Trishakti Electronics Reports Robust Q2 FY26 Results: Revenue Surges 213% YoY, EBITDA Up 374%

Trishakti Electronics , a leading infrastructure equipment hiring company, has reported stellar financial results for the second quarter of fiscal year 2026, showcasing significant growth across key metrics.

Financial Highlights

Particulars (Rs. Lakhs)	Q2 FY26	Q2 FY25	YoY Growth	Q1 FY26	QoQ Growth
Revenue from Operations	665.07	212.39	213.1%	408.38	62.9%
EBITDA	392.16	82.68	374.3%	270.30	45.1%
EBITDA Margin	58.97%	38.93%	2004 bps	66.19%	-722 bps
Profit After Tax (PAT)	160.63	36.73	337.3%	90.93	76.7%
PAT Margin	24.15%	17.29%	686 bps	22.27%	188 bps

Trishakti Electronics has delivered an impressive performance in Q2 FY26, with revenue from operations soaring to Rs. 665.07 lakhs, marking a substantial 213.1% increase year-over-year and a 62.9% rise quarter-on-quarter. The company's EBITDA witnessed a remarkable 374.3% growth compared to the same quarter last year, reaching Rs. 392.16 lakhs.

Operational Performance

The company reported 100% fleet utilization across more than 20 ongoing projects, serving over 100 clients including industry leaders such as Larsen & Toubro, Reliance, Jindal Group, and KEC International. This high utilization rate underscores the strong demand for Trishakti's heavy earth-moving equipment in various sectors including steel, cement, railways, and construction.

Strategic Investments

Trishakti Electronics is currently executing a significant Rs. 400 crore CAPEX investment plan from FY25 to FY27. As of Q2 FY26, the company has already invested Rs. 84 crore, demonstrating its commitment to expanding its fleet and enhancing its operational capabilities.

Management Commentary

Mr. Dhruv Jhanwar, CEO of Trishakti Electronics, commented on the results: "Q2 FY26 marks a strong phase of growth for Trishakti Electronics, as we continue to expand our footprint in the infrastructure equipment hiring space. Our revenue growth is driven by improved fleet utilization, new project deployments, and consistent demand from our diverse client base."

He further added, "While our EBITDA margin saw a temporary impact due to a delay in commencement at one large project site, we expect margins to revert to normal levels in the coming quarters. Our ongoing CAPEX investments are positioning us to capitalize on India's infrastructure boom and drive long-term value creation."

Future Outlook

The management expects to achieve revenue of Rs. 900-1000 million by FY28, with operating margins projected to exceed 60-65%. The company aims to expand its fleet size to 150 machines by FY27 and targets a return on capital employed (ROCE) of 22-25% on new CAPEX investments.

Trishakti Electronics' strong Q2 performance and strategic initiatives position it well to benefit from India's growing infrastructure sector. The company's focus on high-capacity equipment and its expansion into sectors like renewables and large industrial projects are expected to drive sustained growth in the coming years.

Disclaimer: This article is for informational purposes only and should not be considered as investment advice. Investors are advised to conduct their own research and consult with financial advisors before making investment decisions.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.47%	+2.43%	-5.42%	+4.54%	-6.65%	+8,519.88%

Trishakti Electronics has announced a significant development in its business operations, securing a work order from Tata Steel Limited. The company will deploy advanced machinery and skilled manpower for one of Tata Steel's flagship project sites, marking a notable expansion in its service offerings.

Contract Details

The work order, which involves hiring machines with manpower, comes with an initial contract period of 18 months, set to commence on November 3rd, 2025. Trishakti Electronics has made a substantial investment to fulfill this contract, allocating ₹7.85 crores for the acquisition of new, advanced machinery.

Financial Implications

The contract value is expected to exceed ₹2.9 crores, inclusive of taxes. This new order contributes to Trishakti's growing capital expenditure, bringing the total for FY26 to approximately ₹84.5 crores.

Strategic Significance

This contract with Tata Steel Limited is seen as a strategic win for Trishakti Electronics. The company views it as a reinforcement of corporate trust in their execution capabilities, particularly from top-tier clients in the infrastructure and heavy industries segment.

Impact on Future Performance

Trishakti Electronics anticipates that this order may have a positive impact on its financial performance. The company expects the contract to potentially strengthen its revenue visibility and profitability in the upcoming quarters.

Capital Expenditure Overview

To provide a clearer picture of Trishakti's recent investments, here's a breakdown of their capital expenditure:

Particular	Amount (in ₹ crores)
New machinery for Tata Steel contract	7.85
Total capital expenditure for FY26	84.5

This significant investment underscores Trishakti Electronics' commitment to expanding its high-capacity fleet and enhancing its ability to serve major clients in the infrastructure and heavy industries sectors.

The management of Trishakti Electronics views this contract as a positive step towards strengthening its market position and potentially improving its financial performance in the coming quarters.