What we do Transrail Lighting Ltd is a leading Indian EPC company specializing in power transmission and distribution, manufacturing towers, conductors, and poles, with diversified verticals including civil, railways, and solar EPC. |
Founded in 2,008 |
Market share One of the top players in India's power transmission sector with growing international presence in SAARC and Africa regions. |
Problem solved Addresses India's and international markets' demand for robust power infrastructure, including transmission lines, substations, and renewable energy integration. |
Top clients or who we serve Serves central, state, and private power utilities, infrastructure developers, and government agencies across India and multiple foreign markets. B2B focus. |
Key management Executive Chairman: Digambar Bagde; MD & CEO: Randeep Narang; Other notable directors include Vinod Dasari and Ashish Gupta. |
Our journey and innovations Founded in 2008, it expanded through mergers, added manufacturing facilities, launched LED lighting in 2018, entered solar EPC in 2025, and listed publicly in 2024. |
Where we operate India, Africa, SAARC countries, Southeast Asia, Middle East, Americas, and Europe across 63 countries. |
Top products or what we offer Transmission lines (up to 1200 kV), AIS/GIS substations (up to 765 kV), towers, conductors, poles, civil infrastructure, rail electrification, solar EPC. |
Top brands - |
Raw materials needed Steel and metal raw materials for towers, poles, conductors; electronic components for substations and lighting. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue has a mix of recurring EPC contracts and cyclical project-based income. |
Our industry position Strong domestic position with 30% revenue growth, expanding international footprint and order book of over INR 14,700 crore (Q3 FY26). |
Financial highlights FY2025 revenue: INR 5307.75 crore; Net profit: INR 326.63 crore; 30% YoY revenue growth; 7% PAT margin as of Dec 2025. |
Geographical revenue split Domestic: ~42%; International (mainly Africa, SAARC): ~58%. |
Order book Unexecuted order book INR 18,216 crore as of Dec 2025 including L1 bids worth INR 3,483 crore. |
Whats driving growth Infrastructure expansion, government electrification programs, international projects, solar EPC entry, and manufacturing capacity expansion. |
Our future plans Brownfield and greenfield capacity expansion for towers/conductors, increasing solar EPC projects, geographic expansion in Africa and Americas. |
Our green promise Environmental sustainability via efficient resource use, tree plantations, CSR in health, education; adherence to high governance standards. |
Our people and values Employee base: 2700+; culture focused on safety, ethics, innovation and leadership with diverse global teams. |
Key challenges ahead Managing supply chain for raw materials, geopolitical risks in international markets, regulatory changes, and labor code compliance. |
Interesting facts Deoli factory awarded 'A Grade' by POWERGRID; completed India’s second tallest cooling tower; commissioned 765kV lines; listed IPO raised Rs 839 crore. |
Risks and strategy Mitigates risks through diversified geographic base, long-term contracts, capacity expansions, technology adoption, and strong governance. |
