This is a numbers-first look at Titagarh Wagons Limited (TWL), covering income trends, margins, valuation, and shareholding.
Titagarh Wagons Revenue Trend
In FY2025, Titagarh Wagons Limited's revenue held steady at ₹3,868 Cr.
A 17.7% revenue CAGR over 10 years is hard to ignore. Titagarh Wagons Limited's top line moved from ₹761 Cr to ₹3,868 Cr in that period.
With a top line of ₹3,868 Cr, Titagarh Wagons Limited operates at a mid-sized scale within the infrastructure sector.
Revenue has moved in the same direction for 3 years running, suggesting the growth trend has structural legs.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹3,868 Cr | +0.4% |
| FY2024 | ₹3,853 Cr | +38.6% |
| FY2023 | ₹2,780 Cr | +89.4% |
| FY2022 | ₹1,468 Cr | -5.0% |
| FY2021 | ₹1,545 Cr | — |
View Titagarh Wagons Limited's full 10-year revenue trend with CAGR analysis →
Titagarh Wagons Profitability
A 3.4% decline brought Titagarh Wagons Limited's net profit down to ₹276 Cr in FY2025 from ₹286 Cr.
On the margin front, things were flat — net profit margin stayed around 7.1% in FY2025.
FY2025 diluted EPS of ₹20.39 was down from the ₹22.46 reported in FY2024.
Is Titagarh Wagons Undervalued
Under the P/E Ratio approach, Titagarh Wagons Limited's estimated fair value is ₹622 (46.3% upside).
Titagarh Wagons Limited shares are currently trading at ₹425.10.
Craytheon also calculates intrinsic value using the EPS Growth model. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹622 | 46.3% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
See all valuation models for Titagarh Wagons Limited with detailed assumptions →
Titagarh Wagons Balance Sheet
Proportional view as of 16 Jun 2023. Hover blocks for details.
Assets
Liabilities & Equity
FY2025 total assets: ₹37.62B (up 17.0% YoY from ₹32.16B).
Top categories: Receivables (23.3%), Property, Plant & Equipment (23.1%), Other Assets (15.3%).
Of the ₹37.62B in liabilities and equity, 66.0% is shareholder equity, 16.7% is interest-bearing debt, and 17.3% is operating liabilities. Over the year, debt is up 278.4% and equity is up 12.0%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 4.67B |
| Receivables | 8.76B |
| Inventories | 5.23B |
| Property, Plant & Equipment | 8.70B |
| Investments | 2.99B |
| Intangibles & Goodwill | 1.52B |
| Other Assets | 5.74B |
| Category | Value |
|---|---|
| Equity | 24.84B |
| Short-term Debt | 5.13B |
| Long-term Debt | 1.14B |
| Trade Payables | 2.35B |
| Other Liabilities | 4.16B |
Titagarh Wagons at a Glance
Here's the bottom line on Titagarh Wagons Limited (TWL) based on the latest available financials.
Revenue of ₹3,868 Cr in FY2025, broadly flat versus the prior year.
Long-term revenue has been compounding at 17.7% annually over 10 years.
The company is profitable, with a net margin of 7.1% and net income of ₹276 Cr.
The P/E Ratio model implies 46.3% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
There's more to the story. Craytheon's full profile for Titagarh Wagons Limited includes three valuation models, decade-long financials, and insider activity.