This Transmission stock, engaged in manufacturing transmission towers, poles, lighting solutions, and providing EPC services for power T&D projects, is in focus after the company announced a Rs. 10,000 Cr order book inflow and 27 percent revenue guidance in FY26.
With a market capitalization of Rs. 8,713.22 crore, the shares of Transrail Lighting Limited were currently trading at Rs. 659.80 per equity share, rising nearly 1.26 percent from its previous day’s close price of Rs. 651.60.
Management Guidance
Transrail Lighting expects stronger growth this year, aiming for a 26-27 percent increase compared to its earlier guidance of 22-25 percent. The company is on track to secure Rs. 9,500-10,000 crore in new orders this year.
The company plans to maintain a steady profit margin of 11.5-12 percent and is seeing consistent growth in Africa and other international markets. Margins have improved both in India and abroad as the company benefits from better cost control and efficient execution.
Additionally, Transrail Lighting also credits its strong cost structure, solid execution skills, and diversified backward integration for helping improve its overall margin profile. The company’s new conductor factory is expected to be ready by June-July next year, which should further support its growth. With a healthy project pipeline and rising demand, Transrail is looking at higher execution in the coming quarters, helping strengthen its performance and order delivery.
Order Book
As of September 2025, Transrail Lighting Limited’s unexecuted order book stands at Rs. 15,117 crore, showing a strong 46 per cent year-on-year growth. Most of the orders come from Power T&D (93 percent), followed by Civil (4 percent), Railways (1 percent), and Pole & Lighting (1 percent).
The order mix is 61 percent domestic and 39 percent international, indicating a balanced presence across markets. Including L1 positions, the total order pipeline reaches Rs. 17,799 crore. This reflects a healthy backlog and strong demand outlook for the company’s core infrastructure and power-related projects.
Global Presence
Transrail Lighting Limited has a strong presence in India with factories in places like Vadodara, Deoli, and Silvassa. It exports to over 50 countries, including Africa, Europe, Asia, and Latin America, with projects in Botswana, Qatar, Zambia, and Poland.
Company Overview
Transrail Lighting Limited started in 2008 as a public company in Mumbai, India. The company works as an EPC provider in power transmission and distribution. It handles design, testing, manufacturing, supply, erection, and commissioning of projects. This covers lattice towers, conductors, monopoles, substations, and civil works.
Transrail Lighting Limited’s products include galvanized steel towers, aluminum conductors, high mast lighting poles, street poles, stadium masts, telecom towers, and signage structures. Services cover full turnkey solutions for transmission lines, railway electrification, and lighting setups.
Recent quarter results
Coming into financial highlights, Transrail Lighting Limited’s revenue has increased from Rs. 1,088 crore in Q2 FY25 to Rs. 1,561 crore in Q2 FY26, which has grown by 43.47 percent. The net profit has also grown by 65.45 percent from Rs. 55 crore in Q2 FY25 to Rs. 91 crore in Q2 FY26. Transrail Lighting Limited’s revenue and net profit have grown at a CAGR of 32.46 percent and 71.35 percent, respectively, over the last three years.
In terms of return ratios, the company’s ROCE and ROE stand at 35.2 percent and 21.6 percent, respectively. Transrail Lighting Limited has an earnings per share (EPS) of Rs. 31, and its debt-to-equity ratio is 0.39x.
Written By – Nikhil Naik
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post Transmission stock with ₹10,000 Cr order book inflow and 27% revenue growth guidance to add to your watchlist appeared first on Trade Brains.