Titagarh Rail Systems Ltd

Net profit of Titagarh Rail Systems declined 54.27% to Rs 36.90 crore in the quarter ended September 2025 as against Rs 80.69 crore during the previous quarter ended September 2024. Sales declined 24.40% to Rs 799.03 crore in the quarter ended September 2025 as against Rs 1056.95 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales799.031056.95 -24 OPM %9.2011.85 - PBDT69.73118.51 -41 PBT57.31110.86 -48 NP36.9080.69 -54 Powered by Capital Market - Live

Revenue from operations decreased 24.40% year-on-year (YoY) to Rs 799.03 crore in the quarter ended 30 September 2025. Profit before tax from continuing operations stood at Rs 57.30 crore in Q2 FY26, down 48.31% year on year. Total expenses fell 21.68% to Rs 746.08 crore in Q2 FY26 over Q2 FY25. During the quarter, cost of raw materials & components consumed stood at Rs 565.41 crore, down 30% YoY, while employee benefits expense was at Rs 25.54 crore, up 29.12% YoY. On segmental front, revenue from freight rail systems stood at Rs 676.82 crore (down 32.32% YoY) and revenue from passenger rail systems stood at Rs 122.21 crore (up 114.70% YoY), during the quarter. On a half-year basis, the company's consolidated net profit fell 54.12% to Rs 67.76 crore on 24.57% increase in revenue to Rs 1,478.33 crore in H1 FY26 over H1 FY25. Meanwhile, the company's board has approved an investment of up to Rs 50 crore in its wholly owned subsidiary, Titagarh Naval Systems (TNSL), in one or more tranches. This investment will be made by participating in TNSL's proposed fund-raising initiative aimed at expanding its business alongside a strategic investor identified by TNSL. Furthermore, the company has approved carrying out wagon leasing business activities under the Wagon Leasing Scheme (WLS) of the Railways. In addition, the company has approved the conversion of the existing design and engineering business into a separate business unit to be known as 'TITAGARH Engineering & Technology Centre (TETC)', to strengthen design capability, enhance efficiency, and drive innovation across the Group. Moreover, the board has approved the constitution of a finance committee comprising Atul Joshi (Chairman), Umesh Chowdhary, vice chairman & managing director and Anil Kumar Agarwal, deputy managing director. Titagarh Rail Systems (formerly known as Titagarh Wagons) is mainly engaged in the manufacturing and sell of freight wagons, passenger coaches, metro trains, train electricals, steel castings, specialised equipments & bridges, ships, etc. The company caters to both domestic and export market. Powered by Capital Market - Live

Titagarh Rail Systems will hold a meeting of the Board of Directors of the Company on 13 November 2025.Powered by Capital Market - Live

Titagarh Rail Systems has allotted 21,11,932 fully convertible warrants of face value of Rs 2 each on preferential basis to members of the promoter group at an issue price of Rs 947/- each aggregating to Rs 199.99 crore against receipt of 25% of the issue price aggregating to Rs 49.99 crore. Powered by Capital Market - Live

In an exchange filing dated 23 August 2025, the company announced that it has secured an order for the complete shell assembly of WAG-9HC locomotives, with execution expected by 31 August 2026. The total value of the order stands at Rs 91.12 crore. The company clarified that the awarding entity has no links to the promoter, promoter group, or group companies, and the contract does not qualify as a related party transaction. It has also been confirmed that the transaction was carried out on an arm's length basis. Titagarh Rail Systems (formerly known as Titagarh Wagons) is mainly engaged in the manufacturing and sell of freight wagons, passenger coaches, metro trains, train electricals, steel castings, specialised equipments & bridges, ships, etc. The company caters to both domestic and export market. The company had reported 53.82% decline in consolidated net profit to Rs 30.94 crore in Q1 FY26 as against Rs 67.01 crore posted in Q1 FY25. Revenue from operations decreased 24.77% year-on-year (YoY) to Rs 679.30 crore in the quarter ended 30 June 2025. Shares of Titagarh Rail Systems rose 0.37% to Rs 861.70 on the BSE. Powered by Capital Market - Live

The vessels will be built for Garden Reach Shipbuilders & Engineers, intended for use by Geological Survey of India. The ships are research vessels designed for coastal exploration, with primary activities including offshore geological mapping, mineral exploration with dredging, ocean environment monitoring and research, as well as shipboard data processing and sample analysis in modern, well-equipped scientific laboratories. The order is valued at Rs 445 crore, plus Rs 22.25 crore towards GST, aggregating to a total order value of Rs 467.25 crore. The vessels will be built under the classification regulations of Indian Register of Shipping. The execution is scheduled to be completed within 28 months from the date of LOI. Titagarh Rail Systems (formerly known as Titagarh Wagons) is mainly engaged in the manufacturing and sell of freight wagons, passenger coaches, metro trains, train electricals, steel castings, specialised equipments & bridges, ships, etc. The company caters to both domestic and export market. The company had reported 53.82% decline in consolidated net profit to Rs 30.94 crore in Q1 FY26 as against Rs 67.01 crore posted in Q1 FY25. Revenue from operations decreased 24.77% year-on-year (YoY) to Rs 679.30 crore in the quarter ended 30 June 2025. The scrip rose 0.51% to currently trade at Rs 859.80 on the BSE. Powered by Capital Market - Live

Titagarh Rail Systems has secured a letter of intent from Garden Reach Shipbuilders & Engineers (GRSE) for Ship Construction of 02 (two) Vessels. The Vessels will be built for Garden Reach Shipbuilders & Engineers intended for use by Geological Survey of India. The Ships are research vessels for use in Coastal Exploration. The main activities of the vessels shall include: ' Offshore geological mapping ' Mineral Exploration, including dredging ' Ocean Environment monitoring and research ' Shipboard data processing and sample analyses in modern, well-equipped scientific laboratories The order is valued at Rs 445 crore, plus Rs 22.25 crore towards GST, aggregating to a total order value of Rs 467.25 crore. The vessels will be built under the classification regulations of Indian Register of Shipping. Powered by Capital Market - Live

Titagarh Rail Systems announced that the 28th Annual General Meeting(AGM) of the company will be held on 15 September 2025.Powered by Capital Market - Live

Revenue from operations decreased 24.77% year-on-year (YoY) to Rs 679.30 crore in the quarter ended 30 June 2025. Profit before tax from continuing operations stood at Rs 31.49 crore in Q1 FY26, down 31.49% year on year. Total expenses fell 22.77% to Rs 633.96 crore in Q1 FY26 over Q1 FY25. During the quarter, cost of raw materials & components consumed stood at Rs 500.33 crore, down 27.43% YoY, while employee benefits expense was at Rs 26.32 crore, up 52.22% YoY. On segmental front, revenue from freight rail systems stood at Rs 601.87 crore (down 28.53% YoY) and revenue from passenger rail systems stood at Rs 77.43 crore (up 27.22% YoY), during the quarter. In the first quarter, the company secured new orders worth Rs 2,092 crore (excluding GST), bringing the total order book to Rs 26,000 crore. Of this, the order book for Freight Rolling Stock (FRS) stands at Rs 4,114 crore, comprising 10,772 wagons. Titagarh Rail Systems (formerly known as Titagarh Wagons) is mainly engaged in the manufacturing and sell of freight wagons, passenger coaches, metro trains, train electricals, steel castings, specialised equipments & bridges, ships, etc. The company caters to both domestic and export market. Shares of Titagarh Rail Systems surged 3.80% to Rs 806.50 on the BSE. Powered by Capital Market - Live

Net profit of Titagarh Rail Systems declined 53.95% to Rs 30.86 crore in the quarter ended June 2025 as against Rs 67.01 crore during the previous quarter ended June 2024. Sales declined 24.78% to Rs 679.30 crore in the quarter ended June 2025 as against Rs 903.05 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales679.30903.05 -25 OPM %9.4310.79 - PBDT57.8897.25 -40 PBT45.9690.11 -49 NP30.8667.01 -54 Powered by Capital Market - Live