Rs 24,000 Crore Project: Metro Rail Engineering Company & BHEL Inaugurate Vande Bharat Sleeper Train Production Line at Uttarpara, Kolkata

The stock gave multibagger returns of 630 per cent in just 3 years and a whopping 2,200 per cent returns in 5 years.

Titagarh Rail Systems Limited (TRSL), in collaboration with Bharat Heavy Electricals Limited (BHEL), today inaugurated the dedicated production line for the Vande Bharat Sleeper Trains at TRSL’s state-of-the-art manufacturing facility in Uttarpara, Kolkata, West Bengal. The production line was inaugurated by senior leaders from TRSL and BHEL, including Mr. Umesh Chowdhary, Vice Chairman & Managing Director, TRSL, and Ms. Bani Varma, Director, BHEL.

The production line has been set up by TRSL, following the award of a contract by Indian Railways to design and manufacture 80 Vande Bharat Sleeper train sets under a consortium between TRSL & BHEL. With a total value of around Rs 24,000 crore including long-term maintenance of 35 years, the project is among the significant initiatives being undertaken under our Hon’ble Prime Minister’s Make in India and Aatmanirbhar Bharat initiatives.

The sleeper variant of Vande Bharat will be India’s first long-distance, semi-high-speed train offering fully indigenous design, superior passenger comfort, and cutting-edge safety features. With a modern coach layout, smart onboard systems, and energy-efficient operations, the train is designed to deliver a transformative experience for intercity travel across India.

With production now underway at the Uttarpara plant, the prototype of Vande Bharat Sleeper trains is expected to roll out in the next calendar year, ushering in a new era of faster, smarter, and proudly Made-in-India rail travel. The Uttarpara facility itself is a cornerstone of this vision. With Industry 4.0 technologies and robotic production lines it represents a significant step forward in India’s rail manufacturing capabilities. As the only site in the country equipped to produce both stainless steel and aluminium coaches under one roof, it currently has an annual capacity of 300 coaches, which is being scaled up to 850 to meet increasing demand.

About the Company

Titagarh Rail Systems Limited stands as a premier comprehensive mobility solutions provider, boasting advanced manufacturing facilities in India and Italy. Their expertise lies in the design and production of a diverse portfolio of world-class rolling stock, encompassing everything from modern semi high-speed trains and urban metros to comfortable passenger coaches and specialized freight wagons, alongside crucial propulsion systems. Driven by innovation and a commitment to excellence, Titagarh Rail Systems actively contributes to India's growth as a manufacturing hub and aims to redefine global transportation standards. The company has a market cap of over Rs 10,000 crore.

According to the Quarterly Results, the net sales increased by 13 per cent to Rs 1,056.95 crore, operating profit increased by 15 per cent to Rs 140.13 crore and net profit increased by 19 per cent to Rs 84.84 crore in Q2FY25 compared to Q2FY24. In its half-yearly results, the net sales increased by 6 per cent to Rs 1,960 crore, operating profit increased by 10 per cent to Rs 254.25 crore and net profit increased by 18 per cent to Rs 156.20 crore in H1FY25 compared to H1FY24.

Order Book: The order book stands at Rs 25,333 crore as of December 31, 2024. Where Rs 12,007 crore order book stands for the company and Rs 13,326 crore order book share from the joint venture. As of December 31, 2024, its order book consists of orders for 13,689 wagons and 1,589 Metro and Vande Bharat coaches.

The stock gave multibagger returns of 630 per cent in just 3 years and a whopping 2,200 per cent returns in 5 years. Investors should keep an eye on this small-cap stock.

Disclaimer: This article is for informational purposes only and not intended as investment advice.