TIL Ltd
NSE:TIL
TIL Ltd
TIL Ltd. engages in manufacturing and marketing of material handling, lifting, port, and road construction solutions. The company is headquartered in Kolkata, West Bengal and currently employs 1,205 full-time employees. The firm is engaged in manufacturing and marketing a range of material handling, lifting, port and road construction solutions with integrated customer support and after sales service. The firm operates through one segment, materials handling solutions (MHS). The materials handling solutions segment is engaged in manufacturing and marketing of various material handling equipment, namely mobile cranes, port equipment, self-loading truck cranes, road construction equipment and dealing in spares and providing services to related equipment. The Company’s products and services include derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane. The firm has two manufacturing facilities at Kamarhatty and Kharagpur in West Bengal.
TIL Ltd. engages in manufacturing and marketing of material handling, lifting, port, and road construction solutions. The company is headquartered in Kolkata, West Bengal and currently employs 1,205 full-time employees. The firm is engaged in manufacturing and marketing a range of material handling, lifting, port and road construction solutions with integrated customer support and after sales service. The firm operates through one segment, materials handling solutions (MHS). The materials handling solutions segment is engaged in manufacturing and marketing of various material handling equipment, namely mobile cranes, port equipment, self-loading truck cranes, road construction equipment and dealing in spares and providing services to related equipment. The Company’s products and services include derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane. The firm has two manufacturing facilities at Kamarhatty and Kharagpur in West Bengal.
Turnaround Year: TIL posted its highest revenue and EBITDA in at least 5 years, marking a sharp turnaround under new management after the Gainwell Group acquisition.
Strong Revenue Growth: FY25 revenue jumped to INR 343 crores, a 4x increase over the prior year, driven by higher volumes and expanded product offerings.
Profitability Restored: EBITDA of INR 40 crores and net PAT of INR 2.9 crores both swung positive after several years of losses, with EBITDA margin at 11.73%.
Operational Efficiency: Inventory days were reduced significantly from 1,061 to 227, reflecting better working capital management.
Product Expansion: 242 machines were sold in FY25 versus 58 last year, and several new products, especially for defense and export, are in the pipeline.
Strategic Partnerships: Key alliances with Manitowoc, Hyster-Yale, and Snorkel were renewed or broadened for expanded product range and export focus.
Debt Reduction Focus: Planned fundraising through QIP and preferential warrants will be used mainly to reduce debt and support future growth and capex.
Optimistic Outlook: Management expects continued revenue growth and sustained EBITDA margins, with strong demand from domestic infrastructure and international markets.
