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Transrail Lighting Limited (TRANSRAILL) Fair Value & Analysis

Industrials · IN · Market cap ₹69.6B

TL Transrail Lighting Limited TRANSRAILL · NSE
Price₹518.75
Fair Value₹631.29
Upside+21.7%
Quality46/100
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Evidence: High Range ₹473.46 – ₹1,340

Fair value as of: Jul 3, 2026

From 26 valuation models · updated today

Share price +4.8% over the past month.

Price vs Fair Value (12 months)

₹804.37 ₹452.00 Fair Value ₹631.29 Jul 2025 Jul 2026

12‑month range ₹452.00 – ₹804.37 · fair‑value band ₹473.46 – ₹1,340 · the ₹518.75 price screens below the ₹631.29 fair value. As of Jul 3, 2026.

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Analysis

Transrail Lighting Limited (TRANSRAILL) currently trades at ₹518.75, while our model-based Fair Value estimate is ₹631.29 — implying the stock looks roughly 21.7% undervalued today. We read business quality at 46/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Transrail Lighting Limited generated revenue of ₹67.8B at a net margin of 6.0%. Revenue declined 5.7% year over year. It earns a return on equity of 19.4%. Net debt stands at ₹2.7B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹67.8B
Revenue growth (YoY) -5.7%
Net margin 6.0%
Return on equity 19.4%
Free cash flow ₹3.9B FY2026
P/E ratio 17.4
More key figures
Operating margin 10.4%
EPS (TTM) ₹29.89
Dividend yield 0.4%
EPS growth (YoY) -27.8%
Net debt ₹2.7B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Transrail Lighting Limited, an engineering, procurement, and construction (EPC) company, engages in the designing, manufacturing, testing, installation, and supply of galvanized steel structures and conductors for power transmission and distribution in India and internationally. The company also provides EPC for civil construction, such as bridges, tunnels, elevated roads, and cooling towers; solutions for solar renewable projects including Solar plant, BESS, Pooling substations, and Grid connectivity manufacturer, supply, installation, testing, and commissioning service for poles and lighting; and overhead electrification, signaling and telecommunication services, earthwork, track linking, and other composite work for railway. It serves public sector undertakings, governmental authorities, and private companies. The company was founded in 1984 and is headquartered in Mumbai, India. Transrail Lighting Limited operates as a subsidiary of Ajanma Holdings Private Limited.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Transrail Lighting Limited reported revenue of ₹67.8B in FY2026 versus ₹22.8B in FY2022, a compound +31.3%/yr. Reported net income was ₹4.0B in FY2026, compounding +58.0%/yr from FY2022.

Revenue +31.3%/yr
FY22 ₹22.8B
FY23 ₹30.9B
FY24 ₹40.1B
FY25 ₹52.1B
FY26 ₹67.8B
Net income +58.0%/yr
FY22 ₹647M
FY23 ₹1.1B
FY24 ₹2.3B
FY25 ₹3.3B
FY26 ₹4.0B

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Frequently asked questions

Is Transrail Lighting Limited (TRANSRAILL) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹631.29 versus a price of ₹518.75 — about +22% (undervalued). Model-based estimate, not financial advice.
What is the fair value of TRANSRAILL?
Our model-based fair value for Transrail Lighting Limited is ₹631.29 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹518.75.
What is the quality score of TRANSRAILL?
Transrail Lighting Limited has a Quality Score of 46/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Transrail Lighting Limited (TRANSRAILL)?
Transrail Lighting Limited reported trailing-twelve-month revenue of about ₹67.8B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of TRANSRAILL?
The net profit margin of Transrail Lighting Limited is about 6.0%, meaning it keeps roughly 6.0% of revenue as net income. Based on the latest reported figures.
Does Transrail Lighting Limited pay a dividend?
Transrail Lighting Limited currently shows a dividend yield of about 0.38% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.