Titagarh Rail Systems Ltd

Titagarh Rail Systems Ltd

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OVERVIEW
FINANCIALS
NEWS

About

Titagarh Rail Systems specialises in providing transportation and mobility solutions in India and Italy. It was established in 1987 as a rolling stock foundry and built its first railway freight wagon in 1997. Through manufacturing facilities situated in both India and Italy, the company manufactures semi-high-speed trains, passenger coaches, urban metros, propulsion equipment, and a variety of wagons. Titagarh’s portfolio, thus, includes traction motors, vehicle control systems, grain hoppers, container flats, and clinker, cement, and tank wagons. The company has entered a consortium with Bharat Heavy Electricals Limited (BHEL) to manufacture and maintain 80 Vande Bharat train sets, while its consortium with Ramkrishna Forgings Limited (RKFL) is concerned with the supply of 1,540,000 wheels over 20 years under the Atma-Nirbhar Bharat scheme.

Incorporation Year: 1997
Headquarters: Kolkata
Top Management: Jagdish Prasad Chowdhary
Industry: Infrastructure

Featured In Fortune India Ranking

Next 500 India
#84(2024)#124(2023)#74(2022)#11(2021)#74(2020)#175(2019)#65(2018)#282(2017)#406(2016)
#84(2024)#124(2023)#74(2022)#11(2021)#74(2020)#175(2019)#65(2018)#282(2017)#406(2016)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
3,857
(INR Cr)
Net Operating Income
3,853
(INR Cr)
Assets
2,510
(INR Cr)
Profit
286
(INR Cr)
Net Worth
2,218
(INR Cr)

Fortune India Coverage

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
3857
35.9%
2838
92.4%
1475
-7.7%
1598
-13.2%
1841
11.2%
1656
34.3%
1233
-21.9%
1578
57.2%
1004
41.5%
709
4.3%
680
-21.2%
862
-5.5%
912
16.6%
783
38.5%
565
-20.1%
707
-
Net Operating Income
(INR Cr)
3853
38.63%
2780
89.41%
1468
-3.49%
1521
-13.91%
1766
13.28%
1559
22.95%
1268
-25.99%
1714
78.65%
959
26.02%
761
21.95%
624
-20.22%
782
-12.19%
891
22.99%
724
30.71%
554
-19.20%
686
23.62%
Profit
(INR Cr)
286
119.8%
130
-
0
-
-15
-
-34
-
-29
-
-144
-
27
-
-20
-
-3
-
-9
-
24
-71.7%
83
16.7%
71
18.5%
60
-6.1%
64
-
Assets
(INR Cr)
2510
86.1%
1349
-23.6%
1765
-5.4%
1866
8.3%
1723
-4.6%
1806
13.6%
1591
9.1%
1458
3.0%
1415
64.9%
858
4.9%
817
-2.0%
834
-1.4%
846
15.1%
735
20.0%
612
52.0%
403
-
Net Worth
(INR Cr)
2218
130.2%
964
14.4%
842
0.2%
841
9.7%
767
-6.1%
816
-4.5%
855
-11.7%
968
1.6%
953
64.2%
580
-4.0%
605
-2.0%
617
2.3%
603
18.9%
507
14.8%
442
13.0%
391
19.8%
Employee Cost
(INR Cr)
66
17.3%
57
24.5%
45
-78.4%
211
38.7%
152
-13.8%
176
-26.4%
239
12.8%
212
26.2%
168
128.8%
74
-16.0%
88
19.8%
73
51.0%
48
28.5%
38
133.8%
16
47.9%
11
-
Interest Cost
(INR Cr)
738157818865443117181422169119
Cash & Bank Balance
(INR Cr)
609100421245611974462041471391022239811598
Total Debt
(INR Cr)
16635392084773089662437223312512812814813415812

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 7.4%4.6%-----1.7%---2.7%9.1%9.1%10.7%9.1%
Profit As % Of Assets 11.4%9.7%-----1.8%---2.8%9.8%9.7%9.8%15.9%
Profit As % Of Networth 12.9%13.5%-----2.8%---3.8%13.8%14.1%13.6%16.4%
Interest Cost to EBITDA % 16.4%33.4%66.3%100.7%330.2%--30.3%181.2%145.8%-48.4%12.7%8.3%12.2%10.3%
Debt to Equity Ratio 0.070.371.091.010.951.100.730.380.240.220.210.210.250.260.360.03
RONW 18.0%13.9%-----2.9%---3.5%14.5%15.0%14.4%17.9%
ROCE 23.8%16.8%8.9%4.3%1.9%1.1%-8.5%6.0%2.5%5.8%2.4%7.5%19.4%19.1%20.8%27.2%