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Why Transrail Lighting Shares Soared Over 6%?

Written by: Sachin GuptaUpdated on: Jan 16, 2025, 11:49 AM IST
Transrail Lighting shares zoomed over 6% on January 16, 2025, after the company reported a 19.07% YoY growth in profit after taxes.
Why Transrail Lighting Shares Soared Over 6%?
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On January 16, 2025, Transrail Lighting shares rose over 6%, reaching the day’s high of ₹662.90 after opening at ₹627.65 at 11:05 AM. The gain in Transrail Lighting shares came after the company released its Q2FY25 earnings. During the period, the company reported a 19.07% year-on-year increase in consolidated profit after taxes (PAT), rising to ₹55.11 crore from ₹46.28 crore in the same quarter of the previous financial year.

Transrail Lighting Q2FY25 Review and Order Book

The company’s revenue from operations grew by 11.6%, reaching ₹1,068.3 crore, compared to ₹957 crore in the corresponding quarter of the previous year. At the operating level, EBITDA increased by 23.3%, totalling ₹120.5 crore in Q2FY25, up from ₹97.7 crore in the same period last year. The EBITDA margin stood at 11.3%, up from 10.2% in Q2FY24.

As of June 30, 2024, the company’s order book stood at ₹10,213 crore, with 64% of the orders being international (high-margin) and 36% domestic. The order book-to-sales ratio for FY24 is 2.5x, ensuring robust revenue visibility in the medium term.

1HFY25 Performance Overview

In its financial report for the six months ended September 30, 2024, Transrail Lighting reported an 8.36% increase in revenue from operations, reaching ₹1,965.23 crore, compared to ₹1,813.53 crore in H1FY24. The PAT for this period rose by 25.88%, totalling ₹106.85 crore, up from ₹84.88 crore in H1FY23.

About Transrail Lighting Ltd

Transrail Lighting is a prominent Indian engineering, procurement, and construction (EPC) company, primarily focused on the power transmission and distribution sector. The company also has integrated manufacturing facilities for lattice structures, conductors, and monopoles, with a presence in over 58 countries.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 16, 2025, 11:49 AM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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