Transrail Lighting Ltd

NSE: TRANSRAILL · Heavy Electrical Equipment · sector

₹428.65NSE close 2026-10-26

Key numbers

Market cap₹5,755 cr

Price₹428.65

52w high / low₹758 / ₹401

P/E14.2xSector median 27.8x

P/B2.5xSector median 5.4x

Book value₹169.9

Dividend yield0.19%Sector median 0.19%

ROE19.5%Sector median 18.8%

ROCE26.8%Sector median 21.4%

OPM11.6%Sector median 15.1%

Debt / equity0.29xSector median 0.09x

EV/EBITDA7.0xSector median 21.4x

Interest cover3.5x

Current ratio1.31x

Sales growth 3y–Sector median +22.1%

Profit growth 3y–Sector median +27.5%

PEG2.22x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 43 companies in Heavy Electrical Equipment (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹764 cr vs borrowings ₹659 cr (FY26): cash is higher (net cash).
Operating profit covered interest 3.5x in the last 12 months.
5.97% of the promoters' shares are pledged (4.2% of all shares).
Revenue was higher than a year earlier in 3 of the last 4 quarters.
Other income was 13% of net profit in the last 12 months.
Dividend paid in 1 of the last 2 financial years.
Price ₹428.65 on 2026-10-26: -43.4% from the 52-week high, +7.0% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹793.80 · low ₹410.20

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	1,088	1,340	1,946	1,660	1,561	1,796	1,863	1,736
EBITDA	139	163	236	199	184	210	210	202
OPM %	12.7%	12.1%	12.1%	12.0%	11.8%	11.7%	11.3%	11.7%
Other income	8	26	15	11	14	13	11	17
Net profit	55	93	127	106	91	110	96	108
EPS (₹)	4.40	7.48	9.97	7.88	6.78	8.17	7.19	8.04
Revenue YoY					+43.4%	+34.0%	-4.2%	+4.6%
Profit YoY					+65.1%	+17.7%	-23.8%	+1.9%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY25	FY26	TTM
Revenue	5,308	6,880	6,956
EBITDA	673	802	806
Net profit	327	404	405
EPS (₹)	25.72	30.06	30.18
Revenue growth		+29.6%	+15.3%
Profit growth		+23.6%	+6.4%
Dividend / share (₹)	–	0.80

Compounded growth	3 years	5 years	Last 12 months
Sales	–	–	+15.3%
Net profit	–	–	+6.4%
EPS	–	–	–
Share price	–	– (2y)	-37.5%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	1,881	2,281
Borrowings	643	659
Cash & equivalents	621	764
Total assets	6,233	7,354
Fixed assets	408	582
Capital work in progress	12	65
Investments	0	0
Receivables	1,317	1,738
Inventory	539	763
Payables	2,340	2,782

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	287	643
Cash from investing	-498	-209
Cash from financing	242	-190
Capex	142	249
Free cash flow	145	394

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	17.4%	17.7%
ROCE %	26.2%	26.7%
Debtor days	91	92
Inventory days	77	91
Payable days	332	330
Cash conversion cycle (days)	-164	-147
Working capital days	91	81

Shareholding

Holder	% (2026-09-30)
Promoters	71.12%
FIIs	1.85%
DIIs	5.95%
of which Mutual funds	0.08%
of which Insurance	0.00%
Public (non-institutions)	21.08%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	71.12%	71.12%	71.12%	71.12%	71.12%	71.12%	71.12%	71.12%

Promoter group	%
Ajanma Holdings Private Limited	69.91%
Digambar Chunilal Bagde	0.67%
Sandhya Digambar Bagde	0.50%
Sanjay Kumar Verma	0.04%
Ruchi DigambarBagde	0.00%
Meenakshi Koul	0.00%
Anika Verma	0.00%
Vardhan Verma	0.00%
Vijay Koul	0.00%
Chanderkala Koul	0.00%
Pradeep Kumar Verma	0.00%
Ravi Kaul	0.00%
The FresyssinetPrestressed Concrete Company Limited	0.00%
Burberry Infra Private Limited	0.00%
RMH Ventures Private Limited	0.00%

Public holders above 1%	%
Asiana Fund I	3.37%
Canara Bank	1.50%

1,57,132 shareholders. Pledged: 5.97% of promoter shares.

Peers in Heavy Electrical Equipment

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
BHEL	₹1,37,384 cr	47.7x	5.1x	11.2%	13.5%	10.1%	+13.1%	0.12%
ABB	₹1,34,715 cr	45.1x	14.4x	36.1%	22.4%	14.0%	–	–
CGPOWER	₹1,31,237 cr	104.9x	16.5x	16.5%	21.3%	12.5%	+30.7%	0.16%
POWERINDIA	₹1,19,751 cr	104.0x	23.1x	24.5%	29.9%	14.9%	+22.2%	0.02%
SIEMENS	₹1,16,725 cr	35.6x	8.4x	25.0%	14.2%	10.0%	+41.0%	0.37%
ENRIN	₹98,074 cr	65.9x	20.4x	34.3%	42.0%	20.9%	–	0.14%
GVT&D	₹97,043 cr	74.3x	36.1x	58.5%	65.5%	25.2%	+30.8%	0.13%
SUZLON	₹51,051 cr	16.3x	5.4x	40.4%	29.2%	17.7%	+41.0%	–
THERMAX	₹35,902 cr	60.5x	6.5x	11.3%	12.5%	8.6%	+9.8%	0.44%
TRANSRAILL	₹5,755 cr	14.2x	2.5x	19.5%	26.8%	11.6%	–	0.19%

All 43 companies in Heavy Electrical Equipment →

Dividends & corporate actions

Ex-date	Action	Detail
2026-09-11	Dividend	Dividend - Rs 2 Per Share
2026-08-03	Dividend	Interim Dividend - Rs 3 Per Share
2025-09-04	Dividend	Dividend - Re 0.80 Per Share

Documents

Links go to the original files on the exchange website.

About the company

Manufacturing: Manufacturing of Fabricated metal products except machinery and equipment
Manufacturing: Manufacturing of other non-ferrous metals
Construction: Civil Engineering


Sector	Industrials
Industry	Heavy Electrical Equipment
Sub-industry	Heavy Electrical Equipment
Symbol	TRANSRAILL
BSE code	544317
ISIN	INE454P01035
Face value	₹2.0
Incorporated	2008-02-18
Website	https://transrail.in
Plants (India / abroad)	5 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.