TITAGARH RAIL SYSTEMS LIMITED

Capital Goods · Industrial Manufacturing

NSE: TITAGARH BSE: 532966

₹818.15

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Industrial Manufacturing

The largest companies in the same industry by market cap. This company ranks #12 of 140. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Mazagon Dock Shipbuilders Limited	85,234	33.7	27.6%	-25.6%	—	92	3	9
Aditya Infotech Limited	45,331	144.6	19.6%	189.1%	0.04%	79	0	86
Cochin Shipyard Limited	34,595	58.5	12.2%	-29.4%	—	78	1	12
Syrma SGS Technology Limited	34,380	102.2	11.3%	121.7%	0.08%	70	33	89
Honeywell Automation India Limited	29,584	53.7	11.8%	-7.0%	0.33%	68	0	62
Jyoti CNC Automation Limited	23,649	58.2	16.8%	18.4%	—	80	6	52
Kaynes Technology India Limited	23,469	84.7	7.6%	-51.1%	—	50	7	49
LMW Limited	18,014	92.2	4.6%	16.2%	0.21%	68	0	29
TITAGARH RAIL SYSTEMS LIMITED (this stock)	11,018	47.1	6.9%	-7.4%	0.12%	59	15	31

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹11,388 Cr

EV / EBITDA

26.2x

EV / Sales

3.55x

Market cap / Sales

3.44x

Earnings yield

2.12%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 741 Cr, up 7.3% YoY.

↑ Positive

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 52 Cr, up 21.6% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	735	70	52	₹3.8600
March 31, 2026	859	90	68	₹5.0500
Dec. 31, 2025	823	80	56	₹4.6200
Sept. 30, 2025	788	73	47	₹3.8500
June 30, 2025	679	57	43	₹3.1700
March 31, 2025	1,004	107	78	₹5.8000
Dec. 31, 2024	902	95	69	₹5.1200
Sept. 30, 2024	1,057	115	85	₹6.3200
June 30, 2024	903	94	71	₹5.3000
March 31, 2024	1,052	112	83	₹6.5500
Dec. 31, 2023	955	100	75	₹5.8300
Sept. 30, 2023	935	95	71	₹5.6000
June 30, 2023	911	90	68	₹5.6500

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	741	869	833	803	691	1,033	925	1,068	915	1,067	969	942	920
Operating revenue	735	859	823	788	679	1,004	902	1,057	903	1,052	955	935	911
Other income	6	10	11	14	12	30	22	11	12	15	14	7	10
Operating expenses	641	755	724	700	604	896	802	928	801	932	844	820	805
Operating profit	94	104	99	89	75	108	100	129	102	120	111	115	106
Operating profit margin	12.8%	12.1%	12.0%	11.3%	11.1%	10.7%	11.1%	12.2%	11.3%	11.4%	11.6%	12.3%	11.7%
Depreciation	15	14	12	12	12	8	6	8	7	7	7	7	7
Interest	15	17	17	18	18	22	21	17	13	16	18	20	19
Exceptional items, gain / (loss)	—	7	—	—	—	—	—	—	—	—	—	—	—
Profit before tax	70	90	80	73	57	107	95	115	94	112	100	95	90
Tax	18	22	18	21	14	29	26	30	23	29	25	24	22
Net profit	52	68	—	—	43	78	69	85	71	83	75	71	68
EPS	3.86	5.05	4.62	3.85	3.17	5.80	5.12	6.32	5.30	6.55	5.83	5.60	5.65
Net profit (TTM)	—	—	—	—	275	303	309	315	301	297	—	—	—
EPS (TTM)	17.38	16.69	17.44	17.94	20.41	22.54	23.29	24.00	23.28	23.63	21.51	18.96	12.37

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	3,144	238	151
March 31, 2025	3,866	412	303
March 31, 2024	3,853	397	297

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 18	Mar 17
Total income (before exceptional items)	4.2%	25.2%	3,191^†	3,941^†	3,899^†	2,819^†	1,498^†	1,037^†	1,322^†	340^†	390^†
Operating revenue	4.3%	25.1%	3,144	3,866	3,853	2,773^†	1,475^†	1,026^†	1,305^†	317^†	366^†
Other income	—	—	47^†	75^†	46^†	46^†	23^†	11^†	17^†	23^†	24^†
Operating expenses	—	—	2,782^†	3,427^†	3,401^†	2,512^†	1,316^†	907^†	1,190^†	—	—
Operating profit	11.4%	24.8%	361^†	439^†	452^†	261^†	159^†	119^†	115^†	—	—
Operating profit margin	—	—	11.5%^†	11.4%^†	11.7%^†	9.4%^†	10.8%^†	11.6%^†	8.8%^†	—	—
Depreciation	—	—	50^†	30^†	27^†	23^†	18^†	16^†	16^†	—	—
Interest	—	—	70^†	73^†	73^†	80^†	56^†	55^†	50^†	9^†	7^†
Exceptional items, gain / (loss)	—	—	7^†	0^†	0^†	-46^†	0^†	4^†	-161^†	0^†	0^†
Profit before tax	14.6%	29.8%	238	412	397	158^†	107^†	64^†	-94^†	-1^†	26^†
Tax	—	—	75^†	108^†	100^†	55^†	28^†	14^†	-16^†	-4^†	7^†
Net profit	—	24.5%	151	303	297	—	79^†	50^†	-78^†	3^†	19^†
EPS	24.7%	31.7%	16.69^†	22.54^†	23.63^†	8.61^†	6.64^†	4.21^†	-6.47^†	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 18	Mar 17
Operating margin	11.5%^†	11.4%^†	11.7%^†	9.4%^†	10.8%^†	11.6%^†	8.8%^†	—	—
EBIT margin	9.8%^†	12.5%^†	12.2%^†	8.6%^†	11.1%^†	11.6%^†	-3.4%^†	2.5%^†	9.2%^†
PBT margin	7.6%	10.6%	10.3%	5.7%^†	7.3%^†	6.3%^†	-7.2%^†	-0.2%^†	7.2%^†
Net margin	4.8%	7.8%	7.7%	—	5.4%^†	4.9%^†	-6.0%^†	0.9%^†	5.3%^†
Interest coverage	4.38x^†	6.63x^†	6.41x^†	2.97x^†	2.93x^†	2.18x^†	-0.89x^†	0.91x^†	4.63x^†
Dividend payout	6.0%^†	3.5%^†	2.1%^†	0.0%^†	0.0%^†	0.0%^†	—	—	—
Earnings retention	94.0%^†	96.5%^†	97.9%^†	100.0%^†	100.0%^†	100.0%^†	—	—	—
Current ratio	1.73x	1.98x	—	—	—	—	—	—	—
Quick ratio	1.26x	1.50x	—	—	—	—	—	—	—
Debt to equity	0.21x	0.21x	—	—	—	—	—	—	—
Return on equity	6.1%	12.0%	—	—	—	—	—	—	—
Return on assets	3.7%	8.0%	—	—	—	—	—	—	—
Return on capital employed	10.8%^†	18.0%^†	—	—	—	—	—	—	—
Asset turnover	0.78x	1.02x	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	311	-126	-51	300	12
March 31, 2025	-101	-581	371	220	-321
March 31, 2024	93	-531	724	164	-71
March 31, 2022	27	-55	-18	66	-39

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	4,044	2,483	2,456	352	170	2,064	1,195	152	1,072	563
March 31, 2025	3,797	2,520	2,493	504	25	2,171	1,097	17	831	523
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.