TIL reports strong Q1FY27 growth as standalone revenue rises 25% to ₹79 crore, EBITDA jumps 223%, TCPL integration lifts consolidated revenue to ₹117 crore with improved profitability.
By Rajat Sharma
TIL standalone revenue rose 25% YoY to ₹79 crore in Q1FY27.
Standalone EBITDA jumped 223% YoY to ₹3.39 crore.
Consolidated revenue reached ₹117 crore after TCPL integration.
TIL delivered nine Reach Stackers, its highest quarterly delivery.
TCPL certifications strengthen its India and Nigeria market opportunities.
TIL Limited has reported a strong financial performance for the first quarter of FY27, with standalone operating revenue rising 25% year-on-year to ₹79 crore. Standalone EBITDA increased sharply by 223% YoY to ₹3.39 crore, while the EBITDA margin stood at 4.3%.
The quarter is also significant as it marks the first period in which Tulip Compression Private Limited (TCPL) has been consolidated into TIL’s financial results. TCPL became part of TIL in May 2026.
After including TCPL, TIL reported consolidated revenue of ₹117 crore for Q1FY27. Consolidated EBITDA stood at ₹7.32 crore, translating into an EBITDA margin of 6.2%.
TCPL contributed standalone revenue of ₹39 crore and EBITDA of ₹3.96 crore during the quarter. Its performance reflects its contribution during the initial period following its integration into TIL.
TIL’s consolidated net worth stood at ₹272 crore as of June 30, 2026.
Order execution remained a key growth driver for TIL during the quarter. The company completed and delivered nine Reach Stackers in Q1FY27, marking its highest single-quarter Reach Stacker delivery since the new management took charge.
According to TIL, the deliveries demonstrate its ability to convert its order pipeline into revenue. The company is also working to regain its position in the Reach Stacker segment and is targeting a 38%-40% market share over the coming year.
TIL Chairman and Managing Director Sunil Kumar Chaturvedi said the company has started FY27 on an encouraging note, supported by 25% YoY growth in standalone operating revenue and improvements in EBITDA and EBITDA margin.
He attributed the performance to faster execution, cost discipline and improved operating efficiency. Going ahead, TIL plans to increase its operational scale while maintaining strong profitability and improving its cost structure, particularly material costs and finance costs.
Chaturvedi also said the synergistic integration of TCPL has been successfully completed. The company aims to build a more profitable, cash-generative and financially resilient business through FY27 and beyond.
TIL Executive Director and CEO Alok Kumar Tripathi said Q1FY27 reflects the company’s continued transformation into a diversified, indigenous capital goods engineering business.
With TCPL now part of the group, TIL’s operations cover defence, material handling and clean energy, along with engineering solutions for CNG, LNG and hydrogen applications across industries.
Tripathi said consolidated revenue and EBITDA growth was supported by the completion of major machine deliveries to customers. He added that order book execution remained the main driver of growth, while the expanding opportunity pipeline across TIL and TCPL gives the company confidence of maintaining momentum during the rest of FY27.
TCPL has also strengthened its credentials in the CNG compression equipment market. The company has PESO-certified products for India and has secured SONCAP certification for the Nigerian market.
It has also received formal compliance with ISO 16923 across its compression product portfolio, covering the complete range of SCMH flow capacities. These certifications align TCPL’s engineering and product standards with internationally recognised CNG fuelling infrastructure requirements.
The certifications enable TCPL to undertake compression equipment projects in Nigeria while strengthening its position among customers in India’s City Gas Distribution sector and international markets.
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TIL’s Q1FY27 performance shows improving revenue, EBITDA and order execution, supported by strong Reach Stacker deliveries and the integration of TCPL. With operations expanding across defence, material handling and clean energy, the company is focusing on scale, cost efficiency and profitability. TCPL’s international certifications could further support its CNG business in India and overseas markets, including Nigeria.
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