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TITAGARH - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.5

Last Updated Time : 02 Feb 26, 01:19 pm

Fundamental Rating: 3.5

Stock Code TITAGARH Market Cap 10,576 Cr. Current Price 785 ₹ High / Low 974 ₹
Stock P/E 43.4 Book Value 193 ₹ Dividend Yield 0.13 % ROCE 17.5 %
ROE 12.8 % Face Value 2.00 ₹ DMA 50 824 ₹ DMA 200 875 ₹
Chg in FII Hold 1.10 % Chg in DII Hold -0.17 % PAT Qtr 51.8 Cr. PAT Prev Qtr 44.9 Cr.
RSI 43.5 MACD -9.60 Volume 25,46,779 Avg Vol 1Wk 12,92,374
Low price 655 ₹ High price 974 ₹ PEG Ratio 0.59 Debt to equity 0.25
52w Index 40.9 % Qtr Profit Var -42.5 % EPS 17.6 ₹ Industry PE 50.0

📊 Core Financials

  • Revenue Growth: Quarterly PAT improved from 44.9 Cr. to 51.8 Cr., showing growth momentum.
  • Profit Margins: EPS at 17.6 ₹ indicates healthy profitability.
  • Debt Ratios: Debt-to-equity at 0.25, moderate leverage manageable for expansion.
  • Cash Flows: Likely positive given consistent profitability and moderate debt.
  • Return Metrics: ROCE at 17.5% and ROE at 12.8% reflect efficient capital utilization.

💹 Valuation Indicators

  • P/E Ratio: 43.4, slightly below industry average (50.0), suggesting fair valuation.
  • P/B Ratio: ~4.07 (Current Price / Book Value), moderately high but acceptable given growth.
  • PEG Ratio: 0.59, indicates valuation is attractive relative to growth prospects.
  • Intrinsic Value: Current price (785 ₹) trades below DMA 50 (824 ₹) and DMA 200 (875 ₹), offering potential value entry.

🏢 Business Model & Competitive Advantage

  • TITAGARH operates in rail systems and heavy engineering, benefiting from infrastructure demand.
  • Competitive advantage lies in strong domestic presence and government-backed projects.
  • Moderate debt and consistent profitability provide resilience in cyclical markets.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive near 750–780 ₹, close to current levels and below DMA averages.
  • Long-Term Holding: Suitable for investors seeking exposure to infrastructure growth. Strong fundamentals support holding, though valuation premium should be monitored.

Positive

  • Quarterly PAT improved, showing operational growth.
  • ROCE (17.5%) and ROE (12.8%) highlight efficient capital use.
  • FII holdings increased (+1.10%), reflecting foreign investor confidence.

Limitation

  • P/E ratio relatively high, limiting upside potential.
  • Dividend yield at 0.13% offers negligible shareholder return.
  • Technical indicators weak (MACD negative, RSI at 43.5).

Company Negative News

  • DII holdings decreased (-0.17%), showing reduced domestic institutional support.
  • Stock trading below DMA 50 and DMA 200, reflecting bearish sentiment.

Company Positive News

  • Quarterly PAT improved from 44.9 Cr. to 51.8 Cr.
  • Strong trading volumes indicate continued investor interest.

Industry

  • Industry P/E at 50.0, slightly higher than TITAGARH’s valuation, suggesting sector trades at premium multiples.
  • Rail and infrastructure sector benefits from government spending and modernization projects.

Conclusion

  • TITAGARH shows strong fundamentals with profitability growth, moderate debt, and efficient capital use.
  • Valuation is fair compared to industry, with entry opportunity near current levels.
  • Long-term investors can hold for infrastructure-driven growth, while monitoring technical trends and institutional participation.

I can also prepare a sector outlook HTML summary to show how TITAGARH aligns with India’s broader rail and infrastructure growth story. Would you like me to add that?

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