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Day High
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NSE Close — 25 Sep 2026
₹822.6
Change
+3.35 (0.41%)
Open
₹816.0
Prev. Close
₹819.25
Day High
₹825.0
Day Low
₹811.15
Volume Analysis
Traded
277,001
Delivered
86,735
Delivery %
31.31%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (2)
- •Low return on equity (6.78%)
- •Promoter holding is falling
Opportunities (0)
No signal for this stock
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹841.86 | ₹833.43 | ₹828.01 | ₹819.58 | ₹814.16 | ₹805.73 | ₹800.31 |
| Fibonacci | ₹833.43 | ₹828.14 | ₹824.87 | ₹819.58 | ₹814.29 | ₹811.02 | ₹805.73 |
| Camarilla | ₹826.41 | ₹825.14 | ₹823.87 | ₹819.58 | ₹821.33 | ₹820.06 | ₹818.79 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-6.71%
1 Week
-2.19%
1 Month
-1.53%
3 Months
-6.6%
6 Months
+35.07%
1 Year
-6.44%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹193.36
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
7.45%
Net margin 5.75% × asset turnover 0.79x × equity multiplier 1.64x
Company Overview
Sector
Capital Goods
Market Cap
₹11,078 Cr
P/E (TTM)
57.0
ROE
6.78%
Book Value
₹182.0
Face Value
₹2.0
Source: Screener.in (Consolidated figures) — data as of 27 Sep 2026. Not investment advice.
TopFund Analysis
Titagarh Rail Systems Ltd lands in the middle of the pack on TopFund's composite fundamentals check within the Capital Goods sector, at 52/100. The strongest factor is Financial Strength (100/100), while Valuation (22/100) is the weakest area to weigh before deciding. Notably: Low return on equity (6.78%); promoter holding is falling. FII holding has been falling.
TopFund Score — Fundamentals Quality
52/100 — AverageData confidence: 78/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- −Company has a low return on equity of 9.56% over last 3 years.
- −Dividend payout has been low at 10.0% of profits over last 3 years
- −Promoter holding has decreased over last 3 years: -7.36%
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Trading window closes from 1 October 2026 until 48 hours after Q2 FY2027 results.
TRSL and BHEL signed 35-year maintenance contract and JV for 80 Vande Bharat sleeper trainsets.
Titagarh Rail signed 50:50 JV with BHEL for 35-year maintenance of 80 Vande Bharat trainsets.
We hereby enclose copies of Newspaper Advertisement published on 9th September, 2026, regarding the completion of dispatch of notice of the 29th Annual General Meeting.
Titagarh Rail Systems shares 2025-26 annual report link, KYC update reminder, and 29th AGM on 30 September 2026.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 911 | 935 | 955 | 1,052 | 903 | 1,057 | 902 | 1,006 | 679 | 799 | 832 | 875 | 765 |
| Expenses + | 805 | 821 | 844 | 935 | 806 | 932 | 809 | 987 | 615 | 725 | 741 | 783 | 671 |
| Operating Profit | 106 | 115 | 111 | 118 | 97 | 125 | 94 | 18 | 64 | 74 | 91 | 92 | 94 |
| OPM % | 12.0% | 12.0% | 12.0% | 11.0% | 11.0% | 12.0% | 10.0% | 1.8% | 9.0% | 9.0% | 11.0% | 11.0% | 12.0% |
| Other Income + | 4 | 7 | 14 | 12 | 12 | 10 | 23 | -128 | 11 | 14 | 0 | 14 | 7 |
| Interest | 19 | 20 | 18 | 16 | 13 | 17 | 21 | 22 | 18 | 18 | 18 | 17 | 15 |
| Depreciation | 7 | 7 | 7 | 7 | 7 | 8 | 6 | 8 | 12 | 12 | 13 | 14 | 15 |
| Profit before tax | 84 | 95 | 100 | 108 | 90 | 111 | 89 | -140 | 45 | 57 | 60 | 75 | 71 |
| Tax % | 27.0% | 25.0% | 25.0% | 27.0% | 26.0% | 27.0% | 29.0% | -12.0% | 32.0% | 35.0% | 25.0% | 28.0% | 26.0% |
| Net Profit + | 62 | 71 | 75 | 79 | 67 | 81 | 63 | -124 | 31 | 37 | 45 | 54 | 53 |
| EPS in Rs | 5 | 6 | 6 | 6 | 5 | 6 | 5 | -9 | 2 | 3 | 3 | 4 | 4 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 761 | 959 | 1,714 | 1,268 | 1,559 | 1,766 | 1,521 | 1,468 | 2,780 | 3,853 | 3,868 | 3,186 | 3,272 |
| Expenses + | 721 | 929 | 1,605 | 1,365 | 1,550 | 1,645 | 1,440 | 1,303 | 2,529 | 3,404 | 3,533 | 2,855 | 2,921 |
| Operating Profit | 40 | 30 | 108 | -97 | 9 | 121 | 81 | 165 | 251 | 449 | 335 | 331 | 351 |
| OPM % | 5.0% | 3.2% | 6.0% | -8.0% | 0.6% | 7.0% | 5.0% | 11.0% | 9.0% | 12.0% | 9.0% | 10.0% | 11.0% |
| Other Income + | 0 | 20 | 24 | 25 | 25 | -60 | 25 | -61 | 34 | 38 | -82 | -15 | 34 |
| Interest | 18 | 17 | 31 | 44 | 65 | 88 | 81 | 57 | 81 | 73 | 73 | 71 | 68 |
| Depreciation | 26 | 46 | 52 | 51 | 24 | 29 | 30 | 18 | 22 | 27 | 30 | 51 | 54 |
| Profit before tax | -4 | -13 | 50 | -167 | -56 | -57 | -6 | 29 | 181 | 386 | 150 | 194 | 263 |
| Tax % | 177.0% | 52.0% | 45.0% | -12.0% | -59.0% | -36.0% | 237.0% | 102.0% | 31.0% | 26.0% | 42.0% | 37.0% | — |
| Net Profit + | -10 | -20 | 27 | -147 | -23 | -36 | -19 | -1 | 126 | 286 | 87 | 123 | 188 |
| EPS in Rs | 0 | -2 | 2 | -12 | -2 | -3 | -1 | 0 | 11 | 21 | 7 | 9 | 14 |
| Dividend Payout % | -48.0% | -47.0% | 34.0% | -2.0% | -12.0% | 0.0% | 0.0% | 0.0% | 5.0% | 4.0% | 15.0% | 11.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 669 | 930 | 944 | 832 | 793 | 743 | 817 | 818 | 940 | 2,191 | 2,268 | 2,429 |
| Borrowings + | 125 | 233 | 372 | 624 | 896 | 730 | 847 | 920 | 353 | 166 | 627 | 623 |
| Other Liabilities + | 246 | 1,493 | 1,356 | 1,210 | 975 | 775 | 775 | 903 | 931 | 832 | 791 | 960 |
| Total Liabilities | 1,060 | 2,678 | 2,695 | 2,689 | 2,687 | 2,272 | 2,462 | 2,664 | 2,248 | 3,216 | 3,713 | 4,039 |
| Fixed Assets + | 416 | 977 | 933 | 958 | 935 | 872 | 871 | 966 | 732 | 748 | 992 | 1,274 |
| CWIP | 27 | 13 | 15 | 27 | 36 | 0 | 41 | 61 | 12 | 174 | 122 | 192 |
| Investments | 1 | 21 | 82 | 83 | 87 | 29 | 31 | 30 | 32 | 198 | 225 | 279 |
| Other Assets + | 616 | 1,666 | 1,665 | 1,621 | 1,630 | 1,371 | 1,518 | 1,607 | 1,472 | 2,097 | 2,374 | 2,295 |
| Total Assets | 1,060 | 2,678 | 2,695 | 2,689 | 2,687 | 2,272 | 2,462 | 2,664 | 2,248 | 3,216 | 3,713 | 4,039 |
| Equity Capital | 20 | 23 | 23 | 23 | 23 | 23 | 24 | 24 | 24 | 27 | 27 | 27 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 102 | -154 | -177 | -121 | -124 | 154 | 68 | 55 | 41 | 86 | -97 | 322 |
| Cash from Investing Activity + | -25 | -50 | 44 | -45 | -49 | 4 | -60 | -73 | -61 | -537 | -579 | -134 |
| Cash from Financing Activity + | -69 | 216 | 111 | 191 | 214 | -227 | 43 | -53 | 67 | 724 | 372 | -52 |
| Net Cash Flow | 8 | 11 | -22 | 25 | 40 | -70 | 51 | -71 | 46 | 274 | -304 | 137 |
| CFO/OP | 280 | -501 | -154 | 104 | -1,161 | 136 | 82 | 40 | 43 | 41 | 0 | 118 |
| Free Cash Flow | 61 | -176 | -199 | -150 | -188 | 129 | 9 | -41 | 4 | -78 | -328 | -45 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 27.73% | 25.22% | 26.53% | 25.83% | 29.25% | 30.86% | 34.49% | 38.35% | 37.19% | 36.28% | 36.42% | 33.28% |
| Promoters | 44.97% | 42.47% | 42.46% | 40.46% | 40.46% | 40.46% | 40.46% | 40.46% | 40.46% | 40.46% | 40.46% | 40.46% |
| Government | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| FII | 16.85% | 20.04% | 17.27% | 19.56% | 16.32% | 13.67% | 11.63% | 9.49% | 9.56% | 10.66% | 10.67% | 10.87% |
| DII | 10.45% | 12.27% | 13.72% | 14.13% | 13.94% | 15.01% | 13.4% | 11.67% | 12.77% | 12.6% | 12.46% | 15.38% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Capital Goods — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Titagarh Rail Systems Ltd (this stock) | 11,078 | 57.0 | 4.52 | 6.78% |
| Paras Def And Spce Tech L | 10,646 | 115.0 | 14.68 | 12.4% |
| Elecon Eng. Co. Ltd | 10,470 | 34.6 | 4.53 | 16.4% |
| Karamtara Engineering L | 11,750 | 51.2 | — | 20.8% |
| Quality Power Elec Equp L | 11,754 | 88.2 | 21.69 | 25.1% |
| Atlanta Electricals Ltd | 12,150 | 55.6 | 13.06 | 31.7% |
| Jupiter Wagons Limited | 9,685 | 54.4 | 3.26 | 6.37% |
Which Mutual Funds Hold Titagarh Rail Systems Ltd?
Frequently Asked Questions about Titagarh Rail Systems Ltd
Titagarh Rail Systems Ltd (TITAGARH) closed at ₹822.6 on NSE on 25 September 2026, up 3.35 (0.41%) from the previous close.
Titagarh Rail Systems Ltd trades on the NSE (National Stock Exchange of India) under the symbol TITAGARH.
Titagarh Rail Systems Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 57.0.
Titagarh Rail Systems Ltd has a dividend yield of 0.12%.
Titagarh Rail Systems Ltd's 52-week high is ₹971.0 and its 52-week low is ₹569.0.
Titagarh Rail Systems Ltd has a market capitalisation of ₹11,078 crore.
Titagarh Rail Systems Ltd has a TopFund Quality Score of 52/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
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