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Indef Manufacturing Ltd vs Titagarh Rail Systems Ltd Stock Comparison

Indef Manufacturing Ltd vs Titagarh Rail Systems Ltd Stock Comparison

Last Updated on: May 04, 2026

Key Highlights

  • The Latest Trading Price of Indef Manufacturing Ltd is ₹ 300.35 as of 04 May 10:50 . The P/E Ratio of Indef Manufacturing Ltd changed from 24.4 on March 2025 to 24.4 on March 2025 . This represents a CAGR of 0.00% over 1 yearsThe P/E Ratio of Titagarh Rail Systems Ltd changed from 24.1 on March 2023 to 38.8 on March 2025 . This represents a CAGR of 17.20% over 3 years The Market Cap of Indef Manufacturing Ltd changed from ₹ 832.16 crore on March 2025 to ₹ 832.16 crore on March 2025 . This represents a CAGR of 0.00% over 1 yearsThe Market Cap of Titagarh Rail Systems Ltd changed from ₹ 531.87 crore on March 2021 to ₹ 10725 crore on March 2025 . This represents a CAGR of 82.36% over 5 years The revenue of Indef Manufacturing Ltd for the Dec '25 is ₹ 55.22 crore as compare to the Sep '25 revenue of ₹ 52.01 crore. This represent the growth of 6.17% The revenue of Titagarh Rail Systems Ltd for the Dec '25 is ₹ 842.84 crore as compare to the Sep '25 revenue of ₹ 813.47 crore. This represent the growth of 3.61% The ebitda of Indef Manufacturing Ltd for the Dec '25 is ₹ 8.29 crore as compare to the Sep '25 ebitda of ₹ 8.98 crore. This represent the decline of -7.68% The ebitda of Titagarh Rail Systems Ltd for the Dec '25 is ₹ 95.38 crore as compare to the Sep '25 ebitda of ₹ 87.95 crore. This represent the growth of 8.45% The net profit of Indef Manufacturing Ltd changed from ₹ 5.73 crore to ₹ 4.82 crore over 7 quarters. This represents a CAGR of -9.41% The net profit of Titagarh Rail Systems Ltd changed from ₹ 67.01 crore to ₹ 48.15 crore over 7 quarters. This represents a CAGR of -17.21% The Dividend Payout of Indef Manufacturing Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Titagarh Rail Systems Ltd changed from 5.78 % on March 2023 to 4.44 % on March 2025 . This represents a CAGR of -8.42% over 3 years .

About Indef Manufacturing Ltd

  • Indef Manufacturing Limited was incorporated in Mumbai, Maharashtra as a public company, pursuant to a certificate of incorporation dated 12th September, 2022, issued by the Registrar of Companies, Mumbai.
  • The Company was incorporated to undertake the businesses of manufacturing of hoists, cranes and other material handling equipment i.e. the business of Hercules Hoists Limited and specifically the Manufacturing Business. The Scheme of Arrangement for Demerger between Hercules Hoists Limited (HHL) and the Company was implemented in August, 2024.
  • Pursuant to the scheme transfer, manufacturing business of the holding Company, i.e.
  • Hercules Hoists Limited was transferred to the Company by way of demerger to segregate the manufacturing business from investment business of Hercules Hoists Limited.

About Titagarh Rail Systems Ltd

  • Titagarh Rail Systems Limited (TRSL) was formerly incorporated as 'Titagarh Wagons Limited' on July 3, 1997, which subsequently changed the name of the Company to 'Titagarh Rail Systems Limited' on May 19, 2023.
  • The Company is mainly engaged in the manufacturing and selling of Freight Wagons, Passenger Coaches, Metro Trains, Heavy Earthmoving and Mining Equipments, Train Electricals, Steel Castings, Specialised Equipments & Bridges, Ships, Bailey Bridges, EMU, etc. The above said products and services are structured along five broad business lines, Wagon Manufacture, Heavy Earth Moving & Mining Equipment, Foundry Division, Rail Coach Division and Special Projects.
  • The company also entered into production of special purpose wagons to suit the varying needs of customers, such as the Merry-Go-Round (MGR) wagons and Special Wagons for Defence etc.

FAQs for the comparison of Indef Manufacturing Ltd and Titagarh Rail Systems Ltd

Which company has a larger market capitalization, Indef Manufacturing Ltd or Titagarh Rail Systems Ltd?

Market cap of Indef Manufacturing Ltd is 953 Cr while Market cap of Titagarh Rail Systems Ltd is 10,351 Cr

What are the key factors driving the stock performance of Indef Manufacturing Ltd and Titagarh Rail Systems Ltd?

The stock performance of Indef Manufacturing Ltd and Titagarh Rail Systems Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Indef Manufacturing Ltd and Titagarh Rail Systems Ltd?

As of May 4, 2026, the Indef Manufacturing Ltd stock price is INR ₹298.0. On the other hand, Titagarh Rail Systems Ltd stock price is INR ₹768.6.

How do dividend payouts of Indef Manufacturing Ltd and Titagarh Rail Systems Ltd compare?

To compare the dividend payouts of Indef Manufacturing Ltd and Titagarh Rail Systems Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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