Titagarh Rail Systems Limited

 Titagarh Rail Systems Limited

  • Successfully completed the fund raise through QIP for Rs 700 crores
  • TRSL is the largest private sector manufacturer of railway wagons and an established player in passenger coaches.
  • The Company’s state-ofthe-art manufacturing plant in Titagarh, West Bengal and Bharatpur, Rajasthan successfully rolled out 1021 wagons, marking a historic achievement for the Company cementing TRSL’s position as a leader in the field of railway wagon manufacturing.
  • Total unexecuted wagon orders stood at 19,259 wagons with a good mix of Indian railway and private wagons
  • 8,400 Wagons per year Manufacturing Capacity
  • Market leader with 25-30% market share in India (total tenders from FY20 to FY23 for wagon manufacturing)
  • the Company's order book is valued at Rs. 27,466 crores and exhibits good diversification among both the business segments – Freight Rolling Stock and Passenger Rolling Stock. 
  • The Company has formed a strategic partnership with ABB India Limited to supply propulsion systems for metro rolling stock projects in India. This agreement will enable development of in-house capabilities for our own TCMS, including driverless (Grade of Automation 4) TCMS, including setup of a TCMS Laboratory and the development of the source codes, which is often referred to as the ‘brain of the train’.

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