702.45
+3.63%
Close of 9 Nov 2026, in INR
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About Titagarh Rail Systems
Its shares trade on NSE under the ticker TITAGARH.NS. It has been listed since 21 April 2008. In the fiscal year to 31 March 2025, it reported revenue of ₹38.68bn and net income of ₹2.76bn. At that date it held total assets of ₹37.62bn and shareholders' equity of ₹24.83bn.
Titagarh Rail Systems Ltd. is a holding company, which engages in the manufacture and sale of freight wagons, passenger coaches, and steel castings. The company is headquartered in Kolkata, West Bengal. The company went IPO on 2008-04-21. The Company’s product range includes electric propulsion equipment such as traction motors and vehicle control systems. The company also designs and manufactures wagons such as container flats, grain hoppers, cement wagons, clinker wagons, and tank wagons. Its business is divided into four divisions: Railway Freight, Railway Transit, Engineering, and Shipbuilding. Its Railway Freight offers rolling stock, and components, such as cast bogies, couplers, draft gear, loco shells, and cast manganese steel crossing. Its Railway Transit offers passenger rolling stock, propulsion and electrical equipment, and services, such as maintenance, assistance and global service repair, inspection and refurbishing. The Company’s subsidiary, Titagarh Firema SpA, is an Italian company engaged in manufacturing passenger rolling stock.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 21 Apr 2008
- Employees
- 642
- Website
- titagarh.in ↗
Leadership
Pay as last reported
- Shri. Jagdish ChowdharyExecutive Chairman of the Board, Managing Director, since 2005₹64.2m
- Shri. Umesh ChowdharyExecutive Vice Chairman of the Board, Chief Executive Officer, Managing Director, since 1997₹44.9m
- Mr. Saurav SinghaniaJoint Chief Financial Officer, Chief Risk Officer
- Mr. Vijay SubramanianChief Executive Officer - Passenger Rail Systems
- Mr. Devendra VyasChief Executive Officer - Freight Rail Systems
- Shri. Aditya PurohitCompany Secretary and Compliance Officer
- Shri. Prithish ChowdharyDeputy Managing Director, Executive Director, since 2021₹400,000
- Shri. Anil AgarwalDeputy Managing Director, since 2006
- Smt. Rashmi ChowdharyNon-Independent Non-Executive Director₹320,000
- Shri. Krishan JalanIndependent Non-Executive Director₹666,667
- Shri. Atul JoshiIndependent Non-Executive Director₹1.3m
- Mr. Debanjan MandalAdditional Non-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Titagarh Rail Systems Ltd. manufactures freight wagons and passenger coaches in Kolkata, India.
- The company's product range includes traction motors and vehicle control systems for electric propulsion.
- Titagarh Firema SpA in Italy produces passenger rolling stock as a key subsidiary.
Weaknesses
- The company employs 642 full-time employees, which may limit scalability in large projects.
- Railway Freight division focuses on cast bogies and couplers, potentially narrowing product diversity.
- Railway Transit division relies on maintenance and repair services, which may not ensure steady revenue.
Opportunities
- Expanding into container flats and grain hoppers for growing freight demand in India.
- Increasing demand for cement wagons and tank wagons in India's infrastructure projects.
- Global service repair and refurbishing services can attract international clients.
Threats
- Competition from other Indian manufacturers in the railway sector.
- Economic downturns affecting infrastructure investment in India.
- Dependence on the Indian railway market for revenue generation.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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