Date: August 6, 2026
Consolidated Financial Performance
Quarterly Financial Results (Consolidated):
| Metric | Q1 FY27 (Jun 2026) | Q1 FY26 (Jun 2025) | YoY Change | Q4 FY26 (Mar 2026) |
| Revenue from Operations (₹ crore) | 1,736 | 1,660 | +5% | 1,863 |
| EBITDA (₹ crore) | 203 | 200 | +1% | 207 |
| EBITDA Margin | 11.7% | 12.0% | -30 bps | 11.1% |
| Profit Before Tax (₹ crore) | 144 | 147 | -2% | 144 |
| Tax Expenses (₹ crore) | 36 | 42 | - | 47 |
| Profit After Tax (₹ crore) | 108 | 105 | +3% | 97 |
| Profit After Tax Margin | 6.2% | 6.3% | - | 5.2% |
Performance Overview
Operational Highlights:
- Delivered resilient execution with improved margins despite ongoing geopolitical and supply chain disruptions
- Supported by operational excellence and close monitoring
Capacity Expansion:
- Commissioned the Butibori Tower manufacturing facility in Nagpur
- This strengthened production capacity and execution capabilities
- Resulted in doubling of tower manufacturing capacity
Strategic Acquisition:
- Expanded infrastructure capabilities through acquisition of Gactel Turnkey Projects
- Acquisition strengthens cooling tower EPC capabilities
Global Expansion:
- Entered Australia with monopole supply project
- Expanded global footprint to 6 continents
- Company has footprint in 64 countries across 6 continents
Order Book:
- Secured ₹1,034 crore of fresh orders during the quarter
- Additional approximately ₹400 crore in L1 status
- Un-executed order book of ₹16,035 crore as on June 30, 2026
- Provides long-term revenue growth visibility
Credit Rating:
- Upgraded to IND AA-/Stable by India Ratings
- Reflects strengthened business and financial profile
Awards & Recognition:
- Awarded ET Edge 'Best Organizations to Work 2026'
- Based on parameters including growth rate, training and development, industry reputation, workplace culture and business ethics
Management Commentary
Mr. Randeep Narang, MD & CEO commented:
- Company started FY27 with resilient financial performance amidst dynamic geopolitical and economic environment
- Butibori facility commissioning along with augmentation of other plants resulted in doubled tower manufacturing capacity
- Every investment in manufacturing expansion, execution capabilities, and global market development aims to strengthen position and enhance ability to deliver large-scale complex infrastructure projects
- Recognized as 'Best Organizations to Work 2026' by ET Edge
- Supported by strong orderbook, strengthened capacities, robust financials, and sustained demand across domestic and international markets
- Confident that FY27 will reinforce trajectory of profitable growth and long-term value creation for all stakeholders
Company Background
Transrail is a leading turnkey engineering, procurement and construction (EPC) company with:
- Primary focus on power transmission and distribution business
- 4 decades of experience
- Headquarters in India with global enterprise operations
- Provides turnkey solutions including Designing, Engineering, Supply, Manufacture, Construction, Testing services
- Business verticals include Transmission Lines, Substations, Civil Construction, Railways, Solar, and Pole & Lighting
- Over 2,800 employees
- Large-scale manufacturing facilities in India for Galvanized Lattice Towers, Overhead Conductors, and Galvanized Monopoles
- Well-accredited Tower testing facility