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Titagarh Wagons Share Price Target 2023, 2024, 2025, 2030

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Titagarh Wagons Share Price Target: Hello, and welcome to this article. Today, we’ll review Titagarh Wagons’s (Titagarh Rail Systems Ltd) operations, how it earns profits, potential growth areas and all sorts of information regarding this business to gain a better understanding of the trend in price targets of Titagarh Wagons shares.

In addition, after analysing the company’s stock, we will share the results with you, so that you will have an ideas about this stock.

The company has good growth potential, and it is a great investment option for the long term. This article will discuss Titagarh Wagons Share Price Target 2023, 2024,2025, 2030.

Before dive into Titagarh Wagons stock price targets let’s look at the Titagarh Wagons company background, the technical basics, fundamental analysis, shareholders, future potential etc.

It will help you in making a final decision about your next investment. However, first, let’s examine company history and its complete business structure.

Titagarh Wagons Company Overview

Titagarh Rail Systems Ltd company was established by Mr. Jagdish Prasad Chowdhary on 3rd July 1997 as a manufacturer of railway carriages.

The company is mainly engaged in the railway, defense, shipbuilding and mining sectors and the company’s headquarters is at Kolkata West located in Bengal.

Speaking of quality management, the company is certified with ISO 9001: 2000 certification and BS EN ISO 9001: 2000 certification, talking about the company’s main products, works on freight cars, warships, mining equipment, rolling stock and locomotives.

Titagarh wagons pvt ltd company is engaged in manufacturing freight wagons, metro trains, passenger wagons, train electronics, steel castings for railways, ships, warships and bridges.

The company’s business spans all over the country and abroad. The company derives 76% of its total revenue from India and 24% from Italy.

The company has four manufacturing plants in India to manufacture its products. Titagarh Bridges and International Pvt Ltd is its subsidiary.

If we talk about the financial situation of the company, there has not been any significant growth in the company’s sales in the last five years, but this year the company has a good order book and has experienced a 16% growth in sales. 

If we talk about the debt of the company, currently the company has a debt of Rs ₹ 353 crore while the company also has a cash reserve of Rs 860 crore.

titagarh wagons share price Target 2023

The company has a market capitalization of ₹ 9,961 Cr. so the company has a free cash flow of Rs 34.38 crore, developer stake in titagarh wagons of the company is 44.97%.

Company sales growth If it is 43.77%, then the profit growth is recorded as 57.94%.

The company has an enterprise value of Rs 7,645.98 crore, the total number of shares in the company is Rs 12.72 crore, the P/E of the Titagarh wagons share is 73.15, the P /B is 6.05, face value ₹2 and book value ₹98.31.

The ROE of the company is 8.69% while the ROCE of the company is 15.92%, so far the company has provided a dividend yield of 0.08% to investors.

The company will fundamentally be seen as a very strong company, the promoter holding company has a history of sending questions which will be considered fair, but the company also increases in this, if it reduces the debt.

In the coming days, Titagarh wagons share price, 2023 target, may rise to Rs 1100 and second target to Rs 1360.

titagarh wagons share price Target 2024

If we take information about the net sales of the company for the last 5 years, in March 2018 Titagarh Wagon Share Company had recorded net sales of Rs 313.96 crore.

Then in March 2019 Rs 1,060.41 crore, in March 2020 Rs 1,484.21 crore, in March 2021 Rs 1,025.79 crore And then in March 2022 it generated net sales of Rs 1,474.79 crore.

Taking information about the net profit of the company for the last 5 years, in March 2018, the company recorded a net profit of Rs 2.92 crore.

After that, in March 2019, the company -55.30 crore rupees, in March 2020 – 79.92 crores, in March 2021 50.28 crores and so on. After 2022, Titagarh Wagons Share Company recorded a net profit of Rs 79.41 crore.

If we take information about the net sales and net profit of the company for the last 5 years, then the current condition of the company is very good, if we leave the time of the Corona period, then the company is showing great growth.

Then, in the future, those prospects are also made for the company. So in Titagarh wagons stock price target 2024, your first target can reach ₹1800 and the second target can reach ₹2200.

titagarh wagons share price Target 2025

Taking information about the type of return granted to its investors, the company has obtained a CAGR return of 52% in the last 5 years and a CAGR return of 142% in the last 3 years and in the last year.

The company has achieved a CAGR of 363%, which means that the company has become a company that has received significant extraordinary returns for investors from the short to the long term and in the future also the companies will obtain returns similar to the receive these investments.

It is titagarh wagons share price target by 2025, the first target can go up to ₹2600 and the second target can go up to ₹2900.

Titagarh Wagons Share Price Target for 2026

There are many such projects of Titagarh Wagons which are currently under construction.

If these projects of the company are completed on time, then there can be strong growth in the business of the company. Some of the main projects of the company are detailed below:

Supply of 24 Metro Train Sets for Surat Metro Rail Project: TRS has been awarded a contract worth Rs 857 crore for the supply of 24 metro train sets (72 carriages) for Surat Metro Rail project. The trains will be manufactured at the TRS plant in Kolkata and are scheduled for delivery in December 2024.

Manufacture of 80 Vande Bharat trains: TRS has partnered with Bharat Heavy Electricals Limited (BHEL) to manufacture 80 Vande Bharat trains for Indian Railways. The trains will be manufactured at the TRS plant in Singur, West Bengal with delivery scheduled for 2029.

Setting up a wheel manufacturing plant: TRS has partnered with Ramkrishna Forgings to establish a wheel manufacturing plant in West Bengal. The plant will have the capacity to manufacture 200,000 wheels per year and is scheduled to come online in 2025. The wheels will be supplied to Indian Railways and other railway companies in India and abroad.

Considering all these reasons, if we talk about Titagarh Wagons share price target for 2026, then the first share price target of this company may be Rs 3100 and the second share price target may be Rs 3400.

titagarh wagons share price Target 2030

Studying the shareholding pattern of the company, the participation of the promoter is 44.97%, the public participation of 33.32%, the participation of FII of 12.6%, the participation of DII of 9.11%.

The promoters of the company Stake is recorded at 44% which means if the company grows in future then Titagarh wagons share price Target 2030 its first target can reach Rs 5200 and the second target can reach at 5800 rupees.

Titagarh Wagons Share Price Target Table

YearsTargets (₹)
20231st Target- Rs.1100
2nd Target- Rs.1360
20241st Target- Rs.1800
2nd Target- Rs.2200
20251st Target- Rs.2600
2nd Target- Rs.2900
20261st Target- Rs.3100
2nd Target- Rs.3400
20301st Target- Rs.5200
2nd Target- Rs.5800

Future of Titagarh Wagons Share

Titagarh Wagons Limited (TWL) is an Indian manufacturer of rail and metro wagons.

The Indian economy is growing rapidly, the reason behind this is the expansion of the railways and in the coming times, the Government of India wants to expand the railways more and more, because only this can achieve further growth in the Indian economy.

If we talk about the budget of the year, after the defense sector, the Indian government spends the most money in the railway sector, the reason behind it is that the Indian government wants to develop and expand the railways.

The corporation boasts an impressive track record of expansion and profitability, strategically well-positioned to capitalize on the increasing need for rail transportation in India.

Here are some factors that may contribute to a positive future for Titagarh Wagons share price –

Growing demand for rail transport: India has one of the largest rail networks in the world, and the government is investing heavily in expanding and modernizing the network. This is expected to increase the demand for rail wagons and Titagarh Wagons is well positioned to take advantage of this growth.

Strong Order Book: Titagarh Wagons has a strong order book, which provides visibility of future revenues and earnings. The company has secured orders worth more than ₹10,000 crore (US$1.3 billion) in the last few years and is expected to keep getting fresh orders in the coming quarters as well.

Capacity Expansion: Titagarh Wagons is currently expanding its manufacturing capacity to meet the growing demand for its products. The company is investing ₹2,000 crore (US$260 million) in new manufacturing facilities, which are expected to be completed by 2024.

Exports: Titagarh Wagons is also expanding its export business. The company has already exported the wagon to countries like Bangladesh, Sri Lanka and Mexico and is targeting new markets in the coming years.

Overall, Titagarh Wagons is a well managed company with a strong growth profile.

The company is well-positioned to benefit from the growing demand for rail transport in India, and its strong order book and capacity expansion plans suggest that this growth will continue in the coming years.

Risks in Titagarh Wagons Share

Titagarh Wagons Limited (TWL) is a leading manufacturer of wagons in India. The company has a strong track record of growth and profitability, but there are some risks to consider before investing in its shares.

There is a risk that the company’s growth could slow down if the Indian economy slows down or demand for wagons falls.

The company’s revenue and profits are highly correlated with the performance of the Indian economy, so a slowdown in economic growth could have a significant impact on TWL’s business.

The second risk revolves around the company encountering rising rivalry from international competitors. In recent years, there has been an increasing trend of foreign companies entering the Indian wagon market.

These companies benefit from economies of scale and access to advanced technology, which can put pressure on TWL’s margins.

Lastly, the company’s shares are relatively expensive, with a PE ratio of 59.7 as of November 21, 2023. This means investors are paying a higher price for each rupee earned. If the company’s earnings growth slows, the share price may decline.

strength of titagarh wagons share

  • The company has achieved a CAGR of 363% in the last year.
  • The company has recorded a profit growth of 50.90% in 3 years.

weakness of titagarh wagons share

  • The company has recorded revenue growth of 11% in the last 3 years.
  • It has registered an ROE of 1.6% in the last 3 years.

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. Though this is just for informational purposes, We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

conclusion

This article is a complete guide to Titagarh Wagons Share Price Target, where you can find out what Titagarh Wagons is, its businesses, and Titagarh Wagons Share Price Target 2023, 2024, 2025, 2030, 2035, 2040, 2050.

Share price forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. Also, We have talked in detail about Titagarh Wagons’s future prospects and growth potential.

Hopefully, this information will help by having all the share price details of Titagarh Wagons so that you can consider investing in the future. If you have any questions, please contact us in the comment box.

We will be happy to answer any questions you may have. If you like this information, share the article with as many people as possible.

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