Transrail Lighting: power transmission and distribution segment contributed over 80% of revenue
Transrail Lighting: power transmission and distribution segment contributed over 80% of revenue
At the upper price band, the OFS is valued at Rs 439 crore, taking the total issue size to approximately Rs 839 crore and giving the company a market capitalization of around Rs 5,800 crore.
Transrail Lighting is one of the leading Indian Engineering, Procurement and Construction (EPC) companies with a primary focus on the power transmission and distribution business and integrated manufacturing facilities for lattice structures, conductors, and monopoles.
It has a footprint in more than 58 countries.
The company maintained a stable debt-to-equity ratio of 0.56, indicating consistent and conservative leverage.
Transrail has demonstrated robust financial performance, with net profit more than doubling to Rs 233.2 crore in FY24 from Rs 107.6 crore in the previous year.
Revenue grew 29.3% to Rs 4,076.5 crore, up from Rs 3,152.2 crore in FY23.
As of June 2024, Transrail’s order book stood at Rs 10,213 crore, with around 55-60% of revenue expected to come from ongoing projects over the next 12 months.
For the three-month period ended June 2024, the company reported a net profit of Rs 51.7 crore on revenue of Rs 915.8 crore.
Additionally, the company offers EPC services for substations up to 765 kilovolts and operates in other verticals such as civil construction, poles and lighting, and railways.
The power transmission and distribution segment contributed over 80% of the company’s revenue.
Transrail Lighting focuses primarily on the power transmission and distribution sector and operates manufacturing facilities for lattice structures, conductors, and monopoles.
The company has executed over 200 projects across 58 countries, covering 34,654 circuit kilometers (CKM) of transmission lines and 30,000 CKM of distribution lines.
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