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07-Aug-2025

Transrail Lightings

Expect 22-25% of revenue growth for FY26


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Transrail Lightings hosted a conference call on Aug 7, 2025. In the call the company was represented by Randeep Narang - Managing Director & CEO Mr. Deepak Khandelwal - Chief Financial Officer.

Key takeaways of the call

Order inflow in Q1FY26 grew 72%YoY to Rs 1,748 crore, with a major portion of these wins coming from domestic T&D projects.  Of the order inflow about 97% is T&D. Domestic orders made up 79% of the order inflow and international 21%.

The Un-executed order book (UEOB) as of 30th June 2025 stood at Rs 14,654 crore, reflecting a robust 44% growth YoY. Total UEOB including L1 stands at Rs 15,637 crore.

Of the UEOB about 93% is T&D orders. Of the order book about 60% is domestic orders and balance 40% in international orders.   

Opportunity pipeline is robust.  The company has already put in bids for projects worth Rs 8000 crore for which the company is ...



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