Rs 26,000 crore order book: Railway engineering company receives order of Rs 91.12 crore from Banaras Locomotive Works
DSIJ Intelligence-1 / 25 Aug 2025/ Categories: Multibaggers, Trending
The stock gave multibagger returns of 460 per cent in just 3 years and a whopping 1,600 per cent returns in 5 years.
Titagarh Rail Systems Limited (TRSL) has been awarded a significant domestic order from Banaras Locomotive Works. The contract, valued at Rs 91.12 crore (including GST), is for the complete shell assembly for WAG-9HC locomotives. The order is a testament to TRSL's role in the railway sector and is scheduled to be completed by August 31, 2026.
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Earlier, the company received a Letter of Intent (LOI) from Garden Reach Shipbuilders & Engineers Ltd to construct two research vessels for the Geological Survey of India. The order, valued at Rs 467.25 crore (including GST), is for ships that will be used for offshore geological mapping, mineral exploration, and ocean environment monitoring. The vessels will be built under the classification of the Indian Register of Shipping and the project is scheduled for completion within 28 months from the date of the LOI. This is a domestic subcontracting agreement.
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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 and entered the shipping construction industry. 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 11,000 crore.
According to the Quarterly Results, the net sales decreased by 25 per cent to Rs 679 crore and net profit decreased by 54 per cent to Rs 31 crore in Q1FY26 compared to Q1FY25. In FY25, the company reported net sales of Rs 3,867.75 crore and net profit of Rs 276.39 crore.
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The order book stands at Rs 26,000 crore as of June 30, 2025, excluding GST and including its share in Joint venture. The stock gave multibagger returns of 460 per cent in just 3 years and a whopping 1,600 per cent returns in 5 years.
Disclaimer: This article is for informational purposes only and is not intended as investment advice.