Titagarh's Q1 operating margin trails Industrials median by 1.96 points
Consolidated operating profit was Rs 94.88 cr on Rs 765.07 cr revenue; the company filed after market close, leaving no initial stock reaction.
Filed 12 Aug 2026, 19:44 IST · after market close · Titagarh Rail Systems Ltd (TITAGARH)
Key takeaways
- Operating profit of Rs 94.88 cr translated into net profit of Rs 52.58 cr after Rs 15.10 cr interest and Rs 14.96 cr depreciation.
- Titagarh's 12.40% operating margin was 1.96 percentage points below the 14.36% median for 125 reported Industrials peers.
- Other income was Rs 6.06 cr against profit before tax of Rs 70.88 cr, so non-operating income was not the main source of reported profit.
Price around the results
Operating profit cleared the pre-tax bridge
Titagarh Rail Systems reported consolidated Q1FY27 revenue of Rs 765.07 cr and operating profit of Rs 94.88 cr. Interest of Rs 15.10 cr and depreciation of Rs 14.96 cr brought profit before tax to Rs 70.88 cr, while net profit stood at Rs 52.58 cr. Other income of Rs 6.06 cr was modest relative to pre-tax profit.
Margin lagged the Industrials peer median
The company's 12.40% operating margin was 1.96 percentage points below the 14.36% median among 125 Industrials companies that had reported the quarter. With no quarter-on-quarter or year-on-year driver data provided, the reported cost structure does not establish which operating line caused the gap.
After-close filing leaves the market response open
The consolidated results were filed at 19:44 IST on 12 August 2026, after market hours. There is therefore no stock-price reaction to assess yet, and no prior-reaction history is available in this results set.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹765 cr |
| Other income | ₹6 cr |
| Expenses | ₹670 cr |
| Operating profit | ₹95 cr |
| Operating margin (%) | 12.40% |
| Interest | ₹15 cr |
| Depreciation | ₹15 cr |
| Profit before tax | ₹71 cr |
| Tax | ₹18 cr |
| Net profit | ₹53 cr |
| EPS (₹) | ₹3.91 |
Operating margin of 12.40% compares with a Industrials sector median of 14.36% across 125 peers that have reported Q1FY27.
What to watch
- Whether operating margin moves from 12.40% in the next reported quarter.
- Whether interest stays near Rs 15.10 cr as operating profit changes.
- Whether other income remains modest relative to Rs 70.88 cr profit before tax.