Transrail Lighting , a prominent player in the Power Transmission & Distribution (T&D) sector, has announced significant new order wins totaling ₹837.00 crore. This latest development has propelled the company's cumulative order inflows for FY26 to an impressive ₹3,157.00 crore, marking a substantial 57% year-on-year growth.

New Order Details

The ₹837.00 crore order win comprises two key components:

1. A domestic Transmission Line EPC order from a prestigious business conglomerate
2. An international product supply order, showcasing the company's global reach

These new contracts not only bolster Transrail Lighting's order book but also demonstrate the company's strong execution capabilities and expanding customer base.

FY26 Performance Highlights

Management Commentary

Mr. Randeep Narang, MD & CEO of Transrail Lighting, expressed satisfaction with the company's performance, stating, "We are pleased to showcase a strong order intake momentum this year, with cumulative FY26 order inflows now surpassing ₹3,157.00 crore, a 57% increase over last year."

He further emphasized the significance of the new orders, particularly highlighting the domestic T&D order from a large business conglomerate as a testament to Transrail's execution capabilities. Mr. Narang also noted that the international order for engineered products reflects the company's large-scale manufacturing capabilities.

Company Overview

Transrail Lighting is an engineering, procurement, and construction company with a primary focus on the power transmission and distribution business. With four decades of experience, the company has established a global presence across 59 countries on five continents. Transrail offers turnkey solutions encompassing design, engineering, supply, manufacture, construction, and testing services across various business verticals, including:

• Power T&D
• Civil Construction
• Railways
• Pole & Lighting
• Solar EPC

The company boasts a workforce of over 2,200 employees and operates large-scale manufacturing facilities in India for Galvanized Lattice Towers, Overhead Conductors, and Galvanized Monopoles. Additionally, Transrail maintains a well-accredited Tower testing facility.

These recent order wins and the strong growth in FY26 order inflows underscore Transrail Lighting's robust position in the T&D sector and its potential for continued expansion in both domestic and international markets.

Transrail Lighting Limited , a leading engineering, procurement, and construction (EPC) company specializing in power transmission and distribution, has reported robust financial results for the quarter, along with significant new order wins.

Strong Financial Performance

The company delivered impressive quarterly results, with revenue soaring 81% year-on-year to Rs 1,660.00 crores. Profit after tax (PAT) more than doubled, registering a remarkable 105% growth to Rs 106.00 crores. EBITDA margins stood at a healthy 12.03% for the quarter, positioning Transrail Lighting as one of the top performers in the industry.

Order Book and New Wins

Transrail Lighting secured new orders worth Rs 1,748.00 crores in the quarter, representing a 72% increase compared to the previous year's corresponding quarter. This strong order intake has further bolstered the company's unexecuted order book, which now stands at Rs 15,637.00 crores, including L1 status projects.

Adding to its success, the company announced fresh orders totaling Rs 701.00 crore from both Indian and overseas clients, pushing its cumulative order inflow beyond Rs 2,300.00 crore.

Order Book Composition

The company's order book remains heavily focused on its core strength, with approximately 93% in the Transmission & Distribution (T&D) segment. This is evenly split between domestic and international T&D projects. Overall, the total order book composition stands at 60% domestic and 40% international projects.

Credit Rating Upgrade

In a significant development, Crisil has upgraded Transrail Lighting's credit rating to AA- with a stable outlook for long-term facilities, up from A+ previously. The short-term rating has also been elevated to A1+ from A1, reflecting the company's strengthening financial position and market standing.

Capacity Expansion

Transrail Lighting is progressing with its Phase-I CAPEX of Rs 327.00 crores for capacity expansion. The brownfield expansion of its tower factory is nearing completion, while the greenfield project is on track for commissioning by January 2026. This expansion is expected to significantly boost the company's manufacturing capabilities for towers and conductors, supporting both internal EPC projects and product sales.

Management Commentary

Mr. Randeep Narang, MD & CEO of Transrail Lighting, commented on the new order wins, stating, "The new orders we booked across International and India markets emphasize our competitive edge. These orders include T&D orders in the international market as well as domestic orders in Civil and Pole & Lighting verticals. Our execution excellence, customer-centric approach, and strong financials are driving traction across our businesses."

Future Outlook

The management maintains its revenue growth guidance of 22-25% and EBITDA margin guidance of 11.5-12% for the fiscal year. With a strong order book, ongoing capacity expansion, and a focus on high-quality project execution, Transrail Lighting appears well-positioned for sustained growth in the coming quarters.

The company's strategic focus on the T&D sector, both in India and internationally, aligns well with the growing infrastructure needs and increasing energy demands across its target markets.