Results - Announcements
Titagarh Rail Systems Ltd share price inched up 0.47% to Rs 702.7 after the company's net profit jumped 20.20% to Rs 63.2 crore, while revenue from operations slightly gained 3.59% to Rs 792.56 crore in Q2FY27 over Q2FY26.
The market capitalization of Railway Wagons industry group stocks on BSE stood at Rs 26836.65 crore, rising 1.27%. It has improved by 1.95% over last one week and crashed 15.97% in last one month while the market capitalization of Titagarh Rail Systems Ltd has marginally improved by 1.64% and 17.43% in the same period respectively.
Profit before tax (PBT) of Titagarh Rail Systems Ltd stood at Rs 82.01 crore in Q2 FY27, surging by 43.17% year-on-year, and rallying 15.74% quarter-on-quarter. EBITDA came in at Rs 100 crore, expanding by 44.12% YoY and climbing 13.01% sequentially.
Total expenses saw a slight increase of 2.34% to Rs 701.19 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 577.22 crore, posting a minor increase of 0.90% YoY, while employee benefits expense was at Rs 30.22 crore, easing 5.92% YoY.
For FY26, revenue from operations fell 17.63% to Rs 3185.82 crore, while net profit saw a strong growth of 40.12% to Rs 121.55 crore, compared to previous FY. EBITDA surged by 37818% to Rs 299.56 crore, and PBT witnessed a strong rise of 28.76% to Rs 192.67 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 322.43 crore in FY26, as against Rs 97.41 crore in FY25.
Titagarh Rail Systems Ltd nosedived by 17.07% in last one year, underperforming the benchmark BSE Sensex which has softened by 2.91% during the same period.