TITAGARH · NSE

TITAGARH RAIL SYSTEMS LIMITED

₹837.65

+1.27% (+₹10.5)

Prev. close

₹827.15

Volume

4,75,698

Delivery %

31.0%

As of

18 Sept 2026

Price history

Bullish

Vaishali Parekh · Prabhudas Lilladher · 04 Sept 2026

Recommends buying Titagarh Rail Systems at ₹842 with a target of ₹880 and a stop loss at ₹820.

Entry ₹842Target ₹880 (+4.5%)Stop ₹820 (-2.6%)R:R 1.7:1Target hit · 04 Sept 2026

Target ₹880PENDINGCall pageClear
Loading 1-hour bars since the call…
Vaishali Parekh's call · 04 Sept 2026

Analyst sentiment

Analysts lean bullish

2 analyst stances · last 90 days · one per analyst

Trackable

2 · 2 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

none in window

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (2)Neutral 0% (0)Bearish 0% (0)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
Recommends buying Titagarh Rail Systems at ₹842 with a target of ₹880 and a stop loss at ₹820.Vaishali ParekhPrabhudas LilladherTitagarh Rail SystemsPENDING
Recommends buying Titagarh Rail Systems at ₹842 with a target of ₹880 and a stop loss at ₹820.
Trade setupTarget ₹880Track opinion →

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Fundamentals

About TITAGARH RAIL SYSTEMS LIMITED

Titagarh Rail Systems Limited manufactures and sells freight and passenger rail systems in India and internationally. The company offers forged wheel set, cast bogies, couplers, draft gear, loco shells, and cast manganese steel crossing products; flat, hopper, tank, box, automobile-carrying, covered, and special purpose wagons; and brake vans. It also provides passenger rolling stock products, including semi high-speed trains, electric multiple unit train sets, urban metro rail system - aluminum and stainless steel; and propulsion and electrical equipment, such as propulsion systems, traction motors, auxiliary power supply products, electronic equipment, traction converters and power electronics, train control and monitoring systems, and hardware and software products. In addition, the company offers redesign, maintenance, assistance and global, repair, inspection and refurbishing, systems and electrical equipment upgrade, exteriors and interiors face-lift, and power upgrading services. Further, it engages in the shipbuilding business comprising naval vessels, tugs, inland water transport vessels, coastal research vessel, and passenger ships. Additionally, the company manufactures unibridges, modular panel bridges, and matière X bridges; and defense products, such as shelters, specialized wagons, EMI/EMS containers, CBRNe equipment, mine ploughs, pressure vessels, and specialized canopies. It has a strategic collaboration with TuTr Hyperloop Private Limited to develop hyperloop technology enabled freight transportation solutions. The company was formerly known as Titagarh Wagons Limited and changed its name to Titagarh Rail Systems Limited in May 2023. Titagarh Rail Systems Limited was founded in 1983 and is based in Kolkata, India.

Details

Sector

Industrials

Industry

Railroads

CEO

Mr. Umesh Chowdhary B.Com.

Headquarters

Kolkata

Employees

1,052

Key stats

Market cap

₹10,042.43 Cr

P/E ratio (TTM)

57.5

Dividend yield

0.12%

EPS (TTM)

₹14.56

Beta (1Y · daily vs NIFTY 50)

1.51

Beta (5Y · monthly vs NIFTY 50)

2.21

Shares float

7.99 Cr

EPS · quarter ended Jun 2026

₹3.84

Financial Performance

01 · Financials

-2000 Cr0 Cr2000 Cr4000 Cr-25%0%25%50%FY21FY22FY23FY24FY25FY26
RevenueNet incomeRevenue growth YoY

FY21 growth needs FY20 filings, which the data source doesn't provide. EBITDA is omitted from this chart: coverage begins inside the plotted window, and every plotted period must carry a complete point set — the P&L table below has the available figures.

02 · Earnings Per Share (EPS)

-2002040FY21FY22FY24FY25FY26

03 · Dividend Profile

001110%25%50%75%22 Sept 2320 Aug 2408 Sept 25
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-50%0%50%100%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr2000 Cr4000 Cr6000 Cr0.5×1.5×FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr2000 Cr4000 Cr6000 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-500 Cr0 Cr500 Cr1000 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹1,520.64 Cr₹1,930.79 Cr₹2,755.31 Cr₹3,853.30 Cr₹3,867.75 Cr₹3,185.82 Cr
EBITDA₹277.29 Cr₹471.14 Cr₹231.01 Cr₹294.55 Cr
₹-15.00 Cr₹-32.84 L₹130.20 Cr₹286.14 Cr₹88.08 Cr₹122.98 Cr
Diluted EPS₹-1.28₹-0.03₹22.46₹6.42₹9.11

Total expenses (as filed), Employee benefit expense, Other expenses, EBITDA, Other income, Diluted EPS have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹2,027.14 Cr₹3,216.41 Cr₹3,712.75 Cr₹4,039.15 Cr
₹353.26 Cr₹165.72 Cr₹627.01 Cr₹623.12 Cr
Stockholders' equity₹963.55 Cr₹2,218.33 Cr₹2,294.65 Cr₹2,455.76 Cr

Total assets, Current assets, Inventory, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt, Stockholders' equity have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹67.69 Cr₹54.59 Cr₹40.92 Cr₹85.79 Cr₹-97.41 Cr₹322.43 Cr
Investing cash flow₹-72.07 Cr₹-69.48 Cr₹-61.35 Cr₹-536.86 Cr₹-578.80 Cr₹-133.44 Cr
₹43.22 Cr₹-52.71 Cr₹66.53 Cr₹724.39 Cr₹372.35 Cr₹-51.68 Cr
Capital expenditure₹-59.99 Cr₹-102.18 Cr₹-36.74 Cr₹-163.52 Cr₹-236.02 Cr₹-368.87 Cr
End cash position₹79.69 Cr₹8.96 Cr₹55.41 Cr₹328.98 Cr₹25.27 Cr₹161.86 Cr

Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Dec 21Mar 22Jun 22Sep 22(2Q)Dec 22Mar 23Jun 23Jul 23Sep 23(2Q)Dec 23Mar 24(3Q)Jun 24Jun 26(9Q)
Promoter45.77%47.00%47.05%47.26%47.82%47.83%47.82%44.97%42.46%40.46%
Public54.23%53.00%52.95%52.74%52.16%52.17%52.18%55.03%57.54%59.54%
Employee trusts0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Industrials

Company
Larsen & Toubro Limited₹5.24 L Cr₹3,836.231.64.7914.7%1.15+11.8%+4.1%
Adani Ports and Special Economic Zone Limited₹4.00 L Cr₹1,82429.44.1713.3%0.66+27.1%+29.1%
Hindustan Aeronautics Limited₹3.20 L Cr₹4,800.334.37.8022.2%0.00+5.6%-1.2%
Bharat Electronics Limited₹2.82 L Cr₹395.4546.011.7525.3%0.00+15.9%-4.1%
InterGlobe Aviation Limited₹1.87 L Cr₹4,92026.87-34.3%11.15+6.6%-13.9%
ABB India Limited₹1.51 L Cr₹7,270.595.519.2821.3%0.01+8.1%+33.7%
Bharat Heavy Electricals Limited₹1.43 L Cr₹429.258.85.476.1%0.31+18.3%+83.2%
Hitachi Energy India Limited₹1.39 L Cr₹32,700121.726.8919.1%0.02+27.2%+68.7%
Cummins India Limited₹1.39 L Cr₹5,099.557.816.4227.9%0.00+16.9%+24.3%
CG Power and Industrial Solutions Limited₹1.39 L Cr₹892107.617.3915.1%0.01+25.1%+13.7%
Siemens Limited₹1.33 L Cr₹3,763.578.810.0715.9%0.01+16.2%+13.3%
TITAGARH RAIL SYSTEMS LIMITED₹9,893.78 Cr₹827.1556.84.035.0%0.25-16.9%-12.2%

Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

23 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

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