Price
Financials
Consolidated, Rs crore| Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 977 | 1,392 | 916 | 1,088 | 1,358 | 1,946 | 1,660 | 1,561 | 1,796 | 1,863 | 1,736 |
| Expenses | 860 | 1,224 | 796 | 950 | 1,178 | 1,710 | 1,461 | 1,377 | 1,569 | 1,657 | 1,534 |
| Operating Profit | 117 | 169 | 120 | 138 | 179 | 236 | 199 | 184 | 227 | 207 | 202 |
| OPM % | 12% | 12% | 13% | 13% | 13% | 12% | 12% | 12% | 13% | 11% | 12% |
| Other Income | 6 | 24 | 14 | 8 | 10 | 16 | 12 | 16 | -4 | 11 | 17 |
| Interest | 43 | 41 | 44 | 46 | 49 | 59 | 50 | 60 | 55 | 54 | 56 |
| Depreciation | 13 | 13 | 13 | 13 | 14 | 16 | 15 | 15 | 17 | 20 | 19 |
| Profit before tax | 68 | 139 | 77 | 87 | 126 | 177 | 147 | 125 | 151 | 144 | 144 |
| Tax % | 32% | 29% | 33% | 36% | 26% | 28% | 28% | 27% | 27% | 33% | 25% |
| Net Profit | 46 | 100 | 52 | 55 | 93 | 127 | 106 | 91 | 110 | 96 | 108 |
| EPS in Rs | 18.67 | 8.04 | 4.17 | 4.41 | 6.94 | 9.43 | 7.88 | 6.78 | 8.17 | 7.19 | 8.04 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,881 | 2,172 | 2,338 | 3,152 | 4,077 | 5,308 | 6,880 | 6,956 |
| Expenses | 1,603 | 1,888 | 2,091 | 2,788 | 3,518 | 4,532 | 5,940 | 6,136 |
| Operating Profit | 278 | 284 | 247 | 364 | 559 | 776 | 941 | 820 |
| OPM % | 15% | 13% | 11% | 12% | 14% | 15% | 14% | 12% |
| Other Income | 22 | 19 | 20 | 19 | 56 | 48 | 32 | 40 |
| Interest | 146 | 138 | 139 | 189 | 246 | 300 | 339 | 225 |
| Depreciation | 32 | 34 | 37 | 46 | 50 | 56 | 66 | 71 |
| Profit before tax | 121 | 132 | 91 | 148 | 318 | 467 | 567 | 564 |
| Tax % | 15% | 25% | 28% | 27% | 27% | 30% | 29% | |
| Net Profit | 102 | 98 | 65 | 108 | 233 | 329 | 404 | 405 |
| EPS in Rs | 242.83 | 129.70 | 28.49 | 47.18 | 18.81 | 24.48 | 30.06 | 30.18 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 8% | 3% | 7% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 26% | 30% | 15% | ||
| Compounded Profit Growth | % | 33% | 56% | 10% | ||
| Stock Price CAGR | % | % | % | -39% | ||
| Return on Equity | % | 20% | 21% | 20% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 8 | 23 | 23 | 25 | 27 | 27 |
| Reserves | 435 | 560 | 640 | 749 | 1,114 | 1,854 | 2,254 |
| Borrowings | 346 | 429 | 469 | 621 | 667 | 661 | 678 |
| Other Liabilities | 1,253 | 1,185 | 1,710 | 2,053 | 2,814 | 3,691 | 4,395 |
| Total Liabilities | 2,038 | 2,182 | 2,842 | 3,445 | 4,621 | 6,233 | 7,354 |
| Fixed Assets | 321 | 317 | 334 | 379 | 374 | 425 | 600 |
| CWIP | 11 | 4 | 17 | 4 | 6 | 12 | 65 |
| Investments | 0 | 3 | 3 | 3 | 5 | 0 | 1 |
| Other Assets | 1,705 | 1,858 | 2,487 | 3,059 | 4,236 | 5,795 | 6,688 |
| Total Assets | 2,038 | 2,182 | 2,842 | 3,445 | 4,621 | 6,233 | 7,354 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 188 | 65 | 46 | 143 | 35 | 287 | 643 |
| Cash from Investing Activity | -50 | -3 | -81 | -105 | -78 | -498 | -209 |
| Cash from Financing Activity | -146 | 5 | 3 | 29 | 28 | 242 | -190 |
| Net Cash Flow | -7 | 66 | -32 | 67 | -15 | 32 | 244 |
| Free Cash Flow | 176 | 40 | -29 | 91 | 8 | 150 | 395 |
| CFO/OP | 79% | 41% | 33% | 43% | 26% | 54% | 87% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 93 | 82 | 100 | 75 | 92 | 91 | 92 |
| Inventory Days | 107 | 80 | 86 | 63 | 62 | 77 | 91 |
| Days Payable | 316 | 292 | 329 | 263 | 274 | 332 | 330 |
| Cash Conversion Cycle | -116 | -129 | -144 | -126 | -120 | -165 | -147 |
| Working Capital Days | 28 | 33 | 45 | 30 | 52 | 48 | 41 |
| ROCE % | 30% | 22% | 27% | 35% | 35% | 34% |
| Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|
| Promoters | 71.12% | 71.12% | 71.12% | 71.12% | 71.12% | 71.12% | 71.12% |
| FIIs | 1.00% | 0.61% | 1.43% | 1.16% | 1.14% | 2.17% | 2.49% |
| DIIs | 15.15% | 14.08% | 12.44% | 8.41% | 8.21% | 8.14% | 6.51% |
| Public | 12.74% | 14.20% | 15.01% | 19.31% | 19.53% | 18.58% | 19.87% |
| No. of Shareholders | 1,42,684 | 1,29,923 | 1,27,752 | 1,52,942 | 1,61,306 | 1,58,376 | 1,55,661 |
Fundamentals
Market Cap₹ 6,061 Cr.
Current Price₹ 452
Stock P/E14.5
Book Value₹ 170
ROCE33.6 %
ROE20.0 %
Dividend Yield0.66 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)15%
Compounded Profit Growth (TTM)10%
Consolidated figures.
Valuation
Market capRs 6,373 Cr
Enterprise valueRs 6,796 Cr
P/E (TTM)15.73x
Price to book8.26x
Price to sales0.92x
EV / EBITDA7.90x
EV / EBIT8.62x
EV / sales0.98x
Price to cash flow44.67x
Earnings yield6.36%
Profitability
Operating margin (excl. other income)11.55%
Operating margin (incl. other income)12.15%
EBITDA margin12.36%
Pre-tax margin8.11%
Net profit margin5.82%
Net margin, latest quarter6.21%
ROE15.00%
ROCE26.70%
ROA3.42%
ROE, 3-year average15.01%
ROCE, 3-year average26.16%
ROA, 3-year average3.55%
ROIC (approx.)47.89%
Tax rate27.47%
Other income / net worth2.44%
Growth
Sales growth (latest year)34.85%
Profit growth (latest year)66.26%
Sales CAGR, 3 years18.79%
Profit CAGR, 3 years1.79%
Sales growth QoQ-6.84%
Profit growth QoQ11.79%
Sales growth YoY (latest quarter)4.59%
Profit growth YoY (latest quarter)1.95%
Per share
EPS (TTM)Rs 30.19
EPS (latest year)Rs 47.18
EPS (latest quarter)Rs 8.04
EPS, 3-year averageRs 68.46
Book value per shareRs 57.48
Sales per shareRs 518.37
Cash flow per shareRs 10.63
Free cash flow per shareRs 29.43
Efficiency
Asset turnover0.91x
Fixed asset turnover8.32x
Inventory turnover7.20x
Inventory days51 days
Debtor days75 days
Debtors turnover4.89x
Creditor days330 days
Cash conversion cycle-147 days
Working capital days41 days
Leverage
Total debtRs 621 Cr
Cash and bankRs 198 Cr
Net debtRs 423 Cr
Debt to equity0.81x
Net debt / EBITDA0.49x
Interest coverage3.51x
Current ratio (filing 2026-03-31)1.31x
Quick ratio (filing 2026-03-31)1.16x
Trade payables (filing 2026-03-31)Rs 2,782 Cr
Owners' fund to total sources22.39%
Debt to assets18.03%
Cash flow
Cash from Operating Activity (latest year)Rs 143 Cr
Cash from Investing Activity (latest year)Rs -105 Cr
Cash from Financing Activity (latest year)Rs 29 Cr
Net Cash Flow (latest year)Rs 67 Cr
Free cash flow (latest year)Rs 395 Cr
FCFE (approx.: FCF + change in debt)Rs 547 Cr
Cash from ops / profit, 5 years1.01x
Sales to cash flow22.09x
Statement figures
Net sales (TTM)Rs 6,956 Cr
Net sales (latest year)Rs 3,152 Cr
Sales (latest quarter)Rs 1,736 Cr
Operating profit excl. other income (latest year)Rs 364 Cr
Operating profit (latest quarter)Rs 202 Cr
Other income (TTM)Rs 40 Cr
EBITDA (TTM)Rs 860 Cr
PBDT (TTM)Rs 635 Cr
Profit before tax (TTM)Rs 564 Cr
Tax (latest year)Rs 41 Cr
Net profit (TTM)Rs 405 Cr
Net profit (latest year)Rs 108 Cr
Net profit (latest quarter)Rs 108 Cr
Depreciation (TTM)Rs 71 Cr
Depreciation (latest quarter)Rs 19 Cr
Interest (TTM)Rs 225 Cr
Cost of goods sold (latest year)Rs 2,241 Cr
Total expenditure (latest year)Rs 2,788 Cr
Total income (latest year)Rs 3,171 Cr
Share capitalRs 23 Cr
ReservesRs 749 Cr
Shareholders' fundsRs 771 Cr
Total assetsRs 3,445 Cr
Net blockRs 379 Cr
Capital work in progressRs 4 Cr
InvestmentsRs 3 Cr
ReceivablesRs 645 Cr
InventoryRs 311 Cr
Other liabilitiesRs 2,053 Cr
Shares outstanding (crore)13.42
Ownership
Promoter holding71.12% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | TRANSRAILL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +2.3% | -2.8% | +5.1 pts |
| 1 month | +9.6% | -6.8% | +16.4 pts |
| 3 months | -8.5% | -7.6% | -0.8 pts |
| 6 months | +5.1% | +0.4% | +4.7 pts |
| 1 year | -36.6% | -9.9% | -26.6 pts |
6 mutual fund schemes hold about ₹4 Cr.
Over three months 0 bought more and 5 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Motilal Oswal Nifty Microcap 250 Index Fund | 0.18% | 4 | -13% |
| Groww Nifty Total Market Index Fund | 0.01% | 0 | -13% |
| Motilal Oswal BSE 1000 Index Fund | 0.01% | 0 | -13% |
| Angel One Nifty Total Market Index Fund | 0.01% | 0 | -13% |
| Mirae Asset Nifty Total Market Index Fund | 0.01% | 0 | -3% |
| Bandhan Nifty Total Market Index Fund | 0.01% | 0 | -13% |
Red flags
F-score 7 of 8| explain | Share dilution Share count up 0% in a year, 443% in three |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹1,736 Cr +4.6% vs Jun 2025.
Net profit ₹108 Cr +1.9%.
Against our estimate for Jun 2026: sales -8.3%, profit -4.5% in line. Our estimate for Sep 2026: sales Rs 1,563 Cr, profit Rs 93 Cr (how).
Activity
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|---|---|---|---|
| Bharat Heavy Electricals Ltd | 143,931 | 59.2 | 9.14 % |
| ABB India Ltd | 141,142 | 91.6 | 29.9 % |
| Hitachi Energy India Ltd | 136,993 | 115 | 29.4 % |
| CG Power & Industrial Solutions Ltd | 135,183 | 106 | 26.7 % |
| Siemens Ltd | 132,121 | 87.9 | 21.4 % |
| GE Vernova T&D India Ltd | 108,554 | 80.4 | 77.4 % |
| Suzlon Energy Ltd | 53,862 | 17.1 | 34.2 % |
| Thermax Ltd | 39,214 | 71.2 | 13.9 % |
| Schneider Electric Infrastructure Ltd | 28,517 | 147 | 29.6 % |
| TD Power Systems Ltd | 24,386 | 88.7 | 34.0 % |
| Azad Engineering Ltd | 18,820 | 135 | 11.9 % |
| Triveni Turbine Ltd | 17,279 | 49.8 | 34.1 % |
| Atlanta Electricals Ltd | 12,566 | 57.6 | 45.3 % |
| Quality Power Electrical Equipments Ltd | 12,502 | 93.8 | 31.7 % |
| Inox Wind Ltd | 12,357 | 35.9 | 10.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-09-11 | Dividend - Rs 2 Per Share | |
| 2026-08-03 | Interim Dividend - Rs 3 Per Share | |
| 2025-09-04 | Dividend - Re 0.80 Per Share |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Transrail Lighting Ltd?
Transrail Lighting Ltd (TRANSRAILL) has a market capitalisation of Rs 6,061 Cr. at the 2026-10-01 close.
What is the P/E ratio of Transrail Lighting Ltd?
Transrail Lighting Ltd trades at a P/E of 14.5 on trailing twelve-month profit, at the 2026-10-01 close.
What were Transrail Lighting Ltd's latest quarterly results?
In the Jun 2026 quarter, Transrail Lighting Ltd sales was Rs 1,736 Cr (+4.6% vs Jun 2025) and net profit was Rs 108 Cr.
What is the 52-week high and low of Transrail Lighting Ltd?
The 52-week high is Rs 766.80 and the 52-week low is Rs 400.65.