Transrail Lighting Limited · NSE:TRANSRAILL
Transrail Lighting — Investor Presentation (July 2026)
33 slides from Transrail Lighting's investor presentation, Jul 3, 2026
Slide 1: Cover letter to stock exchanges
July 3, 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 Sc
Slide 2: Transrail Lighting Ltd Investor Presentation
TRANSRAIL LIGHTING LTD Investor Presentation Building scale Creating Value Expanding globally
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
| TRAANSRAMIL Corporate Overview
Slide 5: Transrail at a Glance
Transrail at a Glance Diversified Business Portfolio T&D Substation Civil Construction Railways Poles & Lighting Solar EPC Footprint across Supplied 4 Decades + of Expertise 63 1.50 Mn Countries MT of Towers Constructed Supplied 19,500+ 36,900+ 226,000+ Man Months of CKM Transmission Lines KM of Con
Slide 6: Performance Snapshot
Performance Snapshot Closing Order Book (₹ Cr.) Revenue (₹ Cr.) 16,313 14,551 6,880 9,619 10,100 5,308 4,077 5,908 3,152 2,350 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 EBITDA (₹ Cr.) PAT (₹ Cr.) 820 421* 676 327 478 233 294 206 108 65 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 5 SUST
Slide 7: Global Reach & Operations
Global Reach & Operations 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 Substations constructed on turnkey basis. • Rural electrification and underground c
Slide 8: Board of Directors
Board of Directors Digambar Bagde Sanjay Kumar Verma Randeep Narang Executive Chairman Non-Executive Vice Chairman Managing Director & CEO Raman Rajagopalan D Suryanarayana Shrikant Chaturvedi I. S. Jha Deputy Managing Director Whole-time Director Non-Executive Director Non-Executive Director Ranjit
Slide 9: 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 10: Business Overview
| TRAANSRAMIL Business Overview
Slide 11: 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 12: Diversified Business Portfolio
Diversified Business Portfolio Power Transmission & Distribution Civil Construction Poles & Lighting Capabilities Capabilities • Bridges • High masts / Flag masts • Tunnels • Street poles • Luminaries • Elevated roads • Stadium lighting • Cooling towers • Derrick structures • Railway Portals • Road
Slide 13: Manufacturing Units: Transmission Towers
Manufacturing Units: Transmission Towers Our Strengths State of the art manufacturing plants with CNC Technology imported from “ Integrated manufacturing ecosystem Italy with end to end capabilities from steel Enclosed galvanizing plant ensuring processing to global project delivery” superior corros
Slide 14: Manufacturing Units: Monopoles & Poles
Manufacturing Units: Monopoles & Poles Our Strengths Advanced CNC pole manufacturing with high precision & accuracy Automatic plate cutting, forming & welding for superior strength Long length galvanising facility ensuring superior corrosion protection Raw Material 1 2 Fabrication 3 ARC Wielding 4 G
Slide 15: Manufacturing Units: Conductors
Manufacturing Units: Conductors Our Strengths State of the art manufacturing facility with modern high speed machinery Approved by Powergrid and leading national & international utilities High performance conductors including HTLS (Carbon core) and specialty types Raw Material Wire Rod Conductor Qua
Slide 16: Manufacturing Units: Design and Testing
Manufacturing Units: Design and Testing Design & Engineering Testing Facility Deoli, Wardha, Maharashtra Max. Base Width 30 M Highlights Facility Highlights Max. Tower Height 90 M Advanced design software: PLS-CADD, NABL Accredited PLS-POLE, PLS-TOWER, AutoCAD & i-Tower Test Two towers simultaneousl
Slide 17: Operational & Financial Highlights
Operational & Financial Highlights
Slide 18: FY26: The Year Gone By
FY26: THE YEAR GONE BY Financial Momentum Execution Milestone ▪ Revenue of ₹ 6,880 Cr, 30% YoY Growth ▪ 1,900 CKM transmission lines executed (against Guidance of 25%) ▪ Phase 1 of Bangladesh River crossing TL completed ₹ 6,880 Cr ▪ EBITDA grew by 21% ▪ 150,000 MT of towers supplied HIGHEST EVER REV
Slide 19: FY26 Marks a Year of Record-Breaking Performance
FY26 MARKS A YEAR OF RECORD-BREAKING PERFORMANCE REVENUE from Operations (₹ cr.) EBITDA (₹ cr.) and EBITDA Margins (%) PAT (₹ cr.) and PAT Margins (%) ▲ 30% YoY ▲ 21% YoY ▲ 28% YoY 50.00% 820 900 6,880 45.00% 450 421* 20.00% 40.00% 676 440 430 420 5,308 410 400 35.00% 700 390 380 370 328 18.00% 360
Slide 20: FY26 Order Inflow and Un-executed Orderbook
FY26 Order Inflow and Un-executed Orderbook Order `Inflow Un-executed` Order Book 2% 3% Domestic - 63% Domestic - 61% 2% 1% 6% International - 37% 5% International - 39% Rs. 8,520 cr. Rs. 16,313 cr. Order Intake for as on Mar’26 FY26 89% 92% Power T&D Civil Railways Pole & Lighting Power T&D Civil R
Slide 21: Business Highlights FY26
Business Highlights FY26 Operational Highlights Domestic Projects Commissioned ✓ Brownfield and greenfield expansion of tower manufacturing has been ✓ 765 kV D/C TL project in Khetri Narela for Powergrid, Package 2 and 3 successfully completed ✓ 765kV D/C Transmission Line Ahmedabad – Lakadia for Po
Slide 22: Strong and Consistent Financial Performance
Strong and Consistent Financial Performance Debt to Equity (x) Net Debt (₹ Cr.) & Net Debt to EBITDA (x) YoY Improvement: 28% 39% 15% YoY Improvement : 31% 34% 55% 1.63 1.12 0.74 0.33 600.00 - 500.00 533 502 0.78 (5 .00) 480 400.00 0.56 (1 0.00) 300.00 274 200.00 0.34 0.29 (1 5.00) 100.00 (2 0.00) 0
Slide 23: Borrowing, Working Capital & Credit Rating
Borrowing, Working Capital & Credit Rating Particulars (in ₹ Cr) 31-03-26 31-03-25 Inc/(Dec) Particulars (in ₹ Cr) 31-03-26 31-03-25 Inc/(Dec) Cash Flow Analysis LT Borrowings 88.53 38.53 50.00 Cash flow from operations 816.89 415.08 401.81 Borrowings ST Borrowings* 570.87 604.93 -34.06 ✓ Net Debt r
Slide 24: Update on CAPEX
Update on CAPEX Successfully doubled tower manufacturing capacity to 172,400 MTPA in FY26 through greenfield and brownfield expansions across key facilities Capacity Planned: Timelines: Post CAPEX Product Phase 1 Phase 2 Product Pre - CAPEX (Phase 1 + Phase 2) Brownfield Greenfield Brownfield Towers
Slide 25: Glimpse of Completed Projects
Glimpse of Completed Projects 225/30 kV Substation project at 138kV Substation and Transmission Line Mali Ahmedabad- Lakadia 765kV Transmission Project in Nicaragua line project 400kV D/C Rooppur-Gopalganj Cooling tower at Udangudi and 765 kV D/C Transmission lines in Railway S&T and OHE project for
Slide 26: Glimpse of On-going Projects
Glimpse of On-going Projects Koppal-II PS – Narendra (New) TNEB 400 kV DC MC Transmission 400 kV400 D/CkVTransmission Line TaZa D/C Transmission LineProject 400kV DC Koppal to Gadag Transmission 765 kV D/C line Line Project. (Tanzania) TaZa Project (Tanzania) Line Project 10.2 km long Road Bridge ov
Slide 27: Industry Outlook
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Slide 28: Backed by Industry Tailwinds
Backed by Industry Tailwinds Industry Enablers & Opportunities Transmission line addition Energy Transition Accelerating Grid Investments National Electricity plan - 191,000 CKM of Transmission lines Renewables, EVs, and storage driving large-scale grid addition by 2032 which is 38% of India’s total
Slide 29: India – A multi decade T&D growth story
India – A multi decade T&D growth story ➢ An Average Indian consumes roughly 1,538 kwh (units) of electricity per year, which is less than half of global average. ➢ India is ranked around 100th position in per capita power consumption, while being the 6th largest economy. A look at India’s Power gen
Slide 30: Multiple avenues for long-term growth
Multiple avenues for long-term growth Core Capabilities • Integrated EPC and manufacturing capabilities • Proven execution across transmission lines and substations • Inhouse Design & Engineering and testing Facility. • Global Presence and experience. • Increased capacities. • Robust financials. • S
Slide 31: Striving for Global ESG standards
Striving for Global ESG standards Transrail is committed to building stronger Environment communities through sustainable action, empowering • Focus on reducing environmental impact through efficient use, recycling, and reuse of lives through initiatives focused on healthcare, resources education, s
Slide 32: Transrail's CSR Activities for FY26
Transrail’s CSR Activities for FY26 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”. Healthcare Education • 4,095 cataract
Slide 33: 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 32
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