Titagarh Rail Systems financials

·Capital Goods & DefenceChart ›
Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹765cr+12.6% on Q1 FY26
Net profit
₹52.6cr+69.9% on Q1 FY26
EBITDA margin
12.4%+1.3 pts on Q1 FY26
EPS
₹3.91+70.0% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue765679+12.6%
EBITDA94.975.1+26.3%
EBITDA margin12.4%11.1%+1.3 pts
Profit before tax71.557.0+25.4%
Net profit52.630.9+69.9%
EPS₹3.91₹2.30+70.0%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹765 crNet profit₹52.6 crNet margin6.9%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
8,952————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
16216225.3329—
1.01.01.20.0—
52252252966.319,970
9,313————
3,2723,1863,8683,8532,780
—−17.6%+0.4%+38.6%—
368348433452263
11.2%10.9%11.2%11.7%9.5%
314297403425241
191123275286—
5.8%3.9%7.1%7.4%—
₹14.20₹9.12₹20.42₹21.25—
—−55.3%−3.9%——
—322−97.485.840.6
—−7.3−236−164—
315315−333−77.740.6
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

TITAGARH₹664.80

Titagarh Rail Systems Ltd.

· Capital Goods & Defence
₹ CrorePeersTEXRAILJWLBEMLTIMKENTEGAUSHAMARTTARILSYRMAMcap ₹8,952 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————8,951.5
- Cash, Equiv & ST Investments—329.025.3161.9161.9
+ Minority Interest—0.01.21.01.0
+ Total Debt19,969.966.3529.3521.9521.9
Enterprise Value————9,312.6
Revenue2,779.63,853.33,867.83,185.83,271.6
Growth %, YoY—+38.6+0.4-17.6—
EBITDA263.5451.9433.0348.0367.8
Margin %9.4811.7311.2010.9211.24
EBIT241.0424.8403.5296.9313.7
Net Income—286.1274.9122.8191.2
Margin %—7.437.113.865.85
EPS, Adj (current shares)—21.2520.429.1214.20
Growth %, YoY——-3.9-55.3—
Cash from Operations40.685.8-97.4322.4—
Capital Expenditures—-163.5-236.0-7.3—
Free Cash Flow40.6-77.7-333.4315.1315.1
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Titagarh Rail Systems financials and key ratios

Prices at the 30 October 2026 close · figures from the company's filings with NSE

Titagarh Rail Systems (NSE: TITAGARH) had a market capitalisation of ₹8,808 crore at the 30 October 2026 close (₹654.15 a share), a PE ratio of 46.1 on the last four quarters' profit and a price-to-book ratio of 3.59. In FY26 its consolidated net profit was ₹123 crore on revenue of ₹3,186 crore; in Q1 FY27 (April–June 2026) it was ₹52.6 crore, up 69.9% year on year. Its debt-to-equity ratio was 0.21 on 31 March 2026. Promoters held 40.46% of the shares on 30 September 2026.

Share price used
₹654.15 · 30 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Titagarh Rail Systems at a glance · consolidated

Market cap
₹8,808 Crat ₹654.15 · 30 Oct close
PE ratio (last 4 quarters)
46.171.7 on FY26 profit
Price to book (PB)
3.59book value ₹182.38 a share
ROE (FY26)
5.0%−6.7 pts vs FY25ROCE 10.8%
Debt to equity
0.21net debt ₹205 Cr
Promoter holding
40.46%unchanged vs 30 Jun 202630 September 2026
Dividend yield
0.15%₹1 a share in 12 months
Net worth
₹2,456 Cr−1.1% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹315 Cr

Questions

What is the Titagarh Rail Systems PE ratio today?

Titagarh Rail Systems' PE ratio is 46.1 at the 30 October 2026 close (₹654.15 a share): a market capitalisation of ₹8,808 crore divided by consolidated net profit of ₹191 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹123 crore) it is 71.7.

What is the Titagarh Rail Systems net worth?

Titagarh Rail Systems' net worth — shareholders' equity in its consolidated balance sheet — was ₹2,456 crore on 31 March 2026, down 1.1% from ₹2,483 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹8,808 crore at the 30 October 2026 close.

What is the Titagarh Rail Systems book value per share?

Titagarh Rail Systems' book value per share was ₹182.38 on 31 March 2026: shareholders' equity of ₹2,456 crore divided by the 13.47 crore shares in issue, down 1.1% from ₹184.40 a year earlier. The share price at the 30 October 2026 close was ₹654.15.

What is the Titagarh Rail Systems PB ratio (price to book value)?

Titagarh Rail Systems' price-to-book (PB) ratio is 3.59 at the 30 October 2026 close: a market capitalisation of ₹8,808 crore divided by shareholders' equity (book value) of ₹2,456 crore on 31 March 2026. That is a book value of ₹182.38 per share against a share price of ₹654.15.

What is the Titagarh Rail Systems ROE and ROCE?

In FY26, Titagarh Rail Systems' return on equity (ROE) was 5.0% and its return on capital employed (ROCE) was 10.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 11.7% and ROCE 15.6%.

What is the Titagarh Rail Systems dividend yield?

Titagarh Rail Systems' dividend yield is 0.15% at the 30 October 2026 close: dividends of ₹1 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹654.15. They were ₹1 on 23 September 2026.

What is the Titagarh Rail Systems market cap?

Titagarh Rail Systems' market capitalisation was ₹8,808 crore at the 30 October 2026 close: 13.47 crore shares at ₹654.15 each.

Is Titagarh Rail Systems debt free?

No. Titagarh Rail Systems had borrowings of ₹522 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.21. Its cash and current investments were ₹317 crore, so its net debt was ₹205 crore.

What is the Titagarh Rail Systems dividend in 2026 and its record date?

In 2026, Titagarh Rail Systems has declared one dividend: ₹1 with record date 23 September 2026.

What is the Titagarh Rail Systems debt to equity ratio?

Titagarh Rail Systems' debt-to-equity ratio was 0.21 on 31 March 2026: borrowings of ₹522 crore against total equity of ₹2,457 crore. A year earlier, on 31 March 2025, it was 0.21.

What is the Titagarh Rail Systems promoter holding?

Promoters held 40.46% of Titagarh Rail Systems on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the Titagarh Rail Systems revenue and profit in FY26?

In FY26 (April 2025–March 2026), Titagarh Rail Systems' consolidated net profit was ₹123 crore, down 55.3% from ₹275 crore in FY25, on revenue from operations of ₹3,186 crore (down 17.6%).

What is the Titagarh Rail Systems EPS?

Titagarh Rail Systems' basic earnings per share (EPS) were ₹9.12 in FY26, against ₹20.41 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹14.19.

What is the Titagarh Rail Systems free cash flow?

In FY26, Titagarh Rail Systems generated ₹322 crore of cash from operations and spent ₹7.3 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹315 crore. In FY25 it was −₹333 crore.

When are the Titagarh Rail Systems next results?

Titagarh Rail Systems has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.

What is the Titagarh Rail Systems shareholding pattern?

On 30 September 2026, Titagarh Rail Systems' shares were held by promoters 40.46%, foreign portfolio investors (FII/FPI) 11.38%, domestic institutions (DII) 15.95% (including mutual funds at 12.98%) and retail and other non-institutional investors 32.20%. Over the year, FII holding was up 1.82 percentage points from 9.56% and DII holding was up 3.17 percentage points from 12.78%.

What are the Titagarh Rail Systems latest quarterly results?

Titagarh Rail Systems' latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: consolidated net profit ₹52.6 crore, up 69.9% from ₹30.9 crore in Q1 FY26; revenue from operations ₹765 crore, up 12.6% year on year.

How does the Titagarh Rail Systems PE ratio compare with its peers?

At the 30 October 2026 closing prices, on FY26 net profit, Titagarh Rail Systems' PE ratio is 71.7, the second highest of the four: Texmaco Rail & Eng 20.5, Jupiter Wagons 45.4 and BEML 117.0, a peer average of 61.0. Each is the company's market capitalisation at that price divided by its FY26 net profit.

How does Titagarh Rail Systems compare with its peers?

On FY26 consolidated figures, against Texmaco Rail & Eng, Jupiter Wagons and BEML: Titagarh Rail Systems' operating margin of 9.3% is the second highest of the four (Texmaco Rail & Eng 7.8%, Jupiter Wagons 10.1%, BEML 5.0%; peer average 7.6%); its return on equity of 5.0% is the third highest of the four (Texmaco Rail & Eng 7.6%, Jupiter Wagons 6.0%, BEML 4.9%; peer average 6.1%); its revenue growth over three years of 4.7% a year is the third highest of the four (Texmaco Rail & Eng 25.0% a year, Jupiter Wagons 12.1% a year, BEML 3.7% a year; peer average 13.6% a year).

Titagarh Rail Systems vs Texmaco Rail & Eng: how do they compare?

In FY26, Titagarh Rail Systems earned net profit of ₹123 crore on revenue of ₹3,186 crore, against ₹195 crore on ₹4,377 crore for Texmaco Rail & Eng. Titagarh Rail Systems' operating margin was 9.3% (Texmaco Rail & Eng 7.8%) and its return on equity 5.0% (Texmaco Rail & Eng 7.6%). At the 30 October 2026 close, Titagarh Rail Systems' market capitalisation was ₹8,808 crore against ₹3,998 crore for Texmaco Rail & Eng, and its PE ratio on FY26 profit 71.7 against 20.5.

Where do these Titagarh Rail Systems figures come from?

From Titagarh Rail Systems' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.