Transrail Lighting Limited · NSE:TRANSRAILL
Transrail Lighting — Q1 FY26 Earnings Presentation
29 slides from Transrail Lighting's earnings presentation, Aug 5, 2025
Slide 1: Stock exchange cover letter for earnings call presentation
5th August, 2025 To To Sr. General Manager Sr. General Manager Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex Mumbai - 400001 Bandra (E), Mumbai - 400 05
Slide 2: Earnings Presentation Q1 FY26
TRANSRAIL LIGHTING LTD EARNINGS PRESENTATION Q1 FY26
Slide 3: Corporate Overview
Corporate Overview Khteri Narela Transmission Line 2
Slide 4: Transforming Infrastructure
Transforming Infrastructure Diversified Business Portfolio Footprint across 4 Decades of Expertise 59 Countries Constructed Supplied T&D Civil Construction Railways Poles & Lighting Solar EPC 35,200 + 1.38 Million CKM Transmission Lines MT of Towers Order Book (₹ Cr.) as on Revenue (₹ Cr.) 14,551 14
Slide 5: Global Footprint
Global Footprint Completed Ongoing 59 Countries Africa Asia Europe North America South America 27 16 4 7 5 4
Slide 6: Board of Directors
Board of Directors Sanjay Kumar Verma Randeep Narang Digambar Bagde Executive Chairman Non-Executive Vice Chairman Managing Director & CEO Raman Rajagopalan D Suryanarayana Shrikant Chaturvedi Vita Dani Deputy Managing Director Whole-time Director Non-Executive Director Non-Executive Director Ashish
Slide 7: Leadership
Leadership DIGAMBAR BAGDE Executive Chairman He is the Promoter of our Company and a stalwart of the Power T&D industry, with five decades of rich and diverse experience. He holds a Bachelor of Science degree in Civil Engineering from the Maharaja Sayajirao University of Baroda. After his initial de
Slide 8: Business Overview
Business Overview Tower Testing Facility, Deoli 7
Slide 9: Diversified Business Portfolio
Diversified Business Portfolio Power Transmission & Distribution Railways • Deliver integrated railway infrastructure solutions for large- • The company delivers end-to-end T&D solutions scale national projects with in-house design, manufacturing, testing, and installation, backed by a large galvani
Slide 10: Key Financial Highlights
Key Financial Highlights Deoli Tower Factory 9
Slide 11: Consolidated Key Financial Highlights
Consolidated Key Financial Highlights REVENUE from Operations (₹ Cr.) EBITDA (₹ Cr.) 81% YoY 66% YoY 237 1,946 250.00 0.8 1,660 200.00 200 0.6 0.4 150.00 120 916 0.2 100.00 0 50.00 -0.2 0.00 -0.4 Q1FY25 Q4FY25 Q1FY26 Q1FY25 Q4FY25 Q1FY26 PBT (₹ Cr.) PAT (₹ Cr.) 89% YoY 105 % YoY 140 127 177 0.8 106
Slide 12: Q1-FY26 Order Inflow and Un-executed Orderbook
Q1-FY26 Order Inflow and Un-executed Orderbook Order Inflow Un-executed Order Book 0% 3% Domestic - 79% Domestic - 60% International - 21% 4% 1% International - 40% 0% 2% ₹ 1,748 cr. ₹ 14,654 cr. YTD Order Intake as on June’25 (YoY 72%) (YoY 44%) 93% 97% Power T&D Railways Civil Pole & Lighting Powe
Slide 13: Results Summary Q1 FY26 - Consolidated
Results Summary Q1 FY26 - Consolidated % Change % Change Particulars (₹ Cr.) Q1 FY26 Q4 FY25 Q1 FY25 QoQ YoY Revenue from Operations 1,660 1,946 -15% 916 81% EBITDA 200 237 -16% 120 66% EBITDA margin (%) 12% 12% 13% Less: Depreciation & Amortisation 15 16 -10% 13 15% Add: Other Income 11 15 -22% 14
Slide 14: Business Highlights Q1 FY26
Business Highlights Q1 FY26 Business Achievements: • Successfully commissioned 765 kV DC KPS2- LAKADIA and 765 kV DC KPS1- KPS2 Transmission Line project (Khavda) for Adani. • Successfully commissioned 765kV DC Transmission line project in Khetri Narela, Package 1 for Powergrid. • Commissioned 3 lin
Slide 15: Strong and Consistent Financial Performance
Strong and Consistent Financial Performance Debt to Equity (x) Net Debt (₹ Cr.) & Net Debt to EBITDA (x) 2.00 1.63 1.12 0.74 0.77 700.00 600.00 - 613 500.00 0.71 0.78 (5.00) 533 480 502 400.00 0.56 412 (10.00) 300.00 0.34 0.37 (15.00) 200.00 100.00 (20.00) 0.00 FY22 FY23 FY24 FY25 Q1FY26 FY22 FY23 F
Slide 16: Borrowing, Working Capital & Credit Rating
Borrowing, Working Capital & Credit Rating Particulars 30-06-2025 31-03-2025 Inc/(Dec) LT Borrowings 34.46 38.53 -4.07 Borrowings ST Borrowings* 696.88 604.93 91.95 Less: Cash and cash equivalents 118.27 141.45 -23.18 Net Debt (ex-IPO Funds) 613.06 502.01 111.05 Less: IPO Funds 234.44 241.06 -6.62 N
Slide 17: Update on CAPEX
Update on CAPEX CAPEX utilized for: Brownfield Expansion of Construction equipment (T&P) 1 existing manufacturing plants 2 Plant for tower manufacturing 3 for various domestic and (Tower, Conductor and Pole) International projects Timelines: Product Phase 1 Phase 2 Brownfield Greenfield Brownfield T
Slide 18: Industry Overview
Industry Overview Indian power transmission and distribution EPC market Transmission & Distribution lines in India Indian power transmission and distribution EPC market Renewable Energy Expansion $1,217 $16,407 $1,539 $18,441 $2,161 $22,596 is estimated at around USD 20.5-21 billion by the year 2029
Slide 19: Our Strategy
Our Strategy Leverage technical expertise, specialized domain knowledge and experience to expand core competencies in power transmission and distribution segment, both domestic and international Expand EPC portfolio into other Expanding international allied/ancillary infrastructure sectors business
Slide 20: Key Growth Drivers
Key Growth Drivers Track record of established presence and growth in power transmission and distribution vertical Strong and Consistent Financial through implementation and execution skills Performance Fully Backward integrated manufacturing facilities, having capacity Experienced promoter(s) with
Slide 21: Legacy of 4 Decades
Legacy of 4 Decades 1984 1993 2007 Transrail Engineering 1987 Factory for Tower Factory of conductor 2008 Company (TEC) started First Direct 400 kV manufacturing in First International manufacturing with first foundation transmission Line Baroda Turnkey project established in Silvassa. work on 132kV
Slide 22: Manufacturing Units & Tower Testing facility
Manufacturing Units & Tower Testing facility Tower Factory - Deoli Tower Factory - Vadodara Tower Testing Facility ISO certified NABL Certified European conformity certified Pole Factory - Silvassa Conductor Factory - Silvassa 21
Slide 23: Glimpse of Completed Projects in Q1 FY26
Glimpse of Completed Projects in Q1 FY26 Eswatini 132kV Transmission Line Project 765kV DC Transmission line project in Khetri Narela, Package 1 400kv Transmission line project in Solapur, Maharashtra 765 kV D/C Transmission lines in Khavda 22
Slide 24: Glimpse of On-going Projects
Glimpse of On-going Projects 225KV D/C Garoua-Maroua Transmission Line 400 kV D/C Transmission Line TaZa Project River crossing Transmission Line Project (Cameroon) (Tanzania) (Bangladesh) Supply of Over Head Electrification Masts for 10.2 km long Road Bridge over river Kosi (Bihar) Railway Project
Slide 25: Awards and Recognition
Awards and Recognition Appreciation Award from Tower Manufacturing Plant POWERGRID-WR II for ZERO at Deoli awarded 'A Grade' Accidents on project sites by POWERGRID Corporate Philanthropist Namsai and Kathalgudi of the Year Award by Substations awarded as best Crowdera project in NER Region by POWER
Slide 26: Brand Building
Brand Building 225KV D/C Garoua-Maroua Transmission Line Cameroon Participated in ELECRAMA 2025, Greater Noida Participation in GRIDCON 2025, Delhi Participation in Middle East Energy 2025, Dubai 25
Slide 27: Striving for Global ESG standards
Striving for Global ESG standards At Transrail, we are deeply committed towards developing a 'way of life" which is focused on sustainable development goals. While on the one hand we are striving to reduce our environmental footprint to bring positive social change on the other, we continue to reinf
Slide 28: Transrail's CSR Activities for Q1 2025-26
Transrail’s CSR Activities for Q1 2025-26 We firmly believe in giving back to society and we are actively contributing to the well-being of the communities we serve through two flagship programs of a CSR initiative called “Transrail Aarogya” and “Transrail Saksharta”. 560 cataract surgeries 163 co
Slide 29: Thank You
Thank You Corporate Office Transrail Lighting Limited A Wing, 5th Floor, Fortune 2000, BKC, Bandra East, Mumbai – 400051, India Investor Relations: Chintan Sudhir Kotak Email: investor.relations@transraillighting.com Website: www.transrail.in CIN: L31506MH2008PLC179012 NSE : TRANSRAILL BSE : 544317