TRANSRAILLCapital Goods

Transrail Lighting Limited

Heavy Electrical Equipment · ISIN INE454P01035 · BSE 544317 · NSE EQ · FV ₹2
Last price
₹410
+0.82%today
What this company does

Transrail Lighting Limited operates in Heavy Electrical Equipment, part of the Capital Goods sector. It booked ₹1,736 cr of revenue in its latest quarter (Q1 FY27) and kept 6.2% of sales as profit.

In the report:
63out of 100
Equitytale Health Score
Mixed

Healthier than 63% of companies in Capital Goods, on the 5 of 6 measures we could read for it. Each measure is ranked against the 16–113 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
29

At close. Not part of the score.

Profitability & returns66

How much profit it earns on the money it employs

Balance sheet20

How much it owes, and whether earnings cover the interest

Cash quality79

Whether reported profit actually arrives as cash

Valuation73

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 71%
No promoter shares pledged
Strong 19% return on equity
Watch-outs
! Thin 6.2% net margin
! Operating cash flow is negative

What if I invest in TRANSRAILL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹410 +0.82%
latest close · 2026-09-17
52-wk low ₹40142 sessions so far52-wk high ₹508
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio12.8Low
LowAverageHigh
P/B ratio2.41Moderate
Below bookModerateHigh
EV / EBITDA6.6Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity18.9%Strong
WeakFairStrong ▸15%
Return on capital32.5%Strong
WeakFairStrong
Net margin6.2%Decent
ThinDecentStrong
EBITDA margin12.6%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.29Comfortable
LowModerateHigh ▸1
Interest cover3.6×Okay
RiskyOkayStrong ▸5×
Current ratio1.31Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹5,507 cr
Book value
₹170
EPS
₹8.04
latest quarter
Net debt
₹274 cr
owes more than its cash
Enterprise value
₹5,781 cr
EBITDA
₹876 cr
annualised
EBIT
₹798 cr
annualised
Operating margin
11.5%
Return on assets
5.9%
Earnings yield
7.84%
P/S
0.79
Sales / share
₹517.3
Tax rate
25.1%
Face value
₹2
Shares
13.4 cr
Working capital
₹1,529 cr
Current assets
₹6,426 cr
Current liabilities
₹4,897 cr
Delivery %
51.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹225 vs market price ₹410 — price is 82% above it
Safety cushion-82.4%(target ≥ +20%)
Models span ₹220₹230, midpoint ₹225
Model ₹225
Price ₹410
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,736 cr
Other Income₹17 cr
Total Income₹1,753 cr
Cost of Materials₹922 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-59 cr
Employee Benefit Expense₹87 cr
Finance Costs₹56 cr
Depreciation & Amortisation₹19 cr
Other Expenses₹584 cr
Total Expenses₹1,609 cr
Profit before Tax₹144 cr
Tax Expense₹36 cr
Share of JV / Associates₹32 L
Net Profit₹108 cr
Net margin on total income6.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹863 cr49.2%
Employee benefit expense₹87 cr4.9%
Finance costs₹56 cr3.2%
Depreciation & amortisation₹19 cr1.1%
Other expenses₹584 cr33.3%
Tax expense₹36 cr2.1%
Profit for the period₹108 cr6.2%
Total income ₹1,753 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,796 cr1,863 cr1,736 cr
Total income1,809 cr1,874 cr1,753 cr
Expenses1,641 cr1,727 cr1,609 cr
Profit before tax150 cr147 cr144 cr
Tax42 cr47 cr36 cr
Net profit (owners' share)110 cr97 cr108 cr
Net margin (owners' share, on revenue)6.1%5.2%6.2%
EPS (₹)8.177.198.04
YoY (latest quarter): total income +4.9% · net profit +1.9%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹7,354 cr
Shareholder equity
₹2,281 cr
parent shareholders
Total debt
₹659 cr
Cash
₹385 cr
Cash flow · H1 FY26
Operating
₹-27 cr
Investing
₹-77 cr
Financing
₹50 cr
Peer comparison
Heavy Electrical Equipment · by market value
CompanyPriceMarket capP/E
Siemens Limited₹3,764₹8.37 L cr97.6
ABB India Limited₹7,131₹1.51 L cr102.1
Bharat Heavy Electricals Limited₹429₹1.49 L cr99.4
Hitachi Energy India Limited₹31,230₹1.39 L cr118.3
CG Power and Industrial Solutions Limited₹880₹1.39 L cr110.6
GE Vernova T&D India Limited₹4,341₹1.11 L cr76.5
Siemens Energy India Limited₹3,109₹1.11 L cr62.8
Suzlon Energy Limited₹43₹58,505 cr48.3
Thermax Limited₹3,570₹40,210 cr398.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.22%
trailing 12 months
Dividend / share (TTM)
₹5
Last dividend
₹2
ex 11 Sep 2026
ActionDetailEx-date
Dividend₹2 / share11 Sep 2026
Dividend₹3 / share3 Aug 2026
Dividend₹0.8 / share4 Sep 2025
Who owns it · 2026-06-30
No pledge
Promoter
71.1%
FII / Foreign
2.5%
DII / Domestic
6.5%
Retail / others
19.9%
Smart-money activity
Insider trades
SoldAsiana Fund · Other10,333 · ₹82.6 L19 Sep 25
SoldAsiana Fund I · Other3.58 L · ₹28.9 cr16 Sep 25
SoldAsiana Fund I · Other1.19 L · ₹9.5 cr15 Sep 25
Bulk / block deals
short · NSE5725 Aug 26
short · NSE15 Aug 26
short · NSE5924 Jul 26
Stake changes
SoldAsiana Fund I, a Scheme of Asiana Alternative Fund→ 3.38% · 27.02 L16 Sep 25
SoldAsiana Fund I, a Scheme of Asiana Alternative Fund→ 5.39% · 27.30 L9 Jun 25
What shareholders were asked to approve
2 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 10 Sep 2026
See the official result
1
Approval to raise capital by way of qualified institutions placement(s) to eligible investors through an issuance of equity shares and/or other securities for an amount aggregating up to Rs. 600.00 Crore
Backed by 100% of shareholders other than promotersneeded 75%
44.72 L votes for, 3,887 against · 0% of mutual funds and other big investors said no
2
Approval of addition in main objects clauses in the memorandum of association (“MOA”) of the Company
Backed by 100% of shareholders other than promotersneeded 75%
35.36 L votes for, 3,742 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 27 named members
owning 71.1% between them · as of 2026-06-30
Ajanma Holdings Private Limited69.91%
Digambar Chunilal Bagde0.67%
Sandhya Digambar Bagde0.50%
Sanjay Kumar Verma0.04%
Anika Vermano shares
Burberry InfraPrivate Limitedno shares
Chanderkala Koulno shares
Digambar Bagde Ventures LLPno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.