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TITAGARH - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.4

Last Updated Time : 19 Mar 26, 07:11 pm

Fundamental Rating: 3.4

Stock Code TITAGARH Market Cap 8,730 Cr. Current Price 649 ₹ High / Low 974 ₹
Stock P/E 36.8 Book Value 193 ₹ Dividend Yield 0.15 % ROCE 17.5 %
ROE 12.8 % Face Value 2.00 ₹ DMA 50 735 ₹ DMA 200 831 ₹
Chg in FII Hold 1.10 % Chg in DII Hold -0.17 % PAT Qtr 62.3 Cr. PAT Prev Qtr 51.8 Cr.
RSI 35.6 MACD -35.3 Volume 7,79,857 Avg Vol 1Wk 7,62,859
Low price 610 ₹ High price 974 ₹ PEG Ratio 0.50 Debt to equity 0.25
52w Index 10.7 % Qtr Profit Var -9.69 % EPS 16.6 ₹ Industry PE 47.9

📊 Financials

  • Revenue Growth: Moderate, PAT improved to 62.3 Cr from 51.8 Cr
  • Profit Margins: EPS at 16.6 ₹, showing profitability
  • Debt Ratios: Debt-to-equity at 0.25, manageable leverage
  • Cash Flows: Healthy, supported by consistent profits
  • Return Metrics: ROCE 17.5% and ROE 12.8% indicate solid efficiency

💹 Valuation

  • P/E Ratio: 36.8, lower than industry average (47.9), suggesting fair valuation
  • P/B Ratio: ~3.36 (Current Price / Book Value), moderate
  • PEG Ratio: 0.50, indicating undervaluation relative to growth
  • Intrinsic Value: Fairly valued with potential upside

🏢 Business Model & Health

  • Business Model: Rail systems and engineering solutions, serving infrastructure and transport sectors
  • Competitive Advantage: Strong domestic presence, growing demand from railway modernization
  • Overall Health: Financially sound with growth visibility, though short-term volatility exists

🎯 Entry Zone Recommendation

  • Entry Zone: Attractive near 620–650 ₹ levels (close to support)
  • Long-Term Holding: Suitable for growth investors; dividend yield (0.15%) is minimal but adds stability


✅ Positive

  • Quarterly PAT improved (62.3 Cr vs 51.8 Cr)
  • EPS of 16.6 ₹ reflects profitability
  • FII holdings increased (+1.10%), showing foreign investor confidence

⚠️ Limitation

  • Dividend yield is very low (0.15%)
  • Stock trading below DMA 50 and DMA 200, showing bearish trend
  • Quarterly profit variation (-9.69%) highlights volatility

📉 Company Negative News

  • DII holdings decreased (-0.17%), showing reduced domestic institutional support
  • Technical indicators (RSI 35.6, MACD -35.3) suggest weak momentum

📈 Company Positive News

  • FII holdings increased (+1.10%), showing foreign investor confidence
  • Improved quarterly PAT compared to previous quarter

🏭 Industry

  • Capital goods industry P/E: 47.9, higher than TITAGARH’s valuation
  • Sector demand driven by infrastructure expansion and railway modernization

🔎 Conclusion

  • TITAGARH is financially stable with moderate profitability and manageable debt
  • Valuation is fair compared to industry peers, with PEG suggesting growth potential
  • Entry near 620–650 ₹ offers value; suitable for long-term investors focused on infrastructure growth

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