What we do TIL Ltd designs, manufactures, and markets material handling, lifting, port, and construction equipment with comprehensive after-sales support. |
Founded in 1,944 |
Market share Market leader in niche material handling and crane products in India with a strong presence in defense and infrastructure sectors. |
Problem solved Provides efficient and robust equipment solutions addressing industrial lifting, material handling, and infrastructure development challenges. |
Top clients or who we serve Serves sectors including defense, ports, construction, mining, energy, and infrastructure with B2B focus. |
Key management Sunil Kumar Chaturvedi (Chairman & Managing Director), Alok Kumar Tripathi (Director & President), Ayan Banerjee (Director - Finance). |
Our journey and innovations Pioneered India's first mobile cranes and rough terrain cranes, introduced innovative high-capacity forklifts, and expanded strategic global collaborations. |
Where we operate Pan-India presence with export to neighboring countries; manufacturing facilities in West Bengal; plans to expand in Asia-Pacific. |
Top products or what we offer Mobile cranes (10-100 MT), ReachStackers, forklift trucks, empty container handlers, construction equipment, and defense specialized equipment. |
Top brands TIL cranes, Hyster-TIL ReachStackers, Snorkel aerial work platforms, Grove cranes (exclusive partnership), Manitowoc range. |
Raw materials needed Steel, hydraulics components, electronic controls, and heavy fabrication materials. |
Raw materials supplier Local and international suppliers aligned with manufacturing standards; specific names not disclosed. |
Recurring vs cyclical contribution Revenue is largely project and order-based with a mix of recurring after-sales services and cyclical capital equipment sales. |
Our industry position Recognized leader in niche crane and material handling industries with growing defense and infrastructure equipment segments. |
Financial highlights FY25 revenue ₹315 crore with ₹2.9 crore net profit; turnaround from prior losses; improved EBITDA and operational efficiency. |
Geographical revenue split Majority of revenue from India (₹313 crore), minimal from outside India (~₹0.11 crore). |
Order book Order book around ₹80 crore with pipeline potential of ₹75+ crore, focused on defense, material handling, and infrastructure equipment. |
Whats driving growth Strategic acquisition by Gainwell Group, new product launches, operational efficiency, expanded after-sales, and infrastructure spending. |
Our future plans Introduce 5-6 new product lines, enhance global expansion, ramp up production capacity, and invest ₹1000 crore across Gainwell group. |
Our green promise Committed to green manufacturing with solar power usage, sustainable supply chain initiatives, and ESG reporting enhancements. |
Our people and values 348 employees focusing on inclusion, safety, skill development, with culture emphasizing entrepreneurship, excellence, and customer centricity. |
Key challenges ahead Market competition, dependency on infrastructure spending, regulatory compliance, and global supply chain uncertainties. |
Interesting facts India’s first mobile crane manufacturer; rolled out 400th ReachStacker in 2025; only purpose-built mobile crane factory in India. |
Risks and strategy Risks include market cyclicality and regulatory penalties; mitigated via diversification, technology upgrades, and strong governance. |
