ALFA Finder| Management target | Revenue 25.0% FY27 |
|---|
| Revenue growth | 10% YoY standalone; 8% YoY consolidated. |
|---|---|
| Margins | FY27 EBITDA margin target 16%; PAT margin 9-10%. |
| Order book | ₹6,630 Cr as of June 30, 2026; 80% Power Transformers. |
| Demand visibility | Strong; un-executed order book at ₹6,630 Cr; bid pipeline ₹23,000 Cr. |
| Management confidence | High, targeting 25% growth and improved utilization post-August 2026. |
Growth
Standalone Revenue grew 10% YoY; Order Inflow surged 218% to ₹2,114 Cr. 5-year standalone revenue CAGR stands at 27%.
Outlook
Targeting 25% revenue growth for FY27 with 16% EBITDA margin. ₹1,050-1,150 Cr total capex planned for expansion and backward integration.
Risks
QoQ revenue impacted by lower capacity utilization at Changodar due to on-going expansion and geopolitical raw material disruptions.
Last quarter's promises, checked
Delivered
- Guided FY26 Revenue ~₹2,500 Cr → delivered ₹2,509 Cr (= BEAT)
- Guided FY26 EBITDA Margin 15-17% → delivered 17.7% (= BEAT)
- Guided FY26 Order Inflow >₹2,300 Cr → delivered ₹2,374 Cr (= BEAT)
Partly delivered
- Guided FY27 Revenue ₹3,250 Cr → current Q1 run-rate ₹559 Cr (= PARTIAL)
Missed
- Guided FY26 Order Book ₹8,000 Cr → delivered ₹5,000 Cr (= MISS)
- Guided Changodar expansion Q1 start → delivered August 2026 start (= MISS)
Earnings Call filed with BSE, NSE: TARIL. Summary written with AI assistance from the document.
Transformers & Rectifiers (India) Ltd: key numbers
- Share price
- ₹316.25
- Market cap
- ₹9,493 Cr
- Revenue (annual)
- ₹2,509 Cr
- Net profit (annual)
- ₹264.4 Cr
- P/E (TTM)
- 31.2×Sector 51.9×
- Promoter holding
- 64.36%+0.00% QoQ
- FII holding
- 6.98%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Transformers & Rectifiers (India) Ltd
All →Transformers & Rectifiers (India) Capacity Expansion: ₹1,250 Cr Investment
TARIL announced a Rs. 1,250 Crore investment in three greenfield transformer-component plants at Chiyada, Gujarat. Commercial operations are expected to begin in Q1 FY2027-28.
- Value
- ₹1,250 Cr
- greenfield manufacturing plants
- 3 plants
Transformers & Rectifiers (India) Earnings Call Transcript: Key Takeaways
T&R India reported strong execution and order inflows, leveraging infrastructure and energy transition demand.
- Call
- Guides 25% growth
Transformers & Rectifiers (India) Results Update
Transformers and Rectifiers (India) Limited reported Q2FY27 revenue of ₹709 crore, up 66% YoY. The company also reported an unexecuted order book of ₹7,237 crore.
Transformers & Rectifiers (India) Investor Presentation: Key Takeaways
TARIL delivered stellar Q2FY27 performance with 61% consolidated revenue growth and 119% EBITDA growth, driven by improved capacity utilization and operating leverage at its Gujarat plants.
- Call
- Guides 25% growth
Transformers & Rectifiers (India) Q2 FY27 Results: Net Profit ₹81.4 Cr, Up 117.6% YoY
Transformers & Rectifiers (India) Ltd reported revenue from operations of ₹739.4 Cr (+60.7% YoY) and net profit of ₹81.4 Cr (+117.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹81.4 Cr · +117.6% YoY
Transformers & Rectifiers (India) Other Announcement
The company submitted its quarterly shareholding pattern report for the quarter ended September 30, 2026, as required by SEBI regulations.