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TIL

Q4 FY25

TIL Q4 FY25 earnings call: Revenue & Margins

Q4 FY25 earnings call: what management guided on revenue, margins and order book.

Price₹243
Market cap₹1.9K Cr
Updated23 Aug 2026
Read4 min read

What the Q4 FY25 call signalled

4 of 5 strong

RevenueGood growth
MarginMargins steady
CapexCapex planned
FundraiseFundraise planned
Order bookOrder book rising

The short version

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.

Revenue & Sales Performance

Good growth
  • 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.

2 more points management made on revenue & sales performance

Profitability & Margins

See what TIL said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • 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.

2 more points management made on capital expenditure plans

Fundraising & Capital Structure

See what TIL said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Order book rising
  • 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.

2 more points management made on order book & pipeline

TIL — Quarterly revenue & net profit

Revenue Net profit Net loss
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025

Reported quarterly figures (₹ Cr). Latest: revenue ₹73 Cr, net loss ₹7 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What TIL's management said in earlier quarters

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Frequently Asked Questions

What were TIL Q4 FY25 results?

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.

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.

Keep TIL on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.