TIL Limited stock is in focus after it jumped 5 percent, hitting the upper circuit mark following its announcement of the formation of a strategic business Unit named TIL Defence, after which it expects order prospects worth Rs. 2,000 Crore.
With a market capitalisation of Rs. 2,529 Crore, the stock of TIL Ltd opened at Rs. 379.75, which is the 5 percent upper circuit mark. Additionally, the Yearly return for the stock is 48 percent, and the past 5-year return is an impressive 191 percent.
Recent Update
TIL Limited has announced the formation of a dedicated Strategic Business Unit (SBU) named ‘TIL Defence’ to focus exclusively on defence manufacturing. This move aims to consolidate its defence portfolio, deepen engagement with the Indian Army, Navy, and Air Force, and support indigenous production of critical military equipment.
With nearly four decades of defence manufacturing expertise, TIL expects order prospects worth ₹2,000 crore over the next five years. The SBU will leverage approved systems, collaborate with Defence PSUs, and modernise platforms using advanced technologies. This initiative aligns with India’s Atmanirbhar Bharat and Make in India goals.
Established in 1944 and headquartered in Kolkata, TIL Limited is a leading Indian manufacturer of material handling and infrastructure equipment. The company operates advanced manufacturing facilities in Eastern India and serves diverse sectors including construction, mining, ports, railways, power, and defence.
The company has long-standing partnerships with global technology leaders like Manitowoc Company Inc. (USA) and Hyster-Yale Group Inc. The Company has seamlessly integrated itself into Indocrest Defence Services Private Limited (IDSPL), a subsidiary of Gainwell Group.
The company reported a 223 percent YoY increase in revenue from Rs. 31.43 Crore in Q4FY24 to Rs. 101.52 Crore in Q4FY25. On a QoQ basis, the company reported an increase of 28.27 percent in revenue from Rs. 79.14 Crore in the previous quarter.
Their Net profit saw a decrease of 94.21 percent YoY from Rs. 168.59 Crore to Rs. 9.76 Crore for the same period. On a QoQ basis, the company reported a turnaround from a loss of 3.70 Crore to a profit of 9.76 Crore from Q3FY25 to Q4FY25.
Written By Abhishek Das
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