English
English
English
Titagarh Rail Systems just bagged a massive ₹2,481 crore Mumbai Metro order even as its profits dipped but why are analysts still bullish on this railway stock? Is it the next big multibagger riding India’s rail infrastructure boom?
This Railway Stock on the Fast Track to Growth
New Delhi: The Indian railway sector is witnessing an unprecedented boom, driven by rising freight demand and increased government expenditure on infrastructure. In the financial year 2025, India recorded the production of 41,929 wagons, a steep rise from 37,650 wagons in the previous year.
Experts believe that by 2031, the wagon manufacturing industry could double in size to ₹30,000 crore, highlighting massive growth potential. At the center of this expansion stands Titagarh Rail Systems Limited (TRSL) one of India’s most prominent players in rail manufacturing.
Adding another milestone to its portfolio, Titagarh Rail Systems has secured a ₹2,481 crore order from the Mumbai Metropolitan Region Development Authority (MMRDA). The contract is part of the Mumbai Metro Line-5 project, a 24.9-kilometer corridor covering 16 stations.
Share Market Updates: Indian Stock Market Falls Sharply as Sensex Drops 632 Points, Nifty Down 185
Under this deal, Titagarh will handle the design, manufacturing, installation, and five-year maintenance of 132 advanced metro coaches. Additionally, the company will be responsible for the telecommunication systems, platform screen doors, train control, depot machinery, and testing of the entire system reflecting its growing expertise in integrated rail solutions.
This major win strengthens Titagarh’s presence in India’s urban metro infrastructure segment and positions it as a preferred partner in large-scale public transportation projects.
Despite its strong order pipeline, Titagarh Rail Systems faced some headwinds in the first quarter of FY 2026. The company reported a 25% decline in revenue and a 54% fall in net profit. However, analysts remain bullish due to the company’s robust ₹30,000 crore order book and strategic expansion plans.
Titagarh aims to ramp up its metro coach production from 120 units in FY 2026 to 250 units by FY 2028. Moreover, the company plans to begin wheelset manufacturing by Q4 FY 2026, further integrating its supply chain and enhancing operational efficiency.
Stock Market Today: Sensex Dips, Nifty Slips; What Should Traders Watch Next?
The upcoming new tenders in Q4 FY 2026 are expected to generate additional revenue streams, aligning with the government’s target of 3 billion tonnes of annual freight movement by 2030.
Over the past few years, Titagarh Rail Systems has delivered stellar returns to investors soaring 520% in the last three years and a staggering 2,000% over five years.
With continued government investment, a swelling order book, and a clear growth roadmap, the stock remains a top contender in the railway sector, offering promising long-term value for investors who believe in India’s transport infrastructure story.
