Announcement Summary
- Company: Titagarh Rail Systems Limited
- Sector: Railway
- Order Value: Rs. 91.12 crores (Incl. GST)
- Client: Banaras Locomotive Works
- Location: Domestic (India)
- Date: 23rd August 2025
Here’s some fresh news from the railway sector. Banaras Locomotive Works has awarded a Letter of Acceptance to Titagarh Rail Systems Limited.
The order is for manufacturing complete shell assemblies for WAG-9HC locomotives. Pretty impressive, isn’t it? The total order value comes to Rs. 91.12 crores including GST.
Completion of the project is targeted for 31st August 2026. Just to add. Titagarh Rail Systems has steadily built its reputation within railway manufacturing, so this order is a good addition to their portfolio.
Looks like the company continues to strengthen its position in the railway manufacturing space with sizeable contracts like this.
Current Performance Of Titagarh Rail Systems Limited Stock
Yesterday the stock closed at Rs 855.10. It opened a tad higher at Rs 864.00 and saw a rise to Rs 885.50 during the day. However, it closed again around Rs 858.85. Quite a volatile day.
Key Fundamentals Of Titagarh Rail Systems Limited
- Market Cap: Rs 11,566 Cr.
- Current Price: Rs 859
- Stock P/E: 48.0
- Book Value: Rs 184
- ROCE: 16.6%
- ROE: 11.8%
- EPS: Rs 17.8
- Promoter Holding: 40.4%
Past Orders or Related News
- On 21st August 2025, Titagarh Rail Systems secured a Letter of Intent from Garden Reach Shipbuilders & Engineers Ltd. for constructing 2 vessels valued at Rs 467.25 crore including GST.
- These vessels are research ships meant for the Geological Survey of India, used for offshore mapping and mineral exploration among other tasks.
- The contract involves shipbuilding under Indian Register of Shipping norms and has an execution timeline of 28 months.
FAQs
Q1: What recent major order did Titagarh Rail Systems receive?
In August 2025, Titagarh Rail Systems got a Rs 91.12 crore order from Banaras Locomotive Works for complete shell assemblies for WAG-9HC locomotives.
Q2: How does this order impact Titagarh Rail Systems?
This contract further solidifies their role in railway manufacturing by adding a substantial locomotive parts project to their order book.
Q3: Does Titagarh Rail Systems have related party interest in the recent order?
No, there is no promoter or related party interest connected with the client on this order.
Source
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