Titagarh Rail Systems Ltd Share Price

Engineering - Heavy - General - Large

NSE: TITAGARH Small Cap ISIN: INE615H01020

As on 22 January 2025 at 15:59 IST

₹1,000.65

-54.70

(-5.18%)

Sell Buy

About Titagarh Rail Systems Ltd

Titagarh Rail Systems Ltd. is a prominent Indian company that manufactures rolling stock and metro trains. Operating within the railway and defence sectors, TRSL has become a critical player in these industries. The company was founded in 1984, initially as a rolling stock foundry unit. The headquarters of TRSL is in Kolkata, West Bengal. This location helps the company manage its operations in domestic and international markets. Over the years, it has grown significantly, diversifying its product range. The company also produces electric equipment such as traction motors and vehicle control systems. Read More...

Over 1 Month

-16.06%

Over 6 Months

-34.97%

Over 1 Year

-2.33%

Over 3 Years

819.69%

Titagarh Rail Systems Ltd Summary

Close ₹ 1,000.65

Open ₹ 1,054

High ₹ 1,054.80

Low ₹ 996.55

Volume 15,04,101

Net Turnover (in ₹) ₹ 1,08,21,47,546.60

52Wk High ₹ 1,896.95

52Wk Low ₹ 780.90

52Wk High / Low

780.90

1,896.95

Titagarh Rail Systems Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 14,212.80

EPS (TTM) 23.38

Book Value (BV) 176.18

Div. Yield 0.08 %

P/E (TTM) 45.10

Price/Book Value 5.99

Delivery % 25.23 %

Face Value 2

Key Ratios

PE Ratio 41.64

PB Ratio 5.55

EV to Sales 3.09

PEG Ratio 0.27

ROA 11.78

ROE 18.61

Debt-Equity 0.16

Net Profit Margin 7.71

Operating Profit Margin 12.91

Titagarh Rail Systems Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	3,893.11	2,822.17	1,485.23	1,545.50	1,800.35
Total Expenses	3,501.93	2,619.35	1,378.24	1,551.07	1,762.79
Profit Before Tax	388.57	190.10	106.99	-5.58	37.46
Profit After Tax	288.43	134.63	77.80	-18.79	57.96
Operating Profit after Depreciation	464.64	283.57	164.26	75.63	125.83

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	805.77	723.54	1,003.56	888.16	863.41
Total Non Current Assets	1,229.60	906.62	1,177.24	1,069.12	1,027.17
Total Current Assets	1,986.81	1,120.51	1,501.67	1,404.58	1,244.54
TOTAL ASSETS	3,216.41	2,027.14	2,678.91	2,473.70	2,271.71
Total Shareholder's Fund	2,218.33	963.55	842.13	840.55	766.61

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	85.79	40.92	54.59	67.69	153.73
Net Cash used in Investing Activities	-536.60	-61	-72.62	-60.19	3.67
Net Cash used in Financing Activities	724.39	66.53	-52.71	43.22	-227.08

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	3,898.97	2,824.51	1,513.57	1,037.16	1,501.35
Total Expenses	3,501.93	2,619.47	1,402.81	977.02	1,438.49
Profit Before Tax	397.05	158.77	62.74	64.49	-98.50
Profit After Tax	296.91	103.37	33.49	50.28	-79.92
Operating Profit after Depreciation	470.50	285.79	168.03	114.92	127.89

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	806.95	723.57	669.98	567.22	577.69
Total Non Current Assets	1,246.12	920.53	844.52	820.17	781.12
Total Current Assets	1,980.17	1,105.90	840.48	597.60	656.20
TOTAL ASSETS	3,226.29	2,026.43	1,684.99	1,417.77	1,437.32
Total Shareholder's Fund	2,228.21	962.92	869.76	871.65	816.36

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	92.78	61.97	34.94	225.70	295.81
Net Cash used in Investing Activities	-531.07	-77.47	-58.62	-38.95	-142.63
Net Cash used in Financing Activities	724.39	49.96	-22.05	-146.92	-145.14

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	1,056.95	903.05	1,052.41	954.68	935.45
Total Expenses	931.97	805.57	936.73	844.32	820.85
Profit Before Tax	110.58	90.16	107.53	99.90	94.59
Profit After Tax	80.69	67.01	78.95	74.82	70.59
Operating Profit after Depreciation	135.70	109.82	130.35	124.92	121.56

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	1,056.95	903.05	1,052.41	954.68	935.45
Total Expenses	927.54	801.22	932.34	844.02	820.36
Profit Before Tax	115.01	94.46	111.99	100.11	94.89
Profit After Tax	85.12	71.31	83.41	75.03	70.89
Operating Profit after Depreciation	140.13	114.12	134.81	125.13	121.86

Titagarh Rail Systems Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 1,034.73

S2 1,014.12

S3 982.23

Pivot 1,066.62

R1 1,087.23

R2 1,119.12

R3 1,139.73

Moving Average

20 SMA 1,092

50 SMA 1,160.15

100 SMA 1,199.43

200 SMA 1,282.53

Titagarh Rail Systems Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Titagarh Rail Systems Ltd

₹0.8/Share

Announcement Date 20 Aug 2024

Record Date 20 Aug 2024

Div Yield 40%

AGM Date: 15 Sep 2022

AGM 15/09/2022 We hereby inform you that the 25th Annual General Meeting (''AGM'') of Titagarh Wagons Limited (''the Company'') will be held through video conferencing/other audio visual means on Thursday, the 15th September, 2022 at 10:30 A.M. (I.S.T.), we wish to inform you that: (i) Register of Members and Share Transfer Books of the Company will remain closed from Friday, 9th September, 2022 to Thursday, 15th September, 2022 (both days inclusive) for the purpose of AGM. (ii) The Cut-off date for reckoning the voting rights of the members for remote e-voting and voting at the AGM is Thursday, 8th September, 2022. (iii) The Company has appointed National Securities Depository Limited (NSDL) for providing e-voting facility. Further, pursuant to Regulation 34 of the LODR, we submit herewith Notice of 25th Annual General Meeting of the Company, along with Annual Report 2021-22. (As Per BSE Announcement Dated on 24.08.2022) The 25th Annual General Meeting (AGM) of Titagarh Wagons Limited (the 'Company') was held on Thursday, the 15th day of September, 2022 at 10:30 A.M through Video Conferencing ('VC')/Other Audio-Visual Means ('OAVM') and the businesses as mentioned in the Notice dated 13th August, 2022 was transacted. Please find enclosed summary of the proceedings of AGM as required under Regulation 30(6) read with Part A of Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Please take the above information on record. (As Per BSE Announcement dated on 16.09.2022) Pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the voting results and Scrutinizer''s Report in respect of the businesses conducted at the 25th Annual General Meeting of Titagarh Wagons Limited ('the Company') held on Thursday, the 15th day of September, 2022 through video conferencing (VC) / other audio visual means (OAVM). All the resolutions have been approved by members with requisite majority. The voting results along with Scrutinizer''s Report can also be accessed on the Company''s website at www.titagarh.in. (As Per BSE Announcement Dated on 17.09.2022)

AGM Date: 29 Sep 2023

AGM 29/09/2023 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we enclose herewith the summary of proceedings of the 26th Annual General Meeting of the Company held today, 29th September, 2023 through Video Conferencing/ Other Audio Visual Means. In furtherance to our letter dated 29th September, 2023 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023, we wish to inform you that at the 26th Annual General Meeting, the members have approved alteration of Articles of Associations of the Company (As Per BSE Announcement dated on 29.09.2023)

AGM Date: 27 Aug 2024

We hereby enclose, copies of the newspaper advertisement published today i.e. 4th August, 2024, regarding the completion of dispatch of notice of the 27th Annual General Meeting Proceedings of the 27th Annual General Meeting of the Company held today i.e. 27th August 2024 through Video Conferencing. (As per BSE Announcement Dated on 27/08/2024) Revised Summary of Proceedings of 27th Annual General Meeting (AGM) of the Company. (As per BSE Announcement Dated on 28/08/2024) Submission of Voting Results and Scrutinizer''s Report of the 27th Annual General Meeting (AGM) of the Company held on August 27, 2024 through video conferencing. (As Per BSE Announcement Dated on 29.08.2024)

EGM Date: 10 May 2022

We write to inform you the following: By an order dated 16th March, 2022, the Hon''ble National Company Law Tribunal, Kolkata Bench ('NCLT') has directed meetings to be held of the equity shareholders, secured creditors and unsecured creditors of the Company. In pursuance of the NCLT Order and as directed therein and in compliance with the applicable provisions of the Companies Act, 2013 ('the Act') and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), further notice is hereby given that meetings of the equity shareholders, secured creditors and unsecured creditors of the Company will be held through video conferencing ('VC') / other audio visual means ('OAVM') in the attached letter. We request you to take the above on record and disseminate the above intimation on your website. Madam/Sir, Further to our letter dated 8th April, 2022 submitted to your office and pursuant to Regulation 30 and 47 of SEBI (LODR) Regulations, 2015, we enclose herewith copies of the newspaper advertisement(s) published in 'Financial Express' (English version) (all India) and 'Aajkaal' (Bengali version) on 10th April, 2022 regarding completion of dispatch the notices of meetings of equity shareholders, secured creditors and unsecured creditors of Titagarh Wagons Limited ('the Company'), scheduled on Tuesday, the 10th day of May, 2022, convened as directed by the Hon'ble National Company Law Tribunal, Kolkata bench, by its Order dated 16th March, 2022 in connection with the Scheme of Amalgamation of Titagarh Bridges and International Private Limited with the Company. We would request you to please take the above on record. We refer to the Company's letter dated 8th April, 2022 earlier submitted to your Exchange regarding the meetings of the equity shareholders, secured creditors and unsecured creditors of Titagarh Wagons Limited ('the Company') scheduled on 10th May, 2022. We write to inform you that the day of the meetings were inadvertently mentioned in the said letter as 'Friday, 10th May, 2022' in place of 'Tuesday, 10th May, 2022'. While we regret the said inadvertent error, we hereby inform that the other content and enclosure submitted with the said letter shall remain unchanged. Please take the above on record. We refer to the meeting(s) of the Equity Shareholders, Secured Creditors and Unsecured Creditors of Titagarh Wagons Limited ('the Company') held on Tuesday, the 10th day of May, 2022 at 12 Noon, 1:00 P.M. and 1:30 P.M. respectively, through video conference/ other audio visual means, in compliance with the directions issued by the Hon''ble National Company Law Tribunal, Kolkata Bench ('NCLT') by its Order dated 16th March, 2022, and enclose herewith the Scrutinizer's Report on e-voting (remote e-voting and e-voting at the meetings) conducted for the said meeting(s). We also submit herewith the voting results in respect of meeting of the Equity Shareholders of the Company held on 10th May, 2022 at 12 Noon in the format prescribed under Regulation 44(3) of SEBI LODR Regulations, 2015. You are requested to take the same on record and disseminate on your website. The voting results along with Scrutinizer''s Reports can also be accessed on the Company''s website at www.titagarh.in. We wish to inform you that the meeting(s) of the Equity Shareholders, Secured Creditors and Unsecured Creditors of Titagarh Wagons Limited ('the Company') were held on Tuesday, the 10th day of May, 2022 at 12 Noon, 1:00 P.M. and 1:30 P.M. respectively, through video conference/ other audio visual means, in compliance with the directions issued by the Hon''ble National Company Law Tribunal, Kolkata Bench ('NCLT') by its Order dated 16th March, 2022. Mr. Soumitra Lahiri, appointed Chairman by the NCLT chaired the meetings, pursuant to the said Order. The Resolution as set out in the Notice dated 7th April, 2022 viz. Scheme of Amalgamation of Titagarh Bridges and International Private Limited ('Transferor Company') with Titagarh Wagons Limited ('Transferee Company') was transacted at the said meetings duly held, and voting took place through remote e-voting as well as through electronic means in accordance with the applicable provisions of the Companies Act, 2013 -------------- (As per BSE Announcement Dated on 12/5/2022) Titagarh Wagons Ltd has informed BSE regarding the details of Voting results of Court Convened Meeting, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. (As Per BSE Announcement Dated on 13.05.2022)

EGM Date: 04 Jul 2023

Further to our letter dated 10th June, 2023 and pursuant to Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations & SEBI Circular no. CIR/CFD/CMD/4/2015 dated 9th September, 2015, we hereby submit the Notice of Extra-Ordinary General Meeting dated 10th June, 2023, of the Company, scheduled to be held on Tuesday, 4th July, 2023 at 11.00 A.M. through Video Conferencing (VC) or Other Audio Visual Means (OAVM) for seeking necessary approval of the members for issuance of up to 76,00,000 Equity Shares of face value Rs. 2/- each, on a preferential basis for cash at a price of Rs. 380/- per Share aggregating upto Rs. 288,80,00,000/- , including premium of Rs. 378/- per Equity Share to SMALLCAP WORLD FUND INC., to be passed through the mode of remote e-voting and e-voting at the EGM through electronic voting system. In continuation of our letter dated June 19, 2023, we are submitting herewith the Second Corrigendum to the Notice of Extra-Ordinary General Meeting ('EGM') scheduled to be held on Tuesday, July 04, 2023 at 11.00 A.M. through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The EGM Notice was amended pursuant to the Corrigendum dated June 17, 2023 issued by the Company on June 19, 2023 ('First Corrigendum'). Copy of the said Second Corrigendum to the EGM Notice is also uploaded on the website of the Company at www.titagarh.in. (As per BSE Announcement Dated on 24/06/2023) In continuation to our letters dated June 19 and June 23, 2023, we are submitting herewith the Third Corrigendum to the Notice of Extra-Ordinary General Meeting (EGM) scheduled to be held on 4th July, 2023 at 11.00 A.M. through VC/AOVM. The EGM Notice was amended pursuant to First Corrigendum and Second Corrigendum. (As Per BSE Announcement Dated on 01.07.2023) Further to our letter dated 1st July, 2023 and in terms of the provisions of Regulation 30 and 47 read with part A of Schedule III of the SEBI (Listing Obligations and Disclosures Requirements) Regulation, 2015, please find enclosed herewith copies of the newspaper advertisements of Third Corrigendum to notice of Extra-Ordinary General Meeting published today, i.e. , 2nd July, 2023 in the following newspapers : 1. Financial Express (English) 2. Dainik Statesman (Bengali). The Advertisement is also available on the website of the company at www.titagarh.in. Kindly take the above information on record. (As Per BSE Announcement Dated on 02.07.2023) Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 we enclose herewith the summary of the proceedings of the Extra-Ordinary General Meeting of the company held today, the 4th of July, 2023 through Video Conferencing / Other Audio Visual Means. Kindly take the same on record (As Per BSE Announcement dated on 04.07.2023) Further to our letter dated July 04, 2023. Please find enclosed herewith: (1) Voting Results as required under Regulation 44 of the SEBI (Listing Obligation Disclosure Requirements) Regulations, 2015 as Annexure-1 . (2) Report of the Scrutinizer dated 5th July, 2023, pursuant of Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014 as Annexure-2. (As per BSE Announcement Dated on 05/07/2023)

EGM Date: 02 Dec 2023

Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby enclose the Notice dated 8th November, 2023, convening Extra-Ordinary General Meeting (EGM) of the shareholders of the Company, to be held on Saturday, 2nd December, 2023 at 11:00AM through Video Conferencing or Other Audio Visual Means(VC/OAVM), seeking approval of the Members, in respect of the Resolution set out in the EGM Notice. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the summary of proceedings of the Extra-Ordinary General Meeting of the Company held today, the 2nd of December, 2023 through video conferencing/ Other Audio Visual Means. Further to our letter dated December 02, 2023. Please find enclosed herewith: (1) Voting Results as required under Regulation 44 of the SEBI (Listing Obligations Disclosure Requirement) Regulations, 2015 as Annexure -1. (2) Report of the Scrutinizer dated 2nd December 2023, pursuant to section 108 of the Companies Act, 2013 and Rule 20 of the Companies( Management and Administration) Rules, 2014 as Annexure-2. (As Per BSE Announcement Dated on 02.12.2023) Outcome of the Qualified Institutions Placement Committee meeting held today i.e. 7th December, 2023 (As Per BSE Announcement Dated on 07/12/2023)

Titagarh Rail Systems Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Titagarh Rail Systems Ltd	₹1,054.55	₹14,202.02
Cummins India Ltd	₹2,902.60	₹80,460.07
Thermax Ltd	₹3,898.90	₹46,457.85
Jyoti CNC Automation Ltd	₹1,256.80	₹28,582.53
Carborundum Universal Ltd	₹1,204.85	₹22,938.60
Jupiter Wagons Ltd	₹484.60	₹20,571.18

Titagarh Rail Systems Ltd News

Titagarh Rail gains as delivers India's first driverless 'Make-in-India' trainset to Bengaluru metro

Titagarh Rail Systems added 2.57% to Rs 1,115 after the company handed over its first driverless, Made-in-India trainset to Bengaluru Metro Rail Corporation's (BMRCL) yellow line, marking a significant milestone in India's urban mobility journey.

07 Jan 2025, 11:33 am

Titagarh delivers its first driverless trainset to Bengaluru Metro Yellow Line

06 Jan 2025, 08:19 pm

Titagarh Rail gains after Q2 PAT rises 20% YoY to Rs 85 cr

Titagarh Rail Systems (TSRL) added 1.04% to Rs 1,157.55 after its standalone net profit jumped 20.07% to Rs 85.12 crore in Q2 FY25 as against to Rs 70.89 crore posted in Q2 FY24.

28 Oct 2024, 11:24 am

Titagarh Rail Systems announces board meeting date

On 26 October 2024

23 Oct 2024, 10:29 am

Titagarh Rail Systems Ltd leads gainers in 'A' group

Dhani Services Ltd, Mphasis Ltd, Bombay Dyeing & Manufacturing Company Ltd and Patel Engineering Ltd are among the other gainers in the BSE's 'A' group today, 17 October 2024.

17 Oct 2024, 12:00 pm

Titagarh Rail Systems Ltd Stock Analysis

Annual revenue for Titagarh Rail Systems Ltd increased by 38.04% to ₹3,898.97 crore in FY 2024 from ₹2,824.51 crore in FY 2023.
Annual Net Profit for Titagarh Rail Systems Ltd increased by 187.24% to ₹296.91 crore in FY 2024 from ₹103.37 crore in FY 2023.
Promoter Shareholding in Titagarh Rail Systems Ltd remains unchanged by 0.00% in the most recent quarter, from 40.46% in September 2024 to 40.46% in December 2024.
Titagarh Rail Systems Ltd delivered a 1-year return of -2.33% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Titagarh Rail Systems Ltd share price moved down by 5.18% from its previous close of INR ₹1,055.35. The latest Titagarh Rail Systems Ltd share price is INR ₹1,000.65.
Titagarh Rail Systems Ltd share price today has been at a low of 996.55 and a high of 1,054.80. Over the past 52 weeks, the Titagarh Rail Systems Ltd share price has seen a low of 780.90 and a high of 1,896.95.

About Titagarh Rail Systems Ltd

Titagarh Rail Systems Ltd. (TRSL) is a prominent Indian company that manufactures rolling stock, passenger coaches, and metro trains. The company also produces electric equipment such as traction motors and vehicle control systems. TRSL has expanded its operations to include shipbuilding and defence equipment. This showcases its diverse engineering capabilities.

Operating within the railway and defence sectors, TRSL has become a critical player in these industries. The company was founded in 1984, initially as a rolling stock foundry unit. Over the years, it has grown significantly, diversifying its product range and expanding its market reach.

The headquarters of TRSL is located in Kolkata, West Bengal. This location helps the company manage its operations in domestic and international markets. It also strengthens its position in the global market.

The promoters of TRSL include Titagarh Capital Management Services Private Limited at 17.87% shares. It also has the Chowdhary family, with Jagadish Prasad Chowdhary serving as the Chairman with 13.52% shares. The company has a team of professional managerial promoters who are

Umesh Chowdhary
Prithish Chowdhary
Anil Kumar Agarwal
Saket Kandoi

TRSL’s main products include various rolling stock, including freight wagons, passenger coaches, metro trains, and electric propulsion equipment. The company also manufactures specialised heavy engineering equipment for the defence sector. These include mobile shelters and metallic canisters.

While TRSL is a significant player in the railway manufacturing sector, it has yet to be the #1 stock in its sector. However, it holds a strong market position and is recognised for its quality products and innovative solutions. The company’s market share and cap reflect its stable and growing presence in the industry.

The registered office of TRSL is in Kolkata, West Bengal, and the registrar's office is in R N Mukherjee Road, Kolkata. Titagarh Rail Systems Limited has made significant strides in the railway and defence sectors. Its diverse product range, strong leadership, and commitment to innovation and quality drive it.

Importance of Titagarh Rail Systems Limited

Titagarh Rail Systems Ltd. (TRSL) plays a crucial role in India’s railway and defence sectors. It contributes significantly to the country’s infrastructure and technological advancements. Established in 1984, the company started as a small rolling stock foundry unit. Now, it is one of the significant freight wagons and defence equipment manufacturers. This growth underscores the company’s importance in multiple sectors.

The railway sector in India is vast and complex, requiring a steady supply of high-quality rolling stock to maintain and expand its operations. TRSL meets this demand by producing a wide range of products, including freight wagons and passenger coaches. These products are essential for efficiently transporting goods and passengers across the country. Its ability to deliver reliable and durable rolling stock ensures that the Indian Railways can operate smoothly. It also focuses on meeting the increasing demands of a growing population.

In addition to traditional rolling stock, TRSL has made significant strides in producing metro trains. Urbanisation in India has led to the rapid expansion of metro networks in major cities. TRSL’s metro trains are designed to meet the specific needs of urban transportation. It provides a safe and environmentally friendly mode of transport. The company’s involvement in metro projects helps reduce traffic congestion and pollution in urban areas. This leads to improving the quality of life for millions of city dwellers.

TRSL’s importance extends beyond the railway sector. The company is also a key player in the defence industry. Manufacturing specialised heavy engineering equipment such as mobile shelters and metallic canisters. These products are vital for the defence sector, providing essential support for military operations. TRSL's skills in engineering and manufacturing guarantee high-quality equipment for the defence sector. This expertise ensures that defence organisations have reliable tools for their operations, enhancing the country’s defence capabilities.

Innovation is at the heart of TRSL’s operations. The company continuously invests in research and development to improve its products. This focus on innovation has led to the development of advanced rolling stock that meets the highest standards of quality and safety. TRSL’s commitment to innovation ensures that it remains competitive in the global market. It also focuses on meeting the evolving needs of its customers.

Sustainability is another crucial aspect of TRSL’s operations. The company is committed to reducing its environmental impact through various initiatives. TRSL has adopted energy-efficient manufacturing processes. It also uses eco-friendly materials in its products. These efforts align with global sustainability goals. They also show the company’s commitment to environmental stewardship. TRSL’s sustainable practices benefit the environment and enhance its reputation as a responsible corporate citizen.

TRSL’s contributions to community development are noteworthy. The company undertakes various corporate social responsibility (CSR) initiatives aimed at improving the quality of life for local communities. These include educational programs, healthcare services, and infrastructure development. TRSL’s efforts in these areas help uplift the socio-economic status of the communities around its operations, demonstrating its commitment to social responsibility.

The company’s governance and management practices have played a crucial role in its success. TRSL is managed by experienced professionals who bring in-depth industry knowledge and expertise. The company’s transparent and ethical business practices have earned it the trust of its stakeholders, including customers, employees, and investors. This trust has been vital to TRSL’s sustained growth and success.