Titagarh Rail Systems (BOM:532966) ROE %: 8.79% (As of Mar. 2026) — 537% Above Median


BOM:532966 Titagarh Rail Systems Ltd BOM:532966
88 GF Score
Price ₹877.35
GF Value ₹860.05
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Titagarh Rail Systems ROE %?

Titagarh Rail Systems BOM:532966 -0.67% 88 ROE % is 8.79% as of Mar. 2026, which is 537% above its 10-year median of 1.38. GuruFocus rates BOM:532966 with a GF Score™ of 88/100 and a GF Value™ of ₹860.05 (Fairly Valued). The stock has 6 warning signs investors should review. Among 985 Transportation companies, Titagarh Rail Systems ranks worse than 53.81% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Titagarh Rail Systems's annualized net income for the quarter that ended in Mar. 2026 was ₹2,158 Mil. Titagarh Rail Systems's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹24,558 Mil. Therefore, Titagarh Rail Systems's annualized ROE % for the quarter that ended in Mar. 2026 was 8.79%.

The historical rank and industry rank for Titagarh Rail Systems's ROE % or its related term are showing as below:

BOM:532966' s ROE % Range Over the Past 10 Years
Min: -15.76   Med: 1.38   Max: 17.99
Current: 6.81

During the past 13 years, Titagarh Rail Systems's highest ROE % was 17.99%. The lowest was -15.76%. And the median was 1.38%.

BOM:532966's ROE % is ranked worse than
53.81% of 985 companies
in the Transportation industry
Industry Median: 7.59 vs BOM:532966: 6.81

Titagarh Rail Systems  (BOM:532966) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2158.4/24557.6
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2158.4 / 35017.2)*(35017.2 / 40391.5)*(40391.5 / 24557.6)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.16 %*0.8669*1.6448
=ROA %*Equity Multiplier
=5.34 %*1.6448
=8.79 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2158.4/24557.6
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2158.4 / 2909.2) * (2909.2 / 3321.2) * (3321.2 / 35017.2) * (35017.2 / 40391.5) * (40391.5 / 24557.6)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7419 * 0.8759 * 9.48 % * 0.8669 * 1.6448
=8.79 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Titagarh Rail Systems ROE % Related Terms


Titagarh Rail Systems ROE % Historical Data

* Premium members only.

The historical data trend for Titagarh Rail Systems's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Titagarh Rail Systems ROE % Chart

Titagarh Rail Systems Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 14.42 17.99 3.75 4.98

Titagarh Rail Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -19.72 4.97 5.81 7.57 8.79

BOM:532966 vs UNP, CSX, NSC: ROE % Comparison

For the Railroads subindustry, Titagarh Rail Systems's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Titagarh Rail Systems ROE % vs Transportation Industry

For the Transportation industry and Industrials sector, Titagarh Rail Systems's ROE % distribution charts can be found below:

* The bar in red indicates where Titagarh Rail Systems's ROE % falls into.


BOM:532966
88GF Score
Titagarh Rail Systems Ltd BOM:532966
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Titagarh Rail Systems ROE % Calculation

Titagarh Rail Systems's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=1229.8/( (24829.8+24557.6)/ 2 )
=1229.8/24693.7
=4.98 %

Titagarh Rail Systems's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=2158.4/( (0+24557.6)/ 1 )
=2158.4/24557.6
=8.79 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 8.79% mean?
Titagarh Rail Systems (BOM:532966) has a ROE % of 8.79% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Titagarh Rail Systems and its competitors. This is 537% above median its historical median of 1.38. According to the industry distribution chart, Titagarh Rail Systems ranks #530 out of 985 companies in the Transportation industry, placing it in the top 53.8%.
Is Titagarh Rail Systems' ROE % too high?
Titagarh Rail Systems' current ROE % of 8.79% is 537% above median its 10-year median of 1.38. The Transportation industry median ROE % is 7.59. Titagarh Rail Systems' value of 8.79% is 15.8% above this industry median. Based on the distribution chart, Titagarh Rail Systems ranks #530 out of 985 companies in the Transportation industry, which is below the industry midpoint. Overall, Titagarh Rail Systems has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Titagarh Rail Systems' ROE % compare to UNP and CSX?
According to the Transportation industry distribution chart, Titagarh Rail Systems ranks #530 out of 985 companies for ROE %. This places Titagarh Rail Systems in the lower half of its industry. The industry median ROE % is 7.59. Titagarh Rail Systems' value of 8.79% is 15.8% above this benchmark. While the company's 10-year median is 1.38 vs. the industry median of 7.59, Titagarh Rail Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Transportation company?
The median ROE % among Transportation companies is 7.59, based on 985 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Titagarh Rail Systems's current ROE % of 8.79% is 15.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Titagarh Rail Systems and its competitors. For the Transportation industry, the median ROE % is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titagarh Rail Systems's current ROE % is 8.79%, which is 537% above median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titagarh Rail Systems stock overvalued right now?
Based on GuruFocus' analysis, Titagarh Rail Systems (BOM:532966) is currently considered Fairly Valued. The stock's GF Value™ is ₹860.05, compared to a current price of ₹877.35 — trading 2% above its estimated fair value. The current ROE % is 8.79%, which is 537% above median its 10-year median of 1.38 and 15.8% above the Transportation industry median of 7.59. Titagarh Rail Systems' overall GF Score™ is 88/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Titagarh Rail Systems (BOM:532966), the current ROE % is 8.79% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Titagarh Rail Systems (BOM:532966) Overvalued in 2026?

Based on GuruFocus' analysis, Titagarh Rail Systems stock appears to be overvalued. The current stock price of ₹877.35 is trading 2% above its estimated GF Value™ of ₹860.05. GuruFocus considers Titagarh Rail Systems to be Fairly Valued.

Key valuation signals for BOM:532966:

  • ROE %: 8.79% (537% above median its 10-year median of 1.38)
  • GF Value™: ₹860.05 vs. price of ₹877.35 (2% above fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 15.8% above the Transportation median (#530 of 985)

No single metric tells the full story. See the BOM:532966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Titagarh Rail Systems Business Description

Other Exchanges TITAGARH:India
Address 756 Anandpur, E. M. Bypass, Titagarh Towers, Kolkata, WB, IND, 700107
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.
88GF Score

Get the complete analysis for BOM:532966

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹877.35
Price
₹860.05
GF Value