Synopsis:
The shares of this heavy electrical company were in the news today as they skyrocketed more than 4 per cent following the company’s announcement of its Q2 result, which highlighted the company’s net profit growth at 65 per cent along with the unexecuted order book at Rs 15,117 crore.
The shares of this company, which is an integrated transmission & distribution, and pole manufacturing company, were in the spotlight today as the company declared its Q2 results along with its robust order book.
With a market cap of Rs 8,732 crore, the shares of Transrail Lighting Ltd soared 4 per cent in today’s trading session and reached a high of Rs 674.95, when compared to its previous day’s closing price of Rs 648.60. The shares are trading at a PE of 21, whereas its median PE is at 27.2.
Q2 FY26 Result highlights
The revenue from operation for the company stood at Rs 1,534.25 crore when compared to Rs 1,068.33 crore in Q2 FY25, growing by about 44 per cent on a YoY basis and on a QoQ basis falling by 6 per cent from Rs 1,637.06 crore in Q1 FY26.
The PAT grew by about 65 per cent YoY when you compare the Q2 FY26 profit at Rs 91 crore to Rs 55.11 crore in Q2 FY25 and on a QoQ basis has fallen 34 per cent from Rs 105.82 crore in Q1 FY26.
Transrail is a top engineering and construction company that mainly works on power transmission and distribution projects. It provides complete project solutions, managing everything from design and manufacturing to construction and testing for its clients.
In H1 FY26, Transrail delivered a strong performance with order inflow worth Rs 3,740 crore, marking a solid 66 per cent YoY growth. The bulk of these new orders, which is about 92 cent, comes from the Power Transmission and Distribution (T&D) segment, followed by Civil (5 per cent), Railways (3 per cent), and Pole & Lighting (nearly 1 per cent).
Geographically, the company maintained a healthy balance, with 68 per cent of the orders from domestic markets and 32 per cent from international projects, reflecting its growing global reach.
The company’s unexecuted order book had risen to Rs 15,117 crore, up 46 per cent from the previous year. The Power T&D segment continued to dominate, forming 93 per cent of the order book, followed by Civil (4 per cent), Railways (1 per cent), and Pole & Lighting (2 per cent). In terms of geography, 61 per cent of these projects are domestic and 39 per cent international.
Written by Leon Mendonca
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