Titagarh RAIL Systems Limited

Titagarh Rail Systems Limited (TITAGARH) is a small-cap Capital Goods company valued at ₹10,086 crore operating in Railway Wagons on the NSE and BSE.

Recent price move

Titagarh Rail Systems Limited last traded at ₹749.15, modestly up 0.09% on the day.

Recent developments

On 2026-08-19, the company secured Indian Railways vendor status for 3-phase traction motors, which could boost future orders. On 2026-08-13, the company announced plans to target 12% margins as passenger segment revenues rise and aims to deliver the Vande Bharat prototype by Q3. The company also reported a 70.38% increase in consolidated net profit for the June 2026 quarter.

Financial performance

The company's business has declined over the past year, with revenue falling 17.6% and net profit dropping 55.3%. However, the latest quarter shows improvement, with revenue rising 12.7% and net profit surging 69.6% compared to the same quarter a year earlier. Margins have narrowed, with the net profit margin at 3.9% compared to 7.1% the prior year, and returns remain low, with return on equity at 5.0%.

Valuation multiples

The stock trades at 82.1 times earnings, 4.71 times book value. It yields 0.1%.

Things to watch

The company's annual net profit has fallen 55.3% year-over-year, and the net profit margin has dropped 3.3 percentage points. The stock is 17.1% below its 52-week high, and the company's return on equity remains low at 5.0%. The recent quarterly net profit growth may not be sustainable if broader trends in the sector continue to weaken.

Where it stands

The company's latest quarter shows strong growth in net profit, but annual results remain weak, with revenue and net profit both declining. The stock is trading below its 52-week high, and the net profit margin has significantly narrowed. The most significant movement is the 70.38% rise in consolidated net profit for the June 2026 quarter.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.