Transrail Lighting Limited — Investor Meet, 09-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Transrail Lighting delivered strong financial results for the quarter and nine-month period, with Q3 revenue up 32% YoY to Rs. 1,796 Cr and 9M revenue up 49% YoY to Rs. 5,017 Cr. Operating PAT surged 36% for Q3 and 62% for 9M, reflecting stable margins and cost discipline. The effective order book, including L1 positions, stands robust at Rs. 18,216 Cr, with 90% from the T&D segment. Management projects 26-27% revenue growth for FY26, aiming for 20-25% in coming years, driven by a strong T&D sector outlook and disciplined bidding. Capacity expansion CAPEX is progressing, with brownfield production commenced and a new greenfield facility soon. The company remains focused on operational efficiency, cash flow, and high-quality project execution, signaling a confident outlook.