TIL Q4 FY25 Results & Concall Highlights: Revenue, Margins & Order Book

Published 1 Jun 2026 | Market Cap: ₹1.9K Cr

Expecting strong growth in the coming years driven by rising domestic demand (construction, mining, logistics infrastructure) and expanding international opportunities (exports). The company just turned profitable, breaking even at around INR310-315 crores operating revenue with some PAT gains.

From TIL's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.

Price

₹243

Market Cap

₹1.9K Cr

Revenue Rank

Rank 2

Margin Rank

Rank 3

TIL — Quarterly revenue & net profit

Revenue Net Profit

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Reported quarterly figures (₹ Cr). Latest: revenue ₹73 Cr, net profit ₹-7 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 2

→Expecting strong growth in the coming years driven by rising domestic demand (construction, mining, logistics infrastructure) and expanding international opportunities (exports).
→Targeting INR800 crores to INR1,000 crores in top-line revenue within 3 to 4 years after deploying planned capex of about INR25 crores.
→Volume growth expected with new product launches, including larger cranes (up to 110-130 ton class soon, 300+ tonnage in 4-5 years).
→Defense segment revenue to maintain a roughly 45-50% share with increased activity anticipated from tenders such as 102 rough terrain cranes.
→New products in both defense and non-defense sectors planned, including truck cranes, crawler cranes, and all-terrain cranes starting next financial year.
→Export market re-entry expected from FY 2025 onwards to supplement growth.
→Overall business and growth expansion supported by investments and strategic partnerships within the Gainwell Group.

📈 Profitability & Margins

Rank 3

→The company just turned profitable, breaking even at around INR310-315 crores operating revenue with some PAT gains.
→Management targets reaching INR800 crores to INR1,000 crores top line within 3-4 years, supported by INR24-25 crores capex approved for FY25-26.
→EBITDA margin for FY25 was ~11.73%, expected to sustain; Q4 EBITDA spiked to ~19-20% due to high-margin product deliveries but not considered baseline.
→Growth driven by rising domestic demand (construction, mining, logistics capex) and expanding exports.
→Defense and non-defense revenue split expected to remain around 47%-53% with strong growth in both sectors.
→Outlook includes launching 5-6 new products, capacity expansion (cranes up to 300+ tons), and leveraging group synergies.
→Equity fundraising planned to reduce debt and fund growth, ensuring capacity to meet expanding market opportunities.
→Overall, management is optimistic about sustained strong growth and margin improvement over next 3-5 years.

🏗️ Capital Expenditure Plans

Yes

→For FY 2025-26, a capex of around INR 25 crore has been approved by the Board.
→This capex aims to achieve an optimal revenue level of INR 800-900 crore within 3-4 years.
→Additional equity fundraising (QIP of INR 150 crore and preferential warrants of INR 60 crore by promoters) to help fund capex and reduce debt.
→Further equity raises are expected around FY 27-28 to support growth ambitions and avoid fund scarcity.
→Plans to expand product range in both defense and non-defense sectors, including launching truck cranes by Q3 FY 2025-26 and crawler cranes from the next financial year.
→Focus on improving plant capacity utilization, especially at Kharagpur.
→Strategic investments made in Gainwell Group companies (INR 335 crore), facilitating synergies with TIL’s manufacturing capabilities.

💰 Fundraising & Capital Structure

Yes

→TIL Limited is contemplating new fundraising exercises mainly to lower debt and support working capital and capex needs.
→The company has approved a QIP (Qualified Institutional Placement) of INR 150 crores and promoters have offered preferential equity warrants worth about INR 60 crores.
→Further equity fundraising is expected around the year 2027-28 to support growth ambitions.
→The management has committed to not allow fund scarcity for growth plans and intends to raise more equity if needed, including through rights issues.
→The primary goal of the fundraising is to reduce finance costs (INR 29 crores paid as finance cost in FY) by lowering debt levels.
→There is no specific mention of new debt fundraising; focus is on equity to reduce debt burden.

📋 Order Book & Pipeline

Yes

→The defense segment had an order pipeline of INR 200+ crores in Q3, which reduced to INR 70+ crores in Q4.
→For FY 2025, defense portfolio contributed about 47% to total operating revenue; non-defense was 53%.
→The similar revenue split between defense and non-defense is expected to continue in FY 2026.
→There is an ongoing tender (RFI) for approximately 102 rough terrain cranes (20-ton capacity) expected to be published soon.
→Increased activity from defense customers is anticipated to boost both top line and bottom line in coming years.
→The company sees steady prospects in both domestic and international markets with expanding product range and upgraded product agreements.
→Growth is expected from new product launches planned over the next 3 years.

Key Metrics

Revenue

Rank 2

Margin

Rank 3

Capex

Yes

Fundraise

Yes

Order Book

Yes

Frequently Asked Questions

What were TIL Q4 FY25 results?

What is TIL share price analysis?

TIL currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of N/A with a market cap of ₹1,914 Cr. Investors should review the full earnings analysis for detailed insights.

Is TIL planning capital expenditure?

For FY 2025-26, a capex of around INR 25 crore has been approved by the Board.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.