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Earnings Call

Transrail Lighting Earnings Call: Key Takeaways

Transrail achieved record FY26 performance with 30% revenue growth, exceeding raised guidance. Strategy focuses on T&D infrastructure expansion, capacity doubling, and improved working capital efficiency.

Why this was an Alfa AlertRevenue Beat: Guided 25-27%, achieved 30%. This is a 11.1% beat over the upper end of 27% guidance.
Highlights
Revenue growth30% YoY in FY26; 20-22% guided for FY27.
MarginsFY26 EBITDA at 11.92%; FY27 guided prudently at ~11% due to inflation.
Order book₹16,361 crores (including L1), providing over 2 years revenue visibility.
Demand visibilityStrong; entering multi-year transmission investment cycle driven by renewables.
Management confidenceHigh; citing best-ever listed performance and strong execution momentum.

Growth

FY26 Revenue reached ₹6,880 cr (30% YoY); EBITDA ₹820 cr (21% YoY); PAT ₹421 cr (28% YoY).

Outlook

FY27 revenue guidance of 20-22% growth with ~11% EBITDA margins; Phase 1 capex doubling capacity by Q2FY27.

Risks

Geopolitical tensions, supply chain disruptions, commodity price inflation, and potential labor shortages in India's infrastructure boom.

Source

Earnings Call filed with NSE, NSE: TRANSRAILL. Summary written with AI assistance from the document.

Read the document ↗

Transrail Lighting Limited: key numbers

Share price
₹469.25
Market cap
₹6,300 Cr
Revenue (annual)
₹6,880 Cr
Net profit (annual)
₹403.6 Cr
P/E (TTM)
15.6×Sector 53.6×
Promoter holding
71.12%+0.00% QoQ
FII holding
2.49%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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