Titagarh Rail Systems' Q1 FY 2025-26 Quarterly Results

Result Summary

• Titagarh Rail Systems Ltd reported a 35.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 24.5%.
• Its expenses for the quarter were down by 33.6% QoQ and 22.8% YoY.
• The net profit decreased 60.8% QoQ and decreased 53.8% YoY.
• The earnings per share (EPS) of Titagarh Rail Systems Ltd stood at 2.3 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Titagarh Rail Systems Ltd is a company operating primarily in the rail transportation sector. It is involved in the manufacturing and supply of railway coaches, wagons, and related equipment. This includes both the production of new rail systems as well as maintenance and refurbishment services. The company caters to various clients, including national railway systems and private sector enterprises. While specific recent developments are not detailed in the provided data, the company operates in an industry that is typically influenced by infrastructure investment trends, government policies, and economic conditions affecting transportation sectors.

Revenue

During Q1FY26, Titagarh Rail Systems Ltd reported a total income of ₹690.95 crores. This marks a significant decrease of 35.2% when compared to the previous quarter, Q4FY25, where the total income stood at ₹1067.09 crores. On a year-over-year basis, comparing Q1FY26 to Q1FY25, there is a 24.5% decline in total income from ₹915.34 crores. The decline in total income both sequentially and annually reflects in the financial performance for the quarter, highlighting a period of reduced revenue generation for the company.

Profitability

The company’s profitability indicators also show a downward trend for Q1FY26. The profit before tax (PBT) was ₹56.99 crores, down by 49.1% from ₹111.93 crores in Q4FY25. Year-over-year, PBT fell by 39.7% from ₹94.46 crores in Q1FY25. The tax expense for Q1FY26 was ₹14.47 crores, reflecting a decline of 49.4% quarter-over-quarter and 37.5% year-over-year. Profit after tax (PAT) was recorded at ₹30.94 crores, a decrease of 60.8% from Q4FY25 and 53.8% compared to Q1FY25. Earnings per share (EPS) followed a similar trend, at ₹2.30 for Q1FY26, which is 62.9% lower quarter-over-quarter and 54.0% lower year-over-year, indicating a reduction in shareholder returns during this period.

Operating Metrics

The operating expenses for Titagarh Rail Systems Ltd in Q1FY26 were ₹633.96 crores, showing a reduction of 33.6% from the previous quarter's expenses of ₹955.16 crores. Comparing year-over-year, expenses decreased by 22.8% from ₹820.88 crores in Q1FY25. This indicates a contraction in operating activities or cost-saving measures. Despite the decrease in expenses, the decline in total income outpaced the cost reductions, impacting the overall profitability. The operating metrics reveal a period of financial adjustments and possibly reduced operational scale during Q1FY26.