TITAGARH RAIL SYSTEMS LIMITED has informed the Exchange about declaration of dividend for the financial year 2025-26
TITAGARH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Titagarh Rail Systems Limited reported standalone profit after tax of Rs. 150.70 crore for FY2025-26, nearly doubled from Rs. 76.97 crore in the previous year (restated). Revenue from operations stood at Rs. 3,143.58 crore. The Board recommended a dividend of Rs. 1 per equity share (50% on face value of Rs. 2), subject to shareholder approval at the AGM. The company also completed its exit from European (Italian) operations by fully providing for its exposure in associate Titagarh Firema S.p.A. totaling Rs. 270.25 crore under exceptional items. Additionally, the Shipbuilding & Maritime Systems business was transferred to wholly-owned subsidiary Titagarh Naval Systems Limited as a going concern for Rs. 114.88 crore.
The dividend represents a 50% payout ratio, signaling confidence in financial stability. The near-doubling of PAT and clean exit from loss-making European operations are positives for shareholders. No impact signals detected as the dividend parameters do not match any specified criteria.