Rs 24,526 Crore Order Book: Railway wagons manufacturer bags order worth Rs 312.69 crore from Ministry of Railways
DSIJ Intelligence-1 / 21 Jul 2025/ Categories: Multibaggers, Trending
The stock gave multibagger returns of 620 per cent in just 3 years and a whopping 2,130 per cent returns in 5 years.
Titagarh Rail Systems Limited (TRSL) has secured a significant domestic order from the Ministry of Railways for the "Manufacture and Supply of 780 BVCM-C Wagons." This contract is valued at approximately Rs 312.69 crore and is expected to be executed within nine months from the date the contract is formally placed. This win further solidifies TRSL's position as a key supplier in India's railway infrastructure sector.
Additionally, TRSL is set to raise approximately Rs 200 crore through a preferential issue of 21,16,402 convertible warrants to promoter group members, Mrs. Rashmi Chowdhary and Mr. Prithish Chowdhary, at a floor price of Rs 945 per warrant. This move aims to fund planned investments in plant and machinery, bolster working capital for new order acquisition, and support technology and automation for future rail solutions. Concurrently, TRSL has also secured an agreement with the Governor of West Bengal for a 40.009-acre land parcel adjacent to its Uttarpara facility for ₹126.63 crore. This strategic acquisition will enable the establishment of additional production infrastructure, including a test track, crucial for the forming, testing, and commissioning of metro coaches and Vande Bharat trains, as well as specialised rolling stock for Indian defence, thereby supporting the company's expanding passenger rolling stock business.
DSIJ’s 'Tiny Treasure' service recommends researched Small-Cap stocks with Inherent Growth Potential. If this interests you, download the service details here.
About the Company
Titagarh Rail Systems Limited stands as a premier comprehensive mobility solutions provider, boasting advanced manufacturing facilities in India and Italy. Their expertise lies in the design and production of a diverse portfolio of world-class rolling stock, encompassing everything from modern semi-high-speed trains and urban metros to comfortable passenger coaches and specialised freight wagons, alongside crucial propulsion systems. Driven by innovation and a commitment to excellence, Titagarh Rail Systems actively contributes to India's growth as a manufacturing hub and aims to redefine global transportation standards. The company has a market cap of over Rs 12,000 crore.
According to the Quarterly Results, the net sales decreased by 4.5 per cent to Rs 1,005.57 crore and net profit decreased by 18.4 per cent to Rs 64.45 crore in Q4FY25 compared to Q4FY24. In FY25, the company reported net sales of Rs 3,867.75 crore and net profit of Rs 276.39 crore.
The order book stands at Rs 24,526 crore as of March 31, 2025. Where Rs 11,200 crore order book stands for the company and Rs 13,326 crore order book share from the joint venture. The stock gave multibagger returns of 620 per cent in just 3 years and a whopping 2,130 per cent returns in 5 years.
Disclaimer: This article is for informational purposes only and is not intended as investment advice.