Transrail Lighting share price climbs over 6%; Secures new orders worth ₹2,752 Crore

28 February 2025
2 min read
Transrail Lighting share price climbs over 6%; Secures new orders worth ₹2,752 Crore
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Transrail Lighting Ltd. on 27th February, 2025 announced the receipt of new orders aggregating to ₹2,752 crore, mainly from the transmission and distribution segment. This news led to a 6% surge in the share price of the company in early trade today.

Order Details and Growth

  • Transrail Lighting’s year-to-date order inflows have crossed ₹7,400 crore after the recent order wins and this translates into a growth of around 90 percent over the previous year.
  • According to Randeep Narang, Transrail's MD & CEO: "These orders reestablish Transrail as a trusted player in the T&D domain”.
  • Order book continues to inflate, due to competitiveness and backward integration.

Stock Market Performance

  • The share price of Transrail Lighting surged more than 6% on the news in early trades. Shares on the NSE jumped as much as 6% to ₹517.70.
  • Transrail Lighting shares were trading 2.44% up at ₹496.00 on the BSE at around 9:35 AM.
  • Despite a recent uptick, the stock had dropped 3% in a month and over 11% on a year-to-date basis.
  • Transrail Lighting shares debuted at ₹585.15 on the BSE and at ₹590 apiece on the NSE in December 2024, reflecting close to a 36% listing gain to IPO investors.

Company Performance & Future Outlook

Transrail Lighting’s net profit surged by 92% to ₹93.2 crore in the quarter ending December 2024, from ₹48.6 crore in the same quarter of previous fiscal. Revenue from operations rose 62% to ₹1,357.6 crore, while earnings before interest, taxes, amortization and depreciation grew 80%, at ₹179.8 crore. Further, a strong order book, manufacturing capacities, a track record of execution capabilities, and a strong tender pipeline gives the construction engineering company good growth prospects in the coming quarters.

About Transrail Lighting

  • Transrail Lighting is a leading EPC player in the T&D segment, also involved in Civil, Railways, and Poles & Lighting.
  • Having delivered over 200 projects in the power transmission & distribution sector, the company is present in 58 countries around the world.
  • Transrail Lighting has in-house manufacturing facilities for lattice structures, conductors, and monopole, and provide integrated turnkey solutions.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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