Trishakti Industries Secures Major Contract from Larsen & Toubro
In a significant development for the infrastructure sector, Trishakti Industries Ltd. announced on November 10 that it has secured a substantial work order from engineering giant Larsen & Toubro Ltd. (L&T). The company disclosed this milestone through a regulatory filing, marking a key achievement that underscores its growing capabilities.
Details of the L&T Work Order and Capital Investment
The newly secured contract involves the deployment of advanced machinery and skilled manpower at one of L&T's flagship project sites. The order is valued at an impressive ₹6 crore.
To efficiently execute this project, Trishakti Industries has committed to a fresh capital expenditure of approximately ₹60 million (inclusive of taxes). This investment is directed towards the acquisition of state-of-the-art machinery, enhancing the company's operational capacity.
The project execution is scheduled to commence on November 21, 2025, and is expected to span a duration of 11 months. With this new order, the company's cumulative capital expenditure for the fiscal year 2026 (FY26) now stands at approximately ₹910 million.
Strategic Growth and Strong Financial Performance
This order from a blue-chip client like L&T reinforces Trishakti Industries' strategic focus on building a high-capacity fleet to serve marquee clients in the infrastructure and heavy industries segment. The company stated that this win "reinforces the growing trust of top-tier corporates in our execution capabilities and asset strength," which is anticipated to lead to "stronger revenue visibility and profitability in the upcoming quarters."
Trishakti Industries boasts an impressive client portfolio that includes industry leaders such as Larsen & Toubro, Reliance, Jindal Group, KEC International, and ITD Cementation. This solidifies its position as a preferred partner for large-scale, compliance-ready infrastructure projects.
Complementing this operational success, the company recently reported a robust financial performance for the second quarter of FY26 (Q2 FY26). Its revenue from operations surged to ₹6.65 crore, representing a massive 213% year-on-year (YoY) growth from ₹2.12 crore in Q2 FY25, and a 63% quarter-on-quarter (QoQ) increase.
Furthermore, the company's EBITDA grew to ₹3.92 crore, marking a 45% QoQ and an astounding 374% YoY growth. This performance was driven by improved asset productivity, disciplined cost management, and operational leverage across its more than 20 active project sites.
Backed by strong order visibility and a Tier-1 client base, Trishakti Industries remains confident in achieving its ambitious FY28 revenue target of ₹90–100 crore. The company also targets healthy operating margins in the range of 60–65% as its operations scale up.
Stock Performance Overview
Despite the positive news flow, the company's shares have faced some pressure in the short term, declining over the last three months and recording a 12.34% drop in November. However, taking a long-term view reveals a phenomenal performance. The stock has delivered returns of 576% over two years, 1,200% over three years, and a staggering 7,661% over the last five years.
