Transformers & Rectifiers India Ltd
TARIL NSE
Transformers & Rectifiers India Ltd
IndustrialsNSE: TARIL BSE: 532928 Electrical Equipment
Transformers and Rectifiers (India) Ltd. is a manufacturer of Power, Furnace and Rectifier Transformers. [1]
Key Fundamentals
MicrocapElectrical EquipmentCapital GoodsMarket Cap
₹10,095 Cr
Volatility
Moderate
P/E Ratio
38.01
EBITDA
₹383 Cr
Debt to Equity
0.3
Book Value
₹50.47
52W High
₹578.5
52W Low
₹224.05
Technical Indicators
Key Insights
Strengths
1- Company has delivered good profit growth of 106% CAGR over last 5 years
Weaknesses
1- Promoter holding has decreased over last 3 years: -10.6%
Growth Rate
Revenue Growth
22.31% ↗
Net Income Growth
26.73% ↗
Cash Flow Change
436.97% ↗
ROE
103.71% ↗
ROCE
32.31% ↗
EBITDA Margin (Avg.)
-14.85% ↘
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 438 | 156 | 257 | 369 | 513 | 322 | 462 | 559 | 676 | 529 | 460 | 737 | 783 |
| Expenses | 406 | 151 | 237 | 331 | 441 | 280 | 392 | 475 | 545 | 441 | 409 | 612 | 664 |
| Operating Profit | 33 | 4 | 20 | 38 | 72 | 42 | 69 | 85 | 131 | 88 | 52 | 125 | 118 |
| OPM % | 7% | 3% | 8% | 10% | 14% | 13% | 15% | 15% | 19% | 17% | 11% | 17% | 15% |
| Other Income | 1 | 1 | 1 | 2 | 1 | 4 | 12 | 9 | 10 | 20 | 14 | 4 | 22 |
| Interest | 12 | 15 | 12 | 13 | 11 | 12 | 10 | 14 | 15 | 10 | 13 | 13 | 14 |
| Depreciation | 7 | 6 | 6 | 6 | 6 | 7 | 6 | 6 | 7 | 8 | 7 | 8 | 7 |
| PBT | 15 | -15 | 3 | 21 | 56 | 28 | 64 | 74 | 119 | 90 | 45 | 108 | 119 |
| Tax % | 35% | -20% | 37% | 24% | 26% | 25% | 28% | 25% | 21% | 25% | 18% | 30% | 24% |
| Net Profit | 10 | -12 | 2 | 16 | 42 | 21 | 46 | 55 | 94 | 67 | 37 | 76 | 91 |
| EPS in Rs | 0.34 | -0.48 | 0.06 | 0.55 | 1.4 | 0.67 | 1.51 | 1.82 | 3.14 | 2.24 | 1.13 | 2.46 | 2.97 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 553 | 657 | 821 | 716 | 855 | 701 | 742 | 1,158 | 1,396 | 1,291 | 2,017 | 2,509 |
| Expenses | 523 | 618 | 733 | 650 | 794 | 649 | 673 | 1,084 | 1,275 | 1,157 | 1,689 | 2,126 |
| Operating Profit | 31 | 38 | 87 | 65 | 61 | 51 | 69 | 74 | 121 | 134 | 327 | 383 |
| OPM % | 6% | 6% | 11% | 9% | 7% | 7% | 9% | 6% | 9% | 10% | 16% | 15% |
| Other Income | 3 | 4 | 6 | 6 | 12 | 16 | 9 | 10 | 9 | 6 | 35 | 61 |
| Interest | 32 | 38 | 42 | 44 | 46 | 46 | 46 | 44 | 48 | 51 | 51 | 51 |
| Depreciation | 13 | 15 | 15 | 16 | 19 | 20 | 19 | 17 | 25 | 25 | 27 | 30 |
| PBT | -11 | -10 | 36 | 11 | 9 | 2 | 13 | 23 | 57 | 64 | 285 | 363 |
| Tax % | -34% | -32% | 34% | 41% | 41% | 44% | 39% | 39% | 26% | 27% | 24% | 25% |
| Net Profit | -8 | -7 | 24 | 6 | 5 | 1 | 8 | 14 | 42 | 47 | 216 | 272 |
| EPS in Rs | -0.3 | -0.28 | 0.88 | 0.2 | 0.17 | 0.02 | 0.27 | 0.53 | 1.54 | 1.56 | 7.14 | 8.81 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 19% | 14% | 5% | 6% | 3% | 3% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 14 | 30 | 30 |
| Reserves | 321 | 313 | 312 | 317 | 322 | 323 | 330 | 343 | 381 | 540 | 1,222 | 1,485 |
| Borrowings | 157 | 164 | 209 | 399 | 263 | 308 | 263 | 325 | 330 | 256 | 283 | 457 |
| Other Liabilities | 232 | 299 | 341 | 358 | 281 | 289 | 319 | 428 | 463 | 359 | 652 | 694 |
| Total Liabilities | 723 | 789 | 876 | 1,088 | 880 | 933 | 925 | 1,109 | 1,187 | 1,170 | 2,187 | 2,666 |
| Fixed Assets | 192 | 185 | 187 | 195 | 201 | 193 | 181 | 168 | 153 | 144 | 251 | 250 |
| CWIP | 11 | 11 | 6 | 12 | 3 | 2 | 0 | 3 | 3 | 5 | 62 | 138 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 4 | 268 | 184 |
| Other Assets | 519 | 592 | 682 | 881 | 676 | 738 | 744 | 936 | 1,030 | 1,017 | 1,605 | 2,093 |
| Total Assets | 723 | 789 | 876 | 1,088 | 880 | 933 | 925 | 1,109 | 1,187 | 1,170 | 2,187 | 2,666 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 93 | 37 | 66 | -102 | 179 | 16 | 96 | 2 | 28 | 29 | 157 | -105 |
| Investing | -30 | -5 | -24 | -31 | -8 | -15 | -7 | -8 | 9 | -22 | -625 | -7 |
| Financing | -50 | -31 | -61 | 145 | -182 | 2 | -93 | 17 | -45 | -10 | 472 | 116 |
| Net Cash Flow | 13 | 0 | -18 | 12 | -11 | 3 | -4 | 11 | -7 | -3 | 4 | 3 |
| Free Cash Flow | 61 | 29 | 55 | -132 | 163 | 7 | 91 | -6 | 19 | 14 | -75 | -215 |
| CFO/OP | 310 | 100 | 78 | -152 | 296 | 37 | 140 | 4 | 34 | 38 | 58 | 2 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 158 | 171 | 166 | 256 | 161 | 218 | 205 | 164 | 166 | 174 | 85 | 129 |
| Inventory Days | 147 | 155 | 120 | 182 | 109 | 153 | 147 | 104 | 93 | 109 | 118 | 133 |
| Days Payable | 160 | 209 | 149 | 203 | 114 | 161 | 179 | 129 | 118 | 95 | 109 | 62 |
| Cash Conversion Cycle | 145 | 117 | 138 | 235 | 156 | 210 | 173 | 139 | 141 | 188 | 94 | 199 |
| Working Capital Days | 76 | 77 | 63 | 57 | 55 | 73 | 94 | 60 | 68 | 119 | 34 | 102 |
| ROCE % | 4% | 6% | 15% | 9% | 8% | 8% | 9% | 10% | 15% | 15% | 28% | 23% |
Documents
1
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
27 Apr - Received USD 16.26 million export order for 5 transformers, deliverable by mid-2027. 27 Apr - Received USD 16.26 million export order for 5 transformers, deliverable by mid-2027.
4
Announcement under Regulation 30 (LODR)-Newspaper Publication
22 Apr - Newspaper Publication for Annual financial result as of 31.03.2026 22 Apr - Newspaper Publication for Annual financial result as of 31.03.2026
5
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
12m - Received USD 16.26 million export order for 5 transformers, deliverable by mid-2027. 12m - Received USD 16.26 million export order for 5 transformers, deliverable by mid-2027.
Frequently Asked Questions about Transformers & Rectifiers India Ltd
What does Transformers & Rectifiers India Ltd do?
Transformers and Rectifiers (India) Ltd. is a manufacturer of Power, Furnace and Rectifier Transformers. [1]
Where is Transformers & Rectifiers India Ltd (TARIL) listed?
Transformers & Rectifiers India Ltd is listed on the Indian stock exchanges. It is listed on NSE: TARIL and BSE: 532928. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Transformers & Rectifiers India Ltd belong to?
Transformers & Rectifiers India Ltd operates in the Industrials sector within the Electrical Equipment industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Transformers & Rectifiers India Ltd?
Transformers & Rectifiers India Ltd has a market capitalisation of approximately ₹10094.58 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Transformers & Rectifiers India Ltd?
The Price-to-Earnings (PE) ratio of Transformers & Rectifiers India Ltd is 38.01. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Transformers & Rectifiers India Ltd?
Over the past 52 weeks, Transformers & Rectifiers India Ltd has traded between a low of ₹224.05 and a high of ₹578.5. This range helps investors understand the stock's price volatility and recent trading levels.
Does Transformers & Rectifiers India Ltd pay dividends?
Yes, Transformers & Rectifiers India Ltd has a dividend yield of 0.06%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
How can I research Transformers & Rectifiers India Ltd on Tapetide?
On Tapetide, you can view Transformers & Rectifiers India Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Transformers and Rectifiers (India) Ltd. is a manufacturer of Power, Furnace and Rectifier Transformers. [1]
Website transformerindia.com
CEO Dr. Chanchal Singh Satyendra Rajora C.A.
Employees 553
Listed 2007-12-28
Face Value ₹ 1
Issued Size 30,01,65,834