Transrail Lighting LimitedTRANSRAILLCorporate

Engineering - Turnkey Services Latest results: Mar 2026 11 quarters of data
₹465.85
MCap ₹6,254 Cr · P/E 15.2
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹1,863 Cr
Sales · Mar 2026
-4.3% YoY
₹210 Cr
Operating Profit · Mar 2026
-10.3% YoY
11.3%
OPM % · Mar 2026
-5.8% YoY
₹100 Cr
Net Profit · Mar 2026
-20.0% YoY
₹7.45
EPS · Mar 2026
-19.7% YoY

📝 Transrail Lighting Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Transrail Lighting Limited reported revenue of ₹1,863 crore for the quarter ended March 2026 (Q4 FY26), down 4.3% from ₹1,946 crore in the same quarter last year, and up 4.8% sequentially over the December 2025 quarter.

Net profit fell 20.0% year-on-year to ₹100 crore, from ₹125 crore. Earnings per share (EPS) came in at ₹7.45.

Operating profit stood at ₹210 crore — an operating margin (OPM) of 11.3%, compared with 12.0% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Transrail Lighting Limited posted revenue of ₹6,830 crore, a growth of 28.7% over FY25, with a net profit of ₹411 crore (up 22.6% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹6,830 crore with a net profit of ₹411 crore.

Valuation snapshot

At the current price of ₹465.85, TRANSRAILL has a market capitalisation of ₹6,254 crore and a trailing P/E of about 15.2.

Within the Engineering - Turnkey Services industry, it is the 6th-largest of the 36 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 71.12%, foreign institutional investors (FIIs) 1.85%, domestic institutional investors (DIIs) 5.95%, public shareholders 21.08% of Transrail Lighting Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹6,254 Cr
Current Price ?
₹465.9
P/E ?
15.23above ind
Industry P/E ?
10.40
P/B ?
2.68
P/S ?
0.92
P/FCF ?
15.75
Enterprise Value ?
₹6,932 Cr
EV/EBITDA ?
8.39
PEG ?
0.27
Earnings Yield ?
11.0%
Dividend Yield ?
0.17%
Profitability & Returns
Sales (TTM) ?
₹6,830 Cr
OPM ?
12.1%
Profit after tax (TTM) ?
₹411 Cr
EPS (TTM) ?
₹30.59
ROCE ?
29.0%
ROE ?
17.6%
ROA ?
5.5%
Growth
Sales — latest qtr ?
₹1,863 Cr
PAT — latest qtr ?
₹100 Cr
YoY qtr sales growth ?
-4.3%
YoY qtr profit growth ?
-20.0%
Sales growth (3y) ?
30%
Sales growth (5y) ?
26%
Profit growth (3y) ?
57%
Profit growth (5y) ?
33%
Financial Health
Debt ?
₹678 Cr
Debt to Equity ?
0.29
Interest Coverage ?
3.5
Current Ratio ?
N/A
Ownership
Promoter holding ?
71.12%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-7.1%
Return 6 months ?
-19.9%

🗓️ Quarterly results (11 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 9778371,3929161,0881,3571,9461,6551,5341,7771,863 -4.3% +4.8%
Operating Profit 11898181123141183234202185229210 -10.3% -8.3%
Other Income 7152414810161215-410 -37.5% +350.0%
Interest 4342414446495950605554 -8.5% -1.8%
Depreciation 1312131313141615151719 +18.8% +11.8%
Profit Before Tax 69591518089131175150124153147 -16.0% -3.9%
Net Profit 474711254589812510990112100 -20.0% -10.7%
EPS 19.1518.889.004.394.627.279.288.106.738.337.45 -19.7% -10.6%
OPM % 12.1% 11.7% 13.0% 13.4% 13.0% 13.5% 12.0% 12.2% 12.1% 12.9% 11.3% -5.8% -12.4%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹5,307 Cr ₹6,830 Cr ₹6,830 Cr +28.7%
Operating Profit ₹681 Cr ₹826 Cr ₹826 Cr +21.3%
OPM % 12.83% 12.09% 12.09% -5.8%
NPM % 6.31% 6.01% 6.01% -4.8%
Other Income ₹48 Cr ₹33 Cr ₹33 Cr -31.3%
Depreciation ₹56 Cr ₹66 Cr ₹66 Cr +17.1%
Interest ₹198 Cr ₹219 Cr ₹219 Cr +10.4%
EBIT ₹625 Cr ₹760 Cr ₹760 Cr +21.7%
PBT ₹475 Cr ₹574 Cr ₹574 Cr +20.8%
Tax — ₹41 Cr ₹41 Cr —
Net Profit ₹335 Cr ₹411 Cr ₹411 Cr +22.6%
EPS ₹25.56 ₹30.61 ₹30.61 +19.8%
Material Cost — ₹802 Cr ₹802 Cr —
Employee Cost — ₹78 Cr ₹78 Cr —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 23252727 +0.0%
Reserves 7581,1391,8902,306 +22.0%
Borrowings 605667661678 +2.6%
Other Liabilities 2,0692,8173,6944,394 +18.9%
Total Liabilities 3,4554,6486,2717,405 +18.1%
Fixed Assets 378374424599 +41.3%
CWIP 461265 +441.7%
Investments 4623 +50.0%
Other Assets 3,0694,2635,8336,738 +15.5%
Total Assets 3,4554,6486,2717,405 +18.1%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 14358288644 +123.6%
Cash from Investing Activity -107-96-499-212 +57.5%
Cash from Financing Activity 2928242-190 -178.5%
Net Cash Flow 65-1131242 +680.6%
Free Cash Flow 9230152397 +161.2%
CFO/OP 45%30%53%99% +86.8%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 75929192 +1.1%
Inventory Days 63627690 +18.4%
Days Payable 264275333331 -0.6%
Cash Conversion Cycle -126-121-166-148 +10.8%
Working Capital Days 29524841 -14.6%
ROCE % 27%35%35%29% -17.1%

👥 Shareholding (latest 6 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 % Chg
Promoters 71.12%71.12%71.12%71.12%71.12%71.12% +0.0%
FIIs 1.43%1.16%1.14%2.17%2.49%1.85% -25.7%
DIIs 12.44%8.41%8.21%8.14%6.52%5.95% -8.7%
Public 15.01%19.31%19.53%18.58%19.88%21.08% +6.0%
No. of Shareholders 1,27,7521,52,9421,61,3061,58,3761,55,6611,57,132 +0.9%

⚖️ Peer comparison

Industry: Engineering - Turnkey Services · top 25 of 36 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 ORIANA Oriana Power ₹2,077.80 21,110 16.7 1,813 252 22.0% 13.9% — — 64.3% 18.2%
2 WABAG VA Tech ₹2,282.00 14,261 38.3 3,944 370 11.7% 9.4% 19.7% 25.5% 22.3% 28.6%
3 POWERMECH Power Mech ₹2,424.50 7,665 19.6 6,393 420 10.9% 6.6% 15.8% 18.4% 25.6% 10.3%
4 GMRP&UI GMR Power ₹93.16 7,276 11.7 7,388 585 22.3% 7.9% 15.6% -60.5% 3.4% -392.8%
5 ISGEC Isgec Heavy ₹837.65 6,159 25.3 6,819 284 9.1% 4.2% 6.1% 7.7% 17.4% 9.0%
6 TRANSRAILL Transrail Lighting ₹412.65 5,540 13.5 6,830 411 12.1% 6.0% 28.7% 22.6% -4.3% -20.0%
7 IONEXCHANG ION Exchange ₹437.80 5,382 39.6 3,032 98 5.9% 3.2% 6.5% -31.4% 20.1% -93.7%
8 SWSOLAR Sterling and Wilson ₹163.18 3,811 15.7 7,155 213 4.9% 3.0% 19.8% -237.8% -12.6% 103.5%
9 EIEL Enviro Infra ₹194.87 3,421 19.2 1,264 191 22.4% 15.1% 8.3% 6.1% 49.1% 6.4%
10 ASHOKA Ashoka Buildcon ₹113.99 3,200 1.3 7,132 2,476 21.5% 34.7% -25.1% 48.6% -20.5% -44.0%
11 BAJEL Bajel Projects ₹179.23 2,074 73.8 2,751 29 3.6% 1.0% 7.5% 69.5% -6.7% 37.2%
12 RELINFRA Reliance Infrastructure ₹48.80 1,992 1.0 20,877 4,330 4.9% 20.7% -11.0% -25.1% 11749.6% 151.7%
13 BGRENERGY BGR Energy ₹231.86 1,673 — 226 -1,250 -255.9% -551.8% -33.8% -32.8% -82.2% 16.1%
14 KPEL K.P. Energy ₹230.44 1,562 8.5 1,797 182 18.5% 10.1% 59.4% 57.2% 136.7% 2.6%
15 MBECL Mcnally Bharat ₹421.66 1,406 0.4 73 3,655 -286.9% 5002.9% -30.5% 301.0% 0.3% 89.0%
16 GGBL Ganesh Green ₹481.90 1,195 15.9 1,067 75 10.7% 7.0% — — 298.4% 147.1%
17 SEPC SEPC ₹5.62 1,092 42.7 1,150 26 5.5% 2.3% 65.8% 116.6% 38.6% -166.8%
18 ATMASTCO Atmastco ₹306.00 757 — — — — — — — -18.6% 61.9%
19 OMINFRAL OM INFRA ₹78.10 752 22.8 520 33 8.6% 6.3% -29.8% -42.8% 19.2% 1268.7%
20 MOLDTECH Mold-Tek Technologies ₹200.00 576 31.2 208 18 10.9% 8.9% 24.6% -17.0% 78.9% 1215.1%
21 SUPREMEINF Supreme Infrastructure ₹53.50 522 0.1 65 5,797 -3.5% 8900.7% -4.0% 506.5% 95.8% 83.4%
22 WINSOL Winsol ₹378.85 437 30.5 136 14 17.7% 10.3% — — 1.8% 36.6%
23 GVKPIL GVK Power ₹2.33 368 — 81 -1,383 -363.9% -1717.0% -90.0% -331.4% -100.0% 98.5%
24 K2INFRA K2 Infragen ₹275.00 347 26.1 185 13 12.4% 7.0% — — -1.1% -14.3%
25 ATLANTAA ATLANTAA ₹36.81 300 — 78 -5 40.9% -6.5% 33.3% -105.7% 26.2% -196.1%
❓ Frequently asked questions
What was Transrail Lighting Limited's revenue in Q4 FY26?
Transrail Lighting Limited reported revenue of ₹1,863 crore for the quarter ended March 2026 (Q4 FY26), down 4.3% from ₹1,946 crore in the same quarter last year, and up 4.8% sequentially over the December 2025 quarter.
What was Transrail Lighting Limited's net profit in Q4 FY26?
Net profit fell 20.0% year-on-year to ₹100 crore, from ₹125 crore. Earnings per share (EPS) came in at ₹7.45.
What is TRANSRAILL's market capitalisation and P/E ratio?
At the current price of ₹465.85, TRANSRAILL has a market capitalisation of ₹6,254 crore and a trailing P/E of about 15.2.
Who owns Transrail Lighting Limited? (shareholding pattern)
As of Sep 2026, promoters held 71.12%, foreign institutional investors (FIIs) 1.85%, domestic institutional investors (DIIs) 5.95%, public shareholders 21.08% of Transrail Lighting Limited.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI