	C 2012 Mar 31	2013 Mar 31	C 2014 Mar 31	2015 Mar 31	R 2016 Mar 31	2017 Mar 31	2018 Mar 31	R 2019 Mar 31	2020 Mar 31	2021 Mar 31	R 2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M IR	12M AR	12M AR	12M IR	12M AR	12M AR	12M AR	12M PRESS
Total Revenue	780	734	624	761	959	1,714	1,268	1,559	1,766	1,521	1,468	2,780	3,853	3,868	3,186
Cost of Operating Revenue	598	568	446	559	668	1,241	902	960	1,374	1,122	1,171	2,354	3,225	3,208	2,372
Gross Profit	182	166	178	203	291	473	366	599	392	398	296	425	628	660	814
Gross Margin	23.3	22.6	28.5	26.6	30.4	27.6	28.9	38.4	22.2	26.2	20.2	15.3	16.3	17.1	25.5
Total Operating Expenses	733	735	637	740	972	1,657	1,394	1,500	1,673	1,468	1,318	2,539	3,428	3,463	2,889
Operating Profit	47	-2	-13	21	-13	57	-125	59	94	53	150	241	425	405	297
Operating Margin	6.0	-0.2	-2.1	2.7	-1.3	3.3	-9.9	3.8	5.3	3.5	10.2	8.7	11.0	10.5	9.3
Financing Income/(Expense) - Net	-3	-9	2	-14	6	-16	-60	-65	-84	-79	-55	-73	-54	-19	-71
Profit before Taxes	124	36	-7	-4	-13	50	-167	19	37	-6	107	190	389	382	193
Income Taxes	40	14	4	6	7	22	-20	-33	-21	13	29	55	100	107	71
Profit after Tax	83	24	-9	-3	-16	27	-144	-29	-34	-15	0	130	286	276	123
PAT Margin	10.7	3.2	-1.4	-0.4	-1.7	1.6	-11.3	-1.8	-1.9	-1.0	-	4.7	7.4	7.1	3.9
EPS - Basic - ex Extraordinary Items	8.84	2.35	-0.18	-0.07	-1.48	2.33	-12.44	3.98	5.03	-1.28	7.12	11.63	22.64	20.53	9.03
EPS - Diluted - ex Extraordinary Items	8.70	2.35	-0.18	-0.07	-1.48	2.32	-12.44	3.98	5.03	-1.28	7.12	11.63	22.64	20.50	9.02
EBIT	47	-2	-13	21	-13	57	-125	59	94	53	150	241	425	405	297
EBITDA	59	15	7	46	34	108	-75	96	123	83	183	263	452	434	348
EBITDA Margin	7.6	2.0	1.1	6.1	3.5	6.3	-5.9	6.1	7.0	5.4	12.5	9.5	11.7	11.2	10.9

Balance Sheet

Abridged

Understanding Balance Sheet

Titagarh Rail Systems Ltd. balance sheet covering assets, liabilities, equity and borrowings across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	C 2012 Mar 31	C 2013 Mar 31	R 2014 Mar 31	R 2015 Mar 31	R 2016 Mar 31	2017 Mar 31	2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Source:	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	PRESS
Total Current Assets	735	713	681	541	1,616	1,612	1,585	1,585	1,245	1,405	1,502	1,342	1,987	2,179	2,184
Long-Term Investments	1	1	1	20	23	90	93	95	80	81	73	94	90	135	83
Property Plant & Equipment - Net	240	266	288	690	955	897	938	918	825	851	954	734	846	954	1,261
Total Non-Current Assets	314	373	401	777	1,062	1,089	1,135	1,131	1,027	1,069	1,177	906	1,230	1,583	1,855
Total Assets	1,049	1,086	1,082	1,318	2,678	2,702	2,720	2,716	2,272	2,474	2,679	2,248	3,216	3,762	4,039
Total Current Liabilities	303	339	365	283	1,261	1,387	1,502	1,202	725	904	1,267	1,090	730	1,098	1,205
Long Term Debt	46	36	23	42	164	160	187	576	553	539	552	149	131	114	260
Total Non-Current Liabilities	53	45	33	119	385	269	300	626	701	729	570	194	268	181	378
Total Liabilities	356	384	398	402	1,647	1,656	1,801	1,827	1,426	1,633	1,837	1,285	998	1,278	1,582
Total Shareholders' Equity	664	676	663	841	953	968	855	816	767	841	842	964	2,218	2,483	2,456
Minority Interest	29	25	21	74	79	79	64	73	79	-	0	-	-	1	1
Total Equity	693	702	684	915	1,032	1,046	918	889	845	841	842	964	2,218	2,484	2,457
Total Liabilities & Equity	1,049	1,086	1,082	1,318	2,678	2,702	2,720	2,716	2,272	2,474	2,679	2,248	3,216	3,762	4,039

Cash Flow

Abridged

Understanding Cash Flow Statement

Titagarh Rail Systems Ltd. cash flow statement covering operating, investing and financing activities across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	R 2012 Mar 31	2013 Mar 31	2014 Mar 31	2015 Mar 31	R 2016 Mar 31	2017 Mar 31	2018 Mar 31	2019 Mar 31	2020 Mar 31	C 2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M PRESS
Operating CF bef Changes in Working Cap	97	23	7	10	28	77	-112	-5	-33	41	136	192	347	325	306
Working Capital - Increase/(Decrease)	20	-67	64	87	-168	-285	-45	-163	12	-35	-140	-153	-289	-459	2
Net CF from Operating Activities	117	-44	71	97	-140	-208	-157	-167	-21	7	-4	39	58	-134	308
Capital Expenditures - Net	27	39	47	41	22	22	28	63	25	59	96	37	164	230	368
Net CF from Investing Activities	-93	28	-45	-41	-80	58	-32	-69	-14	-75	-74	-67	-553	-608	-186
Dividends Paid - Cash - Total	17	19	9	9	22	-	11	4	4	0	0	0	6	11	13
Stock - Issuance/(Retirement) - Net	36	-	-	-	150	0	0	0	0	0	1	-	975	-	50
Debt - LT & ST - Issuance/(Retirement) - Total	12	-18	0	-45	96	154	252	279	-142	106	9	102	-197	450	-22
Net Cash Flow from Financing Activities	31	-36	-10	-54	227	153	233	277	-142	107	10	118	771	439	14
Free Cash Flow to Equity	102	-101	24	11	-66	-76	67	48	-187	54	-91	104	-303	85	-82
Free Operating CF net dividend	71	-102	14	46	-184	-230	-205	-235	-61	-53	-106	2	-112	-381	-74
Free Operating CF	88	-83	24	56	-162	-230	-194	-231	-56	-53	-106	2	-106	-370	-61

Business Segment Analysis

FY End:

Mar 25

Titagarh Rail Systems Ltd. business segment breakdown covering revenue, operating income and assets across key divisions for the selected financial year.

Revenue / Sales

Freight rolling stock (93.3%)₹ 3,610.27 CrPassegner rolling stock (6.7%)₹ 257.48 Cr

Assets

Freight rolling stock (46.1%)₹ 1,734.35 CrElimination/Unallocated (29.8%)₹ 1,120.37 CrPassegner rolling stock (24.1%)₹ 907.57 Cr

Regional Segment Analysis

FY End:

Mar 25

Titagarh Rail Systems Ltd. geographic revenue split showing domestic and international market performance across revenue and income for the selected financial year.

Revenue / Sales

India (99.8%)₹ 3,859.99 CrRest of the World (0.2%)₹ 7.76 Cr

Historical Segment Analysis

Track how Titagarh Rail Systems Ltd. segment contributions have evolved over multiple financial years to see which divisions are growing, shrinking or gaining strategic importance.

Capex

Sales

Assets

Operating Income

Business

Regional

Business

	2010 Mar 31	2011 Mar 31	2012 Mar 31	2013 Mar 31	2014 Mar 31	2015 Mar 31

HEMM	1	1	9	-	-	-
Others	10	37	3	5	6	5
Steel Foundry	5	1	3	-	-	-
Wagons & Coaches	6	7	15	24	56	20

Frequently Asked Questions

What is the revenue of Titagarh Rail Systems Ltd.?

The latest trailing twelve month revenue of Titagarh Rail Systems Ltd. is ₹ 3,185.82 Cr, reflecting a 1-year growth of -17.63% and a 3-year CAGR of 4.65%. Annual and quarterly revenue trends are available in the Income Statement section.

What is the net profit of Titagarh Rail Systems Ltd.?

The latest trailing twelve month net profit (PAT) of Titagarh Rail Systems Ltd. is ₹ 122.98 Cr, with a 3-year earnings CAGR of -8.15%. Detailed profit history across annual and quarterly periods is in the Income Statement section.

What is the EBITDA of Titagarh Rail Systems Ltd.?

The trailing twelve month EBITDA of Titagarh Rail Systems Ltd. is approximately ₹ 296.93 Cr (based on an operating margin of 9.32%). EBITDA reflects core operating profitability before interest, taxes, depreciation and amortisation.

What is the EPS of Titagarh Rail Systems Ltd.?

The trailing twelve month Earnings Per Share (EPS) of Titagarh Rail Systems Ltd. is 9.02. EPS trends across annual and quarterly periods are visible in the Income Statement section.

What is the debt level of Titagarh Rail Systems Ltd.?

The debt-to-equity ratio of Titagarh Rail Systems Ltd. stands at 0.25. The interest coverage ratio is 4.20x, reflecting the company's ability to service debt from operating earnings. The full breakdown of total borrowings is in the Balance Sheet section.

What is the book value per share of Titagarh Rail Systems Ltd.?

The estimated book value per share of Titagarh Rail Systems Ltd. is 182.35 (derived from a P/B ratio of 4.72 and market price of ₹ 859.85), reflecting the net asset value attributable to each share. See the Balance Sheet section for a full breakdown.

What is the cash flow from operations of Titagarh Rail Systems Ltd.?

The trailing twelve month operating cash flow of Titagarh Rail Systems Ltd. is ₹ 307.83 Cr. Annual and quarterly cash flow data is available in the Cash Flow section of the Statements tab.

Does Titagarh Rail Systems Ltd. report consolidated or standalone financials?

Titagarh Rail Systems Ltd. reports consolidated financials. You can toggle between consolidated and standalone views using the switch at the top of each statement section.