TIL Ltd Reports Q2 FY26 Results with Enhanced Order Book Position, Strong Execution Momentum

Kolkata, November 11, 2025: Leading material handling and infrastructure equipment manufacturer TIL Limited has announced its Q2 FY26 financial results showing revenue growth and operational progress amid strategic investments and product innovation. The company is positioned for stronger performance in the second half of FY26, supported by a growing order book and new product launches.

In terms of revenue growth and operational improvement, TIL Limited reported a 12 per cent year-on-year increase in revenue to INR 81.45 crore in Q2FY26, with EBITDA rising 211 per cent quarter-on-quarter to INR 3.27 crore, reflecting improved execution and operational stability. On the profit and investments front, despite a net loss (PAT of INR (7.72) crore), the company continues to invest significantly in new product development and workforce to strengthen its aftermarket coverage and wide –ranging indigenisation efforts, expected to yield positive results in future quarters.

The company’s order book stands healthy at over INR 200 crore, with positive early market feedback on upcoming products and optimism for improved financial performance in H2FY26 driven by infrastructure sector growth. In the context of product launches and strategic positioning TIL plans to launch three new safety-focused material handling products at Excon 2025, aiming to unlock new market categories and leverage government infrastructure investments, supported by enhanced product portfolio and cost efficiencies.

“Q2FY26 represents a period of steady progress, with encouraging signs across our focus areas of operational excellence, product innovation, and market expansion. Our order book remains healthy, supported by continued advances in product development and efficiency initiatives, providing a constructive outlook as we move into the seasonally stronger second half of the fiscal year. Early market feedback on our upcoming products has been positive, reinforcing our ongoing innovation efforts. We remain optimistic about delivering continued improvement through the rest of FY26, underpinned by India’s sustained infrastructure investment cycle, our strengthening capabilities, and a growing pipeline of opportunities across diverse customer segments,” said TIL Limited President Alok Kumar Tripathi.

TIL Limited enters the second half of FY26 with stable fundamentals, clear execution visibility, and positive momentum across operational metrics. The company expects H2FY26 to demonstrate significantly improved financial performance driven by order book conversion, incremental revenue contribution from new products, and operational leverage benefits as volumes scale. Despite a substantial forex impact due to the sharp depreciation of the Indian Rupee in H1 FY26, TIL’s operational costs remain largely unaffected.

The company is set to launch three new products in the upcoming equipment exhibition, Excon 2025. The event will witness the unveiling of industry safety focused material handling equipment from the iconic manufacturer’s stable. This marks the start of a wide range of new products that the company has been investing in. The new products are expected to unlock new categories and help TIL further strengthen its market share.

The infrastructure equipment sector outlook remains favourable despite temporary market headwinds driven by macroeconomic issues such as global tariff uncertainties. This outlook is underpinned by government capital expenditure priorities across ports, highways, and defence infrastructure, alongside accelerating private sector project activity. TIL is strategically positioned to capture these opportunities through its expanding product portfolio, competitive cost structure , proven execution track record, and reputation for engineering excellence and reliability. The company remains committed to delivering sustainable value for all stakeholders while contributing to India’s infrastructure development and self-reliance objectives.