Trishakti Completes FY26 CapEx Early With Strong Expansion

18 Nov 2025 CW Team

Completing the entire FY26 investment ahead of plan highlights the company’s strategic clarity, swift execution and confidence in emerging opportunities. Despite the early months of the financial year typically being a lean period for project mobilisation, Trishakti accelerated deployments, ensured timely deliveries, and rolled out assets across priority projects without delay.

The expansion has significantly strengthened its high-tonnage fleet, with the addition of advanced crawler cranes, mobile lifting systems and specialised industrial equipment suited to India’s fast-growing steel, renewable-energy, rail and industrial construction markets. The fleet is currently operating at full utilisation across more than 20 large projects, supported by marquee partners including Larsen & Toubro, Reliance, JSW, Tata Projects, KEC International, ITD Cementation and others.

Management Commentary Chief Executive Officer Mr Dhruv Jhanwar said: “Achieving our Rs 1 billion CapEx target for FY26 ahead of schedule is a proud moment for all of us at Trishakti. It reflects disciplined growth and our ability to move decisively when opportunities arise. We pushed through what is usually a lean period, ensuring timely arrival of equipment and maximising utilisation across projects. This early deployment positions us strongly for the upcoming infrastructure upcycle and reinforces our standing as one of India’s fastest-expanding heavy equipment-hiring companies.”

With the CapEx now fully deployed, the company expects strong revenue visibility, improved cash flows and higher operating yields in the coming quarters. The newly added assets are projected to generate a 22–25 per cent Return on Capital Employed, supported by consistently high fleet utilisation of 100 per cent across sectors.

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Trishakti Industries has successfully completed its planned Rs 1 billion capital expenditure for FY26 well ahead of schedule, marking a major milestone within its ongoing Rs 4 billion CapEx programme for FY25–FY28. With this achievement, the company’s cumulative investment across FY25 and FY26 now exceeds Rs 1.5 billion, underscoring the scale of its expansion and its strong conviction in India’s rapidly growing infrastructure and renewable-energy sectors. Completing the entire FY26 investment ahead of plan highlights the company’s strategic clarity, swift execution and confidence in emerging opportunities. Despite the early months of the financial year typically being a lean period for project mobilisation, Trishakti accelerated deployments, ensured timely deliveries, and rolled out assets across priority projects without delay. The expansion has significantly strengthened its high-tonnage fleet, with the addition of advanced crawler cranes, mobile lifting systems and specialised industrial equipment suited to India’s fast-growing steel, renewable-energy, rail and industrial construction markets. The fleet is currently operating at full utilisation across more than 20 large projects, supported by marquee partners including Larsen & Toubro, Reliance, JSW, Tata Projects, KEC International, ITD Cementation and others. Management Commentary Chief Executive Officer Mr Dhruv Jhanwar said: “Achieving our Rs 1 billion CapEx target for FY26 ahead of schedule is a proud moment for all of us at Trishakti. It reflects disciplined growth and our ability to move decisively when opportunities arise. We pushed through what is usually a lean period, ensuring timely arrival of equipment and maximising utilisation across projects. This early deployment positions us strongly for the upcoming infrastructure upcycle and reinforces our standing as one of India’s fastest-expanding heavy equipment-hiring companies.” With the CapEx now fully deployed, the company expects strong revenue visibility, improved cash flows and higher operating yields in the coming quarters. The newly added assets are projected to generate a 22–25 per cent Return on Capital Employed, supported by consistently high fleet utilisation of 100 per cent across sectors.

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