Transrail Lighting reported a strong Q3 and 9M FY26 performance, driven by growth in the Transmission & Distribution (T&D) segment. 9M FY26 revenue increased by 49% YoY, while EBITDA grew by 40%. The company’s un-executed order book, including L1 orders, reached ₹18,216 Crore as of December 31, 2025. Order intake for 9M FY26 stood at ₹5,135 Crore.
Financial Performance Highlights
Transrail Lighting Limited announced its financial results for the quarter and nine months ended December 31, 2025, showcasing significant growth. Key highlights include:
- Revenue from Operations: ₹5,017 Crore in 9M FY26, a 49% increase YoY.
- EBITDA: ₹614 Crore in 9M FY26, up by 40% YoY.
- Operating Profit Before Tax: ₹441 Crore in 9M FY26, reflecting a 52% YoY growth.
- Operating Profit After Tax: ₹324 Crore in 9M FY26, a substantial 62% increase YoY.
Quarterly Performance (Q3 FY26)
The company sustained strong execution in Q3 FY26, with the Transmission & Distribution (T&D) segment driving overall growth.
- Secured fresh orders worth ₹1,395 crore during the quarter.
- Expanded T&D EPC contract in the GCC region.
- EBITDA margins for the quarter reached 12.7%.
Nine Month Performance (9M FY26)
9M FY26 results reflected strong operational momentum, with a 49% growth driven by the T&D segment.
- EBITDA for 9M FY26 rose by 40% to ₹614 crore, and Operating PAT increased to ₹324 crore, a 62% YoY growth.
Order Book and Future Outlook
As of December 31, 2025, the Unexecuted Order Book (UEOB) stood at ₹14,733 crore, a 28% YoY increase. Including L1 positions, the total UEOB reached ₹18,216 crore, indicating strong revenue visibility.
Source: BSE
