Trishakti Industries Limited has significantly exceeded its capital expenditure guidance for FY26, deploying approximately ₹190 crore against the guided ₹100 crore target—representing a 90% outperformance. The disclosure was made on March 24, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Capex Performance Analysis

The accelerated capital deployment has brought the company's cumulative fleet investment to approximately ₹240 crore, expanding the fleet size to 138 machines operating at 100% utilization across 20+ active projects. The performance comparison shows remarkable execution:

Strategic Fleet Expansion

The FY26 capex deployment included procurement of advanced crawler cranes, mobile lifting systems, boom lifters, and specialized industrial equipment sourced from globally reputed OEMs including XCMG Group and Sany. This expansion has raised the company's total asset base to over ₹240 crore, representing approximately 60% of its long-term guided capex plan of ₹400 crore through FY28.

Key Performance Metrics

The company's operational metrics demonstrate strong execution capabilities and market positioning:

Management Outlook

Chief Executive Officer Dhruv Jhanwar stated that this marks a defining inflection point for the company, reflecting strong demand and conviction in the opportunity ahead. The management emphasized building one of the most scalable platforms in the infrastructure equipment rental space, with expectations of sharp revenue acceleration, stronger operating leverage, and increasing return on capital as deployments ramp up.

The accelerated capex deployment has been driven by strong project visibility, favorable macroeconomic environment for infrastructure and renewable energy, and the company's ability to swiftly onboard and deploy high-capacity equipment across marquee client projects. The expansion caters to high-growth opportunities in renewable energy, steel, metro rail, and large industrial projects.

The promoter group of Trishakti Industries Limited continues to demonstrate strong confidence in the company through strategic share acquisitions. Following Dhruv Jhanwar's recent purchase of 4,950 equity shares on February 17, 2026, another promoter, Shalini Jhanwar, has also acquired 1,600 equity shares on the same date through open market purchase.

Dhruv Jhanwar's Latest Transaction

Dhruv Jhanwar's recent acquisition of 4,950 equity shares was executed through the Bombay Stock Exchange (BSE) and disclosed under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shalini Jhanwar's Share Acquisition

Shalini Jhanwar, also a promoter of the company, acquired 1,600 equity shares through open market purchase on February 17, 2026. The transaction was executed through BSE and disclosed under the same SEBI regulations.

Updated Shareholding Positions

Following their respective acquisitions, both promoters have strengthened their positions in the company. Dhruv Jhanwar's voting rights percentage has moved to 11.089% while Shalini Jhanwar's shareholding has increased to 4.60%.

Cumulative Promoter Group Activity

Combining recent transactions by both promoters, the group has acquired a total of 22,050 equity shares within a short timeframe, demonstrating coordinated confidence in the company's prospects. Dhruv Jhanwar alone has acquired 16,450 shares between February 12-17, 2026.

Company Capital Structure

Trishakti Industries Limited maintains its equity share capital structure unchanged following these transactions. The company's shares continue to be listed on both BSE (Security Code: 531279) and The Calcutta Stock Exchange Limited (Scrip Code: 10030166).

Both disclosures were made in compliance with SEBI regulations, with the promoters filing necessary documentation with BSE Limited, The Calcutta Stock Exchange Limited, and the company itself on February 17, 2026.