversion Cycle 71.74 45.86 35.24 41.86 38.74 31.57 57.52 239.80 189.66 191.87 Total Debt/Equity 0.21 0.03 0.26 0.16 0.12 0.26 0.34 0.11 0.05 0.02 Interest Cover 6.63 6.41 2.97 2.10 2.18 -0.51 -1.20 0.91 7.00 -1.56

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 184.39 164.75 80.58 70.43 70.27 66.10 70.33 73.76 83.73 82.51 ROA 7.02% 9.77% 5.21% 2.83% -0.74% -1.36% -0.78% -5.25% 1.02% -1.05% ROE 11.70% 18.13% 14.91% 9.26% -2.34% -4.57% -2.70% -16.16% 2.87% -2.55% ROCE 17.18% 26.42% 18.58% 9.69% 4.75% 1.98% 0.81% -8.72% 6.42% 0.47% Fixed Asset Turnover 3.71 4.37 2.73 1.31 1.46 1.63 1.52 1.20 1.71 1.20 Receivable days 56.78 38.44 33.60 99.46 98.36 61.62 66.16 73.23 48.68 64.17 Inventory Days 49.41 46.66 63.37 110.56 91.39 92.74 102.71 140.50 131.54 176.10 Payable days 34.55 39.24 64.67 145.77 137.62 97.39 95.80 104.45 91.41 164.60 Cash Conversion Cycle 71.64 45.86 32.30 64.26 52.12 56.97 73.07 109.27 88.81 75.67 Total Debt/Equity 0.21 0.03 0.26 1.02 1.01 0.96 1.10 0.73 0.38 0.24 Interest Cover 6.22 6.29 3.35 2.87 0.93 0.36 0.19 -2.79 2.59 0.26

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 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: