Rs. 105.39 crore purchase order placed with XCMG for 60 units of cranes and boom lifts

Trishakti has placed a purchase order with XCMG worth about ₹105.39 crore for 60 machines — 11 crawler cranes, 10 truck-mounted cranes and 39 articulated boom lifts.

Mon 28 Sep 2026

Purchase Order Value

₹105.39 crore

Equipment Units Ordered

60 machines (11 crawler cranes, 10 truck-mounted cranes, 39 articulated boom lifts)

Remaining Capex Budget

₹130–140 crore under ₹400 crore cumulative plan

Current Fleet Size

155–158 machines

Fleet Target by FY27

200+ units

What was announced

Trishakti Industries, an infrastructure equipment rental company, has placed a purchase order with XCMG, a global construction machinery maker, for 60 units of heavy lift and aerial work platforms at an aggregate value of about ₹105.39 crore.

Important: this is equipment the company is buying for its own rental fleet. It is capital expenditure, not a contract won from a customer.

What is being bought

• 11 crawler cranes: ten 150-tonne units and one 250-tonne unit
• 10 truck-mounted cranes of 50-tonne capacity
• 39 articulated boom lifts: XGS40K (20), XGS43 (15), XGS50K (3), XGS70K (1)

How it fits the capex plan

The order forms part of a remaining capex programme of approximately ₹130–140 crore under a ₹400 crore cumulative capex plan, described as a significant portion of the balance capex towards fleet expansion.

Fleet and utilisation

Management stated on the Q1 FY27 earnings call that the fleet stood at approximately 155–158 machines. The company targets 200+ units by FY27. It says it sustained approximately 100% fleet utilisation through FY26 and Q1 FY27, and has indicated an executable order book of approximately ₹70–72 crore for FY27.

Market backdrop cited

The company points to public capital expenditure under the Union Budget for FY2026-27 of approximately ₹12.2 lakh crore versus about ₹11.2 lakh crore in FY2025-26. Renewable Energy is its largest vertical at approximately 48% of the deployed fleet as of FY26.

How investors may read it

The announcement signals fleet expansion and confidence in demand across infrastructure, renewable energy, steel and industrial customers. At the same time, a purchase of this size involves funding and deployment risk: returns depend on how quickly the new machines are put on rent and at what rates. The release itself carries a forward-looking statements disclaimer.

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