WEBSITE BSE:532966 NSE: TITAGARH Inc. Year: 1997 Industry: Railways Wagons
Last updated: 09:01
Titagarh Wagons Ltd is an totally India-based holding organisation. The Company is engaged in the manufacturing and selling of railway wagons, metallic castings, heavy earth moving and mining device, bailey bridges, electric multiple unit (EMU) and non-ferrous metallic alloys, among others. It operates through commercial enterprise segments: Wagons & Coaches, and Others. The Company is also engaged in finance, lease purchase and leasing, and ship building, ship breaking, delivery, marine engineering, naval architecture and ocean engineering. I...Read More
Titagarh Wagons Ltd is an totally India-based holding organisation. The Company is engaged in the manufacturing and selling of railway wagons, metallic castings, heavy earth moving and mining device, bailey bridges, electric multiple unit (EMU) and non-ferrous metallic alloys, among others. It operates through commercial enterprise segments: Wagons & Coaches, and Others. The Company is also engaged in finance, lease purchase and leasing, and ship building, ship breaking, delivery, marine engineering, naval architecture and ocean engineering. Its Wagons & Coaches section is engaged within the manufacturing of wagons, coaches, bogies, couplers and crossings as per client specification. Its Others segment consists of miscellaneous business, which includes heavy earth moving machineries and bailey bridges, amongst others. The Company's product range covers a range of wagons, inclusive of Hopper Wagon, Container Flat Wagon, Tank Wagon, Open Top Wagon and others. The Company mainly caters to domestic marketplace. ...Read Less
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Market Cap ₹8471 Cr.
Stock P/E 31.3
P/B 3.3
Current Price ₹629
Book Value ₹ 192.6
Face Value 2
52W High ₹974.1
Dividend Yield 0.16%
52W Low ₹ 637.8
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 935 | 955 | 1052 | 903 | 1057 | 902 | 1006 | 679 | 799 | 832 |
| Other Income | 7 | 14 | 15 | 12 | 11 | 22 | 30 | 12 | 14 | 11 |
| Total Income | 942 | 969 | 1067 | 915 | 1068 | 925 | 1035 | 691 | 813 | 843 |
| Total Expenditure | 820 | 844 | 932 | 801 | 928 | 802 | 904 | 604 | 715 | 740 |
| Operating Profit | 122 | 125 | 135 | 114 | 140 | 123 | 132 | 87 | 98 | 103 |
| Interest | 20 | 18 | 16 | 13 | 17 | 21 | 22 | 18 | 18 | 18 |
| Depreciation | 7 | 7 | 7 | 7 | 8 | 6 | 8 | 12 | 12 | 13 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 95 | 100 | 112 | 94 | 115 | 95 | 101 | 57 | 67 | 73 |
| Provision for Tax | 24 | 25 | 29 | 23 | 30 | 26 | 27 | 14 | 20 | 17 |
| Profit After Tax | 71 | 75 | 83 | 71 | 85 | 69 | 74 | 43 | 47 | 56 |
| Adjustments | -0 | -0 | -4 | -4 | -4 | -6 | -9 | -12 | -10 | -8 |
| Profit After Adjustments | 71 | 75 | 79 | 67 | 81 | 63 | 64 | 31 | 37 | 48 |
| Adjusted Earnings Per Share | 5.6 | 5.6 | 5.9 | 5 | 6 | 4.7 | 4.8 | 2.3 | 2.7 | 3.6 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 761 | 959 | 1714 | 1268 | 1559 | 1766 | 1521 | 1468 | 2780 | 3853 | 3868 | 3316 |
| Other Income | 43 | 43 | 78 | 45 | 46 | 54 | 44 | 26 | 43 | 43 | 76 | 67 |
| Total Income | 804 | 1002 | 1792 | 1313 | 1605 | 1821 | 1564 | 1493 | 2822 | 3897 | 3944 | 3382 |
| Total Expenditure | 736 | 931 | 1655 | 1380 | 1489 | 1666 | 1459 | 1311 | 2516 | 3405 | 3435 | 2963 |
| Operating Profit | 68 | 71 | 137 | -67 | 116 | 155 | 105 | 183 | 306 | 492 | 508 | 420 |
| Interest | 18 | 17 | 31 | 44 | 65 | 88 | 81 | 57 | 81 | 73 | 73 | 76 |
| Depreciation | 26 | 46 | 52 | 51 | 24 | 29 | 30 | 18 | 23 | 27 | 30 | 45 |
| Exceptional Income / Expenses | -28 | -21 | -4 | -5 | -8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -4 | -13 | 50 | -167 | 19 | 37 | -6 | 107 | 190 | 389 | 382 | 298 |
| Provision for Tax | 6 | 7 | 22 | -20 | -33 | -21 | 13 | 29 | 55 | 100 | 107 | 78 |
| Profit After Tax | -10 | -20 | 27 | -147 | 52 | 58 | -19 | 78 | 135 | 288 | 275 | 220 |
| Adjustments | 7 | 3 | -1 | 4 | -80 | -92 | 4 | -78 | -4 | -2 | 1 | -39 |
| Profit After Adjustments | -3 | -16 | 27 | -144 | -29 | -34 | -15 | -0 | 130 | 286 | 276 | 180 |
| Adjusted Earnings Per Share | -0.3 | -1.4 | 2.3 | -12.4 | -2.5 | -3 | -1.3 | -0 | 10.9 | 21.3 | 20.5 | 13.4 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 0% | 38% | 17% | 18% |
| Operating Profit CAGR | 3% | 41% | 27% | 22% |
| PAT CAGR | -5% | 52% | 37% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -9% | 37% | 65% | 21% |
| ROE Average | 12% | 15% | 10% | 4% |
| ROCE Average | 17% | 21% | 15% | 8% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 689 | 953 | 968 | 855 | 816 | 767 | 841 | 842 | 964 | 2218 | 2483 |
| Minority's Interest | 36 | 79 | 79 | 64 | 73 | 79 | 0 | 0 | 0 | 0 | 1 |
| Borrowings | 43 | 164 | 160 | 187 | 576 | 552 | 537 | 496 | 50 | 37 | 25 |
| Other Non-Current Liabilities | 6 | 221 | 102 | 175 | 85 | 316 | 364 | 247 | 380 | 519 | 549 |
| Total Current Liabilities | 284 | 1261 | 1387 | 1625 | 1298 | 726 | 904 | 1277 | 917 | 820 | 1188 |
| Total Liabilities | 1058 | 2678 | 2695 | 2906 | 2848 | 2440 | 2646 | 2862 | 2311 | 3595 | 4246 |
| Fixed Assets | 416 | 977 | 925 | 949 | 927 | 863 | 863 | 958 | 724 | 740 | 984 |
| Other Non-Current Assets | 96 | 85 | 158 | 248 | 240 | 332 | 378 | 392 | 418 | 778 | 993 |
| Total Current Assets | 546 | 1616 | 1612 | 1708 | 1681 | 1245 | 1405 | 1512 | 1169 | 2077 | 2270 |
| Total Assets | 1058 | 2678 | 2695 | 2906 | 2848 | 2440 | 2646 | 2862 | 2311 | 3595 | 4246 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 36 | 45 | 56 | 34 | 58 | 99 | 29 | 80 | 9 | 55 | 329 |
| Cash Flow from Operating Activities | 102 | -154 | -177 | -121 | -124 | 154 | 68 | 55 | 41 | 86 | -97 |
| Cash Flow from Investing Activities | -31 | -54 | 68 | -26 | -48 | -10 | -72 | -69 | -61 | -537 | -579 |
| Cash Flow from Financing Activities | -69 | 216 | 111 | 191 | 214 | -227 | 43 | -53 | 67 | 724 | 372 |
| Net Cash Inflow / Outflow | 2 | 7 | 3 | 44 | 41 | -83 | 39 | -68 | 46 | 273 | -304 |
| Closing Cash & Cash Equivalent | 45 | 56 | 34 | 58 | 99 | 29 | 80 | 9 | 55 | 329 | 25 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | -0.33 | -1.43 | 2.33 | -12.43 | -2.47 | -2.96 | -1.26 | -0.03 | 10.89 | 21.25 | 20.53 |
| CEPS(Rs) | 1.58 | 2.29 | 6.84 | -8.35 | 6.57 | 7.53 | 0.93 | 8.04 | 13.14 | 23.43 | 22.62 |
| DPS(Rs) | 0.8 | 0.8 | 0.8 | 0.3 | 0.3 | 0 | 0 | 0 | 0.5 | 0.8 | 1 |
| Book NAV/Share(Rs) | 57.84 | 82.51 | 83.73 | 73.76 | 70.33 | 66.1 | 70.27 | 70.43 | 80.58 | 164.75 | 184.39 |
| Core EBITDA Margin(%) | 3.18 | 2.93 | 3.39 | -8.76 | 4.51 | 5.7 | 4.06 | 10.68 | 9.47 | 11.64 | 11.18 |
| EBIT Margin(%) | 1.81 | 0.46 | 4.66 | -9.68 | 5.39 | 7.12 | 4.97 | 11.19 | 9.74 | 11.99 | 11.76 |
| Pre Tax Margin(%) | -0.45 | -1.31 | 2.86 | -13.15 | 1.21 | 2.12 | -0.37 | 7.29 | 6.84 | 10.08 | 9.87 |
| PAT Margin (%) | -1.26 | -2 | 1.58 | -11.58 | 3.33 | 3.28 | -1.24 | 5.3 | 4.84 | 7.49 | 7.11 |
| Cash Profit Margin (%) | 2.03 | 2.71 | 4.54 | -7.58 | 4.87 | 4.93 | 0.73 | 6.55 | 5.65 | 8.19 | 7.88 |
| ROA(%) | -0.92 | -1.05 | 1.02 | -5.26 | 1.81 | 2.19 | -0.74 | 2.83 | 5.21 | 9.77 | 7.02 |
| ROE(%) | -1.66 | -2.55 | 2.86 | -16.19 | 6.24 | 7.35 | -2.34 | 9.26 | 14.91 | 18.13 | 11.7 |
| ROCE(%) | 1.96 | 0.47 | 6.42 | -8.74 | 5.27 | 7.84 | 4.75 | 9.69 | 18.58 | 26.42 | 17.18 |
| Receivable days | 58.86 | 64.17 | 48.68 | 73.23 | 72.59 | 61.62 | 98.36 | 99.46 | 33.6 | 38.44 | 56.78 |
| Inventory Days | 124.5 | 176.1 | 131.54 | 140.5 | 112.69 | 92.74 | 91.39 | 110.56 | 63.37 | 46.66 | 49.41 |
| Payable days | 68.05 | 155.66 | 133.84 | 173.62 | 164.1 | 140.47 | 137.62 | 145.77 | 64.67 | 39.24 | 34.55 |
| PER(x) | 0 | 0 | 49.91 | 0 | 0 | 0 | 0 | 0 | 24.08 | 43.2 | 38.8 |
| Price/Book(x) | 1.99 | 1.15 | 1.39 | 1.49 | 1 | 0.38 | 0.63 | 1.44 | 3.25 | 5.57 | 4.32 |
| Dividend Yield(%) | 0.69 | 0.84 | 0.69 | 0.27 | 0.43 | 0 | 0 | 0 | 0.19 | 0.09 | 0.13 |
| EV/Net Sales(x) | 1.49 | 1.17 | 0.97 | 1.44 | 1.02 | 0.54 | 0.82 | 1.38 | 1.18 | 3.07 | 2.79 |
| EV/Core EBITDA(x) | 16.76 | 15.78 | 12.17 | -27.22 | 13.67 | 6.21 | 11.88 | 11.12 | 10.73 | 24.04 | 21.21 |
| Net Sales Growth(%) | 21.95 | 26.02 | 78.66 | -25.99 | 22.95 | 13.28 | -13.91 | -3.49 | 89.41 | 38.63 | 0.38 |
| EBIT Growth(%) | 101.8 | -68.23 | 1707.39 | -251.88 | 168.32 | 49.48 | 138.35 | 117.21 | 64.89 | 70.59 | -1.55 |
| PAT Growth(%) | 6.39 | -98.69 | 240.51 | -635.62 | 135.27 | 11.62 | 47.87 | 514.11 | 73.06 | 114.23 | -4.64 |
| EPS Growth(%) | 62.99 | -332.86 | 263.38 | -633.45 | 80.15 | -19.78 | 57.53 | 97.81 | 0 | 95.15 | -3.41 |
| Debt/Equity(x) | 0.22 | 0.24 | 0.38 | 0.73 | 1.1 | 0.96 | 1.01 | 1.02 | 0.26 | 0.03 | 0.21 |
| Current Ratio(x) | 1.92 | 1.28 | 1.16 | 1.05 | 1.29 | 1.71 | 1.55 | 1.18 | 1.27 | 2.53 | 1.91 |
| Quick Ratio(x) | 1.13 | 0.71 | 0.78 | 0.78 | 0.89 | 1.2 | 1.13 | 0.79 | 0.77 | 1.89 | 1.47 |
| Interest Cover(x) | 0.8 | 0.26 | 2.59 | -2.79 | 1.29 | 1.42 | 0.93 | 2.87 | 3.35 | 6.29 | 6.22 |
| Total Debt/Mcap(x) | 0.11 | 0.21 | 0.28 | 0.49 | 1.11 | 2.53 | 1.59 | 0.71 | 0.08 | 0.01 | 0.05 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 44.97 | 42.46 | 42.46 | 40.46 | 40.46 | 40.46 | 40.46 | 40.46 | 40.46 | 40.46 |
| FII | 16.84 | 20.04 | 17.27 | 19.56 | 16.33 | 13.67 | 11.63 | 9.49 | 9.56 | 10.66 |
| DII | 10.47 | 12.28 | 13.73 | 14.13 | 13.95 | 15.01 | 13.42 | 11.69 | 12.78 | 12.6 |
| Public | 27.72 | 25.21 | 26.54 | 25.84 | 29.26 | 30.87 | 34.5 | 38.36 | 37.19 | 36.28 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 5.72 | 5.72 | 5.72 | 5.45 | 5.45 | 5.45 | 5.45 | 5.45 | 5.45 | 5.45 |
| FII | 2.14 | 2.7 | 2.33 | 2.63 | 2.2 | 1.84 | 1.57 | 1.28 | 1.29 | 1.44 |
| DII | 1.33 | 1.65 | 1.85 | 1.9 | 1.88 | 2.02 | 1.81 | 1.57 | 1.72 | 1.7 |
| Public | 3.53 | 3.4 | 3.57 | 3.48 | 3.94 | 4.16 | 4.65 | 5.17 | 5.01 | 4.89 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12.72 | 13.47 | 13.47 | 13.47 | 13.47 | 13.47 | 13.47 | 13.47 | 13.47 | 13.47 |
* The pros and cons are machine generated.
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