Titagarh Rail Systems Ltd Share Price – NSE /  BSE

Capital Goods-Non Electrical Equipment, Small Cap

The order involves producing wagons as per mutually agreed technical specifications. According to the LOI, the contract is expected to be executed within six months from the commencement of work, subject to the final purchase order and agreement.

The company clarified that neither its promoters nor group entities have any interest in the awarding authority, confirming that the deal does not fall under related-party transactions.

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.

The scrip declined 1.24% to Rs 588.70 on the BSE.

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The scope of work includes supplying two rakes comprising 43 wagons each, along with 4% spare wagons, with each wagon having a carrying capacity of 64.89 MT. These rakes will be deployed for transportation of HR coils, sheets, and plates over the Indian Railways network, as per the latest approved designs of Research Designs and Standards Organisation.

The contract, awarded by a domestic entity, is valued at Rs 44.41 crore and is to be executed over a period of 10 years.

The effective date of the contract is April 7, 2026, and it will come into force 15 days from the issuance of the Letter of Award or signing of the agreement, whichever is earlier.

The company stated that the promoter and promoter group have no interest in the awarding entity, and the transaction does not qualify as a related party deal.

Titagarh Rail Systems is mainly engaged in the manufacturing and selling of Freight Wagons, Passenger Coaches, Metro Trains, Train Electricals, Steel Castings, Specialised Equipments & Bridges, Ships, etc. The Company caters to both domestic and export market.

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.

The scrip added 2.09% to end at Rs 628.60 on the BSE.

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Net profit of Titagarh Rail Systems declined 23.48% to Rs 48.03 crore in the quarter ended December 2025 as against Rs 62.77 crore during the previous quarter ended December 2024. Sales declined 7.77% to Rs 832.06 crore in the quarter ended December 2025 as against Rs 902.18 crore during the previous quarter ended December 2024.

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Revenue from operations decreased 7.8% year-on-year (YoY) to Rs 832.06 crore in the quarter ended 31 December 2025.

Profit before tax from continuing operations stood at Rs 65.15 crore in Q3 FY26, down 26.40% year on year.

Total expenses fell 7.13% to Rs 770.34 crore in Q3 FY26 over Q3 FY25. During the quarter, cost of raw materials & components consumed stood at Rs 643.33 crore, down 7.83% YoY, while employee benefits expense was at Rs 30.61 crore, up 40.41% YoY.

On segmental front, revenue from freight rail systems stood at Rs 665.70 crore (down 21.93% YoY) and revenue from passenger rail systems stood at Rs 166.36 crore (up 236.82% YoY), during the quarter.

Titagarh Rail Systems is mainly engaged in the manufacturing and selling of Freight Wagons, Passenger Coaches, Metro Trains, Train Electricals, Steel Castings, Specialised Equipments & Bridges, Ships, etc. The Company caters to both domestic and export market.

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