Titagarh Rail Systems Share Price is in Focus on ₹430.53 Crore Pune Metro Rail Order

Titagarh Rail Systems Ltd. has received a ₹430.53 crore order from Maharashtra Metro Rail Corporation Ltd. The contract is for the supply of 12 additional trainsets under Clause A.6 of an existing agreement (Contract No: P1/RS-01/2018). The scope includes design, manufacture, supply, testing, commissioning of electrical multiple units, and personnel training.

Contract Details

This is a domestic order and is scheduled to be completed within 30 months. The filing suggests that the order was awarded to the consortium of Titagarh Rail Systems Ltd and its associate company, Titagarh Firema S.p.A. The trainsets are part of the Pune Metro Rail Project, which is being expanded under government approval.

Context: Pune Metro Phase II

Earlier this week, the Union Cabinet cleared the second phase of the Pune Metro Rail Project with an estimated cost of ₹3,626 crore. This phase covers 12.75 km and will add 13 stations through 2 elevated corridors, Vanaz to Chandani Chowk and Ramwadi to Wagholi. The targeted completion time is four years.

Background and Operations

Titagarh Rail Systems Ltd., formerly Titagarh Wagons Ltd, manufactures a wide range of rolling stock. It operates out of India and Italy and provides metro coaches, semi-high-speed trains, freight wagons, and propulsion systems. 

Read more: Best Railway Stocks for July 2025: Jupiter Wagons, Titagarh Rail, BEML and More - Based on 5-Year CAGR!

Titagarh Rail Systems Q4FY25 Results

The Q4 FY25 revenue stood at ₹1,005.57 crore, with a profit of ₹64.45 crore. As of March 31, 2025, the consolidated order book is ₹24,526 crore, including ₹11,200 crore from the standalone entity and ₹13,326 crore from joint ventures. For FY25, the company reported revenue of ₹3,867.75 crore, up 0.38% from the previous year. Net profit declined by 3.41% to ₹276.39 crore. 

Titagarh Rail Share Price Performance 

As of 09:36 AM on June 30, 2025, Titagarh Rail share price was trading at ₹953, a 1.78% increase, down 15.15% over 6 months, and 48.66% over the past year.

Conclusion

The ₹430.53 crore order forms part of the Pune Metro Phase II expansion. It will be executed over 30 months by Titagarh Rail Systems and its associate company under an existing contract.

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