Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Press Release -Press Release-Strategic MoUs ....
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Trishakti Industries signed two strategic Memorandums of Understanding at EXCON 2025 in Bengaluru for purchasing heavy equipment. The first is with XCMG Group valued at approximately Rs 150 crores for high-capacity cranes, earthmoving machinery, and specialized industrial equipment. The second is with LiuGong India worth around Rs 25 crores for boom lifters. The procurement will be done in phases aligned with customer contracts and capital allocation. Separately, the company revealed it has already deployed cumulative capital expenditure of over Rs 200 crores (inclusive of taxes) toward fleet expansion, significantly surpassing its original targets of Rs 50 crores for FY25 and Rs 100 crores for FY26 combined.
This signals aggressive fleet expansion well ahead of plan, which should strengthen Trishakti's revenue capacity in the infrastructure equipment rental space and potentially improve future order book visibility. However, the substantially higher-than-planned CapEx also raises questions about capital intensity, leverage, and return on these investments. Short-term stock reaction may be positive on growth momentum, but investors should watch for margin trends and debt levels.