Trishakti Industries Reports Breakout FY26 Results; Announces CAGR Target of ~80-85%

Trishakti Industries Reports Breakout FY26 Results; Announces CAGR Target of ~80-85%​

Kolkata, April 27, 2026 - Trishakti Industries Limited, a prominent infrastructure equipment rental company, today announced its financial results for the quarter and financial year ended March 31, 2026. The company reported robust growth, attributing its performance to strong fleet expansion, high utilization rates, and sustained demand across India's infrastructure and renewable energy sectors.

Trishakti Industries Limited noted an exceptional performance in both Q4 and FY26. The company recorded a revenue increase of 3.1 times year-over-year (YoY) and saw EBITDA rise 2.5 times YoY, signaling strong operating leverage and execution efficiency.

Standalone Financial Highlights​

The company’s standalone financials demonstrate substantial growth across key metrics:

Management Commentary and Expansion Focus​

Mr. Dhruv Jhanwar, Chief Executive Officer of Trishakti Industries Limited, stated that FY26 was a breakout year, reflecting strong execution across both operational and financial areas. He highlighted that Q4 delivered a sharp acceleration in growth, with revenue increasing approximately 3.1 times YoY. This rapid scale-up was attributed to increased fleet deployment and successful execution on large-ticket projects.

During the year, the company further accelerated its growth investments by deploying over ¥21,000 Lacs in capital expenditure (capex). This expenditure was significantly higher than the target of approximately %10,000 Lacs, enabling rapid fleet expansion and enhancing the company's capacity to service large-scale infrastructure requirements.

The aggressive capex deployment has resulted in a substantial scale-up of the business, with Total Assets rising to ¥28,910.35 Lacs.

Leveraging strong demand visibility and an expanding fleet, Trishakti Industries is targeting a revenue CAGR of approximately 80-85% over the medium term. This growth trajectory is supported by continued capex funding, high utilization levels, and deepening relationships with Tier-1 clients.

The company remains well-positioned to capitalize on sustained investments in India's infrastructure and renewable sectors. Future strategic focus areas include disciplined expansion, improving asset yields, and scaling into new verticals such as mining, ports, and offshore infrastructure.

Company Overview​

Established in 1985, Trishakti Industries Ltd is a leading provider of heavy equipment solutions, supporting critical infrastructure sectors including construction, railways, steel, power, and oil & gas. The company boasts a comprehensive fleet of advanced cranes, man-lifters, piling rigs, and earthmoving machinery, serving marquee clients such as Tata Steel, Adani Group, ONGC, and L&T.

The company’s ¥400 crore multi-year CAPEX program spanning FY25 through FY27 is centered on expanding fleet capacity, improving operational efficiencies, and capturing a growing share of India's large-scale project development market. Trishakti Industries continues to build a resilient, scalable platform for sustainable growth by focusing on asset-light, high-margin rental operations.

Stock Price Movement​

As of 15:29, shares of Trishakti Industries Ltd are ticking down, trading at ₹168.00, reflecting a 5.46% decline for the day. The equity has demonstrated considerable movement today, having ranged from a low of ₹162.00 to a high of ₹184.75.