Trishakti Industries Hits 5% Upper Circuit After Winning ₹52.5 Million Jindal Group Contract
In a strong display of investor confidence, shares of Trishakti Industries Limited, a leading infrastructure solutions provider in India, surged by 5% to hit the upper circuit on Tuesday. The stock rallied to a 52-week high of ₹191.4 on the BSE, following the announcement of a significant contract win worth ₹52.5 million from Jindal Stainless Limited.
What Triggered the Rally?
The rally was fueled by the company’s latest regulatory filing, in which it disclosed that it had secured a contract worth ₹5.25 crores (₹52.5 million) from Jindal Stainless Limited. This project, set to be completed in two months, involves the supply of advanced heavy earth-moving equipment for Jindal’s ongoing steel project. This is the second major contract from Jindal Stainless in recent months, indicating a strong and growing business relationship between the two companies.
Earlier, on February 20th, Trishakti Industries had received a similar contract from Jindal, valued at ₹3.7 crores, for a 3-month duration.
Past Contract Wins Highlight Growth Momentum
Trishakti Industries has been on an aggressive contract-winning spree:
- 7th April 2025: Secured a ₹2.5 crore contract from Larsen & Toubro (L&T) for supplying heavy equipment to their metro rail project.
- 29th April 2025: Won another ₹2.5 crore order from Tuaman Engineering Limited for the supply of earth-moving machines for a steel plant project.
These wins underscore the company’s strong capabilities in delivering reliable heavy equipment solutions and its rising stature in India’s booming infrastructure space.
Stock Performance: A True Multibagger
Over the past year, Trishakti Industries has delivered a staggering 212% return, firmly positioning itself as a multibagger stock. In just the past month, the stock has surged over 37%, drawing attention from both retail and institutional investors alike.
With a market capitalisation of ₹291 crores, Trishakti is gaining prominence as a key player in the infrastructure and heavy machinery rental industry.
Financial Snapshot: Mixed Results, but Strong Profit Growth
Despite reporting a steep decline in revenues in Q4 FY25, Trishakti Industries delivered an impressive growth in net profits:
- Revenue from operations fell 96% YoY, from ₹53.84 crores in Q4 FY24 to ₹2.05 crores in Q4 FY25.
- Net profit, however, jumped nearly 491% YoY, increasing from ₹0.22 crores to ₹1.3 crores.
This growth in profitability despite lower revenues demonstrates the company’s strong cost-control measures and improving margins.
The company also has an ambitious ₹400 crore multi-year CAPEX plan (FY25–FY27) aimed at expanding its equipment fleet, enhancing operational efficiencies, and capitalising on India’s growing infrastructure development.
About Trishakti Industries
Trishakti Industries Limited is an emerging infrastructure solutions company with expertise in hiring out heavy earth-moving equipment across sectors like steel, cement, construction, and railways. The company recently diversified into crane hiring services, focusing on high-growth infrastructure segments. With a wide range of advanced machinery and increasing demand for infrastructure in India, Trishakti is well-positioned for sustainable growth.
Key Financial Ratios of Trishakti Industries Limited
| Parameter | Value |
|---|---|
| Market Cap | ₹289 Crores |
| Current Price | ₹177 |
| 52-Week High / Low | ₹191 / ₹43.6 |
| Stock P/E | 81.2 |
| Book Value | ₹16.1 |
| Dividend Yield | 0.08% |
| Return on Capital Employed (ROCE) | 14.4% |
| Return on Equity (ROE) | 19.2% |
| Face Value | ₹2.00 |
Q&A: Simplifying the News for You
Q1: Why did Trishakti Industries stock hit the upper circuit?
A1: The stock hit the upper circuit after the company announced a ₹52.5 million contract win from Jindal Stainless Limited, boosting investor confidence.
Q2: How much has the stock gained recently?
A2: Trishakti Industries has delivered a 212% return in the past year and gained over 37% in just the last month.
Q3: What does the new contract involve?
A3: The contract involves supplying advanced heavy equipment to Jindal Stainless for their ongoing steel project. The project is expected to last for two months.
Q4: Has the company secured similar deals recently?
A4: Yes, it has secured multiple contracts in 2025 from L&T, Tuaman Engineering, and another earlier contract from Jindal Stainless.
Q5: What are the company’s financial highlights?
A5: Despite a 96% drop in revenue in Q4 FY25, net profit grew by 491% YoY, showcasing better margins and profitability.
Q6: What is Trishakti’s long-term growth plan?
A6: The company has outlined a ₹400 crore CAPEX plan from FY25 to FY27 to expand fleet capacity and operational efficiency.
Q7: What sectors does Trishakti serve?
A7: It operates in infrastructure-heavy sectors such as steel, cement, railways, and construction, offering equipment hiring and now crane services.
This news highlights Trishakti Industries’ rising prominence in India’s infrastructure development sector and its growing relationships with industry giants. With steady contract wins and a clear expansion plan, the company appears poised for further upside, making it a stock worth tracking closely.
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