Best Railway Stocks in September 2026: Titagarh Rail, Jupiter Wagons and More Based on 5-Year CAGR

In September 2026, the railway sector presents several noteworthy stocks based on their 5-year compound annual growth rate (CAGR). Titagarh Rail Systems Ltd and Jupiter Wagons Ltd are among the top performers, showcasing significant growth over the period.
Top Railway Stocks in September 2026
| S.No | Name | Market Cap (in ₹ Crore) | PE Ratio | PB Ratio | Return on Equity | ROCE | 1 Year Return (%) | 5 Year CAGR (%) |
| 1 | Titagarh Rail Systems Ltd | 11360.41 | 92.38 | 4.57 | 11.76 | 9.94 | -1.07 | 54.54 |
| 2 | Jupiter Wagons Ltd | 10556.05 | 61.7 | 3.81 | 17.38 | 11.08 | -24.6 | 50.68 |
| 3 | Ramkrishna Forgings Ltd | 13400.18 | 186.63 | 4.07 | 2.27 | 5.9 | 31.6 | 31.03 |
| 4 | Texmaco Rail & Engineering Limited | 4254.58 | 21.8 | 1.76 | 7.45 | 14.19 | -18.54 | 30.62 |
| 5 | BEML Ltd | 16119.75 | 114.03 | 5.58 | 10.53 | 6.12 | 1.2 | 29.64 |
Note: The above data is as of September 2, 2026.
Titagarh Rail Systems Ltd
Titagarh Rail Systems Ltd leads the list with a market cap of ₹11,360.41 crore and a last trade price of ₹833.95. It boasts a 5-year CAGR of 54.54%. The company has a price-to-earnings (PE) ratio of 92.38 and a return on equity of 11.76%. Despite a 1-year return of -1.07%, its long-term growth remains robust.
Jupiter Wagons Ltd
Jupiter Wagons Ltd follows closely with a market cap of ₹10,556.05 crore and a last trade price of ₹242.36. Its 5-year CAGR stands at 50.68%. The company has a PE ratio of 61.7 and a return on equity of 17.38%. However, it experienced a 1-year return of -24.6%.
Ramkrishna Forgings Ltd
Ramkrishna Forgings Ltd has a market cap of ₹13,400.18 crore and a last trade price of ₹753.6. It achieved a 5-year CAGR of 31.03%. The company’s PE ratio is 186.63, and it recorded a 1-year return of 31.6%.
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Texmaco Rail & Engineering Limited
Texmaco Rail & Engineering Limited has a market cap of ₹4,254.58 crore and a last trade price of ₹113.07. It holds a 5-year CAGR of 30.62%. The company’s PE ratio is 21.8, and it experienced a 1-year return of -18.54%.
BEML Ltd
BEML Ltd, with a market cap of ₹16,119.75 crore and a last trade price of ₹1,970.2, has a 5-year CAGR of 29.64%. Its PE ratio is 114.03, and it recorded a 1-year return of 1.2%.
Conclusion
The railway sector in September 2026 highlights Titagarh Rail Systems Ltd with a 5-year CAGR of 54.54% and Jupiter Wagons Ltd at 50.68%. Other stocks like Ramkrishna Forgings Ltd, Texmaco Rail & Engineering Limited, and BEML Ltd also demonstrate notable growth rates.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Sep 2, 2026, 1:04 PM IST

Team Angel One
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