Press Release on Strategic Entry into EV Machinery Segment.
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Trishakti Industries announced its planned entry into the EV Machinery segment, targeted for Q2 FY27, as part of its fleet diversification strategy. The company, currently an infrastructure equipment rental firm, serves clients such as Tata Steel, Adani Group, ONGC, and L&T. The new move aims to align with India's growing shift toward sustainable and electrified equipment across infrastructure and industrial sectors. The company has an ongoing ₹400 crore multi-year CAPEX program (FY25–FY27) focused on fleet expansion and operational efficiency. No specific order value, financial targets, or partner details were disclosed for the EV foray.
This is a forward-looking strategic announcement rather than an immediate revenue catalyst, so short-term stock impact may be limited. Over the longer term, successful entry into EV machinery could expand the company's addressable market, though execution and capital allocation risks remain since this is a new segment for the company.