Titagarh Rail Systems Limited (TITAGARH) Fair Value & Analysis
Industrials · IN · Market cap ₹118B
Fair value as of: Aug 13, 2026
From 16 valuation models · updated 4 days ago
Share price −4.5% over the past month.
Below-average quality, and screening another 80% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (₹217.57). The favourable scenario is already priced in.
- Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range ₹45.89 – ₹1,854 · fair‑value band ₹130.23 – ₹217.57 · the ₹820.95 price screens above the ₹167.36 fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
Titagarh Rail Systems Limited (TITAGARH) currently trades at ₹820.95, while our model-based Fair Value estimate is ₹167.36, implying the stock looks roughly 79.6% overvalued today. The Quality Score stands at 37/100 (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 Aug 13, 2026
Our scenario range runs from ₹130.23 (bear case) to ₹217.57 (bull case); at ₹820.95, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 15% below its 52-week high and 44% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -47% fair-value upside, at -80%, TITAGARH screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 16 models by family
Widest divergence: Multiples (₹191.77) versus Dividend Discount (₹16.08). Highest evidence: Residual Income (76).
Notify me when TITAGARH reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 41 · Market factors (momentum, volatility) 52
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Titagarh Rail Systems Limited engages in the manufacture and sale of freight and passenger rail systems in India and internationally.
Full company description
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 upgrade, exteriors and interiors face-lift, and power upgrading services. Further, it engages in the shipbuilding business comprising coastal research vessels, naval vessels, passenger ships, tugs, and inland water transport vessels. Additionally, the company manufactures modular panel bridges, bailey bridges, unibridges, and matière X bridges; and defense products, such as shelters, specialized wagons, EMI/EMS containers, CBRNe equipment, mine ploughs, pressure vessels, and specialized canopies. The company was formerly known as Titagarh Wagons Limited and changed its name to Titagarh Rail Systems Limited in May 2023. Titagarh Rail Systems Limited was incorporated in 1997 and is based in Kolkata, India.
Company description, as reported by the company or data provider.
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.
TITAGARH screens 80% overvalued. Compare with Union Pacific Corporation →
Peer Group
Railroads · 114 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Railroads median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Railroads stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Union Pacific Corporation UNP | $293.73 | $141.29 | -52% |
| CSX Corporation CSX | $50.08 | $12.62 | -75% |
| Canadian Pacific Kansas City Limited CP | $92.69 | $34.23 | -63% |
| Canadian National Railway Company CNR | C$176.01 | C$92.68 | -47% |
| Norfolk Southern Corporation NSC | $335.41 | $114.55 | -66% |
| Westinghouse Air Brake Technologies Corporation WAB | $295.54 | $144.80 | -51% |
| Beijing-Shanghai High-Speed Railway Co 601816 | ¥5.04 | ¥5.65 | +12% |
| MTR Corporation 0066 | HK$32.30 | HK$17.85 | -45% |
| CRRC Corporation 601766 | ¥5.98 | ¥9.53 | +59% |
| Daqin Railway Co 601006 | ¥4.72 | ¥6.22 | +32% |
Compare Titagarh Rail Systems Limited with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is Titagarh Rail Systems Limited (TITAGARH) overvalued or undervalued?
What is the fair value of TITAGARH?
What is the quality score of TITAGARH?
What is the revenue of Titagarh Rail Systems Limited (TITAGARH)?
What is the net profit margin of TITAGARH?
Does Titagarh Rail Systems Limited pay a dividend?
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.
Track Titagarh Rail Systems Limited and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.