Titagarh Rail Systems Ltd
NSE:TITAGARH
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T
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Titagarh Rail Systems Ltd
NSE:TITAGARH
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IN |
Income Statement
Earnings Waterfall
Titagarh Rail Systems Ltd
Income Statement
Titagarh Rail Systems Ltd
| Mar-2009 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
55
|
0
|
0
|
0
|
131
|
0
|
0
|
0
|
186
|
0
|
0
|
0
|
286
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
725
|
0
|
0
|
0
|
633
|
0
|
0
|
0
|
469
|
0
|
0
|
0
|
647
|
0
|
0
|
0
|
555
|
0
|
0
|
0
|
518
|
0
|
0
|
0
|
|
| Revenue |
6 859
N/A
|
1 708
-75%
|
3 747
+119%
|
6 544
+75%
|
9 748
+49%
|
10 900
+12%
|
12 974
+19%
|
13 978
+8%
|
17 392
+24%
|
17 821
+2%
|
17 379
-2%
|
16 319
-6%
|
12 714
-22%
|
12 241
-4%
|
11 660
-5%
|
12 689
+9%
|
15 593
+23%
|
17 616
+13%
|
18 685
+6%
|
19 458
+4%
|
17 663
-9%
|
15 010
-15%
|
15 078
+0%
|
15 030
0%
|
15 206
+1%
|
18 095
+19%
|
17 286
-4%
|
16 587
-4%
|
14 675
-12%
|
11 711
-20%
|
14 361
+23%
|
18 230
+27%
|
27 796
+52%
|
32 585
+17%
|
35 868
+10%
|
37 751
+5%
|
38 533
+2%
|
38 456
0%
|
39 671
+3%
|
39 146
-1%
|
38 678
-1%
|
36 440
-6%
|
33 861
-7%
|
33 160
-2%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(5 514)
|
(1 171)
|
(2 488)
|
(4 397)
|
(6 374)
|
(6 980)
|
(8 650)
|
(9 461)
|
(12 187)
|
(12 100)
|
(11 456)
|
(10 340)
|
(8 594)
|
(7 482)
|
(6 961)
|
(7 389)
|
(9 358)
|
(11 235)
|
(12 054)
|
(12 893)
|
(13 453)
|
(9 408)
|
(9 602)
|
(9 673)
|
(10 926)
|
(11 895)
|
(11 465)
|
(11 236)
|
(11 529)
|
(9 674)
|
(11 998)
|
(15 349)
|
(23 317)
|
(25 389)
|
(27 873)
|
(29 280)
|
(31 978)
|
(29 728)
|
(30 502)
|
(29 905)
|
(31 784)
|
(27 141)
|
(25 052)
|
(24 255)
|
|
| Gross Profit |
1 344
N/A
|
537
-60%
|
1 259
+134%
|
2 146
+70%
|
3 374
+57%
|
3 920
+16%
|
4 324
+10%
|
4 516
+4%
|
5 204
+15%
|
5 721
+10%
|
5 923
+4%
|
5 979
+1%
|
4 120
-31%
|
4 760
+16%
|
4 699
-1%
|
5 300
+13%
|
6 235
+18%
|
6 380
+2%
|
6 631
+4%
|
6 565
-1%
|
4 210
-36%
|
5 602
+33%
|
5 476
-2%
|
5 358
-2%
|
4 281
-20%
|
6 200
+45%
|
5 822
-6%
|
5 351
-8%
|
3 146
-41%
|
2 037
-35%
|
2 363
+16%
|
2 881
+22%
|
4 479
+55%
|
7 196
+61%
|
7 995
+11%
|
8 471
+6%
|
6 555
-23%
|
8 728
+33%
|
9 169
+5%
|
9 241
+1%
|
6 893
-25%
|
9 299
+35%
|
8 809
-5%
|
8 905
+1%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(465)
|
(511)
|
(1 335)
|
(2 321)
|
(3 499)
|
(4 077)
|
(4 176)
|
(4 133)
|
(4 638)
|
(5 089)
|
(5 491)
|
(6 064)
|
(5 375)
|
(6 399)
|
(6 202)
|
(6 240)
|
(5 642)
|
(5 641)
|
(5 672)
|
(5 556)
|
(3 273)
|
(4 950)
|
(4 798)
|
(4 761)
|
(3 754)
|
(5 263)
|
(4 795)
|
(4 138)
|
(1 647)
|
(441)
|
(615)
|
(841)
|
(2 069)
|
(4 140)
|
(4 352)
|
(4 462)
|
(2 307)
|
(4 527)
|
(4 835)
|
(5 008)
|
(2 846)
|
(5 580)
|
(5 595)
|
(5 833)
|
|
| Selling, General & Administrative |
(436)
|
(265)
|
(768)
|
(1 354)
|
(2 669)
|
(2 327)
|
(2 335)
|
(2 354)
|
(3 606)
|
(2 391)
|
(2 400)
|
(2 413)
|
(3 679)
|
(2 248)
|
(2 113)
|
(1 920)
|
(1 761)
|
(1 658)
|
(1 636)
|
(1 618)
|
(2 710)
|
(1 519)
|
(1 641)
|
(1 815)
|
(3 146)
|
(2 359)
|
(1 982)
|
(1 524)
|
(1 297)
|
925
|
903
|
884
|
(1 644)
|
(599)
|
(641)
|
(650)
|
(1 845)
|
(678)
|
(703)
|
(770)
|
(2 282)
|
(959)
|
(1 017)
|
(1 105)
|
|
| Research & Development |
0
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
|
| Depreciation & Amortization |
(29)
|
(68)
|
(172)
|
(279)
|
(459)
|
(511)
|
(530)
|
(540)
|
(515)
|
(519)
|
(521)
|
(532)
|
(508)
|
(445)
|
(385)
|
(321)
|
(240)
|
(241)
|
(244)
|
(243)
|
(291)
|
(319)
|
(296)
|
(316)
|
(299)
|
(288)
|
(281)
|
(247)
|
(184)
|
(142)
|
(157)
|
(161)
|
(225)
|
(237)
|
(251)
|
(265)
|
(271)
|
(276)
|
(286)
|
(281)
|
(296)
|
(344)
|
(391)
|
(453)
|
|
| Other Operating Expenses |
0
|
(177)
|
(396)
|
(688)
|
(349)
|
(1 239)
|
(1 312)
|
(1 240)
|
(507)
|
(2 179)
|
(2 569)
|
(3 119)
|
(1 165)
|
(3 705)
|
(3 705)
|
(3 999)
|
(3 640)
|
(3 742)
|
(3 792)
|
(3 695)
|
(239)
|
(3 112)
|
(2 860)
|
(2 629)
|
(289)
|
(2 616)
|
(2 532)
|
(2 367)
|
(143)
|
(1 225)
|
(1 361)
|
(1 563)
|
(196)
|
(3 303)
|
(3 460)
|
(3 547)
|
(183)
|
(3 574)
|
(3 846)
|
(3 957)
|
(243)
|
(4 277)
|
(4 187)
|
(4 275)
|
|
| Operating Income |
879
N/A
|
27
-97%
|
(76)
N/A
|
(175)
-130%
|
(125)
+29%
|
(157)
-26%
|
148
N/A
|
383
+159%
|
567
+48%
|
632
+11%
|
433
-32%
|
(85)
N/A
|
(1 254)
-1 379%
|
(1 639)
-31%
|
(1 503)
+8%
|
(940)
+37%
|
593
N/A
|
740
+25%
|
959
+30%
|
1 010
+5%
|
937
-7%
|
652
-30%
|
678
+4%
|
597
-12%
|
527
-12%
|
938
+78%
|
1 027
+9%
|
1 213
+18%
|
1 499
+24%
|
1 595
+6%
|
1 748
+10%
|
2 041
+17%
|
2 410
+18%
|
3 056
+27%
|
3 643
+19%
|
4 009
+10%
|
4 248
+6%
|
4 200
-1%
|
4 334
+3%
|
4 233
-2%
|
4 047
-4%
|
3 720
-8%
|
3 214
-14%
|
3 072
-4%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
65
|
(35)
|
(69)
|
(113)
|
123
|
(199)
|
(228)
|
(274)
|
(5)
|
(343)
|
(397)
|
(407)
|
(450)
|
(451)
|
(508)
|
(566)
|
(652)
|
(758)
|
(775)
|
(838)
|
(689)
|
(878)
|
(889)
|
(860)
|
(584)
|
(819)
|
(751)
|
(726)
|
(427)
|
(374)
|
(454)
|
(592)
|
(682)
|
(970)
|
(962)
|
(840)
|
(331)
|
(738)
|
(747)
|
(842)
|
(60)
|
(1 091)
|
(1 158)
|
(1 133)
|
|
| Non-Reccuring Items |
0
|
0
|
(30)
|
(13)
|
(209)
|
(209)
|
(211)
|
(228)
|
(45)
|
(45)
|
(13)
|
(13)
|
(51)
|
0
|
(86)
|
(86)
|
(78)
|
0
|
(43)
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
(7)
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
37
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
29
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
|
| Total Other Income |
34
|
62
|
138
|
194
|
81
|
440
|
425
|
427
|
(19)
|
248
|
247
|
241
|
47
|
260
|
254
|
220
|
326
|
448
|
480
|
528
|
127
|
228
|
172
|
163
|
(5)
|
319
|
352
|
310
|
(33)
|
166
|
264
|
360
|
171
|
375
|
280
|
314
|
(32)
|
482
|
522
|
602
|
(181)
|
747
|
784
|
667
|
|
| Pre-Tax Income |
971
N/A
|
53
-95%
|
(39)
N/A
|
(107)
-177%
|
(128)
-20%
|
(125)
+3%
|
133
N/A
|
308
+131%
|
497
+61%
|
492
-1%
|
271
-45%
|
(264)
N/A
|
(1 672)
-534%
|
(1 830)
-9%
|
(1 844)
-1%
|
(1 373)
+26%
|
189
N/A
|
429
+127%
|
621
+45%
|
701
+13%
|
375
-46%
|
1
-100%
|
(38)
N/A
|
(100)
-161%
|
(56)
+44%
|
438
N/A
|
628
+44%
|
797
+27%
|
1 068
+34%
|
1 388
+30%
|
1 558
+12%
|
1 808
+16%
|
1 901
+5%
|
2 461
+29%
|
2 961
+20%
|
3 483
+18%
|
3 886
+12%
|
3 944
+2%
|
4 109
+4%
|
3 992
-3%
|
3 817
-4%
|
3 376
-12%
|
2 840
-16%
|
2 607
-8%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(330)
|
(7)
|
(11)
|
(18)
|
(67)
|
(103)
|
(184)
|
(224)
|
(223)
|
(222)
|
(164)
|
(86)
|
199
|
287
|
286
|
148
|
330
|
249
|
230
|
294
|
205
|
265
|
258
|
232
|
(132)
|
(234)
|
(257)
|
(262)
|
(292)
|
(284)
|
(325)
|
(405)
|
(555)
|
(718)
|
(841)
|
(937)
|
(1 001)
|
(1 008)
|
(1 067)
|
(1 078)
|
(1 067)
|
(980)
|
(884)
|
(791)
|
|
| Income from Continuing Operations |
641
|
46
|
(50)
|
(125)
|
(195)
|
(228)
|
(51)
|
84
|
274
|
269
|
107
|
(349)
|
(1 472)
|
(1 543)
|
(1 559)
|
(1 225)
|
519
|
678
|
851
|
994
|
580
|
267
|
219
|
131
|
(188)
|
204
|
371
|
535
|
776
|
1 105
|
1 233
|
1 403
|
1 346
|
1 742
|
2 120
|
2 546
|
2 884
|
2 936
|
3 042
|
2 914
|
2 751
|
2 396
|
1 957
|
1 815
|
|
| Income to Minority Interest |
0
|
(5)
|
11
|
25
|
31
|
43
|
27
|
7
|
(5)
|
(17)
|
(15)
|
(0)
|
36
|
52
|
75
|
54
|
(60)
|
(64)
|
(88)
|
(77)
|
20
|
27
|
43
|
51
|
38
|
24
|
6
|
0
|
4
|
16
|
49
|
49
|
45
|
32
|
0
|
0
|
0
|
0
|
0
|
0
|
15
|
14
|
13
|
12
|
|
| Net Income (Common) |
641
N/A
|
41
-94%
|
(39)
N/A
|
(100)
-158%
|
(165)
-65%
|
(185)
-12%
|
(24)
+87%
|
92
N/A
|
269
+194%
|
252
-6%
|
92
-64%
|
(350)
N/A
|
(1 436)
-311%
|
(1 592)
-11%
|
(1 688)
-6%
|
(1 534)
+9%
|
(285)
+81%
|
(543)
-91%
|
(289)
+47%
|
23
N/A
|
(342)
N/A
|
(135)
+60%
|
(167)
-23%
|
(247)
-48%
|
(150)
+39%
|
227
N/A
|
237
+4%
|
254
+7%
|
(3)
N/A
|
(165)
-5 410%
|
259
N/A
|
570
+120%
|
1 302
+128%
|
1 908
+47%
|
2 132
+12%
|
2 554
+20%
|
2 861
+12%
|
2 914
+2%
|
3 015
+3%
|
2 894
-4%
|
2 764
-5%
|
2 403
-13%
|
1 965
-18%
|
1 818
-8%
|
|
| EPS (Diluted) |
6.97
N/A
|
0.36
-95%
|
-0.34
N/A
|
-1.06
-212%
|
-1.48
-40%
|
-1.6
-8%
|
-0.2
+88%
|
0.79
N/A
|
2.32
+194%
|
2.17
-6%
|
0.8
-63%
|
-3.02
N/A
|
-12.48
-313%
|
-13.74
-10%
|
-14.63
-6%
|
-13.31
+9%
|
-2.45
+82%
|
-4.7
-92%
|
-2.49
+47%
|
0.2
N/A
|
-2.87
N/A
|
-1.17
+59%
|
-1.44
-23%
|
-2.13
-48%
|
-1.28
+40%
|
1.91
N/A
|
1.97
+3%
|
2.06
+5%
|
-0.02
N/A
|
-1.38
-6 800%
|
2.16
N/A
|
4.76
+120%
|
10.85
+128%
|
15.96
+47%
|
16.84
+6%
|
19.86
+18%
|
22.45
+13%
|
21.61
-4%
|
22.37
+4%
|
21.48
-4%
|
20.51
-5%
|
18.17
-11%
|
14.54
-20%
|
13.55
-7%
|
|