Titagarh Rail Systems Ltd

Titagarh Rail Systems announced the resignation of Shivendra Singh, designated as Chief Executive Officer (Passenger Rail Systems) of the Company. Powered by Capital Market - Live

Net profit of Titagarh Rail Systems declined 18.37% to Rs 64.45 crore in the quarter ended March 2025 as against Rs 78.95 crore during the previous quarter ended March 2024. Sales declined 4.45% to Rs 1005.57 crore in the quarter ended March 2025 as against Rs 1052.41 crore during the previous quarter ended March 2024. For the full year,net profit declined 3.41% to Rs 276.39 crore in the year ended March 2025 as against Rs 286.14 crore during the previous year ended March 2024. Sales rose 0.38% to Rs 3867.75 crore in the year ended March 2025 as against Rs 3853.30 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1005.571052.41 -4 3867.753853.30 0 OPM %9.2411.20 -10.5811.66 - PBDT100.68116.70 -14 411.32415.67 -1 PBT92.25109.71 -16 381.74388.57 -2 NP64.4578.95 -18 276.39286.14 -3 Powered by Capital Market - Live

Revenue from operations decreased 4.45% year-on-year (YoY) to Rs 1,005.57 crore in the quarter ended 31 March 2025. Profit before tax from continuing operations stood at Rs 92.25 crore in Q4 FY25, down 15.91% YoY. Total expenses shed 2.17% to Rs 934.34 crore in Q4 FY25 over Q4 FY24. During the quarter, cost of raw materials & components consumed stood at Rs 769.58 crore, down 4.59% YoY, while employee benefits expense was at Rs 28.02 crore, up 54% YoY. The company's net profit rose 2.67%, while net sales jumped 11.46% in Q4 FY25 over Q3 FY25. For the full year FY25, revenue from operations rose marginally by 0.37% to Rs 3,867.75 crore, while net profit declined by 3.40% to Rs 276.39 crore. Meanwhile, the company's board has recommended a dividend of Rs 1 per equity share for the financial year 2024'25, subject to approval by the shareholders at the ensuing Annual General Meeting, the date of which will be announced in due course. Titagarh Rail Systems (formerly known as Titagarh Wagons) is the largest private sector manufacturer of wagons and an established player in passenger coaches. The counter fell 2.19% to settle at Rs 891.60 on Friday, 30 May 2025. Powered by Capital Market - Live

Titagarh Rail Systems announced that the Board of Directors of the Company at its meeting held on 30 May 2025, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Titagarh Rail Systems will hold a meeting of the Board of Directors of the Company on 30 May 2025.Powered by Capital Market - Live

Net profit of Titagarh Rail Systems declined 16.11% to Rs 62.77 crore in the quarter ended December 2024 as against Rs 74.82 crore during the previous quarter ended December 2023. Sales declined 5.50% to Rs 902.18 crore in the quarter ended December 2024 as against Rs 954.68 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales902.18954.68 -5 OPM %10.3611.59 - PBDT94.88107.00 -11 PBT88.52100.21 -12 NP62.7774.82 -16 Powered by Capital Market - Live

Profit before tax for the quarter stood at Rs 95.10 crore, down by 5% from Rs 95.10 crore in the same quarter last year. Total expense declined 5% year on year to Rs 95.10 crore during the quarter. The cost of materials consumed was at Rs 697.99 crore (down 5.51% YoY), while employee benefits expenses stood at Rs 21.80 crore (up 44.66% YoY) during the period under review. On the segmental front, revenue from the passenger rail system was at Rs 49.39 crore (down 51.06% YoY), while the freight rail system stood at Rs 852.79 crore (down 0.11% YoY) during the period under review. On a 9-month basis, the company's net profit increased 5.56% to Rs 225.37 crore on 2.19% rises in revenue from operations to Rs 2,862.18 crore in 9M FY24 over 9M FY23. Titagarh Rail Systems (formerly known as Titagarh Wagons) is the largest private sector manufacturer of wagons and an established player in passenger coaches.Powered by Capital Market - Live

Titagarh Rail Systems announced that the Company has received Letter of Acceptance (LOA) from Ambuja Cements and ACC, which are group companies of Adani Cement, for 'Manufacture and Supply of 16 nos. of BCFCM Rakes Wagon with BVCM Wagon'. The order value is about Rs 537.11 crore.Powered by Capital Market - Live

Titagarh Rail Systems will hold a meeting of the Board of Directors of the Company on 13 February 2025.Powered by Capital Market - Live

The Board of Titagarh Rail Systems at its meeting held on 03 February 2025 has approved the addition of following new business verticals namely: a. 'Shipbuilding and Maritime Systems' wherein the Company will undertake marine business including shipbuilding, ship repair and other maritime business activities. b. 'Signalling and Safety Systems' wherein the Company will subject to compliances, if any applicable undertake activities relating to railway signalling and safety including but not limited to train control & condition monitoring, vehicular & train mounted solutions etc. This segment focuses on railway operations, particularly in ensuring safety and efficiency and will involve development and installation of products that enables smooth and secure train operations.Powered by Capital Market - Live