TITAGARH share price, P/E, ROE & financials

As of 6 Nov 2026, Titagarh Rail Systems trades at 48.5× trailing earnings, above the industry P/E of 26.0×, and the shares are 30% below their 52-week high. It earns ROCE of 8.6% and ROE of 5.2%, and sales grew 4.7% a year over 3 years while net profit fell 1.9%. Its dividend yield is 0.1%, and debt is 0.25× equity. It is a small-cap company with a market cap of ₹9,129 Cr, ranked 2nd of 15 Railroads companies by market cap; the shares fell 22% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹686.00
Day high: ₹686.00
Day low: ₹670.05
Prev. close: ₹685.80
Volume: 3.1 L

Health check

1 fair · 5 to check

ReturnsBehind
−22.0% over a year, better than 2 of 7 peers.
Price tagPricier
P/E 48.5 vs industry 26.0.
GrowthSlow
Sales +4.7%, profit −1.9% a year over 3 years.
ProfitabilityWeak
ROCE 8.6% vs peer median 13.3%.
Balance sheetFair
Debt 0.25× equity, interest covered 4.8×, Piotroski 7 of 9.
Red flags3 to check
Return on equity is low at 5.2%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Railroads

14 listed peers. Screen the industry

Small cap

₹9,129 Cr, #2 of 15 in its industry by size.

Moves with the market

Beta 0.89 vs the NIFTY 50: tracks the market closely.

Key metrics

Last 12 months to Jun 2026: sales ₹3,272 Cr · profit ₹197 Cr

Market cap: ₹9,129 Cr; Small cap
P/E: 48.5; Industry 26.0
Price to book: 3.75; Peers 2.86
Dividend yield: 0.15%
ROE: 5.2%; Peers 9.3%
ROCE: 8.6%; Peers 13.3%
Debt to equity: 0.25; Debt ₹623 Cr
EPS (TTM): ₹13.98; Face value ₹2
OPM (TTM): 9.6%; Net margin 6.1%
Sales growth: +12.6%; Latest quarter vs a year ago
Profit growth: +67.0%; Latest quarter vs a year ago
Price to sales: 2.79; EV/EBITDA 25.2

Strengths

Quarterly profit up 67.0% on a year ago.

Risks to check

Return on equity is low at 5.2%.
P/E of 48.5 against an industry P/E of 26.0.
30% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Titagarh Rail Systems

Titagarh Rail Systems Limited manufactures and sells freight and passenger rail systems in India and internationally. The company offers forged wheel set, cast bogies, couplers, draft gear, loco shells, and cast manganese steel crossing products; flat, hopper, tank, box, automobile-carrying, covered, and special purpose wagons; and brake vans. It also provides passenger rolling stock products, including semi high-speed trains, electric multiple unit train…

Headquarters: Kolkata
Employees: 1,052
Sector: Industrials
ISIN: INE615H01020
Website: titagarh.in

Price range

52 weeks

₹568.70₹971.00

Today

₹670.05₹686.00

Avg volume (3M): 6.1 L
1-year return: minus 22.0%
From 52-week high: minus 30.2%

Analyst consensus

9 analysts

No consensusMean target ₹1,010.22 49.0%

Target range, with today’s price

Low ₹966.00High ₹1,087.00

Today’s price ₹677.85 is below the lowest analyst target.

Consensus from Yahoo Finance. Not a recommendation.

Peers · Railroads

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
CONCORContainer Corporation of India	439.80	minus 0.24%	33,496	27.4	15.9	12.4%	14.5%	0.08	4.1%	minus 18.7%
TITAGARHTitagarh Rail Systems	677.85	minus 1.16%	9,129	48.5	27.0	8.6%	9.6%	0.25	4.7%	minus 22.0%
JWLJupiter Wagons	197.94	minus 0.88%	8,459	52.6	23.6	9.0%	9.5%	0.33	12.1%	minus 38.0%
TEXRAILTexmaco Rail & Engineering	104.96	plus 1.36%	4,270	19.7	11.9	–	8.9%	0.37	25.1%	minus 23.0%
CNCRDConcord Control Systems	2,764.05	minus 0.82%	2,870	59.5	47.0	26.3%	28.9%	0.34	62.3%	plus 42.3%
QUADFUTUREQuadrant Future Tek	421.95	minus 0.65%	1,688	–	–	−18.6%	−30.6%	0.10	−0.3%	plus 26.4%
AIRFLOAAirfloa Rail Technology	484.90	plus 2.21%	1,162	26.0	19.0	24.9%	17.6%	0.28	49.7%	plus 28.7%
COSMICCRFCosmic CRF	906.60	minus 0.68%	862	16.5	12.5	14.3%	8.6%	0.29	80.7%	minus 19.4%
Median of 7 peers	–	−0.65%	2,870	26.7	17.4	13.3%	9.5%	0.29	25.1%	−18.7%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
679	799	832	875	765
669	728	753	792	685
9.8	71.2	79.5	83	79.9
1.4%	8.9%	9.6%	9.5%	10.4%
54	4.3	3.4	6.6	6.1
17.8	18.3	17.8	16.9	15.1
−54	–	–	–	–
−8	57.3	65.2	72.7	70.9
−180.9%	35.4%	26.0%	29.1%	25.8%
−23.1	36.9	48	54	52.6
-1.71	2.73	3.58	3.97	3.84

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +4.7%
Profit CAGR 3Y: −1.9%
EPS CAGR 3Y: −5.7%
ROE: 5.2%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
2,755	3,805	3,805	3,161
–	+38.1%	minus 0.0%	minus 16.9%
2,463	3,352	3,574	2,866
292	454	231	295
10.6%	11.9%	6.1%	9.3%
7.8	10.1	141	66.7
64.7	55.5	51.8	50.8
22.5	27.1	29.6	51.1
−22.7	7.3	−141	−66.7
190	389	150	193
29.2%	25.8%	42.0%	36.9%
130	286	88.1	123
–	+119.8%	minus 69.2%	+39.6%
10.89	22.46	6.43	9.12

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
23.9	26.9	26.9	26.9
940	2,191	2,268	2,429
353	166	627	623
710	832	791	960
2,027	3,216	3,713	4,039
734	846	954	1,261
12.3	108	39.6	71.6
85.5	89.8	133	−26.8
99.8	627	610	217
1,095	1,546	1,977	2,516
2,027	3,216	3,713	4,039

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
40.9	85.8	−97.4	322
−61.4	−537	−579	−133
66.5	724	372	−51.7
46.1	273	−304	137
−36.7	−164	−236	−369
4.2	−77.7	−333	−46.4
−0	−6.4	−10.8	−13.5

Shareholding pattern

Source: NSE filings

40.5%

promoters

Promoters40.46%
Public59.54%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	40.46%	59.54%	0.00
30 Jun 2026	40.46%	59.54%	0.00
31 Mar 2026	40.46%	59.54%	0.00
31 Dec 2025	40.46%	59.54%	0.00
30 Sep 2025	40.46%	59.54%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you