Titagarh Rail Systems Ltd. is a distinguished leader in the production and sale of metro trains, freight wagons, train electrical systems, passenger coaches, steel castings, specialised equipment, bridges, and ships. The company boasts four state-of-the-art manufacturing facilities, with an impressive production capacity of 12,000 wagons and 300 coaches per annum.
On January 12, 2025, Titagarh Rail Systems announced that it had secured a Letter of Acceptance (LoA) from Ambuja Cements and ACC Ltd. for the manufacturing and supply of 16 BCFCM rake wagons with BVCM wagons. This prestigious order, valued at a substantial ₹537.11 crore, is slated for completion between January 2026 and March 2027.
Recently Company announced that it will embark on the Shipbuilding and Maritime Systems business, undertaking a range of marine activities, including shipbuilding, ship repair, and allied operations. This initiative is set to capitalise on the burgeoning maritime industry and enhance the company’s diversified capabilities.
It also announced that the company will enter the Signalling and Safety Systems domain, focusing on pioneering railway signalling and safety solutions. This segment will be dedicated to developing and deploying cutting-edge technologies that ensure seamless and secure train operations, reinforcing Titagarh’s commitment to innovation and excellence.
Further bolstering its expansion strategy, the company has set an ambitious target in the freight segment, aiming for a production run rate of 1,000 wagons per month.
Vice-Chairman and Managing Director, Umesh Chowdhary, highlighted the company’s operational efficiency, stating, “In the Q2 FY25, we achieved a run rate of approximately 900 wagons per month, translating to about 2,700 wagons per quarter. We are highly confident that from the March quarter onwards, we will stabilise at a robust production pace of 3,000 wagons per quarter.”
At 9:20 AM on February 13, 2025, Titagarh Rail Systems Ltd. shares traded at ₹845.50 per share on the NSE.
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Published on: Feb 13, 2025, 3:53 PM IST
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