Tarachand Infralogistic Solutions kicked off FY27 with an 11% YoY revenue growth, reaching ₹67.6 Cr.
The Equipment Hiring & Projects segment saw a robust 55% surge, with renewable energy and power now contributing over 50% of rental revenue.
Profit After Tax (PAT) for the quarter was ₹1.7 Cr, a 74% decline, primarily due to specialized services margins halving from client-led project scope changes that idled equipment, and a softer warehousing period.
Despite this, cash profit remained solid at ₹17.6 Cr, and the balance sheet improved, with net debt at 0.87x equity.
The company is targeting 20-25% annual revenue growth, supported by a planned ₹80-100 Cr capex in FY27 to expand its fleet, focusing on high-tonnage equipment.
A key strategy is securing specialized service contracts.
Recent developments include ₹42.8 Cr capex in Q1 and the incorporation of Tarachand Metallix Limited for metal processing.
Management anticipates lower margins in the first half, with a strong recovery expected in the second half as operations stabilize.
The executable order book stands at ₹204.82 Cr, underpinning the growth outlook.
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