Stock under ₹150 jumps 8% after bagging significant order from Reliance Industries

Synopsis: This heavy earthmoving equipment stock jumped 8% after the company announced its bagging of a Rs 2.65 crore order and Rs 21 crore capex for the same from Reliance Industries for the hire of machines with manpower support for a large industrial project.

This company, which is a leading infrastructure solutions provider in India, specialising in the rental and leasing of heavy earth-moving equipment for large industrial and construction projects, had its shares in momentum today after bagging a Rs 2.65 crore order from Reliance Industries. 

With the market cap of Rs 240 crore, the shares of Trishakti Industries Ltd had hit their intraday high at Rs 154.80, compared to their previous day’s closing price of Rs 143.35. The shares are trading at a PE of 53.4, whereas their industry PE is at 21.6. The shares have given a return of more than 10,000% over the last 5 years.

About the order.

Trishakti Industries has been awarded a domestic work order for the deployment of advanced machinery along with skilled manpower, with immediate effect and having a contractual period of six months. It includes the hire of machines with manpower support for a large industrial project, which establishes the ability of the company to offer asset-intensive services within a short period of time.

To implement this mandate, the company has initiated a fresh capital expenditure of around ₹210 million, which is Rs 21 crore, which is intended to acquire better machinery. This will improve Trishakti’s capabilities for handling larger-scale projects.

Even though the contract value is believed to be above ₹26.5 million, which is Rs 2.65 crore, it seems that they aim for immediate scalability through this capex approach.

Strategically, the order enhances the revenue visibility and operational leverage in the near term. The three-pronged approach of execution, working capital backing, and manpower integration makes the company optimally placed to harvest its increased equipment base going forward.

Taking a holistic view, this agreement aligns well with Trishakti Industries’ execution-focused growth plans and helps to further strengthen its positioning in the infrastructure and industrial service sector.

Financials and more. 

The revenue from operations for the company stands at Rs 6.65 crores in Q2 FY26 compared to the Q2 FY25 revenue of Rs 2.85 crores, up by about 133 per cent YoY. Similarly, the net profit stood at Rs 1.59 crore in Q2 FY26, up from Rs 0.87 crore in Q2 FY25.

The customer and industry profile mentions the strong play that Trishakti Industries has in basic infrastructure and industry segments, which is due to their connections with some top corporate as well as PSU clients like Larsen & Toubro, Reliance, Tata Group of Companies, Adani Groups, ONGC Groups, NCC, Tata Steel, Power Grid Corporation of India Ltd., and Jindal Stainless Limited. 

They cater to various sectors that belong to construction/instructions, telecoms, transportation & railways, and energy & power sectors that involve building & infrastructure development projects, telecom tower & desc communicate infrastructure projects, railway & airport works projects, generation projects in power sectors, renewable energy projects in energy sectors, oil & gas infrastructure projects in energy sectors, as well as utility installation projects in infrastructure sectors.

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