Titagarh Rail Systems Ltd · NSE:TITAGARH
Titagarh Rail Systems — Investor Presentation (November 2025)
22 slides from Titagarh Rail Systems's investor presentation, Nov 13, 2025
Slide 1: Stock exchange disclosure letter under Regulation 30
13th November, 2025 BSE Limited (BSE) National Stock Exchange of India Limited (NSE) The Department of Corporate Services The Listing Compliance Department Phiroze Jeejeebhoy Towers Exchange Plaza Bandra-Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 532966 Sym
Slide 2: Strategic Plan and Outlook
GC TITAGARH — 4 RAIL SYSTEMS LIMITED \ \. tegi | mM Ga Sutlook ~ ' . ; . — ~~
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Titagarh Rail Systems Limited (TRSL, the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe f
Slide 4: Business Unit Structure (including Orderbook)
Business Unit Structure (including Orderbook) Titagarh Rail Systems Limited Railway Systems Other Businesses ~14,545 crs & Joint Venture Freight Rail Systems BU Passenger Rail Systems BU On next slide ~3,590 crs ~10,955 crs Vande Bharat Propulsion Metro Coach & Passenger Wagon SBU System SBU Service
Slide 5: Business Unit Structure (including Orderbook)
Business Unit Structure (including Orderbook) Other Businesses & Joint Venture ~27,532 Non- Core Growth Strategic Joint Opportunities Venture ~532 ~27,000 Ramkrishna Titagarh Vande Bharat Service Rail Wheels Limited Shipbuilding and Defence and Bridges JV with BHEL (50%) (Forged Wheel Maritime Syste
Slide 6: BU-Wise and JV-Wise Orderbook
BU- Wise and JV- Wise Orderbook Sr. Contribution to Orderbook Contribution to Business Unit No. (Amount) Orderbook (%) 1 Freight Rail Systems ~3,590 Crores 23.81 2 Passenger Rail Systems ~10,955 Crores 72.67 3 Defence and Bridges BU ~39 Crores 0.25 4 Shipbuilding and Maritime Systems BU ~493 Crores
Slide 7: Freight Rail Systems (FRS)
Freight Rail Systems (FRS) Wagon SBU Foundry SBU • Installed capacity of 12,000 wagons p.a. • Both foundries upgraded with state-of- • Delivered 9,431 wagons in FY25 and the-art no bake foundry with installed approximately 70,000 wagons till date capacity of 50,000 MT p.a. successfully operating on
Slide 8: Tectonic Shift – Target for FY28
Tectonic Shift –Target for FY28 Leveraging on Technology and Growth Opportunities Freight Rolling Stock dominance Attain leadership in Passenger Rolling Stock 50% stake in • From 88.69% and SPV with BHEL • Enhance production of for AMC of VB 93.40% of the metro coaches from 12 trains. * companies Sa
Slide 9: Passenger Rail Systems
Passenger Rail Systems Pune and Bangalore Metro trains manufactured by TRSL were inaugurated by Honourable Prime Minister Shri Narendra Modi.
Slide 10: Metro Coach SBU
Metro Coach SBU Targeted Capacity and production of Metro coaches FY 2025 FY 2026 FY 2027 FY 2028 Target to increase Capacity 12 coaches 100- 120 coaches 200 - 220 coaches 275 - 300 coaches to 500 - 550 coaches by FY30 Fully backed with orders and balance backed by options Option clause available in
Slide 11: Metro Rolling Stock Opportunity
• Currently, 23 cities in the country have operational metro/rapid transit systems with a target to reach 50 cities in the next few Metro Rolling years. Stock • Major ongoing metro projects sanctioned by the Government Opportunity • Mumbai Line 7A & 11 • Chennai Metro Phase 2 • Kolkata Metro East We
Slide 12: Vande Bharat & Passenger Train SBU
Vande Bharat & Passenger Train SBU 51% 49% Complete Mechanical Propulsion Integration including System and Carbody Fabrication, other Coach Assembly (including Interiors) Components Depot Upgradation Automatic Train 1st AC Coach- 1 no. Passenger Friendly: 160 kmph Seating Capacity Protection System
Slide 13: Vande Bharat/Passenger Train SBU
Vande Bharat/ Passenger Train SBU Targeted Capacity and production of VB/Passenger Trains FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 32 coaches 192 coaches 288 coaches 384 coaches 384 coaches 384 cars Fully backed with orders Fully backed with orders Fully backed with orders/ Option Quantity Up
Slide 14: India on Track in High Speed
Passenger Rail System on Track for Expansion & Innovation INDIA ON TRACK IN HIGH SPEEED Multiple high-speed corridors are proposed, including: • Patna–Guwahati (850 km) • Mumbai–Nagpur corridor (742 km), DPR submitted and a projected completion around 2032. • Nagpur–Varanasi (760 km) planned to open
Slide 15: Propulsion, Electrical and Components (PEC) SBU
Propulsion, Electrical and Components (PEC) SBU Propulsion, Electrical and Components Traction Traction Propulsion Components Motors Converters Systems Locomotive traction 25kv Traction Cabinets and motors for 6000 HP EMU/ MEMU loco convertor Cubicles 750 kv traction Traction motors Metro Coaches Ca
Slide 16: Propulsion Facilities
Propulsion Facilities G TITAGARH Ly RAIL SYSTEMS LIMITED
Slide 17: Proposed JV with BHEL for AMC of VB trains
Proposed JV with BHEL for AMC of VB trains - JV will have 50% shareholding by both parties - JV has a contract for 35 year maintenance of 80 VB trains - Two maintenance depots allotted by Railways – Jogeswari (Mumbai) and Shakur Basti ( Delhi ) - AMC revenue to start from Day 1 of train delivery - V
Slide 18: JV - Ramkrishna Titagarh Rail Wheels Limited (RKTR)
JV- Ramkrishna Titagarh Rail Wheels Limited(RKTR) Honourable Minister of Railways Shri Ashwini Vaishnaw at RKTR plant. • Total equity commitment of Titagarh is INR 266 Crores. Production Plan for Forged Wheels Planned Commercial Production FY 2027 FY 2028 FY 2029 FY 30 onwards: Q4 FY26/Q1 FY 27 ~74,
Slide 19: Titagarh Naval Systems Limited
Titagarh Naval Systems Limited • Started Shipbuilding activity in 2016 and successfully delivered more than 35 vessels till date • Commissioned vessels for Indian navy , Indian Coast Guard, NIOT and other marquee customers • New yard capable of building upto 15-18 vessels per year of upto 160 meters
Slide 20: Shipbuilding & Maritime Systems (SMS)
Shipbuilding & Maritime Systems (SMS) ❑ Fast Patrol Vessel ❑ Diving Support Craft ❑ NIOT
Slide 21: Focus on Environment Social & Governance (ESG)
Focus on Environment Social & Governance (ESG) Environment Social Governance • Capacity Installation: Targeted • Under the Health & Hygiene theme • Board oversight with 50% 4 MW capacity to support – Jeevan Nirog, and provides Independent Directors including 1 manufacturing, welding, and rehabilitat
Slide 22: Thank You !!
Thank You !!
Titagarh Rail Systems — Investor Presentation (November 2025) on 6ix