Titagarh Rail Systems
813.55
+14.10(+1.76%)
Market Cap₹10,766.50 Cr
PE Ratio44.68
Company Performance:
1D+1.76%
1M-13.35%
6M-4.31%
1Y-41.79%
5Y+95.49%
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More news about Titagarh Rail Systems
04Aug 25
Titagarh Rail Systems Secures ₹1,598.55 Crore Mumbai Metro Contract
Titagarh Rail Systems Limited has been awarded a contract worth ₹1,598.55 crore for the Mumbai Metro Line 6 project. As a specialized subcontractor for NCC Limited, the company will design, manufacture, supply, and maintain 18 trains (108 coaches) for the Swami Samarth Nagar to Vikhroli route. The project includes a 104-week design-build period, 2 years of defect liability maintenance, and 5 years of comprehensive maintenance.
03Aug 25
Titagarh Rail Systems Secures INR 1,598.55 Crore Mumbai Metro Contract
Titagarh Rail Systems Limited has received a Letter of Acceptance from NCC Limited for a ₹1,598.55 crore contract for the Mumbai Metro Rail Project. The contract involves designing, manufacturing, supplying, installing, and commissioning 108 metro coaches (18 trains of 6 cars each) for Line 6 of the Mumbai Metro. The project includes a 104-week design-build period, 2-year defect liability maintenance, and 5-year comprehensive maintenance. This order significantly enhances Titagarh's order book and demonstrates its capability in large-scale urban transportation projects.
30Jul 25
Titagarh Rail Systems Revises Rs 200 Crore Preferential Warrant Issue
Titagarh Rail Systems Limited has modified its proposed preferential issue of convertible warrants following stock exchange observations. The revised plan involves issuing 21,11,932 warrants at Rs 947.00 each to promoter group members, aiming to raise Rs 199.99 crores. The warrants are convertible into equity shares within 18 months of allotment. Rs 50.00 crores will partially reimburse a land acquisition in Uttarpara, West Bengal. Post-issue, the promoter group's shareholding is expected to increase from 40.46% to 41.38%. The EGM to vote on this proposal is scheduled for August 8, 2025.
21Jul 25
Titagarh Rail Systems Secures Rs 312.69 Crore Order from Ministry of Railways
Titagarh Rail Systems Limited (TRSL) has received a Letter of Advance Acceptance from the Ministry of Railways for an order worth Rs 312.69 crore. The contract involves manufacturing and supplying 780 BVCM-C wagons within nine months. TRSL's stock rose 1.40% to Rs 939.00 following the announcement. Despite a 42.14% decline over the past year, analysts remain optimistic, with 7 out of 8 recommending a 'buy' rating and projecting a 19.00% upside potential.
21Jul 25
Titagarh Rail Secures ₹312.7 Crore Contract for 780 Railway Wagons
Titagarh Rail Systems Limited has been awarded a ₹312.7 crore contract by the Ministry of Railways for manufacturing and supplying 780 BVCM-C wagons. The project is to be completed within 9 months from the contract placement date. This order strengthens Titagarh's position in the railway equipment manufacturing sector and is expected to impact the company's operations and financial performance positively.
16Jul 25
Titagarh Rail Systems Expands with Strategic Land Acquisition for Vande Bharat Train Testing
Titagarh Rail Systems Ltd (TRSL) has leased a 40-acre plot in Uttarpara, West Bengal, for Rs 126.63 crore on a 99-year term. This expansion aims to enable on-site testing of Vande Bharat trains and increase coach production capacity to 1,200 cars annually within 4-5 years. TRSL is also raising Rs 200 crore through warrant issuance to its promoter group for investments and working capital. The company has confirmed compliance with SEBI dematerialization requirements for the quarter ended June 30, 2025.
14Jul 25
Titagarh Rail Systems Expands Footprint: Acquires 40 Acres in Bengal for ₹126 Crore
Titagarh Rail Systems has acquired a 40-acre land parcel in West Bengal for ₹126 crore. This strategic move suggests potential expansion of manufacturing facilities, diversification of operations, or strengthening of regional presence. The acquisition signals the company's commitment to long-term growth in the Indian rail manufacturing sector.
14Jul 25
Titagarh Rail Systems Secures 40-Acre Land for Vande Bharat Coach Expansion
Titagarh Rail Systems has acquired 40 acres of land on a 99-year lease from the West Bengal government for Rs 126.00 crore. This acquisition will expand their Uttarpara facility, increasing production capacity from 300 to 850 cars annually by FY28. The company also plans to raise Rs 200.00 crore through a preferential issue of warrants to the promoter group. These moves aim to boost production of Vande Bharat coaches and metro cars, supporting India's railway modernization efforts.
10Jul 25
Titagarh Rail Systems to Raise ₹200 Crore Through Preferential Warrants Issue
Titagarh Rail Systems Limited plans to raise ₹200 crore through a preferential issue of 21,16,402 warrants to Promoter Group members. The warrants, priced at ₹945 each, are convertible into equity shares within 18 months. Funds will be used for plant and machinery investment, working capital, technology upgrades, and general corporate purposes. The issue will increase Rashmi Chowdhary's shareholding to 8.56% and introduce Prithish Chowdhary as a 0.39% stakeholder. The move aims to support growth initiatives and enhance the company's market position in transportation solutions.
10Jul 25
Titagarh Rail Systems to Raise ₹200 Crore via Preferential Warrants
Titagarh Rail Systems' board has approved raising ₹200 crore through the issuance of 21.16 lakh preferential warrants at ₹945 per warrant to promoter entities. The warrants are convertible into equity shares within 18 months. An EGM is scheduled for August 8, 2025, to seek shareholder approval for this initiative.
04Jul 25
Titagarh Rail Systems to Explore Fundraising Options
Titagarh Rail Systems Ltd announced plans to explore various fundraising options. The company's board will meet on July 9 to consider different securities for raising capital, including preferential issue, Qualified Institutional Placement (QIP), and rights issue. This move could provide additional capital for expansion or debt reduction, but may potentially dilute existing shareholders' stakes. The outcome of the board meeting will be crucial for investors and market watchers.
30Jun 25
Titagarh Rail Systems Secures ₹430.53 Crore Order for Pune Metro Trainsets
Titagarh Rail Systems has won a ₹430.53 crore contract from Maharashtra Metro Rail Corporation to supply 12 additional trainsets for the Pune Metro project. The order is to be executed within 30 months, enhancing the company's position in the urban transportation infrastructure segment. This significant contract adds to Titagarh Rail Systems' order book and is expected to positively impact its revenue stream over the next two and a half years.
28Jun 25
Titagarh Rail Systems Secures Rs 430.53 Crore Contract for Pune Metro Expansion
Titagarh Rail Systems has won a ₹430.53 crore contract from Maharashtra Metro Rail Corporation for the Pune Metro project. The order involves designing, manufacturing, supplying, testing, and commissioning 12 additional trainsets. The project is expected to be completed within 30 months, strengthening Titagarh's position in the urban transportation sector and contributing to Pune's public transport infrastructure improvement.
03Jun 25
Titagarh Rail Systems Q4 Results Disappoint, Margin Pressure Persists
Titagarh Rail Systems Ltd. reported a decline in Q4 FY2025 financial performance. Revenue decreased by 2.97% to ₹1,035.40 crore, while net profit fell 18.38% to ₹64.40 crore compared to Q4 FY2024. EBITDA dropped 6.13% to ₹122.40 crore. The company faces challenges including wheelset supply issues and delayed orders. Despite plans for capacity expansion in passenger car manufacturing, margin pressures persist due to increased contribution from low-margin Passenger Rolling Stock. Some financial institutions have downgraded their outlook on the stock in response to these results.
03Jun 25
Titagarh Rail Sets Ambitious Production Targets for 2027-2028
Titagarh Rail has announced plans to increase production capacity by 2027-2028, aiming for annual production of 800-850 rail cars and 3,000 traction motors per year. The company projects potential revenue of ₹1,500 crore within 2-3 years, with ₹300-400 crore from traction motors and ₹700-1,000 crore from EMU, MEMU, and other propulsion systems. This strategic focus on the propulsion business aligns with India's railway network modernization efforts.
03Jun 25
Titagarh Rail Systems Unveils Ambitious Production Targets in Recent Concall
Titagarh Rail Systems Limited has announced significant production targets during an investor conference call. The company plans to produce 40,000 tons of castings in its first phase. For railway coach manufacturing, it aims to achieve 20-25 cars per month in the near term, with plans to increase to 40-50 cars per month by FY27. These targets indicate a substantial growth trajectory for the company in the Indian rail manufacturing sector.
31May 25
Titagarh Rail Systems: Q4 Profit Down 18%, Revenue Dips 4%
Titagarh Rail Systems reported a 4.45% year-over-year decrease in Q4 consolidated revenue to ₹1,005.57 crore. Net profit fell 18.6% to ₹64.45 crore. Despite challenges, the company showed quarter-on-quarter improvements and recommended a dividend of ₹1 per share.
25Mar 25
Titagarh Rail Systems Grapples with Persistent Wheelset Issue in Q4
Titagarh Rail Systems Limited continues to face challenges with its wheelset issue as it enters the fourth quarter, according to CNBC TV18. The problem, which emerged in Q3, remains unresolved, potentially impacting the company's operational efficiency, financial performance, customer confidence, and industry reputation. The ongoing issue could affect production schedules, delivery timelines, and short-term profitability. No official statement has been released by the company regarding the current status of the problem or its potential impact on Q4 results.
25Mar 25
Titagarh Rail Reports Improved Wagon Execution in Q4 FY25
Titagarh Rail Systems Limited has reported an improvement in wagon execution during the fourth quarter of FY25 compared to the previous quarter. This development suggests enhanced production efficiency and delivery capabilities, potentially leading to increased output, revenue growth, and operational efficiency. The improvement aligns with the broader growth trend in India's railway equipment manufacturing sector.
Titagarh Rail Systems
813.55
+14.10
(+1.76%)
1 Year Returns:-41.79%
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