TIL Limited Reports Q1FY26 Results With Stabilised Operations, Strong Order Book Growth And Strategic Product Pipeline

• Q1FY26 Total Revenue at ₹70.71 crores with positive EBITDA of ₹1.05 crores

• Strong order book growth of 25% with current position at ₹100+ crores

• Robust order pipeline visibility of over ₹200 crores providing strong future growth foundation

• Material cost optimisation achieved 2.5% reduction through indigenisation initiatives

• Three product launches scheduled across port equipment and infrastructure sectors

TIL Limited (NSE: TIL), a cornerstone in India's material handling and infrastructure equipment manufacturing sector, has announced its financial results for the 1st quarter ended June 30th, 2025, reflecting gradual stabilization of operations. TIL Limited has built a healthy orderbook of over ₹100 Crore and a robust pipeline of over ₹200 Cr.

Material cost in Q1FY26 has come down by ~2.5%, compared to 1st quarter of last year indicating indigenisation, import substitution and alternate sourcing solutions. The company continues to capitalise on India's robust infrastructure development cycle while strengthening its market leadership through operational excellence and innovative product development initiatives.

PAT stood at -₹6.22 Crore, while EBITDA stood at ₹ 1.05 Cr in Q1FY26 as compared to ₹ 5.00 Cr in Q1FY25. This is attributable to increased investments in key workforce hires and changes in product mix, which are anticipated to generate returns in the future.

This outcome is in line with management’s expectations and reflects strategic decisions, and market conditions that are expected to position the Company for sustainable long-term growth. The quarter was impacted by temporary market headwinds, including global tariff uncertainties, INR depreciation against the USD, and seasonal demand patterns. Additionally, the broader material handling industry experienced a contraction, with machine sales declining 21% in June 2025 compared to June 2024 (source: ICEMA).

Quarterly Financial Highlights (Standalone):

“Our strong fundamentals are clearly reflected in our 25% order book growth and robust pipeline visibility exceeding ₹200 crores. Through strategic indigenisation and local sourcing initiatives, we have successfully reduced material costs by ~ 2.5%, demonstrating our commitment to operational excellence. As we enter what promises to be a transformative year, our unwavering focus on business excellence, governance, and customer-centricity positions us to deliver sustained value creation for all stakeholders.” said Mr. Alok Kumar Tripathi, President, TIL Limited

“We are planning to unveil and launch three new products in the coming months. This includes one specialised machine for port operations, one machine for medium-to-large infrastructure projects and one unique product aimed at both retail and institutional customers which is a potential game changer that is likely to offer transformative operational efficiency to our customers.” said Mr. Pinaki Niyogy, COO & CTO, TIL Limited, and Head of TIL Defence.

TIL Limited is poised to continue its trajectory of growth and transformation through FY26, leveraging operational strengths and an expanding portfolio tailored to India’s strategic sectors. The Company remains committed to driving Atmanirbhar Bharat and Make in India initiatives with cutting-edge indigenous solutions.

About TIL Limited:

Established in 1944, TIL Limited is a leading Indian manufacturer of material handling and infrastructure equipment. Headquartered in Kolkata with a pan-India presence, TIL is renowned for its robust, high-quality products and innovative design. The company operates two state-of-the-art manufacturing facilities in Eastern India, equipped with cutting-edge R&D centres. TIL serves diverse industries, including material handling, construction, mining, and defence, among others. With ISO 9001:2015 certification, TIL maintains global quality standards and has strategic alliances with international industry leaders. For eight decades, TIL has been an integral partner in India's infrastructure development, combining skilled artisanship with a commitment to corporate social responsibility. Industries Served: Material Handling, Ports, Construction and Road Building, Mining, Oil and Petrochemicals, Steel, Railways/Airport, Power, Pharma and Defence. Global alliances are with the Manitowoc Company, Inc. of USA, and Hyster® (a part of Hyster-Yale Group, Inc.) of USA. As a responsible corporate citizen, TIL has been engaged in numerous CSR initiatives aimed at the betterment of society, community, and environment.