Guidance ledger · Q3 FY26

Titagarh Rail Systems Ltd TITAGARH

2 revisions on record · 1 lowered · 0 raised — the strikethrough is what management used to say

mixed guidance posture · held across quarters

Holding view → · latest concall · The pulse

↓ lowered Wagon production run-rate target Q4 FY25 → Q3 FY26

~~950-1,000 wagons per month (FY25 target)~~ → around 800 wagons per month interim, 1,000 wagons capacity intact

“till we receive the new tenders to be able to produce around about 800 wagons is what we are targeting per month”

→ narrowed Aluminium metro line completion Q1 FY26 → Q3 FY26

~~in-progress~~ → Q2 FY27

“we should be able to complete it by Q2 of FY '27”

Method. Revisions come from management's own stated numbers, compared quarter over quarter across the covered concalls; each carries the verbatim quote. “No revisions” can also mean guidance too vague to pin down — see the posture chip above. Not investment advice.