TITAGARH RAIL SYSTEMS quarterly results and financials

TITAGARH RAIL SYSTEMS (TITAGARH)₹702.45+0.43%(9 Nov 2026 close)Railway Wagons

Key facts

In the Jun 2026 quarter (consolidated), TITAGARH RAIL SYSTEMS reported sales of ₹766 Cr, up 12.6% from Jun 2025, and net profit of ₹53.06 Cr, up 70.9% year on year. For the year to Mar 2026, sales were ₹3,193 Cr and net profit ₹123 Cr.

Sales (Jun 2026): ₹766 Cr
Net profit (Jun 2026): ₹53.06 Cr
Sales (FY Mar 2026): ₹3,193 Cr
Net profit (FY Mar 2026): ₹123 Cr
EPS (Jun 2026): ₹3.91
Borrowings (Mar 2026): ₹622 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

TITAGARH RAIL SYSTEMS quarterly results

₹ crore unless stated; each column is a quarter.

TITAGARH RAIL SYSTEMS Quarterly results
	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	936	956	1,053	905	1,058	903	1,007	680	800	833	877	766
Expenses	819	842	933	805	930	808	986	614	724	739	782	670
Operating Profit	115	111	118	97.18	125	94.26	18.03	64.18	74.18	91.16	92.20	94.29
OPM %	12.0%	12.1%	11.1%	11.1%	12.1%	10.0%	1.8%	9.1%	9.1%	11.1%	11.0%	12.0%
Other Income	7.02	14.05	12.05	12.03	10.03	23.09	−128	11.04	14.06	0.00	14.06	7.03
Interest	20.01	17.99	16.01	12.99	16.98	20.99	21.99	17.99	17.99	17.99	17.01	14.99
Depreciation	7.01	7.01	7.01	7.01	8.02	6.01	8.01	12.02	12.01	13.02	14.02	15.03
Profit before tax	94.83	99.87	108	89.94	111	88.91	−140	44.94	56.95	59.95	74.92	70.86
Tax %	25.0%	25.0%	27.0%	26.0%	27.0%	29.0%	−12.0%	32.0%	35.0%	25.0%	28.0%	26.0%
Exceptional items	0.00	0.00	−2.01	0.00	0.00	0.00	−138	−1.01	0.00	−8.02	2.01	0.00
Net Profit	71.15	75.15	79.11	67.15	81.15	63.14	−124	31.04	37.05	45.11	54.06	53.06
EPS (Rs)	5.56	5.57	5.87	4.99	6.00	4.67	−9.11	2.30	2.75	3.36	4.02	3.91

TITAGARH RAIL SYSTEMS profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

TITAGARH RAIL SYSTEMS Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	961	1,716	1,269	1,563	1,769	1,522	1,469	2,785	3,858	3,872	3,193	3,275
Expenses	927	1,601	1,363	1,546	1,643	1,436	1,300	2,525	3,397	3,454	2,850	2,914
Operating Profit	30.08	108	−97.27	9.02	121	81.23	165	252	450	410	332	352
OPM %	3.2%	6.0%	−8.0%	0.6%	7.0%	5.0%	11.0%	9.1%	12.1%	11.0%	10.0%	10.7%
Other Income	20.07	24.08	25.08	25.09	−60.18	25.10	−61.19	34.13	38.16	75.26	−15.06	35.15
Interest	16.99	31.01	43.97	65.02	88.02	81.02	57.03	81.04	73.01	72.97	71.03	67.98
Depreciation	46.04	52.08	51.05	24.02	29.06	30.06	18.03	22.04	27.02	30.02	51.09	54.08
Profit before tax	−12.99	49.90	−167	−55.91	−56.92	−5.99	28.99	181	385	381	194	263
Tax %	52.0%	45.0%	−12.0%	−59.0%	−36.0%	237.0%	102.0%	31.0%	26.0%	28.0%	37.0%	—
Exceptional items	−2.01	−2.01	−1.01	−8.02	3.01	1.01	0.00	0.00	−2.01	0.00	−37.10	−6.01
Net Profit	−20.04	27.07	−147	−23.05	−36.07	−19.05	−1.01	126	286	275	123	189
EPS (Rs)	−1.70	2.34	−12.45	−2.48	−2.97	−1.27	−0.04	10.91	21.29	20.56	9.15	14.04
Dividend payout %	−47.1%	33.9%	−2.0%	−12.1%	0.0%	0.0%	0.0%	5.0%	4.0%	5.0%	10.9%	—

TITAGARH RAIL SYSTEMS balance sheet

₹ crore, at each year end.

TITAGARH RAIL SYSTEMS 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
Equity Capital	19.97	22.99	22.99	22.99	22.99	22.99	23.99	23.99	23.99	26.99	26.96	26.99
Reserves	670	931	946	834	794	744	818	820	942	2,195	2,459	2,433
Borrowings	125	233	372	623	895	729	846	919	353	166	627	622
Other Liabilities	245	1,491	1,354	1,211	973	773	775	903	930	832	651	957
Total Liabilities	1,060	2,677	2,695	2,690	2,685	2,271	2,462	2,665	2,248	3,220	3,763	4,040
Fixed Assets	415	974	931	956	932	869	868	964	730	746	990	1,389
CWIP	27.01	13.02	15.01	27.03	36.05	0.00	41.02	61.07	12.01	174	122	72.08
Investments	1.01	21.07	82.28	83.33	87.33	29.11	31.14	30.11	32.11	199	300	280
Other Assets	617	1,668	1,667	1,624	1,631	1,372	1,521	1,610	1,475	2,101	2,351	2,299
Inventories	224	717	537	442	521	376	385	504	461	524	523	588
Trade receivables	113	229	233	275	343	251	566	232	278	531	670	628
Cash & equivalents	148	205	46.14	74.17	119	56.18	124	42.10	100	611	469	318
Total Assets	1,060	2,677	2,695	2,690	2,685	2,271	2,462	2,665	2,248	3,220	3,763	4,040

TITAGARH RAIL SYSTEMS cash flow

₹ crore, for each year.

TITAGARH RAIL SYSTEMS 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	68.10	55.13	41.07	86.19	−97.16	322
Cash from investing activity	−24.96	−49.86	43.91	−44.90	−48.89	3.99	−59.83	−72.81	−60.90	−536	−577	−133
Cash from financing activity	−69.05	216	111	191	214	−227	43.04	−53.02	67.08	725	372	−52.02
Net cash flow	7.99	10.99	−21.99	25.02	40.01	−70.01	50.99	−71.06	45.99	274	−304	137
Capex	40.96	21.98	21.97	36.93	62.92	35.97	59.87	102	36.93	164	236	368
Free cash flow	60.91	−176	−198	−150	−188	129	8.97	−40.93	3.99	−77.81	−327	−44.91
CFO / OP %	280.1%	−500.9%	−154.0%	104.1%	−1,160.9%	136.1%	82.1%	40.1%	43.1%	41.1%	0.0%	118.1%

TITAGARH RAIL SYSTEMS ratios

Working-capital days and returns, by year.

TITAGARH RAIL SYSTEMS Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	54	87	50	79	81	52	136	58	37	50	63	72
Inventory days	175	470	181	212	202	118	141	175	77	63	64	91
Days payable	74	247	149	147	208	110	145	152	54	38	28	51
Cash conversion cycle	155	310	82	145	75	60	131	81	60	75	99	113
Working capital days	55	57	38	3	62	96	90	48	20	61	58	76
ROCE %	5.0%	2.0%	6.0%	−8.0%	1.0%	7.0%	5.0%	9.0%	18.0%	25.0%	17.0%	11.0%

TITAGARH RAIL SYSTEMS: frequently asked questions

What are the latest quarterly results of TITAGARH RAIL SYSTEMS?

For the Jun 2026 quarter, TITAGARH RAIL SYSTEMS reported sales of ₹766 Cr, up 12.6% year on year and net profit of ₹53.06 Cr, up 70.9% year on year. The operating margin was 12.0%.

What is the annual revenue of TITAGARH RAIL SYSTEMS?

TITAGARH RAIL SYSTEMS' sales for the year to Mar 2026 were ₹3,193 Cr; over the last twelve months they were ₹3,275 Cr.

What is the net profit of TITAGARH RAIL SYSTEMS?

Net profit for the year to Mar 2026 was ₹123 Cr, and ₹189 Cr over the last twelve months. Earnings per share over the same trailing period were ₹14.04.

How much debt does TITAGARH RAIL SYSTEMS have?

TITAGARH RAIL SYSTEMS reported borrowings of ₹622 Cr at Mar 2026, against cash and equivalents of ₹318 Cr.

What is the free cash flow of TITAGARH RAIL SYSTEMS?

Cash from operations was ₹322 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹44.91 Cr.

Loading…