Titagarh Rail Systems Ltd Share Price – NSE  / BSE

Capital Goods-Non Electrical Equipment, Small Cap

Net profit of Titagarh Rail Systems reported to Rs 53.96 crore in the quarter ended March 2026 as against net loss of Rs 122.39 crore during the previous quarter ended March 2025. Sales declined 12.94% to Rs 875.43 crore in the quarter ended March 2026 as against Rs 1005.57 crore during the previous quarter ended March 2025.

For the full year,net profit rose 39.62% to Rs 122.98 crore in the year ended March 2026 as against Rs 88.08 crore during the previous year ended March 2025. Sales declined 17.63% to Rs 3185.82 crore in the year ended March 2026 as against Rs 3867.75 crore during the previous year ended March 2025.

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Titagarh Rail Systems announced that the Board of Directors of the Company at its meeting held on 30 May 2026, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

Titagarh Rail Systems will hold a meeting of the Board of Directors of the Company on 30 May 2026.

The Government of India has been actively promoting the domestic shipbuilding ecosystem through focused initiatives such as the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS). In line with these national initiatives, the proposed expansion at Falta represents a significant step toward strengthening India?s shipbuilding and maritime manufacturing capabilities.

The total project cost for the brownfield expansion at Falta will be approximately Rs 610 crore. Under the Shipbuilding Development Scheme, the Government will extend capital assistance of around Rs 129 crore towards eligible plant and machinery, subject to compliance with the applicable scheme guidelines.

The expansion will substantially enhance Titagarh Naval Systems? infrastructure and technological capabilities, enabling the shipyard to cater to defence, commercial, and export-oriented shipbuilding requirements.

Umesh Chowdhary, vice chairman & managing director, Titagarh Rail Systems, said: ?This in-principle approval under the Shipbuilding Development Scheme is a strong endorsement towards building a self-reliant and globally competitive maritime nation. We sincerely acknowledge the guidance and support of the Ministry of Ports, Shipping and Waterways in enabling this important milestone.

At Titagarh, we remain firmly committed to building a state-of-the-art shipyard in the state of West Bengal that will support the country?s defence indigenisation goals, contribute to national security, and cater to both domestic and global shipbuilding requirements. This is a significant step in our journey to contribute meaningfully to India?s maritime growth story.?

Titagarh Rail Systems is mainly engaged in the manufacturing and selling of freight waggons, passenger coaches, metro trains, train electricals, steel castings, specialised equipment & bridges, ships, etc. The company caters to both domestic and export markets.

The company's consolidated net profit tanked 23.48% to Rs 48.03 crore in Q3 FY26 as against Rs 62.77 crore posted in Q3 FY25. Revenue from operations decreased 7.8% year-on-year (YoY) to Rs 832.06 crore in the quarter ended 31 December 2025.