Titagarh Rail Systems has shared its strategic plan, showcasing a diversified business structure including railway systems, freight and passenger rail. Order book stands at ₹28,377 Crores. The company is expanding in metro coach production and targeting growth through strategic alliances and JVs and aims for significant increase in production of various systems by FY28 and beyond. Company is focusing on environmental, social and governance aspects.
Business Unit Structure
Titagarh Rail Systems operates with a diversified structure:
- Railway Systems: Order book of approximately ₹14,545 crs.
- Freight Rail Systems BU: Order book of approximately ₹3,590 crs, featuring Wagon SBU.
- Passenger Rail Systems BU: Order book of approximately ₹10,955 crs, covering Metro Coach SBU (₹5,049.00 crs) and Vande Bharat & Passenger Trains SBU (₹4,931 crs).
Other Business and Joint Ventures
The company also has opportunities in non-core growth and strategic joint ventures, holding an order book of approximately ₹27,532.
- Non-Core Growth: Opportunities valued at approximately ₹532.
- Strategic Joint Venture: Approximately ₹27,000.
Order Book Details
The company’s total order book is ₹28,377 Crores, with significant contributions from:
- Freight Rail Systems: 23.81%
- Passenger Rail Systems: 72.67%
- TRSL Orderbook Share in JVs: ₹13,300 Crores
Freight Rail Systems (FRS)
- Installed capacity of 12,000 wagons p.a.
- Order backlog of 9047 wagons.
Metro Coach SBU
The company is targeting increased capacity in metro coach production, aiming for 500-550 coaches by FY30. Current order book for 561 coaches.
Vande Bharat & Passenger Train SBU
The company has a Vande Bharat & Passenger Train SBU with plans to increase production capacity in upcoming years. JV with BHEL for AMC of VB trains, contract value is INR 14,000 Crores plus PVC for the entire 35 years.
RKTR Joint Venture
- Production Plan for Forged Wheels: Planned Commercial Production Q4 FY26/Q1 FY 27.
- FY 2027 ~ 74,000 wheels
- FY 30 onwards: ~ 2,05,000 wheels
Titagarh Naval Systems Limited
Has delivered more than 35 vessels till date.
Source: BSE