ALFA Finder| Revenue guidance | 25.0% → 27.0% Raised by 2.0 percentage points |
|---|---|
| Management target | Revenue 27.0% FY26 |
| Revenue growth | 30% YoY growth in FY26. |
|---|---|
| Margins | EBITDA margin at 11.91%; PAT margin at 6.11%. |
| Order book | ₹16,361 Cr (including L1); 61% domestic, 39% international. |
| Demand visibility | Strong; ₹16,361 Cr order book provides multi-year visibility. |
| Management confidence | High; exceeded revised growth guidance. |
Growth
FY26 revenue grew 30% YoY to ₹6,880 Cr; EBITDA rose 21% to ₹820 Cr; PAT increased 28% to ₹421 Cr.
Outlook
Targeting 196,000 TPA tower capacity; ₹16,361 Cr order book including L1; focus on HVDC and Solar EPC.
Risks
New labour code provision of ₹17 Cr impacted Q3 FY26 PAT; high working capital intensity noted.
Last quarter's promises, checked
Delivered
- Guided 25-27% Revenue Growth → delivered 30% (= BEAT)
- Guided 11.5-12.0% EBITDA Margin → delivered 11.92% (= BEAT)
- Guided Net Debt Reduction → delivered 30% YoY reduction (= BEAT)
Partly delivered
- Guided Phase 1 Tower Capacity Expansion → 1,72,000 MTPA reached, full 1,96,000 MTPA delayed to Q2 FY27 (= PARTIAL)
Missed
- Guided ~₹10,000 Cr Order Intake → delivered ₹8,520 Cr (= MISS)
Earnings Call filed with BSE, NSE: TRANSRAILL. Summary written with AI assistance from the document.
Transrail Lighting Ltd: key numbers
- Share price
- ₹453.10
- Market cap
- ₹6,083 Cr
- Revenue (annual)
- ₹6,880 Cr
- Net profit (annual)
- ₹403.6 Cr
- P/E (TTM)
- 14.6×Sector 51.9×
- Promoter holding
- 71.12%+0.00% QoQ
- FII holding
- 1.85%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Transrail Lighting Ltd
All →Transrail Lighting Other Announcement
Transrail Lighting filed CARE Ratings' monitoring report for the quarter ended September 2026. It shows nil deviation from IPO objects, with proceeds fully utilised.
Transrail Lighting Earnings Call Transcript: Key Takeaways
Transrail Lighting delivered record Q2 revenue and EBITDA despite supply chain disruptions, supported by aggressive backward integration and a robust T&D order book.
- Call
- Guides 20% growth
Transrail Lighting Management Change
Transrail Lighting appointed three senior management personnel and recorded two departures, effective 3 November 2026. Changes cover civil, poles and lighting, and supply chain roles.
Transrail Lighting Investor Presentation: Key Takeaways
Q2 FY27 revenue Rs.2,056 Cr (+32% YoY, record), EBITDA Rs.238 Cr (11.6% margin), PAT Rs.104 Cr (+12%). Entering 990 MW renewable generation via 49% SPV stake.
Transrail Lighting Results Update
Transrail Lighting posted Q2 FY27 revenue of Rs. 2,056 crore, up 32% year-on-year. H1 FY27 operating cash flow reached Rs. 435 crore.
Transrail Lighting Q2 FY27 Results: Net Profit ₹103.9 Cr, Up 12.4% YoY
Transrail Lighting Ltd reported revenue from operations of ₹2,056 Cr (+31.7% YoY) and net profit of ₹103.9 Cr (+12.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹103.9 Cr · +12.4% YoY