TIL Ltd. (TIL) AI Stock Analysis

TIL Ltd.

(NSE:TIL)

Select Model

Rating:37Underperform

Price Target:INR 191.00▼(-6.60% Downside)

Action:downgraded

Date:10/31/26

The overall score is at the minimum, reflecting severe fundamental distress. The primary driver is the company's inability to generate cash and profits, compounded by a high debt load. This is reinforced by a bearish technical trend, with the stock price below all key moving averages and weak momentum. The negative P/E ratio further confirms the lack of earnings power.

Positive Factors

Infrastructure Equipment ExposureExposure to several infrastructure and industrial end markets gives TIL multiple avenues for equipment demand over the medium term. Construction, ports, mining and logistics applications can support a broader commercial base than reliance on a single customer segment or use case.

Negative Factors

High Financial LeveragePersistent high leverage leaves TIL more sensitive to downturns, funding conditions and interest obligations. The earlier negative-equity period also shows that capitalization has been stressed before, limiting financial flexibility and making a durable recovery more dependent on improved earnings and balance-sheet repair.

TIL Ltd. (TIL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 14.21B
Dividend Yield: ―
Average Volume (3M): 12.01K
Price to Earnings (P/E): -45.9
Beta (1Y): 1.90
Revenue Growth: 21.29%
EPS Growth: -1171.67%
Country: India
Employees: 355
Sector: General
Sector Strength: 55
Industry: Industrial - Machinery

TIL Ltd. Business Overview & Revenue Model

Company Description

Established in 1944 and headquartered in Kolkata, India, TIL Limited, alongside its subsidiary TIL Overseas PTE Limited, delivers extensive material handling solutions both domestically and across global markets. The company specializes in manufactur...

How the Company Makes Money

TIL primarily makes money by selling material-handling and lifting equipment to customers in sectors such as construction, infrastructure, ports, and industrial logistics. A second revenue stream comes from aftermarket activities tied to the installe...

TIL Ltd. Financial Statement Overview

Summary

Financial health is critically weak. The Income Statement shows a net loss and declining margins, the Balance Sheet is burdened by a high 3.44 debt-to-equity ratio, and Cash Flow is deeply negative for the fourth time in five years, indicating an inability to self-fund operations.

Income Statement

30Negative

Balance Sheet

25Negative

Cash Flow

20Very Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	3.77B	3.23B	3.15B	669.10M	438.30M	662.40M
Gross Profit	802.50M	572.00M	628.00M	-227.70M	116.80M	325.60M
EBITDA	189.20M	44.40M	402.00M	2.30B	-495.90M	-3.71B
Net Income	-307.00M	-307.70M	28.60M	2.54B	-910.20M	-4.31B
Balance Sheet
Total Assets	0	6.87B	5.22B	4.14B	3.50B	3.80B
Cash, Cash Equivalents and Short-Term Investments	144.80M	212.20M	70.80M	90.40M	48.10M	19.50M
Total Debt	0	3.82B	2.84B	1.72B	4.11B	4.08B
Total Liabilities	-1.11B	5.76B	4.40B	3.82B	6.43B	5.81B
Stockholders Equity	1.11B	1.11B	823.60M	315.90M	-2.92B	-2.01B
Cash Flow
Free Cash Flow	-227.80M	-946.90M	-1.38B	-838.90M	56.00M	-266.30M
Operating Cash Flow	-214.00M	-891.50M	-1.32B	-832.90M	56.00M	-266.30M
Investing Cash Flow	-38.00M	-182.70M	-64.20M	295.50M	85.10M	772.60M
Financing Cash Flow	251.90M	1.12B	1.32B	587.30M	-138.50M	-500.00M

TIL Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price204.50

Price Trends

50DMA237.26Negative

100DMA228.14Negative

200DMA218.70Negative

Market Momentum

MACD-10.89Positive

RSI34.35Neutral

STOCH32.77Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TIL, the sentiment is Negative. The current price of 204.50 is below the 20-day moving average (MA) of 223.75, below the 50-day MA of 237.26, and below the 200-day MA of 218.70, indicating a bearish trend. The MACD of -10.89 indicates Positive momentum. The RSI at 34.35 is Neutral, neither overbought nor oversold. The STOCH value of 32.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TIL.

TIL Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:TIL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:ESCORTS	69Neutral	INR 283.48B	20.50	―	1.98%	17.98%	-41.45%
IN:MAHEPC	60Neutral	INR 2.66B	23.59	―	―	13.26%	-18.89%
IN:VSTTILLERS	59Neutral	INR 33.31B	30.55	―	0.65%	17.02%	-5.12%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:INDOFARM	54Neutral	INR 5.55B	22.26	―	―	11.14%	-8.73%
IN:JISLJALEQS	46Neutral	INR 20.77B	-39.54	―	―	8.81%	-248.88%
IN:TIL	37Underperform	INR 18.85B	-45.90	―	―	21.29%	-1171.67%

* General Sector Average

Performance Comparison

IN:TIL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:TIL	TIL Ltd.	204.50	-90.97	-30.79%
IN:ESCORTS	Escorts Kubota Limited	2577.10	-1207.04	-31.90%
IN:JISLJALEQS	Jain Irrigation Systems Limited	28.55	-22.56	-44.14%
IN:MAHEPC	Mahindra EPC Irrigation Limited	95.07	-48.08	-33.59%
IN:VSTTILLERS	VST Tillers Tractors Limited	3850.10	-2203.53	-36.40%
IN:INDOFARM	Indo Farm Equipment Ltd.	115.55	-117.00	-50.31%

TIL Ltd. Corporate Events

TIL Limited Clears Q1 FY2026 Results and Shifts Registrar for Share Services

Aug 13, 2026

TIL Limited’s board has approved the unaudited standalone and consolidated financial results for the quarter ended 30 June 2026, along with a statement on any deviation or variation in the use of proceeds from share warrant conversions, as requ...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 31, 2026

TIL Ltd. AI Stock Analysis