Titagarh Rail Systems Limited formerly known as Titagarh Wagons is an Indian company that specializes in the design, manufacturing, and supply of a wide range of railway rolling stock and related products. The company is a part of the Titagarh Group, which is a prominent industrial conglomerate in India with interests in various sectors, including railways, defense, and engineering. In this article we will discuss Titagarh Wagons Share Price Target for 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.
Table of Contents
Business Model of Titagarh Rail Systems Limited
The business model of Titagarh Rail Systems Limited revolves around its role as a manufacturer and supplier of railway rolling stock and related products. Titagarh Wagons business model:
- Manufacturing: Titagarh Rail Systems manufactures a wide range of railway products, including freight wagons, passenger coaches, metro coaches, and components such as bogies and couplers. Manufacturing is at the core of its operations, and the company focuses on maintaining high-quality standards in its products.
- Diversified Product Portfolio: The company offers a diversified product portfolio to cater to the needs of different customers, including Indian Railways, metro rail projects, and defense contracts. This diversification helps mitigate risks associated with market fluctuations in specific segments.
- Customer Relationships: Titagarh Rail Systems establishes and maintains strong relationships with its customers, which primarily include government agencies, railway authorities, and defense organizations. These relationships often result in long-term contracts and repeat business.
- Innovation and R&D: The company invests in research and development to innovate and improve its product offerings continually. Staying technologically competitive is crucial in the railway industry, where safety, efficiency, and environmental considerations are paramount.
- Quality Assurance: Quality is a critical aspect of Titagarh Rail Systems’ business model. The company ensures that its products meet safety and quality standards, both national and international. This commitment to quality enhances its reputation and fosters trust among customers.
- Project Execution: Titagarh Rail Systems often engages in large-scale railway projects, which involve the manufacturing, supply, and maintenance of rolling stock. Project execution is a significant part of its business, requiring efficient project management and logistics.
- Domestic and International Markets: While the company has a substantial presence in the Indian railway sector, it also explores international markets for export opportunities. Expanding into global markets can provide growth avenues and diversify revenue streams.
- After-Sales Services: Titagarh Rail Systems may offer after-sales services, including maintenance and refurbishment of rolling stock. These services can create ongoing revenue streams and strengthen customer relationships.
- Compliance and Regulation: The railway industry is heavily regulated, and compliance with safety and quality standards is essential. Titagarh Rail Systems ensures that its products and operations adhere to relevant regulations and standards.
Shareholding of Titagarh Rail Systems Limited
As of June 2023, Shareholding of Jupiter Wagons are as –
- Promotors- 44.97%.
- Public- 55.03%.
Titagarh Wagons Share
Titagarh Wagons is listed on the National Stock Exchange and the Bombay Stock Exchange and has a large number of shareholders. Public holds the majority stake in the company.
As of 21 November, 2023, Titagarh Wagons share price on the NSE was INR 1004.00/-, Titagarh Share 52 week high at Rs. 1046.50/- & 52 week low Rs. 432.90/-. P/E is 49.54.
| Company Name | Titagarh Rail Systems Limited |
| Share Name | NSE: TWL, BSE: 532966 |
| Sector | Railway Freight wagons |
| Headquater | Kolkata |
| Foundation | 1997 |
| Key Person | Jagadish Prasad Chowdhary (MD) |
| Market Cap | 10,061.14 Crores Rs. |
| Revenue | 2,824 Crore Rs |
| Official Website | Click Here |
Titagarh Wagons Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 1050 | 1160 |
| 2024 | 1180 | 1270 |
| 2025 | 1275 | 1390 |
| 2026 | 1400 | 1560 |
| 2027 | 1575 | 1710 |
| 2028 | 1730 | 1920 |
| 2029 | 1935 | 2145 |
| 2030 | 2155 | 2350 |
| 2040 | 8750 | 8960 |
| 2050 | 21680 | 21990 |
Note:- “That these share price targets for “Titagarh Wagons Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
Annual Result Summary of Titagarh Wagons
Annual result summary of Titagarh Rail Systems Limited :
- Revenue: ₹1,812.24 crore, an increase of 19.5% from ₹1,520.07 crore in the previous year.
- Profit after tax: ₹140.94 crore, an increase of 100.2% from ₹70.46 crore in the previous year.
- Earnings per share: ₹2.08, an increase of 118.2% from ₹0.95 in the previous year.
- Order book: ₹4,300 crore, an increase of 37.8% from ₹3,130 crore in the previous year.
- Liquidity: Current ratio of 1.89 and debt-to-equity ratio of 0.19.
- Dividend: ₹1.50 per share, a payout of 72.6% of the profit after tax.
Last 5 Year History of Titagarh Wagons Share
In Last 5 year Titagarh Share give 801.48% returns to its Investors.
| Year | Share Price |
| Sep 2019 | 44.10 |
| Sep 2020 | 44.25 |
| Sep 2021 | 92.20 |
| Sep 2022 | 152.10 |
| Sep 2023 | 791.00 |
Titagarh Share Price Target 2023
The company’s performance was driven by strong growth in the railway sector, both in India and overseas. The order book is also healthy, which augurs well for the company’s future prospects.
Titagarh share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹1050 | ₹1160 |
Titagarh Share Price Target 2024
Titagarh Rail Systems Limited’s order book for the railway business stood at ₹3,700 crore, of which ₹600 crore is from international orders.
Titagarh share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹1180 | ₹1270 |
Titagarh Share Price Target 2025
TWL has been expanding into new markets, such as the Middle East and Africa. This has helped to diversify the company’s revenue base and reduce its dependence on the Indian market.
Titagarh share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹1275 | ₹1390 |
Titagarh Share Price Target 2026
Titagarh share is a good investment option for investors who are looking for exposure to the railway sector.
Titagarh share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹1400 | ₹1560 |
Titagarh Share Price Target 2027
The company has a strong track record of growth and profitability, and it is well-positioned to benefit from the ongoing growth in the Indian railway sector.
Titagarh share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹1575 | ₹1710 |
Titagarh Share Price Target 2028
The Indian government is investing heavily in the railway sector, which is leading to increased demand for railway rolling stock.
Titagarh share price target 2028 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2028 | ₹1730 | ₹1920 |
Titagarh Share Price Target 2029
The Indian railway sector is expected to continue to grow in the coming years, and this will benefit Titagarh. The company is also well-positioned to benefit from the growth of the global railway market.
Titagarh share price target 2029 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2029 | ₹1935 | ₹2145 |
Titagarh Share Price Target 2030
Titagarh, as a railway equipment manufacturer and infrastructure provider, is well-positioned to benefit from the expansion and modernization of the Indian railway network.
Titagarh share price target 2030 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹2155 | ₹2350 |
Recent News of Titagarh Wagons
- Titagarh Wagons bags Rs 857 crore order from Gujarat Metro Rail Corporation. The company will design, manufacture, supply, test, commission and train 72 Standard Gauge Cars for Surat Metro Rail Phase-I Project I.
- Titagarh Wagons bullish about demand; to ramp up capacity. The company is expecting strong demand for railway rolling stock in the coming years and is planning to ramp up its capacity.
- Titagarh Rail Systems to invest ₹650 crore on capacity expansion over next two years. The company plans to invest ₹650 crore in capacity expansion over the next two years. The investment will be used to set up new manufacturing facilities and upgrade existing ones.
- Titagarh Wagons board proposes change in name to Titagarh Rail Systems. The company’s board of directors has proposed to change the company’s name to Titagarh Rail Systems. The name change is being done to reflect the company’s growing focus on the rail systems business.
- Titagarh Wagons-BHEL consortium emerges L2 for manufacturing Vande Bharat trains. The consortium of Titagarh Wagons and BHEL has emerged as the L2 bidder for manufacturing 44 Vande Bharat trains. The L1 bidder is Alstom.
FAQs
Titagarh Wagon share easily touch 850 in year 2023.
Titagarh Wagons presents an appealing long-term investment opportunity. Boasting a robust history of sustained growth and profitability, the company stands strategically positioned to capitalize on the continuous expansion within the Indian railway sector. Nevertheless, prospective investors should exercise diligence in acknowledging the associated risks prior to considering an investment in Titagarh shares.
Target Price of Titagarh Wagon in 2023 is Rs.1050-1160.
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