Trishakti Electronics has secured a significant order from Reliance Industries Limited, marking a major milestone in its growth trajectory. The company, specializing in infrastructure equipment rental, will deploy heavy lifting equipment for a Reliance renewable energy project.

Contract Details

The contract, valued at over ₹3.70 crores (inclusive of taxes), involves the hiring of hydraulic truck-mounted cranes along with skilled manpower. The initial contract period is set for 12 months, with execution commencing on August 10, 2025.

Capital Expenditure

To fulfill this order, Trishakti Electronics has made a substantial investment in its equipment fleet. The company has undertaken a fresh capital expenditure of ₹13.50 crores to acquire new hydraulic truck-mounted cranes. This strategic move brings Trishakti's total capital expenditure for the fiscal year 2025-26 to ₹39.00 crores, underlining the company's aggressive expansion strategy in the infrastructure equipment rental sector.

Impact on Financial Performance

Trishakti Electronics anticipates that this development will have a positive impact on its revenues and profitability in the upcoming quarters. The significant order from a major player like Reliance Industries, coupled with the substantial capital investment, positions the company for potential growth in its market share and operational capabilities.

Management's Perspective

Dhruv Jhanwar, Executive Director & Chief Executive Officer of Trishakti Electronics, signed off on the regulatory filing, indicating the management's confidence in this strategic move. The company views this contract as a significant milestone in its growth journey, reflecting its commitment to expanding its presence in the infrastructure equipment rental business.

Market Implications

This development showcases Trishakti Electronics' ability to secure high-value contracts from industry leaders, potentially enhancing its reputation in the market. The company's willingness to make substantial investments in advanced equipment also signals its readiness to meet the evolving demands of large-scale projects, particularly in the renewable energy sector.

As the renewable energy sector in India continues to grow, Trishakti Electronics' strategic positioning with this contract and equipment acquisition could pave the way for more opportunities in this burgeoning market.

Investors and market watchers will likely keep a close eye on Trishakti Electronics' performance in the coming quarters to see how this significant order and capital expenditure translate into financial results and market position.

Trishakti Electronics , a leading infrastructure solutions provider, has reported robust financial results for the first quarter, demonstrating strong growth across key metrics.

Financial Highlights

• Revenue soared by 86% to Rs. 408.38 lakhs, up from Rs. 219.52 lakhs in the previous quarter
• EBITDA witnessed a significant jump of 130.9%, reaching Rs. 270.30 lakhs
• Heavy Equipment Hiring segment showed exceptional growth, with revenue skyrocketing to Rs. 3,600.70 lakhs from Rs. 9.42 lakhs year-over-year, marking a 382-fold increase
• The company's rental asset base has surpassed Rs. 5,500 lakhs

Operational Performance

Trishakti Electronics has successfully transformed its business model from a crane rental company to an infrastructure-focused equipment rental solutions provider. The company now caters to diverse sectors including steel, civil infrastructure, and renewable energy.

CEO Dhruv Jhanwar commented on the company's performance, stating, "This quarter marks a pivotal point in Trishakti's transformation. What began as a crane rental business is now rapidly evolving into a focused, infrastructure-led equipment rental solution provider poised to serve India's next decade of build-out."

Strategic Initiatives and Future Outlook

The company has outlined ambitious growth plans:

• Committed to a Rs. 400 crore capex plan by FY28
• Planned investment of Rs. 100 crore for FY26
• Targeting revenue of Rs. 900-1,000 million by FY28
• Aiming to maintain operating margins of 60-65%

Financial Performance Table

Sector-wise Performance

The Heavy Equipment Hiring segment has emerged as a key growth driver for Trishakti Electronics. The segment's revenue surged to Rs. 3,600.70 lakhs in Q1, compared to just Rs. 9.42 lakhs in the same period last year, representing a remarkable 382-fold increase.

Management Commentary

Mr. Dhruv Jhanwar, Chief Executive Officer, further elaborated on the company's strategy: "Our long-term focus remains on building a high-utility, high-yield rental solution catering to India's next wave of industrial and infrastructure growth. We remain deeply grateful to our stakeholders — our customers, partners, team, and shareholders — for their belief in our vision."

Conclusion

Trishakti Electronics' Q1 results reflect a successful strategic shift and strong market positioning. With its focus on infrastructure-led equipment rental solutions and ambitious growth plans, the company appears well-positioned to capitalize on India's ongoing infrastructure development.