TARA CHAND INFRA SOLN LTD

Rents heavy construction equipment and provides logistics and warehousing services. The Equipment Hiring & Projects segment (Segment A) contributed 59.7% of FY26 segment revenue at ₹170.04 crore, made up of cranes, batching plants and similar machinery leased to construction, infrastructure, cement, power and renewable-energy clients; Warehousing & Transportation (Segment B) added 37.4% at ₹106.45 crore, while Steel Processing & Distribution (Segment C) was a small 2.9% line at ₹8.36 crore. The fleet stood at 427 machines with an average age under six years, and the renewable-energy share of equipment rental revenue tripled to 15% in FY26 from 5% in FY25. FY27 executable order book was ₹211.7 crore, of which 64% was equipment hiring/projects and 37% warehousing and transportation. The company has also incorporated Tarachand Metallix as a wholly-owned subsidiary for metal processing, with operations not expected before H2 FY28. The cost base is dominated by other operating expenses (47.6% of revenue) and depreciation (20.8% of revenue), reflecting the equipment fleet, while employee costs were 13.3% and materials were 0% of revenue.