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Titagarh Rail Systems Ltd

TITAGARH

Titagarh Rail Systems Ltd

TITAGARH
IndustrialsRail
SmallcapWith a market cap of ₹11,449 cr, stock is ranked 458
High RiskStock is 3.82x as volatile as Nifty
804.650.00% (+0.00)
804.650.00% (+0.00)

Price Chart

High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
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1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsRail
SmallcapWith a market cap of ₹11,449 cr, stock is ranked 458
High RiskStock is 3.82x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsRail
SmallcapWith a market cap of ₹11,449 cr, stock is ranked 458
High RiskStock is 3.82x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
39.565.160.09%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
40.875.890.66%

Forecast & Ratings

Detailed Forecast 
83%
Analysts have suggested that investors can buy this stock

from 6 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Titagarh Rail Systems, formerly Titagarh Wagons, is a supplier of passenger rolling stock including metro coaches.

Investor Presentation

View older 

Feb 14, 2025

PDF
View Older Presentations
PE Ratio
41.73
1Y Return
10.91%
Buy Reco %
33.33
PE Ratio
43.43
1Y Return
9.48%
Buy Reco %
100.00
PE Ratio
35.16
1Y Return
13.44%
Buy Reco %
71.43
PE Ratio
52.44
1Y Return
26.11%
Buy Reco %
100.00
PE Ratio
43.10
1Y Return
29.69%
Buy Reco %
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 19.58%, vs industry avg of 12.21%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 17.08% to 19.7%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,000.031,742.621,298.071,591.921,800.341,545.501,485.232,822.173,893.113,975.21
Raw Materialssubtract558.68915.20692.40999.771,192.301,045.661,037.262,165.302,951.703,482.95
Power & Fuel Costsubtract27.5828.5927.6835.0445.5834.2233.2643.7050.46
Employee Costsubtract168.16212.13239.32176.13151.77210.5745.4256.5366.29
Selling & Administrative Expensessubtract58.1171.8789.12108.0456.4455.5224.4630.5944.64
Operating & Other expensessubtract137.10382.30321.83239.30293.5094.04240.67241.61293.18
Depreciation/Amortizationsubtract45.9251.5250.8423.9929.1329.8718.3822.5027.1028.14
Interest & Other Itemssubtract17.2931.3144.0665.1888.2781.2057.2780.7573.4566.92
Taxes & Other Itemssubtract6.7122.79-23.56-27.00-22.469.4228.8350.98100.14107.78
EPS-1.812.33-12.44-2.47-2.96-1.28-0.0310.8922.5121.49
DPS0.800.800.300.300.000.000.000.500.800.80
Payout ratio0.340.000.000.000.050.040.04

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2021

Annual report

PDF

Investor Presentation

Jun 9PDF
FY 2022

Annual report

PDF

Investor Presentation

Jun 7PDF
Feb 10PDF
Aug 13PDF
FY 2023

Annual report

PDF

Investor Presentation

Nov 17PDF
Aug 16PDF
FY 2024

Annual report

PDF

Investor Presentation

Jul 22PDF
FY 2025

Annual Report Pending

Investor Presentation

Feb 14PDF
Oct 28PDF
Oct 26PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsRail

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Titagarh Rail Systems Ltd40.015.160.09%
Jupiter Wagons Ltd41.738.480.18%
BEML Ltd43.434.590.70%
Ramkrishna Forgings Ltd35.164.470.30%

Price Comparison

Compare TITAGARH with any stock or ETF
Compare TITAGARH with any stock or ETF
TITAGARH
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Increased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has increased by 1.82%

Decreased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has decreased by 2.66%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding40.46%10.94%4.06%13.67%30.88%

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Shareholding History

SepDec '23MarJunSepDec '2416.84%20.04%17.27%19.56%16.33%13.67%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Titagarh Rail Systems Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
3.7379%0.45%-0.08%29/306 (-4)
1.1719%0.35%-0.06%63/93 (-2)
1.1329%0.92%-0.08%42/100 (+20)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Titagarh Rail Systems Ltd

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Transporting India

Transporting India

Created by Windmill Capital

TITAGARH's Wtg.
6.79%
CAGR
6.86%
Infra Tracker

Infra Tracker

Created by Windmill Capital

TITAGARH's Wtg.
4.70%
CAGR
17.05%

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 20, 2024

Final
Final | Div/Share: ₹0.80

Dividend/Share

0.80

Ex DateEx Date

Aug 20, 2024

Cash Dividend

Ex DateEx DateSep 22, 2023

Final
Final | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Sep 22, 2023

Cash Dividend

Ex DateEx DateSep 11, 2019

Final
Final | Div/Share: ₹0.30

Dividend/Share

0.30

Ex DateEx Date

Sep 11, 2019

Cash Dividend

Ex DateEx DateJul 20, 2017

Final
Final | Div/Share: ₹0.80

Dividend/Share

0.80

Ex DateEx Date

Jul 20, 2017

Cash Dividend

Ex DateEx DateMar 28, 2016

Interim
Interim | Div/Share: ₹0.80

Dividend/Share

0.80

Ex DateEx Date

Mar 28, 2016

News & Opinions
Earnings
Titagarh Rail Systems consolidated net profit declines 16.11% in the December 2024 quarter

Net profit of Titagarh Rail Systems declined 16.11% to Rs 62.77 crore in the quarter ended December 2024 as against Rs 74.82 crore during the previous quarter ended December 2023. Sales declined 5.50% to Rs 902.18 crore in the quarter ended December 2024 as against Rs 954.68 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales902.18954.68 -5 OPM %10.3611.59 - PBDT94.88107.00 -11 PBT88.52100.21 -12 NP62.7774.82 -16 Powered by Capital Market - Live

2 days agoCapital Market - Live
Spotlight
Titagarh Rail slips as Q3 PAT declines 8% YoY to Rs 69 crore

Profit before tax for the quarter stood at Rs 95.10 crore, down by 5% from Rs 95.10 crore in the same quarter last year. Total expense declined 5% year on year to Rs 95.10 crore during the quarter. The cost of materials consumed was at Rs 697.99 crore (down 5.51% YoY), while employee benefits expenses stood at Rs 21.80 crore (up 44.66% YoY) during the period under review. On the segmental front, revenue from the passenger rail system was at Rs 49.39 crore (down 51.06% YoY), while the freight rail system stood at Rs 852.79 crore (down 0.11% YoY) during the period under review. On a 9-month basis, the company's net profit increased 5.56% to Rs 225.37 crore on 2.19% rises in revenue from operations to Rs 2,862.18 crore in 9M FY24 over 9M FY23. Titagarh Rail Systems (formerly known as Titagarh Wagons) is the largest private sector manufacturer of wagons and an established player in passenger coaches.Powered by Capital Market - Live

2 days agoCapital Market - Live
Corporate
Titagarh Rail Systems receives order worth Rs 537.11 cr

Titagarh Rail Systems announced that the Company has received Letter of Acceptance (LOA) from Ambuja Cements and ACC, which are group companies of Adani Cement, for 'Manufacture and Supply of 16 nos. of BCFCM Rakes Wagon with BVCM Wagon'. The order value is about Rs 537.11 crore.Powered by Capital Market - Live

4 days agoCapital Market - Live
Corporate
Titagarh Rail Systems to table results

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

6 days agoCapital Market - Live
Corporate
Board of Titagarh Rail Systems approves addition of new business verticals

The Board of Titagarh Rail Systems at its meeting held on 03 February 2025 has approved the addition of following new business verticals namely: a. 'Shipbuilding and Maritime Systems' wherein the Company will undertake marine business including shipbuilding, ship repair and other maritime business activities. b. 'Signalling and Safety Systems' wherein the Company will subject to compliances, if any applicable undertake activities relating to railway signalling and safety including but not limited to train control & condition monitoring, vehicular & train mounted solutions etc. This segment focuses on railway operations, particularly in ensuring safety and efficiency and will involve development and installation of products that enables smooth and secure train operations.Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Board of Titagarh Rail Systems approves change in directorate

The Board of Titagarh Rail Systems at its meeting held on 03 February 2025 has approved the following: The designation of Anil Kumar Agarwal, Deputy Managing Director and CEO of Freight Rail Systems vertical of the Company, has been changed to Deputy Managing Director (DMD) of the Company w.e.f. 3 February, 2025. In this expanded role, Agarwal will now oversee the performance of both the Freight Rail Systems (FRS) and Passenger Rail Systems (PRS) verticals, under the overall supervision and guidance of the Vice Chairman and Managing Director, as well as the Board of Directors. This strategic enhancement of Agarwal's responsibilities will further strengthen the Company's operations and drive continued success in both the verticals. The common corporate functions of the Company will be jointly looked after by Anil Kumar Agarwal and Prithish Chowdhary, two Deputy Managing Directors of the Company. Saket Kandoi, Director (Freight Rolling Stock) of the Company, has been given the responsibility of the Maritime business of the Company, designated as Director & CEO (Maritime) w.e.f. 3 February 2025 and additionally he will also be acting as ad interim CEO of FRS vertical.Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Titagarh Rail gains as delivers India's first driverless 'Make-in-India' trainset to Bengaluru metro

Titagarh will deliver two more trainsets to the Yellow Line by April this year. The company will then ramp up production, delivering two trains a month by September 2025, it added. The company built the trainset in its metro manufacturing facility in Uttarpara in West Bengal. The automated train with a stainless steel body, designed for state-of-the-art performance, will operate on the 18-km stretch linking electronics city to the rest of the city. Manohar Lal, Honourable Minister, Housing and Urban Affairs, said, 'As we inaugurate Bengaluru Metro's new trainset and surpass 1,000 kilometers of operational metro rail, we celebrate a significant milestone in India's urban mobility journey. Bengaluru, a global hub of IT and innovation, continues to address urban challenges with enhanced metro connectivity, benefiting millions. Guided by PM Shri Narendra Modi's vision of a 'Viksit Bharat' by 2047, metro projects are transforming our cities, boosting economic growth, and creating jobs. With India now ranking third globally in metro rail, we aim to surpass the United States within five years. I commend Titagarh Rail Systems Ltd. for their exceptional 'local for global' manufacturing, delivering world-class trainsets, and contributing to Atmanirbhar Bharat.' Umesh Chowdhary, vice chairman & MD, Titagarh Rail Systems, said, 'Today marks a significant milestone in our journey at Titagarh as we proudly deliver the trainset for Bengaluru Metro's Yellow Line. This achievement is a testament to our commitment to excellence and innovation and speaks of the ability, expertise, and engineering we have built up locally. We are honoured to support Bangalore's vision of becoming a global city with world-class urban mobility solutions. Our team is dedicated to delivering advanced, sustainable, and efficient rolling stock that will redefine the commuting experience for millions of passengers in Karnataka. Titagarh Rail Systems (formerly known as Titagarh Wagons) is the largest private sector manufacturer of wagons and an established player in passenger coaches. The company's standalone net profit jumped 20.07% to Rs 85.12 crore in Q2 FY25 as opposed to Rs 70.89 crore posted in Q2 FY24. Revenue from operations increased by 12.98% to Rs 1,056.95 crore in the second quarter of FY25, compared to Rs 935.45 crore recorded in the corresponding quarter of the previous year.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Titagarh delivers its first driverless trainset to Bengaluru Metro Yellow Line

Titagarh Rail Systems today officially handed over its first driverless Made in India trainset to the Bengaluru Metro Rail Corporation's (BMRCL) Yellow Line. The stainless steel, automated trainset is the first Made-in-India passenger rolling stock set to run on the key 18-km stretch, linking the Electronics City technology and business hub to the rest of the city. The official handover reinforces Titagarh's stature as a leading manufacturer of cutting-edge, worldclass trains while spotlighting India's ascent as a global hub for railway manufacturing. It celebrated the rollout of the Bengaluru Metro Yellow Line and also again demonstrated the capability of Titagarh's Metro Manufacturing Facility in Uttarpara, West Bengal. These milestones underscore the Company's unwavering commitment to advancing urban mobility in India and showcase its growing manufacturing capabilities and innovative approach within the railway sector.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Titagarh Rail gains after Q2 PAT rises 20% YoY to Rs 85 cr

Revenue from operations increased by 12.98% to Rs 1,056.95 crore in the second quarter of FY25, compared to Rs 935.45 crore recorded in the corresponding quarter of the previous year. profit before tax for the quarter stood at Rs 115.01 crore, up by 21.21% from Rs 94.88 crore in same quarter last year. During the quarter, EBITDA was at Rs 129.41 crore, up 12.45% YoY. EBITDA margin came in at 12.45% in Q2 FY25 as against 12.30% posted in Q2 FY24. On segmental front, revenue from freight rail system was at 1,000.03 crore (up 24.86% YoY) while passenger rail system stood at Rs 56.92 crore (down 57.70% YoY) during the period under review. On half year basis the company's standalone net profit increased to Rs 156.43 crore in H1 FY25 as against Rs 138.46 crore posted in H1 FY24. The company's revenue from operation jumped 6.16% YoY to Rs 1,960 crore in H1 FY25. Titagarh Rail Systems (formerly known as Titagarh Wagons) is the largest private sector manufacturer of wagons and an established player in passenger coaches. Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
Titagarh Rail Systems consolidated net profit rises 14.31% in the September 2024 quarter

Net profit of Titagarh Rail Systems rose 14.31% to Rs 80.69 crore in the quarter ended September 2024 as against Rs 70.59 crore during the previous quarter ended September 2023. Sales rose 12.99% to Rs 1056.95 crore in the quarter ended September 2024 as against Rs 935.45 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1056.95935.45 13 OPM %11.8512.25 - PBDT118.51101.08 17 PBT110.8694.40 17 NP80.6970.59 14 Powered by Capital Market - Live

3 months agoCapital Market - Live