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Trishakti Industries Ltd

Q3 FY26Commercial Services & Supplies

Trishakti Industries Q3 FY26 earnings call: Revenue & Margins

Q3 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹249
Market cap₹375 Cr
P/E34.0
Updated23 Aug 2026
Read4 min read

The short version

The company is very bullish on renewable energy, a rapidly growing segment contributing 45% of current exposure, expected to diversify as new projects in other industries open up. Trishakti Industries is bullish on renewable energy, particularly solar and battery storage sectors, which are driving rapid growth.

From Trishakti Industries Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • The company is very bullish on renewable energy, a rapidly growing segment contributing 45% of current exposure, expected to diversify as new projects in other industries open up.
  • Current asset base is INR 200 crores, with machine allocation in renewables around INR 80-90 crores; long-term plans indicate this could normalize to ~30% exposure on an INR 400-crore asset base.
  • FY26 guidance was INR 20-22 crores revenue; nine months already at INR 18.73 crores, indicating potential to surpass guidance.
  • The company's fleet has quadrupled in recent months, driven by strong demand, especially in solar and battery storage sectors.
  • Order book current value is around INR 50-55 crores, supporting confidence in achieving and surpassing revenue targets in FY27 and FY28.

2 more points management made on revenue & sales performance

Profitability & Margins

See what Trishakti Industries Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Trishakti Industries has done over INR 154 crores of CapEx in the first nine months of FY26, surpassing the initial guidance of INR 100 crores due to extremely high demand.
  • They aim to potentially do another INR 100 crores of CapEx if demand sustains in the coming months, especially before the monsoon season.
  • The company expects CapEx cycles to continue growing at around 18% annually to maintain GST benefits and support fleet expansion.
  • Capital allocation is managed by replacing old machines approximately every 10 years, selling old equipment to fund new purchases, thus enhancing cash flows and margins.

2 more points management made on capital expenditure plans

Top-ranked in Commercial Services & Supplies

Ranked on what management guided this quarter

5x potential
1Bluspring Enter.
Rev 1Mar 1
2Anlon Tech
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 2Mar 1
5
Rev 2Mar 2
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Trishakti Industries Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • As of December 31, 2025, the net order book stood at approximately INR 48 crores.
  • In the subsequent two weeks, additional contracts were secured, increasing the current order book to around INR 55 to INR 56 crores.
  • All machines in the order book are at 100% utilization with execution already started.
  • Contracts are mainly 12 months and above, with some projects anticipated to have multiple phases extending revenue visibility for 2-3 years.
  • The company is confident of surpassing revenue guidance due to a robust and growing order book.

2 more points management made on order book & pipeline

Trishakti Industries Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹9 Cr, net profit ₹3 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Trishakti Industries Ltd Q3 FY26 results?

The company is very bullish on renewable energy, a rapidly growing segment contributing 45% of current exposure, expected to diversify as new projects in other industries open up. Trishakti Industries is bullish on renewable energy, particularly solar and battery storage sectors, which are driving rapid growth.

What is Trishakti Industries Ltd share price analysis?

Trishakti Industries Ltd currently shows a neutral. The stock trades at a P/E of 34.0 with a market cap of ₹375 Cr. Investors should review the full earnings analysis for detailed insights.

Is Trishakti Industries Ltd planning capital expenditure?

Trishakti Industries has done over INR 154 crores of CapEx in the first nine months of FY26, surpassing the initial guidance of INR 100 crores due to extremely high demand.

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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.