Trishakti Industries Powers Ahead with Rs 135 Million Capex and Reliance Contract Worth Over Rs 37 Million

Trishakti Industries Ltd, a leading infrastructure solutions provider, has announced a major operational milestone with the receipt of a significant order from Reliance Industries Ltd for heavy lifting equipment. The contract, valued upwards of Rs 37 million, marks a pivotal moment in Trishakti’s transition toward high-growth infrastructure services. To support this deployment, the company has undertaken a fresh capital expenditure of Rs 135 million for hydraulic cranes, reinforcing its commitment to scaling capacity and meeting the demands of India’s evolving industrial landscape.

 

Key Highlights from the Announcement

 

- Received a new contract from Reliance Industries for deployment of advanced hydraulic truck-mounted cranes

- Contract value estimated to exceed Rs 37 million, inclusive of taxes

- Capital expenditure of Rs 135 million completed for crane procurement

- Equipment to be deployed for a renewable energy project under Reliance

- Contract duration set for 12 months starting July 20, 2025

- Trishakti confirms no related party involvement in the transaction

 

Reliance Order: A Strategic Win in Renewable Infrastructure

 

The order from Reliance Industries represents a breakthrough for Trishakti’s equipment leasing division, particularly in the renewable energy segment.

- The project involves deployment of high-capacity hydraulic truck-mounted cranes

- Skilled manpower will accompany the equipment to ensure seamless operations

- The contract is domestic in nature and spans a full year

- Trishakti’s equipment will support critical lifting operations in solar and wind energy installations

- The company expects meaningful revenue contribution from this engagement in the coming quarters

 

Capex Deployment: Building a Future-Ready Fleet

 

To fulfill the Reliance order and prepare for future contracts, Trishakti has executed a Rs 135 million capital expenditure plan focused on fleet enhancement.

- The investment includes procurement of new-generation hydraulic cranes with higher lifting capacity and fuel efficiency

- This marks the largest single capital outlay by Trishakti for a single project

- The cranes are designed for rapid mobilization and multi-terrain adaptability

- The company’s cumulative capex for FY26 has now reached Rs 250 million

- Trishakti aims to achieve a monthly gross yield of 2.7 percent and net yield of 2.2 percent from the new assets

 

Market Positioning and Strategic Outlook

 

Trishakti Industries is rapidly evolving from a niche equipment supplier to a full-scale infrastructure enabler.

- The company has shifted focus from oil and gas drilling support to crane hiring and heavy lifting services

- Strategic partnerships with Tata Steel, L&T, and Jindal Group have expanded its client base

- Trishakti is executing a Rs 400 crore capex plan from FY25 to FY27 to modernize its fleet

- The company is targeting medium to large-scale projects with long lifespans and high-margin potential

- Plans are underway to introduce digital crane rental platforms and expand into offshore lifting operations

 

Investor Sentiment and Share Performance

 

The announcement has sparked positive momentum in Trishakti’s stock, reflecting investor confidence in its growth trajectory.

- Shares traded at Rs 179.95 on the BSE, down 0.26 percent amid broader market volatility

- Analysts expect the Reliance contract to boost Q2 earnings and improve asset utilization

- The company’s promoter holding remains stable, with no related party transactions reported

- Trishakti’s valuation metrics remain attractive, with strong operating margins and low debt levels

 

Conclusion: Lifting Ambitions, One Crane at a Time

 

Trishakti Industries’ latest contract with Reliance and its Rs 135 million capex signal a company on the rise. By aligning its fleet strategy with India’s infrastructure boom and renewable energy push, Trishakti is positioning itself as a key player in the heavy equipment leasing space. With disciplined execution, strategic partnerships, and a robust capex pipeline, the company is well-poised to deliver long-term value to stakeholders.

 

Sources: Business Standard, Trishakti Industries official filing, MarketScreener