StockWatch
·
Filing
Q3

Transrail Lighting Ltd

TRANSRAILLFY2602 Feb 2026
Revenue+15.1%
Net Profit+20.6%
OPM11.68%

P&L

Quarterly Consolidated

Revenue
+15.1%1.8K
Expenditure
+13.0%1.6K
Net Profit
+20.6%109.74
NPM 6.07%+5.0%EPS ₹8.17+20.5%

vs Q2 FY26

Transrail Lighting Delivers Strong Q3 and 9M FY26 Performance, Sustaining Growth Momentum

02 Feb 2026 · 2 Feb, 7:52 pm

Summary

Transrail Lighting Limited, one of the leading Indian EPC Company having primary focus on Power T&D with integrated manufacturing facilities for lattice structures, conductors and monopoles announced its results today for the quarter and nine month ended December 31, 2025. The company reported a YoY growth in revenue, EBITDA, and Operating PAT for the 9M FY26 period. Order intake grew Y-o-Y to Rs. 5,135 Crore in 9M FY26; Un-executed Order Book including L1 grows to Rs. 18,216 Crore as on December 31, 2025.

Key Highlights

  1. 1

    Revenue grows YoY by 49% for 9M FY26

  2. 2

    EBITDA grows YoY by 40% in 9M FY26

  3. 3

    Operating PAT grows YoY by 62% for 9M FY26

  4. 4

    Order intake grows Y-o-Y to Rs. 5,135 Crore in 9M FY26

  5. 5

    Un-executed Order Book including L1 grows to Rs. 18,216 Crore as on December 31, 2025

  6. 6

    Capex expansion of tower and conductor capacities are going on in full swing

  7. 7

    SAP RISE upgradation from SAP HANA under process

  8. 8

    9MFY26 reflected strong operational momentum resulting in 49% growth

  9. 9

    EBITDA for 9M FY26 rose by 40% to 614 crore

  10. 10

    Operating PAT increased to 3324 crore, registering a YoY growth of 62%

  11. 11

    Unexecuted Order Book (UEOB) stood at 214,733 crore, up 28% YoY

Management Comments

M

Mr. Randeep Narang

MD & CEO

Our performance for the quarter and nine months of FY26 reflects executional excellence through growth in revenue, profitability and quality orderbook. We continued to see healthy order inflows during the period, led by the core Power T&D segment in India and overseas, alongside increasing traction across all verticals. Execution remained a key focus area during the period, with teams fast-tracking priority projects and maintaining strong delivery discipline. Our growth in Revenue and Profitability is a result of overall business processes and efficiencies.

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