Titagarh Rail Systems Ltd
TITAGARHTitagarh Rail Systems Ltd
TITAGARH
Price Chart
Scorecard
Performance
HighThe creamy layer - amongst the top performing stocks
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 51.40 | 6.99 | 0.07% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 49.98 | 7.01 | 0.55% |
Forecast & Ratings
Detailed Forecast from 6 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Titagarh Rail Systems, formerly Titagarh Wagons, is a supplier of passenger rolling stock including metro coaches.
Investor Presentation
View olderPeers
Compare with peersJupiter Wagons Ltd
BEML Ltd
Ramkrishna Forgings Ltd
Texmaco Rail & Engineering Ltd
Oriental Rail Infrastructure Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,000.03 | 1,742.62 | 1,298.07 | 1,591.92 | 1,800.34 | 1,545.50 | 1,485.23 | 2,822.17 | 3,893.11 | 4,019.39 | ||||||||||
Raw Materials | 558.68 | 915.20 | 692.40 | 999.77 | 1,192.30 | 1,045.66 | 1,037.26 | 2,165.30 | 2,951.70 | 3,518.58 | ||||||||||
| Power & Fuel Cost | 27.58 | 28.59 | 27.68 | 35.04 | 45.58 | 34.22 | 33.26 | 43.70 | 50.46 | |||||||||||
| Employee Cost | 168.16 | 212.13 | 239.32 | 176.13 | 151.77 | 210.57 | 45.42 | 56.53 | 66.29 | |||||||||||
| Selling & Administrative Expenses | 58.11 | 71.87 | 89.12 | 108.04 | 56.44 | 55.52 | 24.46 | 30.59 | 44.64 | |||||||||||
| Operating & Other expenses | 137.10 | 382.30 | 321.83 | 239.30 | 293.50 | 94.04 | 240.67 | 241.61 | 293.18 | |||||||||||
EBITDA | 50.40 | 132.53 | -72.28 | 33.64 | 60.75 | 105.49 | 104.16 | 284.44 | 486.84 | 500.81 | ||||||||||
| Depreciation/Amortization | 45.92 | 51.52 | 50.84 | 23.99 | 29.13 | 29.87 | 18.38 | 22.50 | 27.10 | 28.57 | ||||||||||
| PBIT | 4.48 | 81.01 | -123.12 | 9.65 | 31.62 | 75.62 | 85.78 | 261.94 | 459.74 | 472.24 | ||||||||||
| Interest & Other Items | 17.29 | 31.31 | 44.06 | 65.18 | 88.27 | 81.20 | 57.27 | 80.75 | 73.45 | 64.05 | ||||||||||
| PBT | -12.81 | 49.70 | -167.18 | -55.53 | -56.65 | -5.58 | 28.51 | 181.19 | 386.29 | 408.19 | ||||||||||
| Taxes & Other Items | 6.71 | 22.79 | -23.56 | -27.00 | -22.46 | 9.42 | 28.83 | 50.98 | 100.14 | 106.70 | ||||||||||
| Net Income | -19.52 | 26.91 | -143.62 | -28.53 | -34.19 | -15.00 | -0.32 | 130.21 | 286.15 | 301.49 | ||||||||||
| EPS | -1.81 | 2.33 | -12.44 | -2.47 | -2.96 | -1.28 | -0.03 | 10.89 | 22.51 | 22.39 | ||||||||||
| DPS | 0.80 | 0.80 | 0.30 | 0.30 | 0.00 | 0.00 | 0.00 | 0.50 | 0.80 | 0.80 | ||||||||||
| Payout ratio | — | 0.34 | — | — | 0.00 | 0.00 | 0.00 | 0.05 | 0.04 | 0.04 |
Company Updates
Peers & Comparison
IndustrialsRail
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Titagarh Rail Systems Ltd | 54.15 | 6.99 | 0.07% |
| Jupiter Wagons Ltd | 63.24 | 12.85 | 0.12% |
| BEML Ltd | 61.94 | 6.54 | 0.49% |
| Ramkrishna Forgings Ltd | 50.96 | 6.48 | 0.21% |
Price Comparison
Compare TITAGARH with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 2.00%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 3.47%
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 3.24%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Decreased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has decreased by 1.14%
Top 5 Mutual Funds holding Titagarh Rail Systems Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
HDFC Balanced Advantage Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.1494% | Percentage of the fund’s portfolio invested in the stock 0.53% | Change in the portfolio weight of the stock over the last 3 months -0.34% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 26/301 (-2) |
Franklin India Smaller Companies Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.8727% | Percentage of the fund’s portfolio invested in the stock 0.98% | Change in the portfolio weight of the stock over the last 3 months -0.76% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 68/104 (-10) |
Canara Robeco Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.7539% | Percentage of the fund’s portfolio invested in the stock 1.00% | Change in the portfolio weight of the stock over the last 3 months -0.37% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 44/105 (+3) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 20, 2024
Dividend/Share
₹0.80
Ex DateEx Date
Aug 20, 2024
Cash Dividend
Ex DateEx DateSep 22, 2023
Dividend/Share
₹0.50
Ex DateEx Date
Sep 22, 2023
Cash Dividend
Ex DateEx DateSep 11, 2019
Dividend/Share
₹0.30
Ex DateEx Date
Sep 11, 2019
Cash Dividend
Ex DateEx DateJul 20, 2017
Dividend/Share
₹0.80
Ex DateEx Date
Jul 20, 2017
Cash Dividend
Ex DateEx DateMar 28, 2016
Dividend/Share
₹0.80
Ex DateEx Date
Mar 28, 2016
Revenue from operations increased by 12.98% to Rs 1,056.95 crore in the second quarter of FY25, compared to Rs 935.45 crore recorded in the corresponding quarter of the previous year. profit before tax for the quarter stood at Rs 115.01 crore, up by 21.21% from Rs 94.88 crore in same quarter last year. During the quarter, EBITDA was at Rs 129.41 crore, up 12.45% YoY. EBITDA margin came in at 12.45% in Q2 FY25 as against 12.30% posted in Q2 FY24. On segmental front, revenue from freight rail system was at 1,000.03 crore (up 24.86% YoY) while passenger rail system stood at Rs 56.92 crore (down 57.70% YoY) during the period under review. On half year basis the company's standalone net profit increased to Rs 156.43 crore in H1 FY25 as against Rs 138.46 crore posted in H1 FY24. The company's revenue from operation jumped 6.16% YoY to Rs 1,960 crore in H1 FY25. Titagarh Rail Systems (formerly known as Titagarh Wagons) is the largest private sector manufacturer of wagons and an established player in passenger coaches. Powered by Capital Market - Live
Net profit of Titagarh Rail Systems rose 14.31% to Rs 80.69 crore in the quarter ended September 2024 as against Rs 70.59 crore during the previous quarter ended September 2023. Sales rose 12.99% to Rs 1056.95 crore in the quarter ended September 2024 as against Rs 935.45 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1056.95935.45 13 OPM %11.8512.25 - PBDT118.51101.08 17 PBT110.8694.40 17 NP80.6970.59 14 Powered by Capital Market - Live
Titagarh Rail Systems will hold a meeting of the Board of Directors of the Company on 26 October 2024.Powered by Capital Market - Live
Titagarh Rail Systems announced that the 27th Annual General Meeting (AGM) of the company will be held on 27 August 2024.Powered by Capital Market - Live
Net profit of Titagarh Rail Systems rose 8.45% to Rs 67.01 crore in the quarter ended June 2024 as against Rs 61.79 crore during the previous quarter ended June 2023. Sales declined 0.85% to Rs 903.05 crore in the quarter ended June 2024 as against Rs 910.76 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales903.05910.76 -1 OPM %10.7911.65 - PBDT97.2590.89 7 PBT90.1184.26 7 NP67.0161.79 8 Powered by Capital Market - Live
Titagarh Rail Systems (TRSL) has commenced the export of traction converters, pursuant to which the first batch of 8 converters were shipped to Titagarh Firema S.p.A (Titagarh Firema), Italy on 19 July 2024. The said export is part of a EUR 7.18 million (Rs 65 crore approx.) order received by TRSL from Titagarh Firema and marks the first rollout of traction converters from Passenger Rolling Stock Facility of Titagarh, India. Titagarh Firema received an order from Regione Lazio, Italy, for the design, manufacture and supply of 38 trainsets for a total value of approximately EUR 276 Million, with a design speed of 100 kmph. . Titagarh received the order from Firema, Italy to supply traction converters for the first batch of 11 trains to Regione Lazio Viterbo line, operating at 3 KV, and the Regione Lazio Lido line, operating at 1.5 KV. TRSL plans to ship two train sets, or eight converters, each month to complete the order. Titagarh India is proud to announce the successful production and indigenisation of these converters. The design was expertly handled by Titagarh's Italian associate, Titagarh Firema, showcasing a seamless partnership between the entities. This collaboration has laid a robust foundation for the manufacturing systems and processes for such highly technological items in Uttarpara. The Titagarh India Passenger Rolling Stock Facility currently has a manufacturing capacity of 25 converters per month, which it plans to increase to 50 converters per month, including Mainline Electric Multiple Unit (MEMU) and Electric Multiple Unit (EMU) converters.Powered by Capital Market - Live
Titagarh Rail Systems will hold a meeting of the Board of Directors of the Company on 30 July 2024.Powered by Capital Market - Live
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Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 19.58%, vs industry avg of 12.2%
Increasing Market Share
Over the last 5 years, market share increased from 17.09% to 19.72%