Transrail Lighting Limited · NSE:TRANSRAILL
Transrail Lighting — Q1 FY2027 Earnings Presentation
32 slides from Transrail Lighting's earnings presentation, Aug 6, 2026
Slide 1: Exchange filing cover letter for earnings call presentation
August 6, 2026 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 - 400 051
Slide 2: Q1 FY27 Investor Presentation
TRANSRAIL LIGHTING LIMITED Q1 FY27 Investor Presentation Building Scale Creating Value Expanding Globally TRANSRAIL LIGHTING LIMITED | Q1 FY2027 INVESTOR PRESENTATION
Slide 3: Disclaimer
Disclaimer This presentation is issued by Transrail Lighting Limited (the “Company”) for general information purposes only and does not take into account any specific objectives, financial situations or needs of any particular person. It does not constitute, and should not be construed as, an offer,
Slide 4: Corporate Overview
Corporate Overview 3 TRANSRAIL LIGHTING LIMITED | Q1 FY2027 INVESTOR PRESENTATION
Slide 5: Transrail at a Glance
Transrail at a Glance: A Snapshot of Our Scale BUSINESS VERTICALS T&D Substation Civil Construction Railways Poles & Lighting Solar EPC QUALIFIED REACH DELIVERED SCALE EXECUTION CONTROL 4 decades+ 37,300+ 20,500+ of expertise CKM transmission lines constructed Man-months of design & engineering expe
Slide 6: Our Strengths
Our Strengths: A differentiated T&D platform with scale, manufacturing integration and legacy FOUNDATION EXECUTION CONTROL CAPABILITY OUTCOMES Leadership and operating discipline Integration and technical depth Delivery proof and forward visibility 01 03 05 Operational prowess Backward integration E
Slide 7: Four Decades of Growth
Four Decades of Growth: From niche engineering roots to global infrastructure platform 1984 1987 1993 2007 2008 Transrail Engineering Factory for Tower Factory of conductor Company (TEC) started First Direct 400 kV manufacturing in First International manufacturing with first foundation transmission
Slide 8: Performance Snapshot
Performance Snapshot: Sustained growth over the 5 years Closing Order Book (Rs. Cr.) Revenue (₹ Cr.) 20,000 8,000 6,880 16,313 14,551 15,000 6,000 5,308 9,619 10,100 4,077 10,000 4,000 3,152 5,908 2,350 5,000 2,000 - - FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 EBITDA (₹ Cr.) PAT (₹ Cr.) 1000
Slide 9: Governed by a seasoned and capable board
Governed by a seasoned and capable board: Professional Governance Driving Strategic Growth Digambar Bagde Sanjay Kumar Verma Randeep Narang Executive Chairman Non-Executive Vice Chairman Managing Director & CEO D Suryanarayana Shrikant Chaturvedi I. S. Jha Whole-time Director Non-Executive Director
Slide 10: With Expert Management Team
With Expert Management Team Powering the Platform DIGAMBAR BAGDE RANDEEP NARANG Executive Chairman Managing Director & CEO He is the Promoter of our Company and a stalwart of the Power T&D With over 35 years of experience in diversified sectors, he has strong domain industry, with five decades of ri
Slide 11: Q1FY27 Highlights
Q1FY27 Highlights 10 TRANSRAIL LIGHTING LIMITED | Q1 FY2027 INVESTOR PRESENTATION
Slide 12: Q1FY27 performance at a glance (1/2)
Q1FY27 performance at a glance(1/2) Healthy execution, disciplined growth and continued business momentum Revenue from Operations EBITDA PAT Rs.203 Cr ₹108 Cr Rs.1,736 Cr 1% YoY 3% YoY EBITDA Margin PAT Margin 5% YoY 11.7% 6.2% ❑ Delivered resilient performance despite geopolitical and supply chain
Slide 13: Q1FY27 performance at a glance (2/2)
Q1FY27 performance at a glance(2/2) Healthy execution, disciplined growth and continued business momentum Financial Momentum Execution Milestone Strategic Highlights ▪ Delivered resilient performance despite ▪ Commissioned Eco-friendly Butibori Plant ▪ Acquisition of Gactel Turnkey Projects, geopoli
Slide 14: Q1 Performance Trend
Q1 Performance Trend Maintaining healthy growth and profitability through disciplined execution Revenue from operations (₹ Cr) EBITDA (₹ Cr) 1660 1736 200 203 916 120 Q1FY25 Q1FY26 Q1FY27 Q1FY25 Q1FY26 Q1FY27 Profit before tax (₹ Cr) Profit after tax (₹ Cr) 147 144 106 108 77 52 Q1FY25 Q1FY26 Q1FY27
Slide 15: Financial Highlights
Financial Highlights Q1FY27 Consolidated P&L % Change % Change Particulars (₹ Cr.) Q1 FY27 Q1FY27 Q1 FY26 Q1FY26 YoYQ4 FY26 Q4FY26 FY26 QoQ QoQ YoY Revenue from Operations 1,736 1,660 5% 1,863 -7% 6,880 EBITDA 203 200 1% 207 -2% 820 EBITDA margin (%) 11.7% 12.0% 11.1% 11.9% Less: Depreciation & Amor
Slide 16: Order Book Strength
ORDER BOOK STRENGTH Balanced business and geographic mix enhances long-term revenue visibility ORDER INFLOW UN-EXECUTED ORDER BOOK Domestic - 37% 7% Domestic - 59% International - 63% 2% 1% International - 41% 5% 5% Rs. 1,034 cr. Rs. 15,635 cr. Order Intake for as of June 2026 Q1 FY27 88% 92% Power
Slide 17: A glimpse of ongoing projects
A glimpse of ongoing projects Driving infrastructure development through timely execution across markets Koppal-II PS – Narendra 765 kV D/C TaZa 400 kV D/C line, Tanzania 220 kV D/C Phyang-North Pullu T/L, Begusarai elevated road project, Bihar line, Karnataka Cross country project Ladakh High altit
Slide 18: Balance sheet strength (1/2)
Balance sheet strength(1/2) Healthy leverage and improving credit profile support long-term growth Particulars (in ₹ Cr) 30 Jun 2026 31 Mar 2026 Inc/(Dec) India Ratings upgraded LT Borrowings 58.92 88.53 -29.61 credit rating to IND AA- Borrowings /Stable in August 2026, ST Borrowings 716.97 572.23 1
Slide 19: Balance sheet strength (2/2)
Balance sheet strength(2/2) Healthy leverage and improving credit profile support long-term growth Debt to Equity (x) Net Debt (₹ Cr.) & Net Debt to EBITDA (x) 1.63 1.12 0.74 0.67 0.33 600.00 500.00 - 0.78 533 548 (5.00) 480 502 400.00 0.56 300.00 (10.00) 0.34 0.29 0.32 267 200.00 100.00 (15.00) (20
Slide 20: Business Overview
Business Overview 19 TRANSRAIL LIGHTING LIMITED | Q1 FY2027 INVESTOR PRESENTATION
Slide 21: Our Portfolio
Our Portfolio: With T&D at our core – we are a diversified EPC Company Power Transmission & Distribution Civil Construction Poles & Lighting Capabilities Capabilities • High masts / Flag masts • Bridges • Street poles • Tunnels • Luminaries • Elevated roads • Stadium lighting • Derrick structures •
Slide 22: Today: A Global T&D Execution Expertise
Today: A Global T&D Execution Expertise An integrated T&D platform with international delivery capabilities India • Ongoing Projects: 50+ • Over 300 projects completed, working with all leading developers in India. • Turnkey EPC of Transmission lines of 765 kV, 800 kV HVDC constructed. • AIS & GIS S
Slide 23: Differentiated through Integrated Strength
Differentiated through Integrated Strength: Our Manufacturing facilities Fully backward-integrated manufacturing platform delivering end-to-end control from design to dispatch Global-grade technology with precision CNC systems (Italy) and high-capacity galvanizing (UK) Tower Factory - Deoli Conducto
Slide 24: Capacity expansion for growing demands
Capacity expansion for growing demands Update on Capex Tower manufacturing capacity was doubled to 172,400 MTPA in FY26 through greenfield and brownfield expansion. Product Pre-CAPEX Post CAPEX: Phase 1 + Phase 2 Product Phase 1 brownfield Phase 1 greenfield Phase 2 brownfield Towers 84,000 MTPA 196
Slide 25: Industry Tailwinds
Industry Tailwinds 24 TRANSRAIL LIGHTING LIMITED | Q1 FY2027 INVESTOR PRESENTATION
Slide 26: We're in a multi decade T&D growth story
We’re in a multi decade T&D growth story Power generation and associated TL / SS growth Transmission line addition Energy Transition National Electricity plan - 191,000 CKM of Transmission lines addition by Renewables, EVs, and storage driving large-scale grid expansion 2032 which is 38% of India’s
Slide 27: Enjoying multiple avenues for long-term growth
Enjoying multiple avenues for long-term growth At the intersection of infrastructure, energy transition and digitalisation trends Core Capabilities • Integrated EPC and manufacturing capabilities • Proven execution across transmission lines and substations • Inhouse Design & Engineering and testing
Slide 28: ESG, CSR and Awards
ESG , CSR and Awards 27 TRANSRAIL LIGHTING LIMITED | Q1 FY2027 INVESTOR PRESENTATION
Slide 29: Striving for Global ESG Standards
Striving for Global ESG Standards: Ensuring sustainable impact across our global operations Transrail is committed to building stronger communities through sustainable action, empowering lives through initiatives focused on healthcare, education, sanitation, and inclusive growth. Environment • Focus
Slide 30: Our CSR initiatives in Q1FY2027
Our CSR initiatives in Q1FY2027: We firmly believe in giving back to society We are actively contributing to the well-being of the communities we serve through two CSR flagship programs called “Transrail Aarogya” and “Transrail Saksharta”. Healthcare 3,235 free treatments and services provided by Ge
Slide 31: Recognised for Excellence
Recognised for Excellence Key recognitions and industry engagements during Q1FY2027 Our MD & CEO, Mr. Randeep Narang, represented the Company as a distinguished panelist at the India Energy Forum's National Conference on Power Transmission, alongside eminent leaders from the power transmission secto
Slide 32: Thank You
Thank You Corporate Office Transrail Lighting Limited A Wing, 5th Floor, Fortune 2000, BKC, Bandra East, Mumbai – 400051, India Investor Relations: Manasi Bodas investor.relations@transraillighting.com www.transrail.in CIN: L31506MH2008PLC179012 | NSE : TRANSRAILL | BSE : 544317 TRANSRAIL LIGHTING L