The shares of a small-cap integrated transmission and distribution as well as pole manufacturing company, which operates in over 58 countries and provides comprehensive turnkey solutions, surged over 6 percent in today’s trade after securing a new order worth Rs 240 crore.
Price Action
The shares of Transrail Lighting Ltd, with a total market capitalization of Rs 6,561.76 Crores on Monday, reached an intraday high of Rs 494 per share, gaining around 6.8 percent in today’s trade. As of 2:00 pm, the shares retreated slightly and were trading at Rs 478.25 per share, which was 5.4 percent higher than the previous closing price of Rs 462.45.
About the Order
In a press release dated April 1, 2025, the company announced that it had secured a new order worth Rs 240 crore for the construction of a transmission line in the international market. The CEO and Managing Director, Mr. Randeep Narang, stated that this latest order will further solidify the company’s position in the T&D sector. He added that with this new addition, the company’s order inflows for FY25 stand at Rs 9,400 crore, which is more than double that of the previous year.
Previous Order
Previously, in March, the company had secured new orders worth Rs 1,647 crore for major T&D projects in the overseas market involving EPC of Transmission Lines and Substations.
Industry Outlook
The transmission system is important for delivering power from generating stations to consumers. The National Electricity Plan is aiming to add over 1,91,000 ckm of transmission lines and 1,270 GVA of transformation capacity by 2031-32. Additionally, 33 GW of HVDC bi-pole links are planned, with inter-regional transmission capacity set to grow from 119 GW to 168 GW by 2032.
Financials
The company reported an increase of 62 percent YoY in Revenues from Operations from Rs 837.31 Crores in Q3FY24 to Rs 1,357.56 Crores in Q3FY25. Their PAT jumped 92 percent YoY from Rs 48.59 Crores to Rs 93.24 Crores over the same period. On the Operating level, their EBITDA grew 80 percent YoY from Rs 99.9 Crores to Rs 179.8 Crores.
About Transrail Lighting Ltd
Transrail Lighting Limited is a leading Indian engineering, procurement, and construction (EPC) company focused on power Transmission & Distribution (T&D). The company has integrated manufacturing facilities for lattice structures, conductors, and monopoles with modern testing capabilities.
It operates in 58 countries, providing comprehensive turnkey solutions. The company has completed more than 200 projects in power transmission and distribution vertical, along with comprehensive and extensive project execution capabilities in terms of manpower and supply of materials.
Written By Adhvaitha Nayani
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