AI Summary
✦ ClarthaValuation Metrics
Trading 4.7% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -0.47). Confidence: 75%.
Live forward EPS implies next-12-month EPS of ₹35.33. Applying the stock's normalized valuation corridor produces a fair range of ₹3,104.80 to ₹4,167.53, with base value near ₹3,486.01 (+312.6% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹35.33
Forward P/E
23.9x
Base Fair Value
₹3,486.01
Fair Range
₹3,104.80 - ₹4,167.53
Upside To Base
+312.6%
Estimate Source
Live forward EPS
Growth Estimate
-18.8%
5Y Average
75.05
Current
94.08
Overvalued
117.96
Undervalued
87.88
5Y Average
26.86
Current
33.67
Overvalued
36.74
Undervalued
8.01
5Y Average
4.44
Current
4.68
Overvalued
5.11
Undervalued
3.78
Peers & Comparison
Sector: Industrials · Theme: Rail
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
BEML LIMITED BEMLRail | +8.6% | 3.2% | 88.6x Fair | 0% vs avg | -3.8% |
JUPITER WAGONS LIMITED JWLRail | -25.3% | 5.9% | 65.3x Undervalued | -26% vs avg | -21.9% |
RAMKRISHNA FORGINGS LTD RKFORGERail | +19.8% | 2.4% | 129.1x Premium | +46% vs avg | +26.0% |
LMW LIMITED LMWIndustrial Machinery | +24.0% | 5.2% | 105.6x Premium | +19% vs avg | +19.6% |
COCHIN SHIPYARD LIMITED COCHINSHIPShipbuilding | -15.6% | 14.3% | 55.0x Undervalued | -38% vs avg | -9.9% |
TITAGARH RAIL SYSTEMS LTD trades in line with peers (94.1x vs avg 88.7x), reflecting a fair valuation within the Rail cohort. Peers include BEML LIMITED, JUPITER WAGONS LIMITED, RAMKRISHNA FORGINGS LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹823 CrDec 2025Latest net profit
₹62 CrDec 2025Latest EPS
₹4.13Dec 2025Net margin
10.6%Dec 2025Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Dec 2025
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 974 | 911 | 935 | 955 | 1,052 | 903 | 1,049 | 902 | 1,004 | 674 | 788 | 823 |
| Expenses | 879 | 805 | 820 | 844 | 932 | 801 | 914 | 802 | 896 | 597 | 700 | 724 |
| Operating Profit | 89.11 | 99.47 | 108 | 104 | 113 | 94.69 | 127 | 93.72 | 99.28 | 65.39 | 76.49 | 86.83 |
| OPM % | 9.15% | 10.92% | 11.59% | 10.88% | 10.74% | 10.49% | 12.11% | 10.39% | 9.89% | 9.7% | 9.7% | 10.55% |
| Other Income | 8.31 | 9.68 | 6.77 | 14.47 | 14.74 | 12.29 | 10.72 | 22.48 | 29.76 | 11.64 | 14.45 | 10.71 |
| Interest | 22.25 | 19.1 | 20.28 | 18.23 | 15.83 | 12.52 | 17.47 | 21.1 | 22.05 | 17.83 | 18.27 | 17.49 |
| Depreciation | 6.38 | 6.64 | 6.69 | 6.79 | 6.99 | 7.14 | 7.47 | 6.36 | 8.35 | 11.71 | 12.22 | 12.19 |
| Profit before tax | 75.17 | 90.05 | 94.88 | 100 | 112 | 94.46 | 120 | 95.1 | 107 | 59.2 | 72.67 | 80.05 |
| Tax % | 29.48% | 24.96% | 25.28% | 25.05% | 25.52% | 24.51% | 25.02% | 27.51% | 27.04% | 24.22% | 28.65% | 22.22% |
| Net Profit | 53.01 | 67.57 | 70.89 | 75.03 | 83.41 | 71.31 | 90.16 | 68.94 | 78.06 | 44.86 | 51.85 | 62.26 |
| EPS in Rs | 4.43 | 5.65 | 5.60 | 5.83 | 6.55 | 5.30 | 6.32 | 5.12 | 5.80 | 3.17 | 3.51 | 4.13 |
All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.