Pulse
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
Titagarh Rail Systems Limited

Titagarh Rail Systems Limited

NSE: TITAGARH
RailroadsIndustrialsMID CAPMCap ₹10.09k Cr
₹749.15₹0.65 (+0.09%)

Market Closed • NSE

Market cap₹10.09k Cr
Enterprise value₹10.37k Cr
P/E TTM53.59
Forward P/E22.03
P/B4.15
EPS TTM₹13.98
Forward EPS₹34.00
ROCE10.90%
D/E0.25
Dividend yield0.00%
Face value₹2.00
52W high₹971.00
52W low₹568.70
Price chart(1Y)
1Y Return:-12.75% (₹109.50)
H: ₹971L: ₹735.65
1W-1.91%
1M-9.43%
3M-11.20%
6M+0.99%
1Y-13.58%
Today at a glance

Day range

₹735.65₹760.60

52 week range

₹568.70₹971.00
Volume500.0K1.38x 20D avg
Free float50.00%+37.60% volume

Titagarh Rail Systems Limited closed at INR749.15 (+0.09%) on volume 1.38x its 20-day average, trading 22.85% below its 52-week high.

Technical analysis
RSI (14)25.7Oversold
MACDBEARISHBearish (Below signal)
ATR (14)₹22.59High
SMA 20₹800.62BEARISH
SMA 50₹825.08BEARISH
SMA 100₹841.61BEARISH
SMA 200₹794.91BEARISH
CPR bottom₹752.85
Pivot₹751.40
CPR top₹749.95
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -1.9% QoQ

2026-09-23

DIVIDEND Announced

Dividend - Re 1 Per Share

2025-09-08

DIVIDEND Announced

Dividend - Re 1 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹623.1 Cr₹10.09k Cr6.18%≤ 33%PASS
Non-halal income ratio–₹3.19k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹3.88k Cr₹4.04k Cr95.99%≥ 20%PASS
Receivables ratio–₹4.04k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E53.5928.10
Forward P/E22.03—
P/B4.153.00
EV/EBITDA—18.00
PEG—1.10
Earnings yield1.903.60
Growth & profitability
RevenuePAT
FY24PAT margin 7.40%
FY25PAT margin 2.20%
FY26PAT margin 3.90%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-6.30%
Revenue CAGR 5Y-3.50%
PAT CAGR 3Y+12.20%
PAT CAGR 5Y-15.50%
Operating margin10.45%
Net margin6.07%
Financial health & cash flow
Net debt₹461.3 CrModerate
Interest coverage4.20xEBIT / interest
CFO / PAT1.64x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹322.4 Cr
Capital expenditure–
Free cash flow₹-4644.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall65/100
Valuation35/100
Profitability65/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.25x

High Cash Flow Conversion: CFO/PAT averaged 1.64x over last 3 years

Risks

Stretched Valuation: Trading at a high P/E multiple of 53.6x

Bull case

Market Leadership: Established operational scale in Railroads.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
23.13%Institutional holding
36.42%Public holding
5Periods available
0.00%Promoter pledged
5.6LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
23 Sept 2026Dividend₹1.00 / share—23 Sept 2026
09 Sept 2025Dividend₹1.00 / share—08 Sept 2025
—Dividend₹0.80 / share—20 Aug 2024
—Dividend₹0.50 / share—22 Sept 2023
—Annual General MeetingAnnual General Meeting—07 Sept 2022
—Annual General MeetingAnnual General Meeting—17 Sept 2021
—Annual General MeetingAnnual General Meeting—22 Dec 2020
—Dividend₹0.30 / share—11 Sept 2019
—Dividend₹0.30 / share—19 Sept 2018
—Dividend₹0.80 / share—20 Jul 2017
—Annual General MeetingAnnual General Meeting—22 Sept 2016
29 Mar 2016Dividend₹0.80 / share—28 Mar 2016
—Dividend₹0.00 / share—16 Sept 2015
24 Apr 2015Dividend₹10.00 / share—23 Apr 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)32.66%+2.85% latest vs average
Highest delivery50.58%on 24 Sept
Average volume (20D)363.4KTrading-session average
Conviction trendStrengthening+2.85% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L92.640.43%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About Titagarh Rail Systems Limited
Titagarh Rail Systems Limited

Titagarh Rail Systems Ltd (Formerly Titagarh Wagons Limited), incorporated in 1997, is mainly engaged in the manufacturing and selling of Freight Wagons, Passenger Coaches, Metro Trains, Train Electricals, Steel Castings, Specialised Equipments & Bridges, Ships, etc. The company caters to both domestic and export markets.[1]

IndiaIndustrials

Questions investors ask
Is Titagarh Rail Systems Limited Shariah compliant?

Titagarh Rail Systems Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (6.18%) complies with AAOIFI threshold (≤ 33%).

What is Titagarh Rail Systems Limited's current valuation relative to peers?

Titagarh Rail Systems Limited trades at a P/E of 53.6x compared to the sector median of 28.1x, and a Price-to-Book of 4.1x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.25x. Interest coverage is 4.2x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at -3.5% while net profit growth averaged -15.5%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.