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- Titagarh Rail Systems
Titagarh Rail Systems Valuation Multiples
Discover revenue and EBITDA valuation multiples for Titagarh Rail Systems and similar public comparables like Engcon, Manitou BF, Tennant, Ferreycorp and more.
Titagarh Rail Systems Overview
About Titagarh Rail Systems
Titagarh Rail Systems Ltd manufactures and sells Freight Wagons, Passenger Coaches, Metro Trains, Train Electricals, Steel Castings, Specialised Equipment and Bridges, Ships and others. The segments of the group are Freight Rail Systems and Passenger Rail Systems. The majority of the company's revenue is generated from its Freight Rail Systems segment which consists of the manufacturing of wagons, loco shells, bogies, couplers, its components, designing and construction of warships, passenger vessels, tug, and specialized equipment for Defence, Bridge Girders, etc. Geographically, the company derives its key revenue from India and it also caters to International markets.
Founded
1997
HQ

Employees
1.4K
Website
Financials (LTM)
EV
$1B
Titagarh Rail Systems Financials
Titagarh Rail Systems reported last 12-month revenue of $361M and EBITDA of $41M.
In the same LTM period, Titagarh Rail Systems generated $77M in gross profit, $41M in EBITDA, and $23M in net income.
Revenue (LTM)
Titagarh Rail Systems P&L
In the most recent fiscal year, Titagarh Rail Systems reported revenue of $453M and EBITDA of $51M.
Titagarh Rail Systems expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $361M | XXX | $453M | XXX | XXX | XXX |
| Gross Profit | $77M | XXX | $52M | XXX | XXX | XXX |
| Gross Margin | 21% | XXX | 11% | XXX | XXX | XXX |
| EBITDA | $41M | XXX | $51M | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | 11% | XXX | XXX | XXX |
| EBIT Margin | 11% | XXX | 11% | XXX | XXX | XXX |
| Net Profit | $23M | XXX | $34M | XXX | XXX | XXX |
| Net Margin | 6% | XXX | 8% | XXX | XXX | XXX |
| Net Debt | — | — | $55M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Titagarh Rail Systems Stock Performance
Titagarh Rail Systems has current market cap of $1B, and enterprise value of $1B.
Market Cap Evolution
Titagarh Rail Systems' stock price is $7.75.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1B | $1B | 0.0% | XXX | XXX | XXX | $0.25 |
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Start Free TrialTitagarh Rail Systems Valuation Multiples
Titagarh Rail Systems trades at 2.9x EV/Revenue multiple, and 25.5x EV/EBITDA.
EV / Revenue (LTM)
Titagarh Rail Systems Financial Valuation Multiples
As of March 9, 2026, Titagarh Rail Systems has market cap of $1B and EV of $1B.
Equity research analysts estimate Titagarh Rail Systems' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Titagarh Rail Systems has a P/E ratio of 45.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV/Revenue | 2.9x | XXX | 2.3x | XXX | XXX | XXX |
| EV/EBITDA | 25.5x | XXX | 20.7x | XXX | XXX | XXX |
| EV/EBIT | 26.9x | XXX | 20.9x | XXX | XXX | XXX |
| EV/Gross Profit | 13.7x | XXX | 20.5x | XXX | XXX | XXX |
| P/E | 45.2x | XXX | 30.7x | XXX | XXX | XXX |
| EV/FCF | 77.2x | XXX | (29.1x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Titagarh Rail Systems Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Titagarh Rail Systems Margins & Growth Rates
Titagarh Rail Systems' revenue in the last 12 month grew by 45%.
Titagarh Rail Systems' revenue per employee in the last FY averaged $0.3M.
Titagarh Rail Systems' rule of 40 is 57% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Titagarh Rail Systems' rule of X is 124% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Titagarh Rail Systems Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 45% | XXX | (22%) | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | 11% | XXX | XXX | XXX |
| EBITDA Growth | 49% | XXX | (20%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 57% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 124% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 2% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Titagarh Rail Systems Public Comps
See public comps and valuation multiples for other Railways and Machinery comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Engcon | XXX | XXX | XXX | XXX | XXX | XXX |
| Manitou BF | XXX | XXX | XXX | XXX | XXX | XXX |
| Tennant | XXX | XXX | XXX | XXX | XXX | XXX |
| Ferreycorp | XXX | XXX | XXX | XXX | XXX | XXX |
| Aebi Schmidt Holding | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Titagarh Rail Systems M&A Activity
Titagarh Rail Systems acquired XXX companies to date.
Last acquisition by Titagarh Rail Systems was on XXXXXXXX, XXXXX. Titagarh Rail Systems acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Titagarh Rail Systems
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialTitagarh Rail Systems Investment Activity
Titagarh Rail Systems invested in XXX companies to date.
Titagarh Rail Systems made its latest investment on XXXXXXXX, XXXXX. Titagarh Rail Systems invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Titagarh Rail Systems
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Titagarh Rail Systems
| When was Titagarh Rail Systems founded? | Titagarh Rail Systems was founded in 1997. |
| Where is Titagarh Rail Systems headquartered? | Titagarh Rail Systems is headquartered in India. |
| How many employees does Titagarh Rail Systems have? | As of today, Titagarh Rail Systems has over 1K employees. |
| Who is the CEO of Titagarh Rail Systems? | Titagarh Rail Systems' CEO is Umesh Chowdhary. |
| Is Titagarh Rail Systems publicly listed? | Yes, Titagarh Rail Systems is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of Titagarh Rail Systems? | Titagarh Rail Systems trades under TITAGARH ticker. |
| When did Titagarh Rail Systems go public? | Titagarh Rail Systems went public in 2008. |
| Who are competitors of Titagarh Rail Systems? | Titagarh Rail Systems main competitors are Engcon, Manitou BF, Tennant, Ferreycorp. |
| What is the current market cap of Titagarh Rail Systems? | Titagarh Rail Systems' current market cap is $1B. |
| What is the current revenue of Titagarh Rail Systems? | Titagarh Rail Systems' last 12 months revenue is $361M. |
| What is the current revenue growth of Titagarh Rail Systems? | Titagarh Rail Systems revenue growth (NTM/LTM) is 45%. |
| What is the current EV/Revenue multiple of Titagarh Rail Systems? | Current revenue multiple of Titagarh Rail Systems is 2.9x. |
| Is Titagarh Rail Systems profitable? | Yes, Titagarh Rail Systems is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Titagarh Rail Systems? | Titagarh Rail Systems' last 12 months EBITDA is $41M. |
| What is Titagarh Rail Systems' EBITDA margin? | Titagarh Rail Systems' last 12 months EBITDA margin is 12%. |
| What is the current EV/EBITDA multiple of Titagarh Rail Systems? | Current EBITDA multiple of Titagarh Rail Systems is 25.5x. |
| What is the current FCF of Titagarh Rail Systems? | Titagarh Rail Systems' last 12 months FCF is $14M. |
| What is Titagarh Rail Systems' FCF margin? | Titagarh Rail Systems' last 12 months FCF margin is 4%. |
| What is the current EV/FCF multiple of Titagarh Rail Systems? | Current FCF multiple of Titagarh Rail Systems is 77.2x. |
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