TIL Limited (NSE: TIL), an Indian manufacturer of material handling and infrastructure equipment, reported strong growth in revenue and EBITDA for the first quarter of FY27, supported by order execution and the initial contribution from its newly acquired Tulip Compression Private Limited (TCPL). On a consolidated basis, TIL and TCPL reported revenue of ₹117 crore for Q1 FY27, while consolidated EBITDA stood at ₹7.32 crore, representing an EBITDA margin of 6.2%. Consolidated net worth stood at ₹272 crore as of June 30, 2026.
On a standalone basis, TIL’s operating revenue increased approximately 25% year-on-year to ₹79 crore from ₹63 crore. Standalone EBITDA more than tripled to ₹3.39 crore from ₹1.05 crore, while the EBITDA margin improved to 4.3% from 1.5% in Q1 FY26.TCPL, which was acquired by TIL in May 2026, reported standalone revenue of ₹39 crore and EBITDA of ₹3.96 crore during the quarter. The results include only a part-quarter contribution following its acquisition.
Order execution remained a key driver of TIL’s performance. The company delivered nine Reach Stackers during Q1 FY27, its highest quarterly delivery since the new management took charge. TIL is targeting a 38-40% market share in the Reach Stacker segment over the coming year.
TIL’s standalone order book stood at ₹211 crore as of the quarter-end. This included ₹187 crore of firm executable orders for prime products and ₹24 crore from aftermarket business.The standalone enquiry pipeline stood at ₹373 crore, comprising ₹356 crore in prime products and ₹17 crore in aftermarket opportunities. On a consolidated basis, the TIL and TCPL order book stood at ₹539 crore, including ₹406 crore of prime product orders and ₹133 crore of aftermarket business.
The consolidated enquiry pipeline stood at ₹490 crore, with ₹451 crore in prime products and ₹39 crore in aftermarket opportunities.The two companies are also placing greater emphasis on aftermarket services, which are expected to provide a steady revenue stream alongside equipment sales.
Sunil Kumar Chaturvedi, Chairman and Managing Director, TIL Limited, said the company had made an encouraging start to FY27, with higher revenue, EBITDA and margins. He said the company would continue to focus on execution, cost control and operating efficiency while working to improve its cost structure and reduce finance costs.
Alok Kumar Tripathi, Executive Director and CEO, TIL Limited, said Q1 marked further progress in TIL’s transformation into a diversified engineering company covering defence, material handling and clean energy. He said order book execution and the expanding opportunity pipeline across TIL and TCPL provide a strong base for the rest of FY27.
TCPL has also strengthened its international credentials. Its products are PESO certified in India and the company has secured SONCAP certification and ISO 16923 compliance across its compression product portfolio. These certifications support its plans to undertake compression equipment projects in Nigeria and strengthen its position in India’s City Gas Distribution market.
Founded in 1944, TIL Limited is a prominent Indian company specializing in material handling and infrastructure equipment. Based in Kolkata and operating across the country, TIL is recognized for its durable, high-performance products and forward-thinking design approach. The company runs two advanced manufacturing units in Eastern India, each supported by modern research and development centres, allowing it to consistently deliver innovative and reliable solutions.
TIL caters to a broad spectrum of sectors, including construction, ports, mining, defence, oil and gas, steel, railways, airports, and pharmaceuticals. The company holds ISO 9001:2015 certification, ensuring adherence to international quality standards. Over the years, it has built strategic partnerships with global leaders such as The Manitowoc Company, Inc., and Hyster®—a brand under the Hyster-Yale Group, Inc.—strengthening its capabilities and expanding its technological footprint.
With nearly eight decades of contribution to India’s infrastructure landscape, TIL continues to blend traditional craftsmanship with modern engineering excellence. Beyond its industrial impact, the company is deeply committed to corporate social responsibility, actively engaging in initiatives that support education, community welfare, and environmental sustainability.
