Transrail Lighting Ltd
Transrail Lighting Q3 FY25 earnings call: Revenue & Margins
Q3 FY25 earnings call: what management guided on revenue, margins and order book.
The short version
FY25 expected revenue growth: ~30% over FY24 (INR 4,100 crore in FY24). Transrail Lighting Limited expects around 30% revenue growth for FY25 over FY24 (from INR 4,100 crore to approx INR 5,333 crore).
From Transrail Lighting Ltd's Q3 FY25 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- FY25 expected revenue growth: ~30% over FY24 (INR 4,100 crore in FY24).
- FY25 revenue target: Approximately INR 5,200 crore.
- FY26 expected revenue growth: ~25% over FY25.
- FY26 revenue target: Around INR 5,500 crore (based on 25% growth on FY25).
- Order book as of Dec 2024: INR 15,643 crore with a balanced domestic (49%) and international (51%) mix.
- Execution timeline for order book: 18-24 months for domestic, 24-30 months for international projects.
- Growth drivers include infrastructure sector commitments by the Indian government (INR 11.21 lakh crore budget for infrastructure).
- Diversification into solar EPC with initial orders for 80 MW international projects.
2 more points from Transrail Lighting Ltd's call on revenue
Pro opens every point from 15K+ earnings calls
Profitability & Margins
See what Transrail Lighting Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- INR 327 crore capex approved by the board to be utilized over the next 18 to 24 months.
- INR 90 crore of the capex will come from IPO proceeds.
- Capex breakdown:
- INR 90 crore for brownfield expansion of existing plants for conductors and poles.
- INR 120 crore planned for setting up a new tower manufacturing factory (timeline 12-18 months).
- INR 80 crore allocated for construction tools, plants, and project execution equipment.
- These investments are aligned with order book requirements and future growth.
- Additional expansion in towers and conductors capacity by 25%-30% at existing brownfield sites within six months.
2 more points from Transrail Lighting Ltd's call on capex
Pro opens every point from 15K+ earnings calls
Fundraising & Capital Structure
See what Transrail Lighting Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Total order book including L1 as of December 31, 2024: INR 15,643 crore.
- Domestic order book: 49%; International order book: 51%.
- Order inflow during 9 months ended December 2024: INR 4,715 crore (50% growth YoY).
- L1 orders as of December 2024: INR 4,144 crore.
- Execution timeline: International projects typically 24-30 months; Domestic projects 18-24 months.
- Order book is well-placed to cover 2 to 2.5 years of execution.
2 more points from Transrail Lighting Ltd's call on order book
Pro opens every point from 15K+ earnings calls
Transrail Lighting Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.9K Cr, net profit ₹96 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Transrail Lighting Ltd's management said in earlier quarters
Others in Electrical Equipment this season
- Bharat Heavy Electricals Ltd (Q3 FY25)
7,277 Crore, up from Rs. Key concall takeaways from Bharat Heavy Electricals Ltd's Q3 FY25 earnings call — and how it ranks against sector peers.
- Inox Wind Ltd (Q3 FY25)
. Key concall takeaways from Inox Wind Ltd's Q3 FY25 earnings call — and how it ranks against sector peers.
- Quality Power Electrical Equipments Ltd (Q3 FY25)
The order book stands at approximately INR 450-517 crores with a significant portion (70%-80%) linked to HVDC and FACTS technology, signaling strong future…
- Apar Industries Ltd (Q3 FY25)
market presents significant room to grow, currently less than 1% of $20 billion imported cables. Key concall takeaways from Apar Industries Ltd's Q3 FY25…
Arthneeti Pro · Annual
Transrail Lighting Ltd and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were Transrail Lighting Ltd Q3 FY25 results?
FY25 expected revenue growth: ~30% over FY24 (INR 4,100 crore in FY24). Transrail Lighting Limited expects around 30% revenue growth for FY25 over FY24 (from INR 4,100 crore to approx INR 5,333 crore).
What is Transrail Lighting Ltd share price analysis?
Transrail Lighting Ltd currently shows a neutral. The stock trades at a P/E of 16.1 with a market cap of ₹6,705 Cr. Investors should review the full earnings analysis for detailed insights.
Is Transrail Lighting Ltd planning capital expenditure?
INR 327 crore capex approved by the board to be utilized over the next 18 to 24 months.
Keep Transrail Lighting Ltd 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.