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Titagarh Rail Systems Limited (TITAGARH) Fair Value & Analysis

Industrials · IN · Market cap ₹118B

TR Titagarh Rail Systems Limited TITAGARH · NSE
Price₹877.25
Fair Value₹191.77
Upside-78.1%
Quality46/100
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Evidence: High Range ₹141.81 – ₹236.58

Fair value as of: Jul 3, 2026

From 16 valuation models · updated today

Share price +2.9% over the past month.

Price vs Fair Value (12 months)

₹963.35 ₹571.90 Fair Value ₹191.77 Jun 2025 Jul 2026

12‑month range ₹571.90 – ₹963.35 · fair‑value band ₹141.81 – ₹236.58 · the ₹877.25 price screens above the ₹191.77 fair value. As of Jul 3, 2026.

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Analysis

Titagarh Rail Systems Limited (TITAGARH) currently trades at ₹877.25, while our model-based Fair Value estimate is ₹191.77 — implying the stock looks roughly 78.1% overvalued today. We read business quality at 46/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Titagarh Rail Systems Limited generated revenue of ₹31.9B at a net margin of 3.9%. Revenue declined 12.9% year over year. It earns a return on equity of 4.9%. Net debt stands at ₹3.1B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹31.9B
Revenue growth (YoY) -12.9%
Net margin 3.9%
Return on equity 4.9%
Free cash flow −₹546M FY2026
P/E ratio 97.4
More key figures
Operating margin 9.5%
EPS (TTM) ₹9.01
Dividend yield 0.1%
EPS growth (YoY) -18.8%
Net debt ₹3.1B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Titagarh Rail Systems Limited engages in the manufacture and sale of freight and passenger rail systems in India and internationally. The company offers forged wheel set, loco shells, couplers, draft gears, cast bogies, and cast manganese steel crossing products; automobile-carrying, flat, hopper, tank, box, covered, and special purpose wagons; and brake vans. It also provides passenger rolling stock products, including high speed electric loco, electric multiple unit train sets, metros, semi high-speed trains, light rail transport, diesel electric multiple units, body shells, and bogies; and propulsion and electrical equipment, such as traction converters and power electronics, propulsion systems, auxiliary power supply products, electronic equipment, traction motors, train control and monitoring systems, and hardware and software products. In addition, the company offers maintenance, assistance and global, repair, inspection and refurbishing, systems and electrical equipment …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Titagarh Rail Systems Limited reported revenue of ₹31.9B in FY2026 versus ₹14.7B in FY2022, a compound +21.4%/yr. Reported net income was ₹1.2B in FY2026.

Revenue +21.4%/yr
FY22 ₹14.7B
FY23 ₹27.8B
FY24 ₹38.5B
FY25 ₹38.7B
FY26 ₹31.9B
Net income
FY22 −₹3.3M
FY23 ₹1.3B
FY24 ₹2.9B
FY25 ₹2.8B
FY26 ₹1.2B

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Similar stocks

6 more Railroads stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Union Pacific Corporation UNP 4,617 MXN 133.28 MXN -97%
CSX Corporation CSX $46.20 $11.13 -76%
Canadian Pacific Kansas City Limited CP $89.60 $29.46 -67%
Canadian National Railway Company CNI $121.23 $57.36 -53%
Norfolk Southern Corporation NSC $308.93 $102.07 -67%
Westinghouse Air Brake Technologies Corporation WAB $256.52 $132.12 -48%

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Frequently asked questions

Is Titagarh Rail Systems Limited (TITAGARH) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹191.77 versus a price of ₹877.25 — about −78% (overvalued). Model-based estimate, not financial advice.
What is the fair value of TITAGARH?
Our model-based fair value for Titagarh Rail Systems Limited is ₹191.77 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹877.25.
What is the quality score of TITAGARH?
Titagarh Rail Systems Limited has a Quality Score of 46/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Titagarh Rail Systems Limited (TITAGARH)?
Titagarh Rail Systems Limited reported trailing-twelve-month revenue of about ₹31.9B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of TITAGARH?
The net profit margin of Titagarh Rail Systems Limited is about 3.9%, meaning it keeps roughly 3.9% of revenue as net income. Based on the latest reported figures.
Does Titagarh Rail Systems Limited pay a dividend?
Titagarh Rail Systems Limited currently shows a dividend yield of about 0.11% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.